In a slow global solar market, SolarEdge grew total shipments 44% year-over-year, expanded its presence in the C&I market, and grew global sales. Margins did slip, and growth rates were slower.
The high efficiency PV maker is still chasing elusive profitability, but had some major successes this quarter and is optimistic about new technologies and opportunities.
The German inverter maker has joined forces with the Chinese battery maker after losing U.S. market share to SolarEdge. This follows BYD linking up with Kostal to optimize communication interfaces between inverters and storage applications.
The PV maker’s quarterly results show not only the ramping of its Series 6 production at a third location, but also bookings that continuing to climb, with 11.3 GW of modules now under contract.
The Department of Energy announced funding for 53 new through “advance early-stage” solar technologies. The projects in solar PV, CSP, finance and workforce training will receive up to $53 million in funding.
Revenue for the polysilicon maker’s solar materials segment fell almost 70% on the previous quarter, and the company reports its Moses Lake, Washington facility is running at only 25% capacity.
In August, REC started manufacturing its newest flagship solar module: the REC330NP in the N-Peak Series, offering 19.8% efficiency at 330 watts. Its 60-cell format is practically two modules in one, building on the company’s two decades of accumulated manufacturing competency.
The analytics firm expects the price of mono-PERC modules to fall to $0.37 per watt by the end of the year, despite the 30% Section 201 tariffs.
Tesla is planning accelerated development and construction of this new battery and EV plant, which will mark the company’s first soirée into international production.
In this op-ed StoreDot Founder and CEO Dr. Doron Myersdorf discusses the current battery manufacturing landscape, the next steps the industry could take, and the potential behind new technologies.
Welcome to pv magazine USA. This site uses cookies. Read our policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.