Coming off of a strong, profitable first quarter, Enphase is seeing the Q2 results of Covid-19 in compressed revenue and a swing to a quarterly loss. Gross margin remains strong.
SolarEdge was able to keep its streak of profitable quarters going — in what was expected to be a hard-hit quarter for solar. The company sees “signs of recovery in the U.S.”
Also in the brief: Berkshire Hathaway Energy subsidiary NV Energy goes full-on solar-plus-storage, and single-axis tracker analysis.
President Trump’s unflagging support for fossil fuels has not stopped the DOE from putting millions of dollars into innovative technologies that could open new paths for market growth in the U.S. solar industry.
The PV inverter market achieved record shipments in 2019, writes IHS Markit’s Miguel de Jesus, driven by booming shipments in key markets such as the United States, Spain, Latin America, Ukraine and Vietnam. Revenue rose rapidly, surpassing the $9 billion mark in 2019 for the first time.
Solar assets are underperforming far more frequently than official energy estimates would suggest, according to the industry experts who contributed to KwH Analytics’ 2020 solar risk assessment report.
Executive and boardroom moves in solar, storage, cleantech, utilities and energy VC.
Alencon Systems teamed up with Duke Energy to look at some of the challenges faced by a utility when adding a battery storage system to an existing solar installation. DC-coupled or AC-coupled? Grounding scheme?
Even though the U.S. market is showing some signs of stabilizing, the decline in installation rates in April alone was 33%.
Enphase Energy’s Q1 revenue exceeded expectations as the company set an all-time gross margin record and announced plans for a new manufacturing location. Enphase stock is up 15%
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