Tesla’s energy generation and storage business revenue declined further in the first quarter of 2019, with solar rooftop deployments hitting a new low of 47MW, a 36% quarter-on-quarter decline. In response, Tesla will be offering new customers in the US a US$99 upfront deposit before installing a solar system.
More than 240MW of feed-in tariff-accredited solar was installed in the UK in Q1 2019 as the country’s last remaining subsidy mechanism closed to new applicants.
US-headquartered high-efficiency solar panel manufacturer SunPower Corp recently held its ‘Capital Markets Day’ event that indicated a slow turnaround in its business fortunes would be a key development in 2019.
A key challenge for a company that has undergone several major restructurings in recent years has been the lack of profitability.
Hoymiles is unveiling its 4-in-1 microinverter, the HM-1200, which is the first designed with reactive power control for 4 solar panels. It still offers the same features as Hoymiles former released MI-1200, with wide DC input operating voltage range (16-60V) & low start-up voltage (22V only).
US-headquartered high-efficiency solar panel manufacturer SunPower Corp has launched its first PV module using its NGT (Next Generation Technology) IBC (Interdigitated Back Contact) 'Maxeon Gen 5' cells, fabricated on a new production line at its manufacturing plant in Malaysia.
Major PV inverter and smart energy manufacturer SolarEdge Technologies has reported record fourth quarter and full-year 2018 revenue, which increased by 54.4%, due to strong product demand.
