PV power systems specialist, Bentek Solar claims to have shipped over 100MW of its new 1000VDC Breaker Universal Safety Systems (BUSS) since the product was only launched back in March, 2013.
SMA Solar Technology is continuing to tout the expectation that a dire PV market this year will lead to the company making further headcount reductions.
A top executive from Advanced Energy Industries today admitted the company would have risked relegation to the second tier of inverter companies without its recent acquisition of Refusol, a leading European inverter manufacturer.
The supplier base for PV inverters continued to fragment in 2012, with the market share of the world’s 10 largest suppliers falling by 6%, according to a report by IMS Research.
Advanced Energy Industries (AE) has started another round of restructuring aimed at taking advantage of the ‘fabless’ business model offered by recently acquired PV inverter company REFUsol.
The global market for energy storage in PV is forecast to grow to US$19 billion by 2017 from just $200 million last year, according to research by IHS.
Bill Gates has given financial backing to the development of a new energy storage system aimed at cutting the intermittency of renewable energy technologies such as solar.
