EBITDA for the third quarter of 2018 increased 146%, revenue is also performing well, with the company expecting 40% increase throughout the second half of 2018, and the company reports that its gross profit has increased by 64% compared to 2017. Citing significant order increase for solar thin film products the materials suppliers touts strong three quarters of 2018.
The high efficiency PV maker is still chasing elusive profitability, but had some major successes this quarter and is optimistic about new technologies and opportunities.
pv magazine brings you a special edition devoted to the fast-growing energy storage space, including a look at its thornier challenges
A report from the United States’ Rocky Mountain Institute finds more work is needed on the demand side for microgrids and other rural electrification projects in Africa. Such projects, says the report, often focus on building generation capacity, with little consideration for the ability of end users to make good use of energy.
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 latest report from North Carolina Clean Energy Technology Center finds a surge in proposed fees for distributed generation solar customers, as increasingly complicated structures are proposed to replace net metering.
With a proof of concept, Engie and Connected Power have integrated their second-life EV storage system into the distribution system of TenneT in Rotterdam, the Netherlands.
The PV maker’s quarterly results show not only the ramping of its Series 6 production at a third location, but also bookings that continuing to climb, with 11.3 GW of modules now under contract.
Following the launch of Greensmith Energy’s new Gridsolv standardized storage solution, which integrates software helpers and standardized architecture for easy installation, pv magazine caught up with CEO John Jung to discuss the state of the storage market and the role of digital services.
Tesla energy storage deployments grew 18% and storage deployments grew 11%, as the EV + battery + solar company achieves its a long-awaited quarterly profit on the success of its Model 3.
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