Leading PV inverter manufacturer, SMA Solar Technology has announced a further round of restructuring with heavy job losses after drastically lowering its revenue forecast for the year.
Internet giant and increasingly active clean-tech player, Google, is offering a US$1 million prize for a proposal to shrink the “humble” solar inverter to the size of a laptop.
A Pakistan PV wholesaler has told PV Tech the country’s nascent solar industry could face “total collapse” unless a tax on imported solar equipment is lifted.
The Japanese arm of German company Krannich Solar has completed a 418kWp PV system on the roof of an aluminium manufacturer’s facility in western Japan.
Struggling power electronics and PV inverter manufacturer, 3W Power/AEG Power Solutions, has won approval from shareholders and bondholders to convert its €100 million bond by issuing a new €50 million bond and a debt for equity swap for the remaining €50 million.
Swiss inverter company SolarMax has supplied three SolarMax 2000S single-phase, grid connected inverters to the largest open pit copper mine in the world, located near Calama in the region of Antofagasta, Chile.
Aggressive targeting of the US PV inverter market by European suppliers has led to a fragmented supplier base, while revenues from inverters in the US, China and Japan leaped by US$1.7 billion in 2013, according to new analysis by IHS.
