PV Tech’s recent coverage of three publicly listed PV inverter manufacturers (SMA Solar Technology, SolarEdge Technologies and Enphase Energy) first quarter financial results has highlighted a looming battle between two of the companies over achieving the highest annual revenue figures (US$ adjusted) in 2018.
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.
Following last year’s announced cooperation with Tigo, PV inverter manufacturer GoodWe is now launching the DNS and SDT rapid shutdown inverter series with MLPE functionalities, a streamlined solution for the optimization of energy yields on the module level which is perfectly adequate for complex system designs and partial shadings – using optimizers on shaded modules recovers an average of 36% energy loss due to mismatch.
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.