pv inverters

There were a number of key factors at play in the first quarter of 2020 that either positively or negatively impacted financial results for five public listed PV inverter manufacturers in the quarter.

Revenue growth is a key metric for five public listed PV inverter manufacturers in 2019, led by skyrocketing SolarEdge.

Major PV inverter manufacturer Sungrow Power Supply Co exported a total of 9GW of PV inverters to overseas markets in 2019, an 87.5% increase year-on-year, due to the significant decline in solar installations caused by policy changes in the Chinese domestic market stretching back to May 2018.

Inverter maker joins others at UNEF's online session to spell out its steps to weather the pandemic so far and its broader views on how solar firms will be transformed by the crisis

Market research firm IHS Markit believes the PV inverter replacement market will increase by around 40% in 2020, creating an 8.7GW need outside new global installations.

Major PV inverter manufacturer, SolarEdge Technologies has reported a second consecutive year of over 50% revenue growth as quarterly and annual sales continued to break company records.

Growatt has introduced its new XH series of storage ready inverters that works with a low voltage battery and has a battery interface which can be easily extended later to a storage system without retrofit cost, providing home owners who are looking to convert their rooftop PV systems into solar storage systems in the future.

Coronavirus-driven manufacturing delays and supply chain constraints in China are starting to impact both upstream PV manufacturers and downstream installers across other countries.

Major PV inverter manufacturer, SolarEdge Technologies has gained JET certification (Japan Electrical Safety and Environment Technology Laboratory) in Japan for its single phase residential and small commercial inverter range.

Major PV inverter manufacturer, SMA Solar Technology surprised with better than guided 2019 financial results as a surge in shipments and sales took place in the second half of the year.