Inverters

The German inverter producer’s sales also fell significantly in the past financial year. With its cost reduction program, SMA is now eager to orchestrate a turnaround, but its first-quarter guidance still shows a sustained downward trend.

After announcing its entry into residential storage a week ago, the Munich-based multinational has now unveiled a plan to acquire inverter manufacturer Kaco. Siemens has not provided details about the value of the transaction.

The California-based microinverter maker posted $92 million in revenue in the final quarter of last year, and more than $106 million in cash as the company reported its first positive quarterly and annual operating income figures in years. Enphase is booked out for all of this quarter and seemingly into the late spring months too.

The French power electronics specialist is pulling out of the utility-scale segment to strengthen its profile in the residential and C&I space.

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.

Supplier of solar inverters SMA has announced two new service offerings – plant engineering, and operations and maintenance – designed to de-risk new project investment, streamline grid connection, and drive greater ongoing performance from utility-scale solar farms.

Last night, 25 rooftop-solar dealers from around Australia gathered on the edge of Sydney Harbour to celebrate their initiation into the SMA PowerUP Program. A new supported-network approach to serving the booming residential and commercial rooftop markets, PowerUP has been devised by the Australian arm of longstanding German inverter manufacturer SMA. It recognises the importance of developing deep expertise, and of knowledge and kudos sharing in a competitive environment.

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.

High solar irradiance and few cloudy days are ideal for solar. Fine dust and extreme heat is not – particularly when it comes to power electronics. As the distributed generation market segment emerges in the MENA region, it’s a challenge that inverter suppliers are grappling with.

pv magazine is pleased to announce the winners of our inaugural Annual Award. Winners will be recognized in a ceremony alongside the Middle East Solar Industry Associations’ Solar Awards, during the World Future Energy Summit.