Major PV inverter manufacturer Sungrow Power Supply Co, recently reported a relatively strong rebound in revenue (up 10%) in the first half of 2018 but on a quarterly basis the second quarter sales increased 29% from the previous quarter, indicating that greater dependence on China and the utility-scale market with central inverters, creates a ‘solarcoaster’ ride.
Leading PV microinverter supplier Enphase Energy reported second quarter 2018 earnings that indicated the path back to sustained profitability was in sight, despite a number of market issues, such as trade barriers and continued electronic component shortages.
US-headquartered high-efficiency PV module producer SunPower Corp has announced a definitive agreement for leading microinverter firm, Enphase Energy to acquire SunPower’s microinverter business (formerly SolarBridge Technologies) in a staggered cash and share deal.
Enphase Energy and Solaria Corporation have announced the introduction of an AC solar module, the Solaria ‘PowerXT’-AC. The AC module features the Enphase IQ 7+ Microinverter and delivers high performance and aesthetics through Solaria’s proprietary module technology.
Enphase Energy has launched its seventh-generation ‘Enphase IQ’ microinverters for the Enphase Home Energy Solution with ‘IQ’. The ‘Enphase IQ 7 Micro’ and ‘Enphase IQ 7+ Micro’ are designed for worldwide markets and have started shipping to distributors in the United States. Enphase IQ 7 microinverters will continue to be phased into markets around the world through the first half of 2018.
Leading PV microinverter supplier Enphase Energy has appointed current COO, Badri Kothandaraman as its new president and CEO, after the sudden departure of long-term CEO, Paul Nahi in early August, 2017.
PV company JinkoSolar announced Tuesday that it has launched its new Eagle AC — an integrated product featuring JinkoSolar's high-efficiency monocrystalline PERC PV module and the IQ6 Microinvter from Enphase Energy.
Leading PV microinverter supplier Enphase Energy reported a strong rebound in sales and shipments, which hit a new record in the second quarter of 2017, yet losses continue and its founding CEO, Paul Nahi announced his resignation from the company.
LG Electronics USA has launched the ‘NeON’ 2 ACe module in collaboration with Enphase Energy at Intersolar 2017. The high-efficiency AC module uses Enphase’s latest IQ6 microinverter technology, which integrated at the module assembly stage is designed to reduce installation time by half, compared with conventional modules, while offering cutting-edge technology.