Inverter manufacturer Solaredge has filed three additional patent infringement lawsuits against its competitor, Huawei, in China. This comes after three similar legal actions against Huawei that had been undertaken by Solaredge in Germany last summer. While Huawei has decided not to comment on the matter, the Chinese manufacturer revealed that it had filed three patent litigation claims against Solaredge at a Chinese court this May.
For the second half of the year the German inverter producer expects a significant increase in revenues and earnings, mainly due to high order intake. It also confirmed its forecast for the full fiscal year, despite declining sales and earnings in the first six months of 2019.
The research firm says the value of the global inverter market will continue to decline until 2024, even though shipments will likely increase. China’s recent policy changes have increased pressure on prices, which will contribute to greater consolidation in the sector.
At Intersolar Europe, Gamesa Electric’s solar sales director, Enrique de la Cruz explained the key to ensuring high reliability and a low energy price with the company’s new central inverter offering.
The US microinverter maker reported its second consecutive quarter of profit and is sold out into the second half of the year, as it continues to battle tariffs and component shortages.
The Chinese string inverter giant was the world’s biggest supplier for the fourth year in a row, in spite of having lost 4% in global market shares, according to analyst Wood Mackenzie. Asia-Pacific was again the largest inverter market last year, accounting for 64% of global shipments. Sungrow and SMA were, respectively, the second and third largest providers.
Often, it is not inverter faults that frustrate customers – such things happen – it is poor customer service. Here we look at the first of a series of cases that will be discussed at the pv magazine quality roundtable planned for Intersolar Europe, in Munich, which indicates what the industry must avoid in future.
After announcing its entry into residential storage a week ago, the Munich-based multinational has now unveiled a plan to acquire inverter manufacturer Kaco. Siemens has not provided details about the value of the transaction.
The German inverter maker struggled after China’s announcement at the end of May drove down prices and markets around the world and left a clear mark on its figures. Both the commercial PV segment and the storage business fell short of expectations due to delivery bottlenecks.
The outlook for sales and operating result has once again been lowered by the inverter maker. EBITDA is now expected to show a mid-to-high double-digit loss.
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