Leading PV inverter company Huawei said it had formed a strategic partnership with PV project developer and EPC firm, Strata Solar, which will include the supply of Huawei’s flagship Sun2000 string inverters to planned utility-scale solar power plant projects in North America.
China-based PV manufacturer and project developer ET Solar signed a cooperation agreement with the largest PV inverter producer, Huawei as it aligns key suppliers around its plans to build 1GW of PV power plants around the globe over the next 12 months.
Taiwan’s plans to release uncultivable land including ‘sinking land’ for large-scale solar PV projects will require both unique and robust solar equipment, according to delegates at the PV Taiwan exhibition.
Fully digitized solar power plants will be the next focus for improving efficiencies in the solar PV industry according, to Guoguang Chen, general manager of inverter manufacturer Huawei’s Smart PV Europe Business.
2017 could be the breakthrough year for 1500V PV project architecture as developers look to fulfil aggressively priced power power purchase (PPA) agreements.
Huawei Technologies decided to enter the PV inverter market, bringing its ICT know-how and hardware to a market already burdened by overcapacity and declining margins. In a few short years, instead of floundering, Huawei soon became the market leader in China.
The ease of due diligence on inverters and increased technical awareness among the investor community has helped ease bankability issues surrounding Chinese inverters in recent years.