PV Evolution Labs (PVEL) has released the results of the very first independent reliability testing of PV inverters, which included thirty-five different inverter models, including microinverters and power optimisers, produced by 12 different inverter manufacturers.
Major PV inverter manufacturer SMA Solar Technology reported its lowest quarterly revenue and a meagre EBITDA of €0.6 million as its main inverter business units made losses in the first quarter of 2019.
PV inverter manufacturer, Sungrow Power Supply Co had the most incredible revenue generation in the fourth quarter of 2018 that surpasses anything any PV company has ever experienced. The problem of course is why?
A personal perspective on why a solar company could take on its rivals and thrive in a year full of disruptions to the industry but report record results and revenue growth that is unlikely to be topped by any other PV manufacturer in 2018.
PV inverter manufacturer SolarEdge Technologies continued quarterly revenue generation trajectory, despite market dynamics, has result in market share gains and achieving Q3 2018 revenue that is higher than its nearest rival SMA Solar, for the first time.
Major PV inverter manufacturer SMA Solar Technology reported third-quarter 2018 financial results that were largely impacted by cuts in utility-scale and Distributed Generation (DG) deployments in China as the 531 New Deal and US residential issues take hold.
Major PV inverter manufacturer SolarEdge Technologies has continued to post record revenue and shipments in the third quarter of 2018, surpassing the 1GW of quarterly inverter shipments milestone for the first time.
The long-standing CEO of major PV inverter manufacturer SMA Solar Technology, Pierre-Pascal Urbon has suddenly stepped down from his executive role and plans to leave the company altogether at the end of December, 2018.
Major PV inverter manufacturer SMA Solar Technology has lowered its full-year revenue and profit guidance due to the market downturn in China that has led to plummeting product prices and delays to PV Power plant development across major markets.
Major PV inverter manufacturer Sungrow Power Supply Co, recently reported a relatively strong rebound in revenue (up 10%) in the first half of 2018 but on a quarterly basis the second quarter sales increased 29% from the previous quarter, indicating that greater dependence on China and the utility-scale market with central inverters, creates a ‘solarcoaster’ ride.
Major PV inverter manufacturer SMA Solar Technology has once again reiterated sales and earnings guidance for 2018, after reporting first half year results but has become increasingly bearish on the global solar market, while its solar product order backlog takes a dive.
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.