SolarEdge ships nearly 1 GW of inverters during Q2
The inverter and power optimizer maker showed 67% year-over-year revenue growth and shipped 985 MW of inverters but missed earnings projections by 2%.
Tesla’s mad growth in energy storage
In the first two quarters of 2018 Tesla deployed 40% more energy storage than all of 2017, with 300-400% growth expected for 2019. Solar power deployments grew 11% to 84 MW over a low Q1 value.
Trump calls for 25% tariffs on Chinese inverters, other products
U.S. President Donald Trump has asked trade officials to consider increasing import duties from 10% to 25% on a list of products from China including inverters, AC modules and non-lithium batteries.
Enphase within striking distance of profitability in Q2 results
The company has brought its operating margin to below -1%, as it fends off component shortages, short sellers and potential tariffs.
SunPower to shift IBC solar production to new technology
The PV maker plans to shift its 800 MW of current E-Series production to its new NGT technology, as it records a massive loss on depreciation of its old equipment.
Rural electric cooperatives are becoming a gigawatt PV market
A report issued by the National Rural Electric Cooperative Association shows rapid PV growth in less than a decade in co-ops.
This isn’t your parents’ SolarEdge
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.
First Solar sees manufacturing hiccups, but bookings remain strong
The thin film PV maker reports difficulties in ramping its new Series 6 product, as well as pressure from module price collapses.
Heliene retools its Minnesota module factory
The Canadian PV maker is planning to reopen its factory in Northern Minnesota in August, and another factory in Oregon later this year.
Powerhouse breaks $60 million, passes UL fire tests
RGS Energy, manufacturer of the Powerhouse 3.0 solar shingle system, has passed UL tests for Class A Fire. Additionally, since June 28, 2018, Powerhouse has received an additional $24 million in ‘written reservations.’
