In this interview with pv magazine, Sungrow USA CEO Steven Chan gives his perspective on the U.S. market in the wake of anticipated global module oversupply, as well as talking about the market dynamics around string versus central inverters.
Through the deal SunPower gets $25 million and stock; however the bigger deal may be Enphase’s right to be the company’s exclusive residential inverter supplier.
The three companies are coming together to monitor Huawei’s competitor to SolarEdge and Enphase: the FusionHome Smart Energy Solution.
The U.S. Department of Energy has announced up to $20 million in funding for nine projects to advance early-stage solar power electronics technologies.
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.
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