Major PV inverter manufacturer SMA Solar Technology reported a rebound in shipments and sales in the third quarter of 2020, driven by a recovery in demand after its Q2 financials were hit by project slowdowns in Europe and the US due to COVID-19.
RainWise has introduced the ‘PVmet 500’ weather station series for commercial and utility-scale PV power plants, which is said to be the world’s first compact and customizable multi-function professional grade weather station specifically designed for PV efficiency monitoring. The PVmet 500 provides a cost-effective solution, measurement accuracy, and IEC-61724-1 compliance and handles multiple communication protocols for fast field acceptance.
KSTAR has launched a new 1100V string grid-tied PV inverter with advanced features to support the adoption of high-performance bifacial modules and energy storage systems (ESS) for commercial & industrial (C&I) PV power plants designed to meet a wide-range of applications.
GoodWe has launched its new HT series string inverters - 100kW to 136kW - which are the company’s most powerful and intelligent devices to date for the Commercial & Industrial as well as the utility-scale PV markets.
Taking a more pessimistic view of the impact of COVID-19 on the end-market demand for solar installations in 2020, IHS Markit expects global installs to decline 16% to 105GW in 2020, compared to around 125GW in 2019.
Tesla reported a bounce back in solar installations in the third quarter of 2019, while energy storage installs reached a new record high. The company is also launching a third-generation residential roof system ahead of a volume production ramp.