enphase energy

Enphase Energy continues its strategy of restructuring due to a reported competitive environment, this time by selling its commercial O&M division.

Leading microinverter producer Enphase Energy reported a 10% increase in shipments in the third quarter of 2016 as revenue reached US$88.7 million, just shy of the low-end of revenue guidance.

Microinverter producer Enphase Energy said it was restructuring due to the competitive environment with the loss of approximately 11% of its global workforce and the elimination certain non-core but unspecified projects.

In PV Tech’s second Solar Power International (SPI) 2016 new product round up several companies have taken a more holistic or scattergun approach to new product announcements, whereby a number of things, like the IoT (Internet of Things) are showcased, rather than a single product.

In this week's Movers & Shakers, PV Tech centres in on employment news in the US, as we examine career shifts in storage, manufacturing, non-profit and integrated energy companies.