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KACO new energy doubles Turnover

The KACO new energy Group expects 200 million Euro turnover in 2015. One thing is already clear: the inverter manufacturer has managed to almost double its 2014 turnover.In what is a difficult environment for European manufacturers, the KACO new energy Group – made up of its Headquarters in Neckarsulm, together with its subsidiaries in South […]

SMA Solar Technology Ag Generates Positive Operating Earnings From January To September 2015

From January to September 2015, SMA Solar Technology AG (SMA/FWB: S92) recorded good results, which included an increase in sales of 27.3% to €699.2 million (Q1-Q3 2014: €549.3 million). Sales were mainly driven by the large-scale PV power plant segment (Utility). At the same time, the residential PV system and commercial PV system segments as […]

Advanced Energy to Initiate Accelerated Share Repurchase Program

Advanced Energy Industries, Inc. announced recently it has entered into an  Accelerated Share Repurchase (“ASR”) program in keeping with the company’s overall capital deployment strategy, as described in its press release dated September 16, 2015.The company has entered into an accelerated stock repurchase arrangement with Morgan Stanley & Co. LLC pursuant to a Fixed Dollar […]

Schneider Electric’s Conext XW+ 6848NA Meets HECO’s TrOV-2 and Frequency and Voltage Ride-Through Requirements.

Schneider Electric Solar Business, a global leader in solutions for the solar industry, is pleased to announce that the Conext XW+ 6848NA meets Hawaiian Electric Companies’ (HECO) rigorous “ultra-fast trip” Transient Over-Voltage (TrOV-2) and Frequency and Voltage Ride-Through (FVRT) requirements and is approved for both grid-tied net metered PV systems and grid connected zero export […]

Sungrow brings together industry leaders in Bangkok, Thailand

Sungrow,one of the worlds leading PV-inverter manufacturers, have just concluded a forum held in Bankok, called “Embracing the Thailand PV Industry; Enjoying the Future’ The event was held at the Hotel Peninsula, on Oct.26,2015 in. The event is bought together government agencies, project developers, investors, financing institutions, EPC’s and global leading suppliers and other industry […]

ABB: Steering through challenging markets

Order pattern reflects adverse market conditions Base orders -3%1,2 total orders comparison impacted by record Q3 2014 large orders (-12%) Book-to-bill ratio2 positive at 1.03x and year-to-date 1.07x Revenues -2% on lower short-cycle volumes Operational EBITA margin up 50 basis points to 12.5% Operational earnings per share2 +2% (constant currency) Financials impacted by currency translation […]