SolarEdge keeps setting business performance records in Q1

PV inverter manufacturer SolarEdge Technologies has reported a clean sweep in key financial parameters for the first quarter of 2018, which includes, revenue, shipments, gross margin, profitability and quarterly cash flow generation.

Esco acquires Renewable NRG Systems

St. Louis, Missouri-based global energy provider Esco has acquired the renewable energy arm of NRG Systems, located in Vermont, under undisclosed terms.

SolarEdge revenue increased 15% in 2016

PV inverter manufacturer SolarEdge Technologies reported fourth quarter and full-year 2016 results that were impacted by a slowdown in the US residential market in the second-half of the year. European and Asia markets helped revenue grow 15% in 2016.

SolarEdge sales slow on US residential market sluggishness

PV inverter manufacturer SolarEdge Technologies reported lower third quarter revenue and guided further revenue declines through the end of the year on weak US residential market and continued ASP pressure in the highly competitive inverter market.