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.
Enphase noted $92 million in revenue in Q4’18, and over $106 million in cash on hand as the company reported quarterly and annual positive operating incomes – its first in years. Enphase is completely booked for all of Q1 and seemingly into the late spring months.
Enphase says its inverter lead times are ~13-15 weeks, even with dedicated manufacturing lines for components. Two new long term contracts expect to turn on in Q3 and Q4 ’19, lowering lead times to ~6-8 weeks.
Welcome to today’s pv magazine USA morning brief and thanks for spending your morning with us. Today we’re looking at English researchers’ development of a solar flag, two community solar projects in Illinois under fire, University of Northern Iowa’s new group-buy program and everything else on our solar slate. Let’s ride!
In today’s pv magazine USA morning brief we take a look at Con Edison choosing Sunverge’s platform for its Smart Home Rate project, California ISO’s reliability coordination services gaining 32 new utility members and other quick hitters.
FEMA’s recommendations for solar system hurricane preparedness focused on structural engineering, installation competence, plus simply tightening the bolts regularly, along with microinverters to mitigate individual panel damage.
Enphase’s 3rd quarter results saw revenues at $78 million with an estimated $10 million sales shortfall due to a component shortage, as the company shipped 204 MW of inverters. Future speculation saw an international play on the IQ8, the SunPower partnership, and energy storage driving growth.
pv magazine walked the floor at SPI 2018 seeing many well known faces, and known products, plus new names bringing new ideas.
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