Sinovoltaics updates financial stability ranking for PV inverter manufacturers
Sinovoltaics’ latest financial stability ranking of inverter manufacturers lists Hoymiles Power Electronics, APSystems (Yuneng Technology), and Eaton in the top three positions.
McLaren Applied acquires Italian inverter maker Fimer
McLaren Applied Group has purchased Italian inverter manufacturer Fimer for an undisclosed sum through its subsidiary, MA Solar Italy Ltd. The deal, which includes Fimer’s business assets, will help McLaren Applied expand its core operations.
Sunlit unveils bidirectional inverter for PV carports, balcony solar
Sunlit has launched the EV3600 bidirectional inverter for PV carports and balcony solar applications, allowing users with dynamic electricity tariffs to charge storage units when prices are low. The German company says the inverter supports extensions for vehicle-to-home and vehicle-to-grid functionality.
SolarEdge launches mobile app for residential, C&I solar installers
The company’s new mobile app is designed to combine all operations for solar installers, from installations and commissioning to management and servicing, in one streamlined platform.
Sunways unveils three-phase inverters for rooftop PV
Sunways’ new three-phase inverters have efficiency ratings of up to 98.6% and European efficiency ratings of 98.2%. They are available in five versions, with power outputs ranging from 15 kW to 30 kW.
PowerChina launches 52 GW solar module, inverter tender
PowerChina has launched a 52 GW procurement plan for 2025, which includes solar modules, inverters, and 16 GWh of energy storage systems.
SMA reports weak financials, lowers 2024 outlook
German inverter maker SMA says it has recorded €1.06 billion ($1.12 billion) of revenue for the first nine months of 2024.
SolarEdge posts $1.21 billion net loss in Q3
SolarEdge reported $260.9 million in revenue for the third quarter of 2024, down from $725.3 million in the same quarter last year. The Israeli manufacturer also posted an operating loss of more than $1 billion, with 850 MW of inverters and 189 MWh of batteries shipped for PV applications.
Fixing faulty inverters in PV plants via root cause analysis
Kiwa PI Berlin has fixed faults in inverters at a PV plant in South Africa by using root cause analysis. The project had experienced up to 130 failures related to insulated gate bipolar transistors (IGBTs).
Servotech launches solar inverters, microinverters, battery storage systems
Servotech Power Systems has developed a new range of solar solutions, including on-grid microinverters and inverters, hybrid inverters, battery energy storage systems, and solar pump controllers. The microinverters feature maximum power point tracking, built-in WiFi, and reverse power transmission.
