Share prices for inverter manufacturer SolarEdge have risen since the start of the week following news the company is cutting 400 jobs, its fourth layoff in the past year.
Opening bids for the largest centralised procurement tender in China’s PV history have come in, with 51GW each of PV modules and inverters on the table.
As solar panel prices continue their downward trend in November, module prices are expected to face a ‘slight uptick’ in December, according to the latest pv.index report.
SPE said the inverter industry “faces difficulties due to global manufacturing overcapacity and a slowdown in the rooftop PV segment in several important European markets.”
German renewable energy developer Wirsol has lodged a modification application to increase the capacity of its Maryvale solar-plus-storage project in New South Wales, Australia, to 230MW.
