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.
Panasonic Eco Solutions of North America and SolarEdge Technologies have teamed to offer the Panasonic ‘HIT’ (Heterojunction with Intrinsic Thin layer) ‘S Series’ PV module, using power optimizers that offer greater design flexibility for higher power efficiency and lower installation costs with a higher ROI.
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.