The Israeli-headquartered DC power optimizer specialist announces bold new expansion into the Japanese market at PV Expo, Tokyo, including new office and expanded portfolio.
German engineering and systems integrator Wattkraft agrees framework agreement with the Chinese inverter specialists for the supply of 500 MW of inverters to be shipped within Germany and beyond.
Turkey’s tender for the flagship solar PV project with 1 GW of capacity has been postponed for one month. The government wants the plant to be built using locally manufactured content only.
Around 75 jobs will be lost during the microinverter specialist’s restructuring drive, which reflects increased price pressure across the segment, both globally and in the U.S.
It’s ‘business as usual’ in the solar industry as the novelty of 2017 starts to wear off, and how better to get back into the swing of things with more, uncertain, developments in the possible extension of EU trade duties against Chinese cell and module manufacturers, leaving us with as many questions as answers.
Last year was a goody for German solar inverter manufacturer, by posting recording breaking sales figures alongside a rise in EBIT, however, the increase in price pressure in 2016 saw revenues fall, while this trend is expected to continue in 2017.
German PV inverter supplier SMA Solar Technology shipped over 1 GW of solar inverters to the Indian utility-scale PV market in 2016, which accounted for 26% of the entire market, of which SMA is the second largest inverter supplier.
At this week’s World Future Energy Summit (WFES) in Abu Dhabi Huawei launched its 1500V Smart PV Solution for the Middle East Africa (MEA) market. At yesterday’s launch event pv magazine interviewed Paul Pan, Huawei’s General Manager for the Smart PV Plant Business, Middle East & Africa, at the Huawei booth at WFES. Pan is responsible for over 70 countries in MEA, where Huawei is already present with offices serving its ICT customer base.
Extensive research from Mercom Capital has found that up until the end of 2016 Tata Power was the largest operator of utility-scale solar in India with almost 10% of the market, while Swiss company ABB has the largest market share of the PV inverters in the country, although the Chinese manufacturers are expected to make a surge soon.
The Chinese inverter manufacturer will supply its central inverters to Blue Capital Management’s 200 MW solar PV installation in Japan, as it continues to expand its reach outside of the domestic Chinese market.
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