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SolarEdge cites slowdown in US residential market

PV inverter firm SolarEdge Technologies reported fiscal fourth quarter revenue of US$124.8 million, which was at the low end of guidance, due to a slowdown in the US residential market, its biggest market for the company.

PV Talk: The rise and rise of module-level power electronics

Last month Israeli inverter manufacturer SolarEdge revealed it had sold its 10 millionth power optimiser. With half of those shipped in 2015, there appears to have been a discernible change in attitudes recently toward module-level power technologies. SolarEdge’s Lior Handelsman explains why.