inverter

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Daily News Wrap-Up: India Adds 16 GW Solar Capacity in 9M 2024

India added 16.4 GW of solar capacity in the first nine months (9M) of 2024, a 167% year-over-year increase from 6.2 GW in 9M 2023, according to Mercom India Research’s...

November 22, 2024

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Tina Freese

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Daily Wrap-up
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Inventory Write-Downs of $1 Billion Widen SolarEdge’s Net Loss in Q3 FY 2025

Israel-based solar inverter manufacturer SolarEdge‘s net loss expanded by over 1877% year-over-year (YoY) to $1.21 billion in the third quarter (Q3) of...

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Sungrow, FIMER, Sineng Electric Lead Solar Inverter Supply in 2023

Sungrow Power Supply (Sungrow), FIMER India (ABB), Sineng Electric, TBEA Energy India, and Ginlong (Solis) Technologies were the leading inverter suppliers in India for...

May 21, 2024

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Anubhav Prakash

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Inverters & BOS

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Mercom Research Focus

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Solar
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Growatt Opens Inverter, Battery Manufacturing Plant in Vietnam

China-based solar inverter manufacturer Growatt has started the first phase of its production plant in Haiphong, Vietnam, to manufacture 500,000 inverters and 100,000...

February 20, 2023

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Gourav Mishra

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Other

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Renewable Energy
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SolarEdge’s Q4 Revenue Jumps 61% on Higher Inverter Shipments

SolarEdge, an Israel-based solar inverters manufacturer, posted revenue of $890.7 million for the fourth quarter of the financial year 2023, a jump of 61.4%...

February 15, 2023

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Gourav Mishra

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Finance and M&A

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Solar
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Sungrow, Sineng, FIMER, Solis Top Solar Inverter Companies in 1H 2022

Sungrow, Sineng Electric, FIMER India, Ginlong (Solis) Technologies, and SOFARSOLAR were the leading solar inverter suppliers in India in the first half (1H) of the...

November 17, 2022

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Arjun Joshi

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Inverters & BOS

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Mercom Research Focus
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SMA Solar’s 9M Net Income Fell 29% on Large-Scale Project Delays

Germany-based solar equipment manufacturer SMA Solar Technology recorded a net income of €11 million (~$11.38 million) in the first nine months (9M) of 2022, a...

November 15, 2022

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Arjun Joshi

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Other

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Renewable Energy
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Daily News Wrap-Up: Deadline for BIS Certification of Solar Inverters Extended

Here are some noteworthy cleantech announcements of the day from around the world: The Ministry of New and Renewable Energy (MNRE) has extended the self-certification of...

August 2, 2022

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Arjun Joshi

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Other

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Renewable Energy
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Daily News Wrap-Up: Developer Allowed to Claim Refund on BCD for Solar Inverter

Here are some noteworthy cleantech announcements of the day from around the world: Maharashtra Electricity Regulatory Commission (MERC) has allowed Tata Power Renewable...

May 20, 2022

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Satish Shetty

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Other

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Renewable Energy
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Daily News Wrap-Up: Greenko Begins Construction of its 5 GW Renewable Energy Storage Project

Here are some noteworthy cleantech announcements of the day from around the world: Greenko Group has started the construction of its 5.23 GW Integrated Renewable Energy...

May 19, 2022

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Satish Shetty

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Other

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Renewable Energy
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Inverter Company SolarEdge’s Revenue Up 19% in Q1 2022 to $655 Million

SolarEdge, an Israel-based manufacturer of solar inverters, power optimizers, and monitoring systems, reported a revenue of $655.1 million in the first quarter (Q1) of...

May 3, 2022

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B.S. Nagaraj

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Inverters & BOS

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Solar
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Daily News Wrap-Up: Industry Body Asks for Priority Sector Lending for Solar Manufacturing

Here are some noteworthy cleantech announcements of the day from around the world: In a press note, the All-India Solar Industries Association (AISIA), the domestic...

March 11, 2022

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Satish Shetty

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Other

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Renewable Energy
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Solar Inverter Company SolarEdge’s Revenue Up by 54% YoY to $551.91 Million in Q4 2021

SolarEdge Technologies, an Israel-based manufacturer of solar inverters, power optimizers, and monitoring systems, reported a revenue of $551.91 million in the fourth...

February 17, 2022

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Harsh Shukla

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Markets & Policy

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Solar
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Effect of Winter on Solar Project Operation

Power generation from a solar photovoltaic (PV) project peaks in summer and dips during winter as the solar radiation intensity in winter is relatively low. The major...

December 28, 2022

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Staff

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Other

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Sponsored News
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Australia Announces $100 Million Funding for Grid-Scale Battery Storage Projects

The Australian Renewable Energy Agency (ARENA) has announced a $100 million competitive funding round for grid-scale batteries with advanced inverters to support the...

December 27, 2022

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Harsh Shukla

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Energy Storage

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Tenders & Auctions

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