One of Japan’s largest trading companies, Marubeni, which is already involved in both upstream and downstream sectors of PV industry, has entered the domestic market for residential solar.
Beleaguered German inverter manufacturer, SMA Solar, has ended the fiscal year with sales slightly higher than expected but still down 13.6% on 2013 and with an operating loss almost twice as large as last year’s.
SunPower has made a deal to allow its commercial and industrial users the benefit of access to energy intelligence software made by EnerNOC, a US developer of cloud-based energy management and demand reduction solutions.
The cost of solar in Japan declined as much as 15% in one year, but a lack of clear policy direction from the government has left a number of businesses with a “pessimistic” outlook of the industry’s future, according to a survey by the Japan Renewable Energy Foundation (JREF).
Kyocera is targeting the German market for self-consumed solar electricity, with the Japanese company preparing to launch a home energy storage system in May.
Major PV inverter manufacturer Sungrow Power Holdings said that 50 SG1000TS central inverters were used at a recently completed 50MW PV power plant built by Jinko Power Company, a subsidiary of PV module manufacturer, JinkoSolar in Jiangxi Province, China.
Japan’s residential and small commercial solar industry could represent a “huge, huge opportunity” for suppliers of inverters and module-level power electronics, according to an analyst with market research firm IHS.
The worldwide market for balance of systems (BOS) for solar power could be worth US$21 billion by 2019, with the greatest activity expected to be seen in the commercial sector, according to a new report from analysis firm IHS.
ABB, an inverter company, has been selected to supply more than 45 of its ULTRA central inverters to the second-largest installation of its kind in South America.
Major PV inverter manufacturer Sungrow Power Supply has reported preliminary 2014 shipments, which include around 20% growth in China and 47% shipment growth overseas, compared to the previous year.