Solar Inverters

SMA Solar Technology Ag Increases Sales And Earnings In First Half Of 2016

August 11, 2016 Anand Gupta

SMA Solar Technology AG reported a positive business performance in the first half of 2016 in a market environment characterized by strong price pressure. The SMA Group’s sales increased by 15.1% to €494.1 million year on year (H1 2015: €429.3 million). EBIT was €39.3 million (H1 2015: €-14.9 million). The main earnings driver was the […]

Solar Inverters

SolarEdge Announces Fiscal Fourth Quarter and Year End 2016 Financial Results

August 10, 2016 Anand Gupta

111

SolarEdge Technologies, Inc., a global leader in PV inverters, power optimizers, and module-level monitoring services, recently announced its financial results for the fiscal fourth quarter and year ended June 30, 2016. Fourth Quarter and Full Fiscal Year 2016 Highlights Revenues for fiscal Q4 2016 of $124.8 million, and $489.8 million in fiscal year 2016 GAAP gross […]

Interviews

Exclusive Interview With Alex He, General Manager, Huawei Technologies Co.Ltd.

August 10, 2016 Anand Gupta

-1

500

How much Inverters have you supplied to India till now? What is the target/expectation in 2016? In 2015, Huawei signed a 100 MW contract with Waaree Energies. In 2016, Huawei sees India an essential inverter market. Our goal is 1GW and we are already in stage of closing some big contracts with key players in […]

Solar Inverters

Enphase Energy Reports Financial Results for the Second Quarter of 2016

August 9, 2016 Anand Gupta

Enphase Energy, Inc. a global energy technology company, announced recently financial results for the second quarter ended June 30, 2016. Enphase Energy reported total revenue for the second quarter of 2016 of $79.2 million, an increase of 24 percent compared to the first quarter of 2016. During the second quarter of 2016, Enphase sold 186MW (AC) […]

Solar Inverters

Sma Solar Technology Ag Appoints Alexa Hergenröther To Its Supervisory Board

August 8, 2016 Anand Gupta

Kassel District Court appointed Alexa Hergenröther, a member of the K+S KALI GmbH management, to the SMA Solar Technology AG Supervisory Board. Hergenröther will bring her international management experience and her extensive knowledge of finance to the Board. The new shareholder representative was appointed after long-standing Supervisory Board member Dr. Winfried Hoffmann stepped down for […]

Solar Inverters

International Authoritative Institutions IHS and GTM Research Release the 2015 Global PV Inverter Shipment List: Huawei is Ranked No.1 in Shipment

August 3, 2016 Anand Gupta

323

Recently, international authoritative consulting institutions IHS and GTM Research both release their global PV inverter reports which list the world’s PV inverter suppliers in 2015 from the aspects of shipment and revenue. From the dimensions of shipment, Huawei, a company from China, comes out on top in the list. It is reported that Huawei integrates […]

Solar Inverters

Fronius establishes subsidiary in Greece

July 28, 2016 Anand Gupta

In July, the Fronius Solar Energy Division established a subsidiary in Greece. The Austrian inverter manufacturer is already well-familiar with the Greek market and is therefore turning to Repowering as a route to success. On 4th July 2016, the 19th subsidiary of the Fronius Solar Energy Division opened its doors for the first time. A […]

Solar Inverters

HeliosLite/THEnergy white paper: Disruptive 1.5-axis trackers improve on-site solar power generation for hotels and resorts

July 21, 2016 Anand Gupta

An increasing number of hotels and resorts generate at least a part of their electricity on-site with renewable energy power plants. The new HeliosLite/THEnergy white paper “1.5-axis tracker technology for auto-consumption of hotels and resorts” shows that a new tracker concept improves the energy yield and cost of electricity. A development partnership with Club Med’s […]

Solar Inverters

GE Partners with Looop, Bringing 1.5kV Solar Inverter Technology to Japan

July 21, 2016 Anand Gupta

Global trends in solar indicate a bright future for 1.5kV solar technology. With higher photovoltaic (PV) modules per string and increased efficiency compared to 1-kilovolt technology, GE (NYSE: GE) and Looop are at the forefront of making the Japanese solar industry among the most advanced in the world. According to GTM Research, an estimated 92.7 […]

Solar Inverters

GE Appoints New President and CEO for its Power Conversion Business

July 20, 2016 Anand Gupta

GE announces Azeez Mohammed has been appointed President & CEO of GE Energy Connections’ Power Conversion business, effective July 11, 2016. Azeez comes to Power Conversion from his most recent role as President and CEO, of GE’s Power Services business for Middle East and Africa. He was instrumental in leading GE’s digital transformation, helping to position […]