The company has experienced continued growth and after the acquisition of a UPS supplier – as well the potential for Chinese power electronics manufacturers to suffer under proposed new inverter tariffs – SolarEdge feels confident of continued growth.
The Chinese solar PV inverter manufacturer officially opened its first non-domestic fab today: a 3 GW central and string inverter factory in Bengaluru, Karnataka. It is targeting a 50% market share in India in 2019, and mulling setting up an R&D center in the country. pv magazine attended the inauguration.
In what marks another major PV project announcement for Vietnam, the Germany-based company will supply equipment for a 258 MW PV system, and commission it upon its completion, scheduled for mid-2019.
As the trade war escalates, PV inverters, solar panels with attached microinverters and battery storage products other than those which utilize lithium-ion chemistry, may be the latest victims.
The company is planning pilot U.S. inverter assembly in Texas, while it scouts for manufacturing locations in the U.S. Midwest.
The upstream technology company plans to sell silicon carbide for applications including advanced inverters for solar and battery storage, as part of a new emphasis on materials supply.
With Intersolar Europe underway in Munich, pv magazine caught up with Alex Pan, Europe General Manager at SolaxPower to discuss the storage inverter supplier’s latest innovations and market position.
Through the deal SunPower gets $25 million and stock; however the bigger deal may be Enphase’s right to be the company’s exclusive residential inverter supplier.
Researchers at the University of Texas have been awarded $3 million by the Texan Department of Energy in a bid to accelerate research in battery storage technology to overcome the “Achilles heel” of solar power
The booming large scale and rooftop PV market in 2018 is providing reasons to be optimistic about the future of solar under the Australian sun. Reflecting on his six-year tenure as CEO at ARENA ahead of his departure in August, Ivor Frischknecht points to the role the agency played in bringing down the costs of large scale solar as ARENA’s greatest achievement.
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