Nineteen thousand people walked the floor at the United States’ largest *energy conference* – not just solar power conference – and it is a bit sad to end, but the education, handshakes, and hardware were great.
Hello everybody and welcome to you Hump Day pvMB. Today we’ll be checking out the solar system donated to Bamberger Ranch, Energport beginning work on a 72 MW, 72 MWh battery system, First Solar’s 20th anniversary and more!
Hardware, get your fresh hardware! SunPower is releasing energy storage, solar module pricing looks flat, and make sure to shake pv magazine hands as we walk the floor at Solar Power International in Salt Lake City next week!
The World Trade Organization has taken the first steps towards enabling China to file compensatory sanctions against the United States over the section 301 tariffs.
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.
During the second quarter Enphase shipped over 1.2 million microinverters totaling 416 MW, which upped revenue 77% year on year, and swung net income from a loss of almost $3.7 million to a profit of $11 million.
In today’s brief we also feature conditions on Dominion’s future IRPs and some tax benefits recognized from Georgia solar.
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.
The microinverter maker reported its second consecutive quarter of profit and is sold out into the second half of the year, as it continues to battle tariffs and component shortages.
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