Firm mourns loss of founder and former CEO after struggle with cancer, which saw him replaced by Zvi Lando as acting CEO earlier this month.
Swiss group records 91% plunge in Q2 2019 figures released two weeks after accepting to cough up US$470m for a buyer to take on its solar inverter business.
Zurich firm cites bleak outlook of global inverter segment as it moves to offload liability-ridden unit to Italian group FIMER, in return for hefty compensation.
Up-and-running installation developed by Thesan Renewable is being described as largest PV project to see the light in Central American state.
Installers initially balked at applying innovation to 2.5MW Norwegian PV rooftop but came around after learning costs would drop by 10-15%, firm tells PV Tech.
Manufacturer’s 1500Vdc units to be added to plant nearing construction in Atacama Desert, billed as largest seen so far in South American state.
Chinese inverter manufacturer Sungrow has officially opened a new manufacturing facility in India.
PV inverter supplier Sungrow will establish a new factory in Bangalore, India, with an annual production capacity of 3GW in central and string inverters - its first manufacturing facility outside China.