Enphase says its inverter lead times are ~13-15 weeks, even with dedicated manufacturing lines for components. Two new long term contracts expect to turn on in Q3 and Q4 ’19, lowering lead times to ~6-8 weeks.
SolarEdge has recently purchased an Italian EV system manufacturer, a South Korean battery maker, an Israeli UPS producer, internally developed a virtual power plant grid service, and now they’re working with Google to integrate energy management tools into Google Assistant.
NREL has released an report which, for the first time, highlights utility scale energy storage costs with various methods of tying it to solar power: co-located or not, and DC- vs AC-coupled.
Enphase’s 3rd quarter results saw revenues at $78 million with an estimated $10 million sales shortfall due to a component shortage, as the company shipped 204 MW of inverters. Future speculation saw an international play on the IQ8, the SunPower partnership, and energy storage driving growth.
The Vermont Lower Income Trust for Electricity have provided a US$150,000 grant for 100 low-income electricity customers with significant need for reliable backup power due to health and mobility issues.
The deal gives SunPower $25 million in cash and 7.5 million shares in Enphase. Enphase also gains access to SunPower microinverter IP, and rights to SunPower’s Equinox AC modules line.
Arizona State University researchers have determined that a 32% efficient perovskite-silicon tandem cell could produce electricity at the same price as cutting-edge 22% efficient panels in the most cost-competitive of situations
The inverter and power optimizer maker showed 67% year-over-year revenue growth and shipped 985 MW of inverters but missed earnings projections by 2%.
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