PV inverter supplier SMA Solar is to lay off 425 full-time staff and discontinue China as a location as part of a restructuring plan announced in September in order to return the company to profitability quickly.
Despite the "absolutely fantastic" progress in a year of tough market conditions, Bridge to India has said rooftop solar should be given more government support.
SMA to supply inverters to 50MW Mali solar plant, EIB to provide US$87 million to Mexican solar, Solkompaniet completes largest solar project in West Sweden.
Major PV inverter manufacturer SMA Solar Technology has lowered both its revenue and profit forecast again for 2018, citing continued ‘strong pricing pressure’ through November.
Gamesa Electric is to supply 66 PV inverters to 400MW of capacity being set up by Scatec Solar at the Benban solar park in Egypt.
Inverter manufacturer GoodWe has reorganised its operations in Europe with an independent German subsidiary established in Munich.
Clenergy to supply 100MW of mounting structures to Vietnam project, SMA provides 1.8GW of solar inverters to Australia in 2018, The Philippines launches green airport
SMA surpasses 400MW solar inverter sales in Vietnam, Hevel supplies 105MW of HJT modules to T Plus, Tata Power Solar launches residential rooftop solution in Bhubaneswar
PV inverter supplier Sungrow will provide inverters to French EPC firm Bouygues for a 201MW solar project in Vietnam's Ninh Thuan Province, currently being developed by a joint venture, BIM Group and AC Energy.
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.
Major PV inverter manufacturer SMA Solar Technology reported third-quarter 2018 financial results that were largely impacted by cuts in utility-scale and Distributed Generation (DG) deployments in China as the 531 New Deal and US residential issues take hold.
Conti Solar completes EPC work on complex landfill site, Huawei's role in post-subsidy Spain and the EBRD seeds energy efficiency gains in Albania including residential solar.
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.
SMA Solar Technology is to deliver equipment including inverters to a 50MW solar project in Minbu, Myanmar.
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.
