Sungrow was the world’s biggest PV inverter company in 2021, shipping 47.1GW of products and expanding its production facilities in Asia, according to research firm IHS Markit.
US conglomerate General Electric (GE) is looking to triple its solar and battery energy storage manufacturing capacity at its newly launched Renewable Hybrids factory in India by the end of 2022 to 9GW per annum.
Inverter manufacturer SolarEdge benefited from high demand for its products in Europe to increase revenues to a quarterly record while navigating a shortage of electronic components.
SolarEdge Technologies is planning to carry out a public offering of 2 million shares of its common stock, with proceeds to potentially fund acquisitions.
Inverter manufacturer SolarEdge is increasing shipments to the US from a new production plant in Mexico as it looks to save on freight costs and reduce the impact of tariffs on imports.
Chinese inverter manufacturer Sungrow has launched its new "1+X" central modular inverter with an output of 1.1MW at the World Future Energy Summit in Abu Dhabi.
The US Senate Finance Committee has included manufacturing incentives for domestic producers of solar trackers and inverters in its draft version of the country’s Build Back Better (BBB) budget reconciliation bill.
nverter manufacturer SolarEdge posted record revenues from its solar division in Q3 2021 despite a COVID-related shutdown at its manufacturing facility in Vietnam impacting its ability to meet demand.
Microinverter supplier Enphase Energy reported record quarterly revenue in Q3 2021 but stressed the importance of price increases to help offset price volatility in its supply chain.
