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 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.
At Solar Power International 2018 in Anaheim, numerous PV module manufacturers are continuing to roll-out a wider range of panels that embrace new technologies such as bifacial and half-cut cells as well as increased performance from existing product offerings that include both monocrystalline and multicrystalline.
France-based floating solar (FPV) specialist Ciel & Terre has completed a 252kW FPV system wastewater treatment pond in Kelseyville, California, part of four projects in the US totalling 5.3MW in the third quarter of 2018.
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.
SolarEdge is shipping its most powerful inverter product to date – the SE100KUS inverter for 277/480Vac commercial grids. The SE100KUS utilizes a bundling concept with three separate units to retain higher system uptime and availability.
SolarEdge Technologies ‘StorEdge’ solution with power backup has been launched in European markets. SolarEdge’s StorEdge is a DC coupled storage solution that allows home owners to gain energy independence and stay powered even when grid power is down.
PV inverter manufacturer SolarEdge Technologies has announced that it was expanding its commercial PV sector product solutions with the launch of larger-capacity three-phase inverters with its synergy technology and a multi-input power optimizer at Intersolar Europe.
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.
‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS said it would be supplying over 6,100 ‘Q.PEAK-G4.1’ 300Wp monocrystalline solar modules to a floating solar (FPV) plant in the Netherlands in 2018.