SMA Solar Technology’s sales for 2021 came in below prior expectations for the year as the inverter supplier was impacted by a shortage of electronic chips – a headwind it expects to persist in the coming months.
Chinese inverter manufacturer Sungrow has inaugurated a 7GW expansion to its solar inverter factory in India, taking the facility's production capacity to 10GW.
Solar inverter manufacturer SMA Solar Technology has increased its net income by more than 66% for the first nine months of the year compared with last year as its management board reaffirms its previously downwards adjusted sales and earnings guidance of for 2021
PV Evolution Labs (PVEL) has launched a crowdsourced testing programme that will work with solar investors, developers and asset owners to test inverters and does not require manufacturer participation.
A 58.5MW floating PV plant in Thailand, said to be the largest install of its kind in the country, has been connected to the grid, according to inverter and floating solutions supplier Sungrow.
Inverter supplier SMA Solar Technology has lowered its revenue and earnings guidance for the remainder of the year due to the undersupply of electronic components.
SMA Solar Technology saw inverter sales decline in the first half of 2021 and warned of potential delivery capacity constraints in H2 because of the ongoing strained supply situation for electronic components.
