EnergySage’s latest Solar Marketplace Intel Report shows solar shoppers are interested in batteries as well. Additionally, buyers have become hardware focused, pushing flexibility and efficiency.
The struggling microinverter maker narrowed losses considerably in Q4, as it unveils new products and expands in new markets.
Market roll out of Panasonic’s HIT modules fitted with Enphase Energy’s new IQ7X Microinverter penciled in for May in North America, Enphase confirms.
SMA will supply the residential solar company with inverters to accompany solar PV and storage, but details are sparse.
The microinverter specialist posted losses of $7 million in the third quarter but did manage to increase its revenue sequentially by 3% to $77 million.
Saying the company failed to provide sufficient evidence to support any of its claims, a court refused to grant a preliminary injunction to stop Enphase from running the advertisement in question.
In a move that caught some by surprise, the third member of the founding team at Enphase said he felt it was time for a new CEO to continue its global growth. The company expects to name a new CEO by Aug. 31.
The company credited shipments of nearly 2 million optimizers and 75,000 inverters, along with increased sales in Europe, for the increase.
The court rejected SolarEdge’s request for a temporary restraining order but did order an expedited schedule to hear whether the company should get a preliminary injunction to stop Enphase from running the videos.
Two industry powerhouses join forces to combine their experience to maximize up-time for Cypress’ ever-expanding portfolio.
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