Full-year revenues nudged up despite tough comparisons with the end of 2019 for the final quarter of last year. The inverter maker expects to log revenues of $385-405 million in the current three-month window.
SolarEdge e-Mobility will supply Fiat with full electrical powertrain units and batteries for the automaker’s E-Ducato light commercial vehicle.
Enphase expanded its inverter market share in 2020, according to permit and interconnection data across several parts of the United States.
In many respects, the past year has been unlike any other. But the innovation and ambition driving the expansion of the solar and energy storage industries is one constant that has remained, Across seven categories, pv magazine’s award winners for 2020 demonstrate high levels of technical expertise, creativity, mass production capabilities, and real market impact from PV and power electronics companies big and small. Following on from the virtual award ceremony held this morning, the winners are….
Despite a significant drop in turnover, the Israeli inverter maker was able to increase its net result in the third quarter of this year, in which it shipped around 1,415 MW of its products. In the first nine months of the year, the company’s revenue increased year-on-year from $1 billion to $1.1 billion.
As some parts of Australia’s distribution networks threaten to black out under the flow of rooftop solar exports, ARENA announces funding for a trial that will enable flexible exports in line with what the networks can bear. Smart software is the answer.
Huawei said the Guangzhou Intellectual Property Court in China has ruled in its favor in a patent dispute with its Israeli rival.
But Israeli inverter company Solaredge and Indian engineering, procurement and construction services provider Sterling and Wilson have both offered hope of a recovery in Europe as Chinese glass producer Xinyi said it kept the furnaces going throughout the worst of the pandemic.
The inverter and energy storage company was able to maintain its streak of profitable quarters in what was expected to be a hard period for solar and the Israeli business said it sees “signs of recovery in the U.S.”