The inverter giant’s expansion plans are a response to what it says are favorable market conditions. In addition, the company is introducing new products to the U.S. market, including solutions for battery storage.
Sun Action announced that it has begun offering re-engineered models of its PST-2AL Dual Axis Solar Tracker that will sport reduced array fields of 20 to 25 modules, compared with 42 modules in the original design.
Grupo Clavijo and MFV Solar have reached a merger agreement to form NCLAVE, with the financial support of Q-Growth Fund, to become “the world leader in the design, manufacture and installation of structures and trackers for the solar photovoltaic market,” the companies say.
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.
The factory is producing lithium-ion batteries both for Tesla’s energy storage products and electric vehicles
Hatboro, PA-based Alencon has begun distribution of its String Power Optimizer, or SPOT, which it calls “the PV industry’s most powerful and versatile DC-DC optimizer for large commercial and utility scale applications.”
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