Solar Inverters News

Major PV inverter manufacturer, SolarEdge Technologies has been forced to accelerate expedited shipping via air freight, despite a 25% increase in manufacturing capacity as the company continues to set quarter sales records.

The Israeli inverter manufacturer saw its net profit decline 4% year-on-year to $33.1 million in the second quarter, despite shipping 1.3 GW and seeing a 43% increase in turnover. Gross margins were affected by the increase in U.S. tariffs on China made products.

ReNu Energy signed an agreement last week for the sale of its Australian solar assets to CleanPeak Energy, a commercial rooftop solar startup.

Leading microinverter supplier, Enphase Energy shipped over 1.2 million units in the second quarter of 2019, with its latest IQ 7 model accounting for around 98% of shipment total.

SMA America has unveiled multiple updates to its service center that were designed to facilitate even more efficient technical support. Key expansions include a new, larger central and string inverter laboratory. The service center also features a rooftop PV system that functions as a real-world lab while offsetting energy costs. The new features will improve the ability to simulate issues, troubleshoot calls and provide service training for customers.