PV inverter manufacturer SolarEdge Technologies has reported record high fiscal first quarter revenue of US$115.1 million, up 16.9% from the previous quarter and 71.8% year-over-year.
The Thai government has opened its doors to prospective solar project developers, who have registered their interest in building the first and largest portion of 800MW of PV projects in the country through an auction process.
PV power plant system suppliers Shoals Technologies Group and Huawei Technologies are to develop and promote 'plug and play' solar PV power plant solutions globally.
Israel-headquartered SolarEdge has said that its new technology, HD Wave, which the company claims dramatically reduces the magnetic and cooling elements of a PV inverter, might have won the prize endowed by Google to find a compact solution for inverters.
L&T Construction, the power transmission and distribution arm of Indian multinational Larsen & Toubro, has won contracts for the EPC of 115MW of solar power projects in southern India.
Production has begun on Saudi Arabia’s first locally-made solar inverters through a partnership between KACO and local company Advanced Electronics Company (AEC).
German-headquartered PV manufacturer SolarWorld will launch a 72-cell bifacial solar panel at this week’s Solar Power International trade show in California.
SolarEdge is hoping that new processing technology in its latest range of inverters will “revolutionise” inverter design in the same way that flat screen technology superseded old-fashioned cathode ray TVs.
After dropping a series of strong hints – including those given in interviews with PV Tech Storage – Enphase has confirmed that its AC battery will be launched in Australia first.