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.
Good morning! In today’s pvMB we also bring you Enphase’s upgrade program hitting 2,500 users, the mayor of South Miami going off-grid, and more!
The quarterly intel report also showed Enphase winning back market share from SolarEdge, falling costs and bigger rooftop PV systems.
Hello and welcome to today’s pvMB. Today we’ll be looking at Tesla extending its offer to acquire Maxwell Technologies, San Francisco potentially taking over PG&E assets, Orgis’ new service branch and everything else you need to know in solar today.
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