Enphase Energy has announced the release of the seventh generation of its microinverters to Australia and New Zealand. The IQ 7 and IQ 7+ replaces the S-Series. It is 47% lighter, offering easier handling on the roof.
On the back of the massive supply deal, the Spanish manufacturer has announced it has crossed the 1 GW threshold for photovoltaic inverter shipments to Australia.
Through the deal SunPower gets US$25 million and stock; however the bigger deal may be Enphase’s right to be the company’s exclusive residential inverter supplier.
Sungrow is best known for its PV inverter range – which covers the residential, C&I and power plant market segments. The Chinese inverter maker has hopes to see it gain increased traction in Australia by broadening its product portfolio in the country.
Global infrastructure giant ABB is showcasing its PVS-120 sting inverters. The company claims that high power density can deliver Opex and Capex reductions for developers and EPCs.
In the first quarter of 2018 SMA saw its sales increase slightly, while EBITDA improved compared to the same period of the previous year. Net profit, however, was significantly below the level of the first quarter of 2017.
Global solar PV inverter shipment are expected to increase just 2% this year, to just over 100 GWac, GTM Research’s Scott Moskowitz tells pv magazine. He further reveals that Huawei knocked SMA off the top revenue spot in 2017, for the first time.
The German inverter maker sold 8.5 GW of solar PV inverters last year. Revenue, however, dropped by €50 million, while net profit remained flat at €30 million.
The struggling microinverter maker narrowed its losses considerably in Q4, as it unveils new products and expands in new markets.
As a part of its expanding quality and certification program, the Clean Energy Council has taken action to suspend or delist eight solar suppliers in the first two months of 2018. The action has applied to 156 PV module or inverter models, including Shenzhen Sofarsolar inverter 3000TL, which the CEC announced on Wednesday had failed testing.
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