Major PV inverter and smart energy manufacturer SolarEdge Technologies has reported record fourth quarter and full-year 2018 revenue, which increased by 54.4%, due to strong product demand.
A personal perspective on why a solar company could take on its rivals and thrive in a year full of disruptions to the industry but report record results and revenue growth that is unlikely to be topped by any other PV manufacturer in 2018.
The Indian state of Tamil Nadu is planning to be an international climate leader for emerging economies by 2023 through its new target of 9GW of solar PV by the same year.
Major PV inverter manufacturer SMA Solar Technology has reported preliminary 2018 financial figures that only met the low-point of revised guidance issued in November, 2018.
PV inverter manufacturer KACO new energy is changing its business focus to include only string inverters and energy storage products, after its acquisition of Energy Depot, selling its central inverter business subsidiary in South Korea to OCI Power. Financial details were not disclosed.
JinkoPower has connected a 100MW solar plant to the grid in Mexico using 1500V smart solution from China-based firm Huawei integrating inverters and transformers.
A series of issues that initially centered on the US Section 201 case, the US v China trade, China’s 531 New Deal and India’s trade tariffs, combined to slice around US$3 billion from the total global corporate funding into the solar sector in 2018, according to Mercom Capital Group.
