Enphase is making money again
Enphase noted $92 million in revenue in Q4’18, and over $106 million in cash on hand as the company reported quarterly and annual positive operating incomes – its first in years. Enphase is completely booked for all of Q1 and seemingly into the late spring months.
Schneider Electric pulls out of the utility-scale PV business
The French inverter maker is pulling out of the utility-scale segment to strengthen its profile in the residential and C&I space.
Trump trade announcement offers hope of breakthrough
The president last night announced he is hoping to arrange a meeting with Chinese counterpart Xi Jinping to bring an end to the long-running trade stand-off between the two nations, provided further progress can be made in negotiations.
Sungrow surpasses 1 GW of U.S. inverter contracts for 2019
The Chinese inverter maker expects to more than double its U.S. shipments this year – trade war be damned.
Even with new capacity investments, Enphase still sold out
Enphase says its inverter lead times are ~13-15 weeks, even with dedicated manufacturing lines for components. Two new long term contracts expect to turn on in Q3 and Q4 ’19, lowering lead times to ~6-8 weeks.
On the floor in picture form at Solar Power Northeast
While the Super Bowl victory parade rolled by, solar energy professionals shook hands, shared stories, made deals and visited more than 80 industry exhibitions on the floor in Boston, Massachusetts.
OK Google, what is SolarEdge’s energy vision?
SolarEdge has recently purchased an Italian EV system manufacturer, a South Korean battery maker, an Israeli UPS producer, internally developed a virtual power plant grid service, and now they’re working with Google to integrate energy management tools into Google Assistant.
Flexible solar power saves money
An analysis of a First Solar power plant in Tampa, Florida suggests that by operating solar plants with more flexibility operators can save money for ratepayers – while also allowing for significantly higher penetration levels of renewables.
In case of hurricane, apply Enphase, tighten bolts and mind your wind codes!
FEMA’s recommendations for solar system hurricane preparedness focused on structural engineering, installation competence, plus simply tightening the bolts regularly, along with microinverters to mitigate individual panel damage.
Enphase launches microinverter upgrade program
The program allows eligible owners of older Enphase microinverter lines a series of options to upgrade to the company’s newest seventh-generation microinverters.
