PV inverter manufacturer SolarEdge Technologies continued quarterly revenue generation trajectory, despite market dynamics, has result in market share gains and achieving Q3 2018 revenue that is higher than its nearest rival SMA Solar, for the first time.
Leading PV microinverter supplier Enphase Energy reported lower than expected revenue for the third quarter of 2018, citing continued critical component shortages for the flat sales and shipments.
Starting with a 250MW first phase factory by July next year, the director of Pakistan-based conglomerate ACT Group has said it should be able to sell PV modules to the customer's doorstep at equal to or cheaper than Chinese import prices.
Trade delegations from India and Taiwan have failed to reach an agreement in a dispute regarding India’s safeguard duty on solar cell and module imports from developed countries as well as China and Malaysia, according to a World Trade Organisation (WTO) filing dated 2 November.
Major PV inverter manufacturer SolarEdge Technologies has continued to post record revenue and shipments in the third quarter of 2018, surpassing the 1GW of quarterly inverter shipments milestone for the first time.
Dubai Electricity and Water Authority (DEWA) has added 250MW of solar PV to its agreement with a consortium led by Saudi-based developer ACWA Power for capacity in the fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park, which is already one of the world’s largest Concentrated Solar Power (CSP) developments.
The Bureau of Land Management, part of the US Department of the Interior, has authorised the 500MW Palen Solar project owned by EDF Renewable Energy, near Desert Center, in Riverside County, California.
Leading monocrystalline wafer producer and ‘Silicon Module Super League’ (SMSL) member LONGi Green Energy Technology increased revenue by 35.26% in the first nine months of 2018, yet third quarter revenue and profits were significantly lower than the previous quarter, due to ASP declines across wafers and modules.
Global floating solar installations had reached 1.1GW as of September this year, a huge rise from just 10MW at the end of 2014, according to the first report on floating PV from the World Bank and Solar Energy Research Institute of Singapore (SERIS).
