Enphase’s 3rd quarter results saw revenues at $78 million with an estimated $10 million sales shortfall due to a component shortage, as the company shipped 204 MW of inverters. Future speculation saw an international play on the IQ8, the SunPower partnership, and energy storage driving growth.
Esdec has acquired EcoFasten Solar, which it says gives it access to a large ecosystem of installers and distributors. The European racking manufacturer launched its US offensive earlier this year.
The Kroll Bond Rating Agency delivered an Investment Grade preliminary rating on a SunPower residential lease portfolio of 317 MW. The P50 and P90 ratings after 20 years were projected near 90%, and 73-80%, respectively.
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.
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.
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