SMA raises revenue outlook for 2017
Despite raised forecasts, last year’s revenue and EBIDTA were lower than those registred in 2016. Shipments grew year-on-year, from 8.2 GW to 8.5 GW.
EU launches initiative to support solar, renewable energy
The Clean Energy Industrial Forum will be part of the Clean Energy for All Europeans package, which is setting the energy strategy of the Old Continent for the period 2020-2030.
2017: The PV year in review
Trade cases, insolvencies, record-breaking low auction prices, China’s eye watering installation rates – all this and more characterized the 2017 solar PV industry. pv magazine reflects on the biggest stories, trends and developments of the past year; and summarizes what the industry can expect in 2018.
The weekend read: Six trends that will shape the inverter landscape in 2018
Inverter overview: As 2017 drew to a close following a record-breaking year for solar, pv magazine sat down to discuss the global inverter landscape with Cormac Gilligan, senior solar analyst at IHS Markit. With China dominant, India’s soaring solar market still very much up for grabs and technical innovation a perennial route to market leadership, these are the six trends that we believe will shape the solar inverter landscape this year.
India: Siemens announces large-scale inverter plans
Having reportedly ended its relationship with SMA Solar, Siemens has announced it will be manufacturing and supplying 5 MW inverters to the Indian market.
Elettronica Santerno bags 100 MW order from Chile
The Italian inverter maker will supply its Sunway TG TE 1500V devices for a project under development by an unnamed global utility active in the renewable energy sector.
ABB supplies inverters for 20 MW project in southern Egypt
The plant was installed in an area of Egypt’s Western Desert that is devoted to a governmental project to transform half a million acres of desert into arable land.
SMA rounds out 2017 with 1.2 GW of Australian power plant contracts
SMA is set to supply its central inverters and power plant controllers to more than 20 PV power plant projects in Australia. Today the inverter giant revealed that it has signed contracts to supply its Medium Voltage Power Station (MVPS) and the SMA Power Plant Controller to around 1.2 GW in projects.
UN report shows China is becoming major PV technology stakeholder
The report describes how knowledge assets are shaping the current structure of the PV supply chain, and how China was able to catch up technologically by acquiring the necessary assets to enter at different stages of the value chain.
SMA warns of lower annual sales in light of component shortage
Third quarter financial update sees strong growth in Asia but weak U.S. large-scale project demand drags on overall sales. Order backlog increases 25% to €350m.
