Balance of Systems

The Solar Power Finance and Investment conference provided a view into how the U.S. solar industry is adapting to the Section 201 tariffs, and what the road ahead looks like.

President Trump has exempted the two nations from 25% import duties on steel and 10% duties on aluminum, and has further left the door open to any nations with which the United States has a “security relationship”.

IHS Markit is already predicting a 1-3 cent per watt increase in PV system prices, with the greatest impact again on utility-scale solar.

The president has announced a 25% tariff on imported steel and 10% on aluminum. While the details remain unclear, this will inevitably raise prices for PV installations.

The struggling microinverter maker narrowed losses considerably in Q4, as it unveils new products and expands in new markets.

The mounting system and tracking maker has surpassed 2 GW of solutions installed and claims 5-fold growth in its tracker solution.

The German inverter maker claims a 25% market share in the utility-scale marketplace.

Revenue for the power electronics company rises 22% sequentially in third quarter to reach $167 million, with more than 676 MW of inverters shipped

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 $407 million.

The microinverter specialist posted losses of $7 million in the third quarter but did manage to increase its revenue sequentially by 3% to $77 million.