Elettronica Santerno bags 100 MW order from Chile
The Italian inverter maker will supply its Sunway TG TE 1500V devices for a project under development by an unnamed global utility active in the renewable energy sector.
ABB supplies inverters for 20 MW project in southern Egypt
The plant was installed in an area of Egypt’s Western Desert that is devoted to a governmental project to transform half a million acres of desert into arable land.
SMA rounds out 2017 with 1.2 GW of Australian power plant contracts
SMA is set to supply its central inverters and power plant controllers to more than 20 PV power plant projects in Australia. Today the inverter giant revealed that it has signed contracts to supply its Medium Voltage Power Station (MVPS) and the SMA Power Plant Controller to around 1.2 GW in projects.
SMA warns of lower annual sales in light of component shortage
Third quarter financial update sees strong growth in Asia but weak U.S. large-scale project demand drags on overall sales. Order backlog increases 25% to €350m.
Researchers create solar cell and inverter in single device
Researchers from Spain based organization nanoGUNE have developed a solar cell which, through the use of magnetic electrodes, is able to serve as its own inverter.
SMA’s results impacted by price fall
The German inverter manufacturer reports that shipments remained stable in the first half of this year, while revenues were down compared to a year earlier. The company, however, has raised its outlook for 2017.
SMA remains in the black
A difficult market environment has led to a drop in sales and profits. The German inverter maker, however, was able to keep writing black numbers in the latest quarter.
Enphase sees losses increase in first quarter
The U.S. microinverter manufacturer reported a lower than expected revenue in the latest quarter, with shipments decreasing slightly year-on-year. The company, however, was able to strenghten its cash position after implementing a restructuring plan in the previous quarters.
SolarEdge reports strong Q1 with $115 million in revenues
The company shipped 455 MW-AC of inverters from January through March and predicted revenues for Q2 to be within the range of $120 million to $130 million
Fimer provides inverters for 754 MW PV project in Mexico
The Italian inverter maker will supply its devices for Mexico’s largest solar project. The company is also planning to expand capacity at its manufacturing facility in northern Italy.
