Researchers in Hungary have proposed to build photovoltaic trees with a significant distance between the solar panels. The proposed sunflower-shaped design reportedly reduces shading losses between the panels while improving cooling and heat dissipation.
Despite higher earnings in Q3, the company lowered its Q4 22 guidance to $44 million to $49 million, compared to the consensus of $73 million, reflecting recent acquisitions of European assets taken on its balance sheet.
IEA PVPS report: Global solar demand increased by 12% in 2019 compared to 2018 — but that was BC. According to the report, photovoltaics provided just under 3% of global electricity needs in 2019.
The Israeli power electronics maker’s revenues and shipments keep rising as it absorbs more companies, but the pending increase in Section 301 tariffs leaves some clouds in the future.
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