SolarEdge reports record revenues in second-quarter results
The company has experienced continued growth and after the acquisition of a UPS supplier – as well the potential for Chinese power electronics manufacturers to suffer under proposed new inverter tariffs – SolarEdge feels confident of continued growth.
BREAKING: Trump calls for 25% tariffs on Chinese inverters, other products
U.S. President Donald Trump has asked trade officials to consider increasing import duties from 10% to 25% on a list of products from China, including inverters, AC modules and non-lithium batteries.
Enphase within striking distance of profitability in Q2 results
The company has brought its operating margin to below -1%, as it fends off component shortages, short sellers and potential tariffs.
SunPower to shift IBC solar production to new technology
The PV maker plans to shift its 800 MW of E-Series production to its new NGT technology, as it records a massive loss on depreciation of its old equipment. The move was revealed in second-quarter figures featuring plenty of red ink.
Sungrow opens $5.5 million 3 GW PV inverter factory in India
The Chinese solar PV inverter manufacturer officially opened its first non-domestic fab today: a 3 GW central and string inverter factory in Bengaluru, Karnataka. It is targeting a 50% market share in India in 2019, and mulling setting up an R&D center in the country. pv magazine attended the inauguration.
US: Mixed impact of proposed Section 301 tariffs on inverter makers
GTM Research says the 10% tariffs that the Trump Administration is calling for are “significant”, and some companies and sectors will be affected more than others.
Italy’s Fimer enters string inverter business, plans stock exchange listing
In an interview with pv magazine, managing director of the Italian central inverter specialist, Filippo Carzaniga discusses the company’s new strategy, explains the reasons for the listing. After delivering 1.5 GW of inverters in 2017, Fimer hopes to increase its shipment volume by around 10% this year, to between 1.6 GW and 1.7 GW.
China’s Chint investigates US solar manufacturing
The company is planning pilot U.S. inverter assembly in Texas, while it scouts for manufacturing locations in the U.S. Midwest.
Scaling string inverters in India – Interview
Jayant Parimal is the CEO of Renewable Energy at Adani Enterprises, which has developed more than 1 GW of PV projects in India in partnership with Huawei. Recently, pv magazine caught up with Mr. Parimal in India to discuss the massive opportunities in the country, and Adani’s switch from central to string inverters.
GT Advanced Technologies opens silicon carbide factory in New Hampshire
The upstream technology company plans to sell silicon carbide for applications including advanced inverters for solar and battery storage, as part of a new emphasis on materials supply.
