Kaco raises 2016 guidance on strong order increase
The inverter maker has significantly revised up its guidance after a strong start to 2017. The company said it had received several orders from the Middle East, Turkey and India.
SMA suffers price pressure in all markets and segments
Last year, the German inverter maker achieved record shipments, despite a decline in turnover. The company expects further price pressure in 2017.
Enetronica reports revenue and profit drop for 2016
The Italian solar developer saw its turnover and profits decline slightly last year. The company acquired Italian solar inverter manufacturer Elettronica Santerno in late 2016.
Huawei and BayWa r.e. partner up on procurement contract
German solar developer BayWa r.e. has signed a Global Procurement Framework Contract with Chinese technology company Huawei, for the supply of an initial target volume of 400 MW of Huawei’s inverters, as Huawei continues its expansion into various international markets.
