The German energy storage provider has begun shipping batteries made in the former Holden factory in the north of Adelaide to New Zealand. Sonnen batteries will be available exclusively through the manufacturer’s local partner, Taspac Energy.
Sales revenue declined at the start of the year despite steady inverter shipments. The reverse was mainly due to sluggish project business and SMA is predicting significant increases in sales and earnings in the second half.
The Israeli power electronics maker’s revenues and shipments keep rising as it absorbs more companies, but the pending increase in Section 301 tariffs leaves some clouds in the future.
Latest tirade may simply be a crude bid to up the ante with a high-profile Chinese deputation due to visit the U.S. in the latest round of trade talks this week but its timing is worrying for the Chinese solar companies struggling under huge debts.
The US microinverter maker reported its second consecutive quarter of profit and is sold out into the second half of the year, as it continues to battle tariffs and component shortages.
The Chinese string inverter giant was the world’s biggest supplier for the fourth year in a row, in spite of having lost 4% in global market shares, according to analyst Wood Mackenzie. Asia-Pacific was again the largest inverter market last year, accounting for 64% of global shipments. Sungrow and SMA were, respectively, the second and third largest providers.
TrendForce says the country deployed more than 1 GW of new PV for the first time last year, and predicts this year may see as much as 1.5 GW of new solar capacity. The nation’s cumulative capacity reached 2,618 MW at the end of last year, according to the International Renewable Energy Agency.
Often, it is not inverter faults that frustrate customers – such things happen – it is poor customer service. Here we look at the first of a series of cases that will be discussed at the pv magazine quality roundtable planned for Intersolar Europe, in Munich, which indicates what the industry must avoid in future.
All the fundamentals are in place for Turkey to be a leading light in solar but an all-too-familiar lack of policy certainty, coupled with a troubled macroeconomic backdrop, mean the nation is still unable to realize its PV potential.
After listing shares on the Shenzhen Stock Exchange last week, Chinese inverter maker Ginlong now plans to increase its production capacity in the 2019-20 period. The company also plans to develop marketing networks and R&D centers in multiple overseas markets.
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