SolarEdge ships nearly 1 GW of inverters during Q2
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%.
Prices begin to stabilize, though falling revenues and job losses expected among Chinese manufacturers
According to reports from Energy Trend, a 30% decline in PV demand from China this year will likely spell trouble for some of the country’s major module manufacturers, with job losses and factory closures expected, despite China’s determination to open new international markets for its PV industry.
Enphase within striking distance of profitability in Q2 results
The U.S.-based company has brought its operating margin to below -1%, as it fends off component shortages, short sellers and potential tariffs.
The figures for China’s booming PV industry will be seen with a tinge of regret
In what analysts worldwide are sure to look back on as the last golden period for global solar – at least for the immediate future – China saw more impressive figures for PV manufacturing in the first half of the year. Then the government stepped in.
SMA: How local production can help fulfil the large scale boom
Local production of its Power Skid central inverter platform delivers a host of benefits when meeting surging demand claims SMA. Local jobs add icing to the cake, says SMA’s Bernhard Voll in an interview in advance of a webinar on the new product.
Siemens receives major order for Vietnamese PV park
In what marks another major PV project announcement for Vietnam, the Germany-based company will supply equipment for a 258 MW PV system, and commission it upon its completion, scheduled for mid-2019.
Module prices continue to fall
The latest reports from analysts at PV InfoLink and EnergyTrend show prices continuing to fall, though at a slower rate than was seen immediately after China’s 31/5 announcements. High efficiency mono-PERC modules fell to around $0.32/W, while multicrystalline module prices hold steady between $0.26 and $0.29/W.
JA Solar secures $68 million loan for equipment at 1.5 GW Vietnam wafer fab
Chinese manufacturer, JA Solar has secured a long-term buyer credit loan facility worth US$68.4 million for the procurement of equipment for its 1.5 GW wafer facility in Vietnam.
The China effect: Decreasing PV utilization rates, serious oversupply and future strategies
Independent PV analyst, Corinne Lin discusses the fallout of China’s recent solar PV policy decision, including decreasing utilization rates and serious oversupply; and a focus on equipment upgrades, particularly for PERC, SE, half cut and bifiacial technologies. The industry will bounce back in 2019, she concludes.
SMA teams with Wilson Transformer Company, launches Australian central inverter solution
German inverter giant SMA has partnered with Melbourne’s Wilson Transformer Company (WTC) to develop a central inverter solution specifically for Australian utility scale projects. The new Power Skid will be assembled in Australia, with WTC providing the medium and low voltage switchgear – among other componentry.
