Major PV inverter company, SolarEdge Technologies continued its streak of record quarterly revenues in the third quarter of 2019. However, fourth quarter revenue growth is expected to slow compared to previous quarters.
After disappointing beginnings, India's rooftop solar market is now thriving with 75% year-on-year growth. PV Tech caught up with Ron Shen, vice president, international sales and service centre at China-based PV inverter supplier GoodWe, to discuss knock-on effects of safeguard duties on modules, price pressure and market growth.
Growatt has introduced the MAX 50-80KTL3-LV/MV series string inverters that are equipped with 6 MPPTs, enabling more flexible string configuration and less string mismatch loss for commercial rooftop installs with shading issues.
PV inverter supplier Sungrow will establish a new factory in Bangalore, India, with an annual production capacity of 3GW in central and string inverters - its first manufacturing facility outside China.
Solar power conversion company ABB has signed off on a contract to provide its string inverters for two PV projects delivered by the Solek Group in Chile — with the two installations posting a combined generation output of 12MW.
Major PV inverter manufacturer SMA Solar Technology has raised its full-year revenue guidance range on a 25% increase in its order backlog on strong market demand in all regions served and notably in the Asia-Pacific region (APAC).