Major China-based PV inverter manufacturer Sungrow Power Supply Co has reported preliminary unaudited revenue for 2017, which surpasses European rival, SMA Solar Technology’s revenue figures for the first time.
ABB has introduced a range of cloud connected, three-phase string inverter solutions for cost efficient decentralized photovoltaic systems that are claimed to reduce both upfront capital expenditures (capex) and operational expenditure (opex).
GoodWe is rolling out the new DNS series inverters which are ideal for solar power generation in residential homes. With a low start-up voltage of only 120V and the widest voltage range of 80-550V, these inverters can provide high performance and greater options for any household system, while maintaining a sleek, child-friendly design without sharp edges and safer to manipulate.
GoodWe has recently launched its new SBP series, which is claimed to be the world’s first AC-coupled retrofit solution with UPS function which allows energy storage and uninterruptible power supply to both single phase and three phase inverter systems.
PV inverter manufacturer KACO new energy said it has secured orders totalling 550MW in the third quarter of 2017 with cumulative sales so far in 2017 of around 1.95GW, marking orders almost 70% the prior year period.
The downstream solar PV market continues to evolve and as such so does the inverter. At Solar Power International 2017 in Las Vegas the continued roll-out of new products continues as the markets expand for energy storage and larger capacity commercial and residential rooftop systems.
Major PV inverter manufacturer SMA Solar Technology reported a strong rebound in revenue in the second quarter of 2017, while average selling prices (ASP) declines continued, hitting margins with first half year revenue below the prior year period.
PV inverter manufacturer SolarEdge Technologies has reported another quarter of record revenue and shipments on strong demand from key markets such as the US and Europe. The company also guided revenue much higher for the third quarter of 2017.
Major PV inverter manufacturer SMA Solar Technology has raised its full-year revenue guidance range on a 25% increase in its order backlog on strong market demand in all regions served and notably in the Asia-Pacific region (APAC).