Balance of System

In its Q1-3 2024 financial results, SMA Solar said it will cut up to 1,100 jobs and reduce costs by between €150 and €200 million by the end of 2025.

Lithuanian lawmakers have adopted legislation designed to limit the ability of Chinese inverter manufacturers to remotely access the country’s solar and wind power plants.

US solar tracker manufacturer Array Technologies has posted US$231 million in revenues and adjusted EBITDA of US$46.7 million in its Q3 2024 financial results.

Tracker company FTC Solar has signed a 1GW PV tracker supply agreement with Dunlieh Energy with the first project located in Nebraska, US.

EDP is piloting a robotic construction solution on a 122MW Spanish project, which it hopes will significantly slash the project’s build time.

A German government-funded project has developed a new methodology for predicting the lifetime of inverters used in solar, battery and other energy systems.

The average global LCOE for fixed-axis solar PV systems in 2024 reached US$66/MWh, ranging from US$28/MWh to US$117/MWh.

This is the third R&D facility that Nextracker has in operations, with one in Northern California, US and another one in Sao Paulo, Brazil.

The new foundation system product further expands on Nextracker's foot in the business after the recent acquisitions of Ojjo and Solar Pile International.

Nevados said the TRACE All-Terrain Tracker can be deployed on slopes of up to 37% and includes 75% hail stowing