Battery and inverter manufacturer Redback Technologies has bounced back from a tumultuous start to the year – including a short stint in voluntary administration – with the launch of a new range of solar and energy storage products.
Israel-based inverter maker SolarEdge has unveiled its new TerraMax Inverter, which boasts 99% efficiency and enables 200% DC oversizing. It features an integrated night-time PID rectifier and is paired with the company’s H1300 Power Optimizers.
German inverter manufacturer SMA Solar Technology AG has launched a restructuring plan aiming to save up to €200 million ($223 million) for financial stabilization and market repositioning.
Brazil’s National Institute of Metrology, Quality and Technology (Inmetro) says it has introduced a requirement for inverters to have arc fault circuit interrupters, effective December 2024, to prevent fires and enhance PV system safety.
Designed for U.S. solar installations, the GEN24 Plus inverter enables users to connect their solar array to home energy storage.
GE Vernova has developed a 2,000 V (DC) utility-scale inverter, to be used in a North American pilot operation starting in early 2025. The inverter offers up to 6.0 MVA of output power.
Hoymiles says it has commissioned a microinverter factory in Monterrey, Mexico, with an initial production capacity of 500,000 units per year.
Aiko Solar, GoodWe, and Ginlong Solis have all posted declines in net profit for the first half of 2024 due to industry overcapacity.
Module maker Risen Solar has posted a net loss of CNY 963 million ($135.2 million) for the first half of 2024, while Sungrow and Archtech have recorded profit increases.
Solis has developed new 125 kW and 60 kW string inverters for the US and Canadian markets, both with a maximum efficiency of at least 98.5%
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