Huawei European distributor books 500 MW of inverters
German engineering and systems integrator Wattkraft agrees framework agreement with the Chinese inverter specialists for the supply of 500 MW of inverters to be shipped within Germany and beyond.
SolarEdge Q2 2017 financials show record 35% gross margin
Israeli module level power electronics firm posts highest gross margin to date despite slowdown in U.S. residential market, which remains the firm’s chief revenue stream.
ABB to transfer solar inverter business to new division
The Swiss power electronics company’s 2016 financial report reveals reclassification of its solar inverters as Electrification product – a move intended to aid profitability.
SMA’s yearly financials show record sales output, but a drop in revenues
Last year was a goody for German solar inverter manufacturer, by posting recording breaking sales figures alongside a rise in EBIT, however, the increase in price pressure in 2016 saw revenues fall, while this trend is expected to continue in 2017.
Delta supplies 50.4 MW of inverters to Danish solar park
German subsidiary of the Taiwanese power group installs more than 1,000 of its M50A string inverters across cluster of 126 solar PV power plants in Vandel, Denmark.
Huawei edges out SMA as leading global inverter by shipments, finds GTM Research study
The Chinese giant shipped the most inverters in 2015 in terms of MWac, pushing SMA into third place behind Sungrow; positions switched in terms of revenue, with SMA holding on to top spot despite pressure from Huawei and Sungrow.
