Home Tag "INVERTERS"

SolarEdge Hauls in Record Revenues Following Recent Non-Solar Acquisitions

Branching beyond its mainline solar operations, SolarEdge is spending money integrating recent acquisitions running from batteries to electric vehicle drivetrains. SolarEdge’s core solar microelectronics business helped deliver record-breaking revenues in the first quarter of 2019, even as integration costs related to the company’s string of recent acquisitions weighed on its earnings. SolarEdge reported revenues of […]

GE Says Its New Battery Product Can Cut Grid-Scale Storage Installation Times in Half

After a reboot, the energy giant is getting more serious about storage. GE has released a containerized energy storage product with a competitive advantage for installation time. The 1.2-megawatt, 4-megawatt-hour Reservoir system marks a new entry into the standardized, large-scale battery market. It reflects a strategic shift at GE’s storage practice, which recently reorganized after […]