SMA Solar’s sales slide 15% in Q3 on China and US woes

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.

Sungrow’s sales show ‘solarcoaster’ ride against rivals

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.

SMA Solar now facing battle with SolarEdge over inverter revenue rankings in 2018

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.

SMA Solar remains cautious on business in 2018

Major PV inverter manufacturer SMA Solar Technology has reiterated sales and earnings guidance for 2018, despite a rebound in its utility-scale business unit and growing energy storage sales.