Inverters

Enphase Energy's financial results follow a wider trend in the inverter market, which has seen major players struggle to adapt.

The inverters will be used for commercial solar installations across the US “estimated to exceed 100MW”, Summit Ridge said.

Share prices for inverter manufacturer SolarEdge have risen since the start of the week following news the company is cutting 400 jobs, its fourth layoff in the past year.

Opening bids for the largest centralised procurement tender in China’s PV history have come in, with 51GW each of PV modules and inverters on the table.

A shift towards residential energy storage has seen Western inverter manufacturers lean into more complex, digital energy management products.

As solar panel prices continue their downward trend in November, module prices are expected to face a ‘slight uptick’ in December, according to the latest pv.index report.

MA Solar Italy, a subsidiary of McLaren, acquired FIMER for an undisclosed fee amid challenges for the inverter market.

SPE said the inverter industry “faces difficulties due to global manufacturing overcapacity and a slowdown in the rooftop PV segment in several important European markets.”

German renewable energy developer Wirsol has lodged a modification application to increase the capacity of its Maryvale solar-plus-storage project in New South Wales, Australia, to 230MW.

Cormac Gilligan of S&P Global said macro market forces have combined with technology shifts to impact the fortunes of inverter producers.