SolarEdge was able to keep its streak of profitable quarters going — in what was expected to be a hard-hit quarter for solar. The company sees “signs of recovery in the U.S.”
Also in the brief: As much as $600 billion could be invested in new solar generation between 2021 and 2025 worldwide, Duke Energy is set to construct the company’s first-ever solar facility on a retired landfill site and more.
Across the industry, organizers are scrambling to find new ways for virtual trade shows to replicate the live networking and business building these events provide — and keep attendees engaged. We speak with the organizers of the trade show once known as SPI, as well as the folks at lntersolar and the event people at SolarEdge.
A German-Israeli research group has gathered to discuss which storage technologies may outperform lithium-ion batteries in the future. They concluded that there is no such a thing as a “post Li‐ion” era in sight. They recommended a “side‐by‐side” approach for multiple technologies in different applications, as well as the hybridization of technologies.
Even though the U.S. market is showing some signs of stabilizing, the decline in installation rates in April alone was 33%.
The inverter manufacturer met expectations of growth, slowed down 4th quarter projections, talked of ramping Vietnamese and Hungarian facilities, and generally sounded healthy.
A tribute to Guy Sella has hailed him as “a brilliant man” and a “revolutionary trailblazer”.
During the second quarter SolarEdge increased manufacturing capacity by 25% and shipped over 3.7 million optimizers, which totaled over 1.3 GWac. This upped revenue 43% year on year, and company officials say they are highly confident in their even larger projected ~70% Q3 revenue growth.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.