MLPE

There may be a global solar boom but a drastic revision of California’s net metering program has ruptured the industry overnight and is affecting everyone from installers to financiers to makers of power electronics.

IHS Markit said it expects the United States, Germany, and the Netherlands to be the top three markets for cumulative shipments of module-level power electronics in the 2022-26 period. Cumulative shipments are set to hit almost 100 GW by 2026.

A new report form analysts at IHS Markit notes that the market for module-level power electronics (MLPE) grew by 33% between 2019 and 2021, with around one-third of new residential solar installations now taking advantage of MLPE’s promise of improved safety, energy yield and fault detection. And with smaller, distributed generation systems expected to represent 43% of global PV installations between now and 2025, the opportunity for MLPE will only get larger.

Amid a growing appetite for sustainability from customers, Lithuanian solar panel maker Solitek is applying circular principles to its production operations. Measures include embracing digitalization and new approaches to design. Project manager Tadas Radavičius has spoken to pv magazine about the company’s work and how Solitek is supporting European projects which are considering circular solar.

Texan start-up Yotta Energy has a potential solution for residential solar-plus-storage. Will the micro-storage company become the next SolarEdge or Enphase or suffer the fate of JLM Energy? And whatever happened to SolPad?

Reporting from the first Future PV Roundtable in India, pv magazine learned about the technological innovation that will drive tomorrow’s PV arrays.

The Israel-headquartered producer of power optimizers and inverters enjoyed a record year in 2017, increasing revenue by 24% to US$607 million and shipping more than 2.5 GW of inverters worldwide.

The California-headquartered microinverter specialist announces private equity offering of 9,523,809 shares that have been sold to Chilean entrepreneur Isidoro Quiroga.

SolarEdge’s new three-phase, DC-optimized and high-voltage inverter and monitoring solution to enter the Japanese market in March via distribution partnership with domestic inverter specialist Omron.

Revenue for the Israeli power electronics company rises 22% sequentially in third quarter to reach $166.6 million. More than 676 MW of inverters shipped helped drive gross margin of 34.9%.