Inverters

Maybe. But you’d be better off using a laptop. And no, Huawei inverters aren’t going to cause a blackout.

After announcing its entry into residential storage a week ago, the Munich-based multinational has now unveiled a plan to acquire inverter manufacturer Kaco. Siemens has not provided details about the value of the transaction.

The California-based microinverter maker posted $92 million in revenue in the final quarter of last year, and more than $106 million in cash as the company reported its first positive quarterly and annual operating income figures in years. Enphase is booked out for all of this quarter and seemingly into the late spring months too.

The Saudi energy company and Chinese inverter maker and comms firm will team up to use information and communications technology to improve the performance of the former’s PV plants.

The French power electronics specialist is pulling out of the utility-scale segment to strengthen its profile in the residential and C&I space.

The president last night announced he is hoping to arrange a meeting with Chinese counterpart Xi Jinping to bring an end to the long-running trade stand-off between the two nations, provided further progress can be made in negotiations.

IHS Markit’s analysts have mapped out what they are keeping an eye out for in the year ahead. Aside from higher installation figures, the number-crunchers predict a continued battle for multi-function in the hard-fought inverter segment and a potential watershed year for utility-scale storage.

Unimpressed by last year’s China policy-related shenanigans, the inverter maker continued to grow at a rapid pace as it acquired storage, uninterruptable power supply (UPS) and e-mobility related businesses. Its full-year results place SolarEdge in a good position going into a more promising year, with solar installations expected to hit double-digit growth figures in many markets and reach 120 GW globally.

The solar event in Lyon illustrated how expectations of French solar remain big despite lower-than-expected development and issues related to regulations and carbon footprint requirements. The large participation of international and Chinese players seeking business among installers and distributors is a signal things may improve in the short term, and larger volumes may be deployed in the coming years.

Public body Codesser wants to hire experts to carry out a “Study to determine the participation of national suppliers in the provision of construction, operation and maintenance components and services in solar energy projects in Chile”.