SolarEdge charges into storage market with Kokam acquisition
The power electronics maker will buy 75% of Kokam’s shares for $88 million, with an intent to acquire the remainder thereafter. Strategic company acquisitions and close partnerships are characterizing this year’s inverter market, as companies seek to diversify and integrate storage systems and other technologies.
SMA is Now Shipping TS4-R-F Rapid Shutdown Solution
As the module level rapid shutdown requirements for rooftop solar come into play for 2019, multiple inverter manufacturers are moving forward with solutions.
Sungrow supplies inverters for Wyoming’s first large solar plant
The Chinese inverter maker says its products can handle the extreme temperature fluctuations at the site in the Southwestern Wyoming.
SolarEdge and Panasonic sitting in a tree…
The HIT S-Series smart module is being launched via a collaboration between Panasonic and SolarEdge. The pair is aiming to boost the installation speed and total electricity output of solar modules. The initial unit noted is a 330W solar module.
Enphase going Einstein with IQ8 solar power inverters
The IQ8 will allow off grid solar power without the need for energy storage by instantly recognizing local load demands and meeting them with available solar-generated electricity.
Enphase finalizes purchase of SunPower mincroinverter business
The deal gives SunPower $25 million in cash and 7.5 million shares in Enphase. Enphase also gains access to SunPower microinverter IP, and rights to SunPower’s Equinox AC modules line.
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%.
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.
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.
Smart residential solar inverters prepping to run the grid
PG&E has filed an interim report on customer-sited behind-the-meter smart inverters. The utility sees strong potential benefit for the grid with this technology, but says more standardization and reliable communication protocols must be established before a broad roll-out can occur.
