SolarEdge Technologies’ solar power optimisers and inverters could face an import ban into the US after the country’s International Trade Commission (ITC) said it would begin an investigation following a complaint filed by optimiser provider Ampt.
Inverter manufacture SolarEdge has posted record revenues and inverter shipments for Q2 as it benefited from strong demand for its products in the US and Europe, while addressing previous supply chain problems that had hampered performance in the previous quarter.
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.
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.
SolarEdge witnessed record revenues in Europe as sales in North America stagnated in Q3, with the effects of the COVID-19 pandemic still clear and present in the company’s financials.
