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.
Major PV inverter manufacturer SMA Solar Technology has announced that it has reclaimed the leadership position in the US commercial market segment, accounting for over 26% of market share, according to GTM Research’s most recent ‘US PV Leaderboard’ report.
Virtual power plants (VPPs) can greatly increase the value of home energy storage systems for a range of stakeholders including grid operators, utilities and their customers, according to SolarEdge, which has just launched a VPP software platform.
FTC Solar, Inc. announced the release of its proprietary Atlas portfolio management software solution. Atlas, formerly known as SAM (Solar Automation Module) provides developers and asset owners with a "one stop shop" solution to manage all solar projects on one centralized platform.
Major PV tracker firm, NEXTracker is to supply the Maharishi University of Management (MUM) in Fairfield, Iowa with a 1.1MW integrated solar-plus-storage system.
Following last year’s announced cooperation with Tigo, PV inverter manufacturer GoodWe is now launching the DNS and SDT rapid shutdown inverter series with MLPE functionalities, a streamlined solution for the optimization of energy yields on the module level which is perfectly adequate for complex system designs and partial shadings – using optimizers on shaded modules recovers an average of 36% energy loss due to mismatch.
Sineng Electric has introduced a new central distributed inverter for bifacial solar modules. Bifacial modules are expected to become a leading force in the industry due to the significant improvement in energy yields and reduction in cost but their high-performance characteristics are not served well with current inverter technologies.
PV inverter supplier Sungrow will establish a new factory in Bangalore, India, with an annual production capacity of 3GW in central and string inverters - its first manufacturing facility outside China.
