Tuesday , December 11 2018

SolarEdge keeps setting business performance records in Q1

PV inverter manufacturer SolarEdge Technologies has reported a clean sweep in key financial parameters for the first quarter of 2018, which includes, revenue, shipments, gross margin, profitability and quarterly cash flow generation. SolarEdge reported first quarter revenue of US$209.9 million, up 11% from US$189.3 million in the prior quarter and …

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California to make solar mandatory on new homes from 2020

California has become the first state in the US to mandate for solar on new build homes. The California Energy Commission approved new Building Energy Efficiency Standards on Wednesday, including the requirement for a PV array on new build homes. The proposal has been in the works for two years …

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SMA Solar remains cautious on business in 2018

Major PV inverter manufacturer SMA Solar Technology has reiterated sales and earnings guidance for 2018, despite a rebound in its utility-scale business unit and growing energy storage sales. The company expects global solar installation growth of approximately 7% to 109GW in 2018, with leading market China installing around 50GW, compared …

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