The worldwide market for module-level power electronics (MLPEs), including PV microinverters and power optimisers, is expected to reach US$1 billion by 2019, according to IHS.
Pakistan’s energy regulator, NEPRA (National Electric Power Regulatory Authority), has approved and put into effect net metering schemes for solar and wind generation of up to 1MW.
Enphase claims it has continued its “aggressive growth” into the Oceania region with the formation of a distribution agreement with a wholesaler, distributor and training and support company in New Zealand.
Leading PV inverter manufacturer SMA Solar Technology has backed up recently raised full-year revenue guidance with first half sales reaching €429.3 million, driven the most by the utility-scale PV power plant market.
Enphase Energy (Enphase) CEO Paul Nahi said the company has enjoyed “strong demand” for its solar energy systems in the US, Australia and Europe, resulting in record shipments of 195MW for the second quarter of this year.
Sungrow Power has entered into an agreement with Yu County Jinyang New Energy, a subsidiary of GCL New Energy, for Sungrow to provide EPC services for a 50MW PV project in Yo County, Yangquan City, Shanxi Province, China.
Microinverter firm Enphase Energy and dedicated residential PV company Sunrun have signed an agreement for Enphase to supply solar energy systems to Sunrun for its household PV installations.
Major PV inverter manufacturer Sungrow Power Supply is planning to increase manufacturing capacity by a further 5GW to meet expected strong demand in 2016 and onwards, driven by China and its growing international footprint.
US power optimiser supplier Ampt is raising up to US$25 million to ramp up its production, sales and product innovation, with its optimisers aimed at the commercial and utility-scale PV plant markets.