The inverter-optimizer manufacturer has expanded from its residential focus and now gets 40% of its revenue from commercial sales. The company is also supplying a soon-to-be commissioned 53 MW-AC solar power project.
There were hundreds of booths, each one filled with experts who represent a deep understanding. The sciences of crimping, cleaning and connecting were all on show – and that’s before Bitcoin!
Solar inverters are turning into the quarterback to the solar modules as wide receivers. And with the need to deliver energy services, talk with the broader power grid, protect first responders and more – the inverter playbook is expanding.
For most people, solar power means solar panels – but that’s not all that goes into a solar installation. We bring you the beauty of trackers, ground screws, l-feet and all that finely machined metal.
GTM Research says the 10% tariffs that the Trump Administration is calling for are “significant”, and some companies and sectors will be affected more than others.
As the trade war escalates, inverters may be the latest victims.
California’s NEXTracker has acquired key IP from French company Optimum Tracker to “fortify” its current offerings, while opening opportunities for further platform growth.
The company is planning pilot U.S. inverter assembly in Texas, while it scouts for manufacturing locations in the U.S. Midwest.
HVDC’s main challenge is the price, which can cost between $1.17-8.6 million per mile, along with scaling the technology in the United States.
The company’s U.S. subsidiary is part of the purchasing agreement, which appears to come just in time as the factory in Shelby was running out of funds to operate.
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