The past few weeks has seen some of the most dramatic knee-jerk, naïve and misinformed PV market reporting seen in recent times, with the headlines often resembling nothing more than tabloid sensationalism.
US-headquartered high-efficiency PV module producer SunPower Corp has announced a definitive agreement for leading microinverter firm, Enphase Energy to acquire SunPower’s microinverter business (formerly SolarBridge Technologies) in a staggered cash and share deal.
Leading solar PV inverter supplier Huawei has teamed with advanced solar monitoring and analytics firm, Locus Energy to support its launch of its ‘FusionHome’ Smart Energy Solution to the North American market in mid-2018.
Ingeteam has signed contracts to supply inverters to 555MW of solar projects in Mexico, mainly in large-scale systems but also for commercial plants based on string inverters.
PV Tech’s recent coverage of three publicly listed PV inverter manufacturers (SMA Solar Technology, SolarEdge Technologies and Enphase Energy) first quarter financial results has highlighted a looming battle between two of the companies over achieving the highest annual revenue figures (US$ adjusted) in 2018.
PV inverter manufacturer SolarEdge Technologies has reported a clean sweep in key financial parameters for the first quarter of 2018, which includes, revenue, shipments, gross margin, profitability and quarterly cash flow generation.
Major PV inverter manufacturer SMA Solar Technology has reiterated sales and earnings guidance for 2018, despite a rebound in its utility-scale business unit and growing energy storage sales.
Israel-headquartered SolarEdge launched a software platform for aggregating household energy storage units - and other distributed energy equipment - into virtual power plants, last week. The company’s solution has already been chosen for a VPP project in Australia by AGL, one of the country’s biggest utilities. The commercial launch of the VPP platform direct to customers is now underway. Energy-Storage.News editor Andy Colthorpe spoke with Lior Handelsman, one of SolarEdge’s founders and vice president of marketing and product strategy.
