SolarPower Europe calls for 5 GW of EU solar module manufacturing

The European solar association has called on Europe to set up 5 GW of solar PV module manufacturing capacity to cater to the expected around 15 GW of annual demand.

Kostal, RCT Power take the lead in storage system efficiency ranking

Researchers from Berlin’s College for Technology and Economics have determined a ‘system performance index’ for 16 residential storage systems. The index ranks systems according to economic efficiency. The compilers of the index say many manufacturers lack transparency regarding system performance.

SMA revises down 2018 guidance, again

The outlook for sales and operating result has once again been lowered by the inverter maker. EBITDA is now expected to show a mid-to-high double-digit loss.

Mersen launches solar offensive

The French industrial equipment manufacturer expects to almost double turnover in solar by 2023. The company supplies materials for ingot production as well as providing electrical protection solutions such as fuses, fuse holders, heatsinks, wire management, disconnect switches, laminated busbars and surge protective devices.

Gamesa secures 400 MW inverter order from Egypt

The Spanish inverter maker will provide Norwegian developer Scatec with 66 PV inverter stations for projects it is building at the Benban complex.

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Sungrow bags 201 MW solar project in Vietnam

The Chinese-based manufacturer has closed a deal for the supply of its inverter solutions to the large-scale solar project in southern Vietnam. Sungrow says it has deployed a total of 1 GW of solar projects in Vietnam.

Chinese manufacturer prepares to raise $434m through bonds

The polysilicon, PV wafer and module and inverter maker has arranged a second EGM of 2018 to seek permission for two bond issues, as its peers scramble to raise their manufacturing capacities.

SolarEdge’s latest quarterly results show robust growth

The inverter maker took number one spot in the US from SMA this year, and acquired majority stakes and IP in uninterrupted power supply company Gamatronic and storage system provider Kokam. While other companies have consolidated, SolarEdge managed to report robust results.

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Inverter maker and battery giant charge into US market

German inverter maker SMA has joined forces with China’s BYD after losing US market share to Solaredge, which this year linked up with Kostal to optimize communication interfaces between inverters and storage applications.

The reasons India’s 10 GW solar tender will not attract big developers

Big players such as Acme, ReNew, Adani, Azure, Hero Future and Aditya Birla Solar are likely to stay away from procurement which requires 3 GW annual manufacturing commitment, says industry insider Gopal Lal Somani.

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