There were a number of key factors at play in the first quarter of 2020 that either positively or negatively impacted financial results for five public listed PV inverter manufacturers in the quarter.
PV string inverter manufacturer Ginlong Solis Technologies is to double its manufacturing capacity to 20GW per annum via a US$100 million non-public offering to meet growing demand for its mainstream products and emerging solar-plus-storage product offering.
Our live curation of latest news and developments charts how the pandemic is disrupting supply chains and the day-to-day business reality of solar operators worldwide.
Firm will keep an eye on potential cancellations after growth in US, Australia, Germany and others helps offset hit in Italy, bringing quarterly revenues to all-time high of US$431.2 million.
Microinverter supplier Enphase Energy has reported a doubling in Q1 revenue but warned of tumbling demand as the COVID-19 crisis keeps solar installers at home.
Major PV inverter manufacturer Sungrow Power Supply Co exported a total of 9GW of PV inverters to overseas markets in 2019, an 87.5% increase year-on-year, due to the significant decline in solar installations caused by policy changes in the Chinese domestic market stretching back to May 2018.
Safety measures and PV-keen financiers help set scene for ground-breaking of subsidy-free PV plant in Andalusia, with plans for completion before year-end.
Five large solar farms in Australia that have operated under grid constraints since September 2019 have had those restrictions lifted, following the rollout of new inverter settings.
