Inverters

EPC firm Sterling & Wilson has completed its initial solar PV job in Oman, a 125MW DC plant making use of bifacial panels, with the India-headquartered company entering its 10th gigawatt of tasks worldwide.

Momentum behind Poland's incipient solar market has continued to develop after residential EPC R.Power authorized an inverter supply take care of Huawei.

With expanding financial task and also development, India's power intake as well reached to 1,164 TWh till November 2019. That makes India the 3rd rated nation amongst the leading 10 power consuming nations internationally, based on IEA information.

Huawei's inverters will certainly be moving in big quantities to European solar projects by means of the network of a German partner, that will certainly manage the supply of 5GW over the following 2 years under the regards to a new deal.

Solar and storage developer 7X Energy has spent more than US$100 million to stockpile 2GWac of Power Electronics inverters in order to take advantage of the full investment tax credit (ITC) before it starts to taper next year.

The STA has warned Italian company Fimer, which is set to acquire Swiss company ABB’s inverter business, it will have to honor customer service commitments made to its British members, and voiced fears related to historic quality issues with ABB inverters.

Spanish developer and utility Iberdrola is waiting for project approval from the Castilla-La Mancha government to move ahead with four utility-scale solar PV facilities in the central Spanish region.

Tara Doyle started her career in the solar energy industry more than 15 years ago, and today serves as the chief commercial officer at PVEL, which claims to be one of the first testing laboratories to focus on bankability for the downstream PV buyer community. The lab serves developers, financiers, O&M companies, asset owners, and insurers.

While the damage is largely done for cells, modules and inverters, increased tariffs on U.S. module components and 15% measures on lithium-ion batteries are not good news for either sector.

SMA has unveiled a new and improved version of its Sunny Boy-US line of inverters, part of the company’s Power+ residential solar offering. The new Sunny Boy will offer the latest technology and include enhanced safety features to comply with current industry regulations.

The research firm says the value of the global inverter market will continue to decline until 2024, even though shipments will likely increase. China’s recent policy changes have increased pressure on prices, which will contribute to greater consolidation in the sector.

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.

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.