Solar Inverters

Sungrow Puts Flagship PV Inverter Solutions on Show at Intersolar South America 2019

August 29, 2019 Anand Gupta

AN PAULO : Sungrow, the global leading inverter solution supplier for renewables, showcased its latest PV inverter solutions tailored for utility-scale and distributed generation installations at Intersolar South America 2019, demonstrating its mission of clean power for all through consistent efforts in providing world class products and post-sales service for the Latin American renewable energy […]

Solar Inverters

SolarEdge Expanding Activity and Presence in the Brazilian PV Market

August 23, 2019 Anand Gupta

New commercial and residential PV solutions to be presented at Intersolar South America SÃO PAULO: SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a global leader in smart energy, announced today that it is further expanding its activity and presence in the Brazilian PV market. Supporting the local market in its development, SolarEdge is offering its industry-leading […]

Solar Inverters

SolarEdge Announces Leave of Absence of CEO and Founder, Guy Sella; Board of Directors Has Appointed Zvi Lando as Acting CEO

August 22, 2019 Anand Gupta

HERZLIYA, Israel: SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), announced today that in the past few days, Co-Chairman, CEO and founder, Mr. Guy Sella’s previously disclosed health condition has declined significantly. In that connection, he has taken a leave of absence, effective immediately, to address his health issues. The Board of Directors has announced that Mr. […]

Solar Inverters

SolarEdge Appoints Chief Operating Officer

August 21, 2019 Anand Gupta

Herzliya, Israel: SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a global leader in smart energy technology, announced today the appointment of Mr. Uri Bechor as Chief Operating Officer. Mr. Bechor brings to SolarEdge over twenty years of experience serving in both senior vice president and GM level roles at Flextronics International Ltd. In his last position, […]

Solar Inverters

BloombergNEF Awards Sungrow a 100% Bankability Rating

August 19, 2019 Anand Gupta

HEFEI, China : Sungrow, the global leading inverter solution supplier for renewables, announced that it was rated “100% bankable” by BloombergNEF among inverter firms in its latest survey, demonstrating that projects using Sungrow inverters are more likely to obtain non-recourse debt financing from banks compared to other competitors. The BloombergNEF bankability survey asked banks, developers […]

Solar Inverters

Sungrow Supplies Argentina’s Largest Solar Plant with 1500Vdc Central Inverter Solutions

August 17, 2019 Anand Gupta

CAFAYATE, Argentina: Sungrow, the global leading inverter solution supplier for renewables, announced that a 100.1 MWp solar plant utilizing the Company’s 1500Vdc central inverter solutions came online in Cafayate, Salta Province, Argentina, demonstrating the Company’s dedicated contribution to the largest solar plant in one of LATAM’s most booming solar energy regions. The project is located […]

Solar Inverters

SolarEdge Announces Second Quarter 2019 Financial Results

August 14, 2019 Anand Gupta

FREMONT, Calif. : SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy, today announced its financial results for the second quarter ended June 30, 2019. Second Quarter 2019 Highlights Record revenues of $325.0 million Record revenues from solar products of $306.7 million GAAP gross margin of 34.1% GAAP gross margin from sale of solar products […]

Vorstand der SMA Solar Technology AG prognostiziert nach im ersten Halbjahr erwartungsgemäß verhaltener Entwicklung für die kommenden Monate deutliches Umsatz- und Ergebniswachstum

Solar Inverters

The Management Board of SMA Solar Technology AG forecasts significant revenue and earnings growth for the months to come in the first half of the year, as anticipated to be subdued

August 14, 2019 Anand Gupta

Sold inverter power with 4.0 GW below previous year’s level (H1 2018: 4.3 GW) Sales of 362.7 million euros (H1 2018: 394.6 million euros) and operating earnings before depreciation, interest and taxes (EBITDA) of 8.5 million euros (H1 2018: 40.9 million euros) Balance sheet stability thanks to solid equity ratio of 41.9 percent (December 31, […]

Solar Inverters

SolarEdge Announces Second Quarter 2019 Financial Results

August 7, 2019 Anand Gupta

FREMONT : SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy, today announced its financial results for the second quarter ended June 30, 2019. Second Quarter 2019 Highlights Record revenues of $325.0 million Record revenues from solar products of $306.7 million GAAP gross margin of 34.1% GAAP gross margin from sale of solar […]

Solar Inverters

Growatt Looks to Expand Business in Telangana and Andhra Pradesh

July 30, 2019 Anand Gupta

SHENZHEN, China: Growatt held a product launch ceremony in Telangana of India on July 5 with support from 3S Solutions. A large crowd of installers, EPCs and system integrators from across the region joined the event. Mr. Neelam Janaiah, managing director from TSREDCO (Telangana State Renewable Energy Development Corporation Ltd.) attended the event and gave a keynote speech, […]