Israeli solar inverter manufacturer SolarEdge posted strong Q1 2023 financial results with record revenues and shipments, building on a less profitable 4th quarter.
Solar PV developer Lightsource bp has signed a deal with industrial manufacturing company Siemens for a 1GW supply of solar inverters to be deployed on Lightsource’s US PV projects.
Testing and certifications company UL Solutions has published a new set of cyber security certification requirements for solar, wind and storage assets connected to the distribution grid, as well as other inverter-based resources (IBR).
Solar inverter and solutions provider Solinteg is opening a new factory in the Chinese city of Wuxi that will add an initial 4GW of manufacturing capacity as the company aims to meet increasing demand for its products.
Inverter supplier SMA Solar Technology has published provisional financial results for 2022 which show significant improvements in EBITDA and net income compared with 2021.
Israel-headquartered smart energy technology company SolarEdge's yearly net income in 2022 dropped by 45%, despite the total revenue increasing by 58% year-on-year.
Microinverter supplier Enphase Energy plans to add a quarterly capacity of 4.5 million microinverters in 2023 and reach ten million by the end of the year.
