Growatt Third Behind SolarEdge, SMA in Single Phase Inverter Shipments Updated On Fri, Jun 12th, 2020 by Saurenergy Growatt with 11% market share of single-phase inverters in 2019, finished in the third-place in the PV Inverter Market Tracker by IHS Markit. Growatt, a leading Chinese manufacturer of PV string inverters took over 11 percent market share of single-phase inverters worldwide in 2019, coming in the third-place after SolarEdge and SMA according to PV […] Read more
Top 10 Inverter Companies for Rooftop Solar in India Updated On Mon, Jun 1st, 2020 by Saurenergy With India signed the Paris accord in 2015 to reduce its carbon footprints significantly by 2030, the road towards increasing the clean energy generation in the country’s aggregate energy mix opened. It provides the country with a new vision of achieving higher targets of (175 GW) renewable energy by 2022 and dampens the fossil fuel-based […] Read more
SolarEdge Posts Record Revenue at $431.2 Mn in Q1; Driven by Solar Biz Updated On Thu, May 7th, 2020 by Saurenergy Israel-based smart energy technology specialist, SolarEdge Technologies (SolarEdge) has reported its robust total revenue jumped by 59 percent at USD 431.2 million in the first quarter of 2020 from USD 271.9 million last year, mainly on account of record revenue from the solar business. Moreover, it’s net diluted earnings per share (EPS) during the quarter […] Read more
Can SolarEdge’s Virtual Solar Show be the New Industry Trend Setter? Updated On Wed, Apr 8th, 2020 by Saurenergy Amid a slowdown in business and economic activities across the globe mainly due to spread of coronavirus pandemic, Israel-based specialist in smart energy technology, SolarEdge Technologies (SolarEdge), has found a new way of interacting with its customers and various industry stakeholders. Thus, Nasdaq-listed SolarEdge is planning for an interactive virtual solar show which will be […] Read more
SolarEdge to Supply Enfindus With Inverters for 1 GW of Solar Projects Updated On Thu, Feb 6th, 2020 by Saurenergy SolarEdge has entered into a contract to supply smart energy products including inverters and power optimisers for 1 GW of solar projects with Enfindus. SolarEdge Technologies, a global leader in smart energy, has announced that it has entered into a contract to supply smart energy products and solutions, including inverters and power optimisers for 1 […] Read more
SolarEdge Q3 Revenue Surges 74% to $410.6 Mn Updated On Fri, Nov 8th, 2019 by Saurenergy SolarEdge revenues for the solar business jumped by 66 percent to USD 387.8 million, from USD 233.8 million in the same quarter previous year. Israel-based inverter solutions provider SolarEdge Technologies has reported a significant growth of 74 percent in its total revenue at USD 410.6 million during the third quarter of FY 2019, as against USD […] Read more
Global Single-Phase Inverter Market Records 11.2% Increase in 2018: Report Updated On Tue, May 28th, 2019 by Saurenergy According to a new report, global shipments of single-phase inverter increased by 11.2 percent in 2018. Boosted by a strong residential PV demand. IHS Markit released its annual PV inverter market report in early May. According to the report, the world grid-connected PV inverter shipments remained almost flat in 2018. However, while the world grid-connected […] Read more
Optimise Your O&M Procedures with Improved PV Asset Management Updated On Fri, Mar 29th, 2019 by Saurenergy Implementing a solar plant dashboard for reduced Operation & Maintenance (O&M) costs and increased profitability Would the average consumer invest in the stock market without real-time insight into financial performance? Not a chance. We live in a world that craves information, preferably easily accessible and digestible information, especially when it relates to a major financial […] Read more
SolarEdge Q4 Revenue Jumps 39% to $263.7 Mn Updated On Thu, Feb 21st, 2019 by Saurenergy However, the company’s net income dropped 34% in Q4 at USD 12.9 million, from USD 19.5 million in the same period a year ago. Israel-based inverter solutions provider SolarEdge Technologies has reported a significant growth of 39 percent in its total revenue at USD 263.7 million during the fourth quarter of FY 2018, as against USD […] Read more