SolarEdge has reported record revenue in its latest three-month update and expects to have even more business in the second quarter, even if gross margin and profit has declined.
SolarEdge met with pv magazine to discuss the safety features of its products, as well as codes, standards, and workforce training.
Multiple factors affect the productive lifespan of a residential solar inverter. In Part 2 of our series, we look at solar inverters.
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.
Solar microinverters and power optimizer suppliers are embracing off-the-shelf integrated solar AC and smart modules as landscape for the MLPE sector evolves and grows, according to an IHS Markit analysis.
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