Share prices for inverter manufacturer SolarEdge have risen since the start of the week following news the company is cutting 400 jobs, its fourth layoff in the past year.
Nir served as the company’s chief marketing executive since June 2024 and will succeed Ronen Faier, who served as interim CEO of the company since August 2024.
Spanish inverter manufacturer Ingeteam and PV automation solutions company Quantified Energy Labs (QE-Labs) have performed a drone electroluminescence (EL) inspection on a PV plant.
SPE said the inverter industry “faces difficulties due to global manufacturing overcapacity and a slowdown in the rooftop PV segment in several important European markets.”
Lithuanian lawmakers have adopted legislation designed to limit the ability of Chinese inverter manufacturers to remotely access the country’s solar and wind power plants.
