Major PV inverter manufacturer SolarEdge Technologies has guided a return to overall business growth in 2021, due primarily to strong market demand in Europe and the US as well as the rollout of its residential energy storage product.
FIMER has introduced its new PVS-10/33-TL three-phase string inverter solution that is designed to cater for the increasing demand for flexibility in commercial and industrial sectors.
With three years of financial and business data available, we can start to analyse a number of possible trends, one of these is the changing landscape surrounding Sunnova's supplier base for PV modules, inverters and energy storage.
Major PV inverter manufacturer SolarEdge Technologies reported year-on-year revenue growth of just 2.4% in 2020, compared to growth rates of over 50% per annum in recent years.
Leading microinverter supplier Enphase Energy reported record full-year revenue and shipments in 2020, driven by an ongoing transformation in its contract manufacturing supply chain that will enable the company to supply between 16 million to 20 million microinverter units in 2021, should demand allow.
Growatt has launched a powerful 1500V string inverter for large scale solar plants. The MAX 1500V inverter aims to lower LCOE and achieve higher yields for clients.
Major inverter manufacturer SMA Solar Technology has reported preliminary full-year 2020 financial results which met the low end of guidance but also reported a slight decline in fourth quarter sales coupled to plummeting gross margins.
