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SolarEdge Q4 Revenue Jumps 39% to $263.7 Mn

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 […]

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Solar Exports Jump 223% in Third Quarter of 2018

Indian exports increased massively from the previous quarter growing 223% from Rs 1.24 billion in Q2 to Rs 4.01 billion in Q3. Indian solar market saw a significant rise in solar imports in the third quarter of calendar year 2018, data from Commerce Department has shown. In Q3 CY 2018, solar modules and cells worth […]

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SolarEdge’s EV-Charging Inverter Wins 2018 BIG Awards for Business

SolarEdge has developed the world’s first EV-charging solar inverter which offers the fastest AC EV charging rates by supplementing grid power with PV power. Israel-based SolarEdge Technologies has received the ‘New Product of the Year Award’ for its EV-charging inverter in the Energy Category. It is a winner of the 2018 BIG Awards for Business. The company […]

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Viz-A-Viz with Manish Aggarwal, Managing Director, Enkay Solar Power

Q. In present scenario where technology changes frequently, how do you manage to upgrade your technology? As we are new entrants in this field, we were able to induct the state-of-art machinery, therefore up-gradation is not an issue. For instance when we started our production line 4BB cells technology was prevailing. Last year we up-graded […]

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How Many Chinese Module Suppliers can Compete with JinkoSolar, Outside China?

Since Chinese investments into major cell and module facilities started – more than 10 years ago – success ultimately has been driven by overseas market-share gains, above other technical or financial benchmarks that otherwise would be expected. However, despite the efforts of well over 50 Chinese cell/module makers (where the cut-off is including those with […]

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Enphase to Buy SunPower’s Microinverter Business

According to the Enphase Energy, The five-year agreement is intended to accelerate global adoption of AC modules as the de facto residential solution.   After trading hours, the Enphase Energy announced that it plans to acquire microinverter business of SunPower for $25 million in cash and $ 7.5 million in shares of Enphase common stock. According […]

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Viz-A-Viz with Sir Ganesan Natarajan, Chairman | Topaz Solar Private Limited

Q. Please tell our readers more about Topaz solar and its services. Topaz Solar is promoted by me and Ms. Usha Natarajan in the year 2009. It became active since 2014 where we planned to foray into domestic solar market primarily Tamilnadu biz in mind due to aggressive Solar policy unveiled by then CM Jayalalitha. […]

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Budget 2018: Reactions From the Solar Industry

Jaitley in his budget 2018 speech proposed that the duty on solar tempered glass or solar tempered [anti-reflective coated] glass for the manufacture of solar cells, panels, modules be reduced from 5 percent to zero.   The Budget 2018 presented by Finance Minister Arun Jaitley has proposed to eliminate the import duty on components that […]

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University of New South Wales To Use 100 Percent Solar Energy

UNSW Sydney declared a tripartite plan with contract accomplices Maoneng Australia (Maoneng) and Origin Energy (Origin) for an offsite Solar PV Corporate Power Purchase Agreement (Solar PPA). In what is claimed to be a first for any college, University of New South Wales (UNSW) in Australia has inked a 15-year agreement to get 100 percent […]

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