Inverters
Wood Mackenzie expects more consolidation in inverter business
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.
Aug 8, 2019 // Inverters, ABB, Wood Mackenzie Power & Renewables, Sungrow, China, Inverters, Huawei, SMA, Schneider Electric
SolarEdge posts strong revenue increase, slight drop in net profit
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.
Aug 7, 2019 // Manufacturing News, Plants, Large-Scale, Commercial, Markets & Finance News, Inverters, USA, Inverters, Asia, SolarEdge, Israel, Gamatronic, Kokam, SMRE, North America
Enphase Energy microinverter shipments in Q2 surpass 1.2 million
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.
Aug 2, 2019 // Manufacturing News, Markets & Finance News, Inverters, USA, SunPower, Australia, Enphase Energy, microinverters, rooftop, Inverters, Oceania, North America
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