The company has experienced continued growth and after the acquisition of a UPS supplier – as well the potential for Chinese power electronics manufacturers to suffer under proposed new inverter tariffs – SolarEdge feels confident of continued growth.
Following the claim filed in June, SolarEdge now alleges Huawei has infringed two more of its patents. With its HD-wave inverter topology the subject of the first lawsuit, the Israeli manufacturer now says its Chinese rival also copied its power optimizer technology.
The Israel-headquartered power electronics supplier continues to diversify its business base as it closes its acquisition of UPS provider Gamatronic. Uninterruptible power supply is a multi-billion-dollar market expected to grow in the coming years.
Inverter manufacturers tapped into the major theme of digitization in their product presentations at this year’s Smarter E event in Munich – of which Intersolar Europe is a part of. The solutions deploy smart software solutions for maximizing self-consumption, O&M provision and enable hybrid architectures across all three market segments.
Following Monday’s announcement, pv magazine spoke to Lior Handelsman, of SolarEdge. The company VP is adamant Huawei has infringed the Israeli firm’s intellectual property, and says defending IP will see the PV industry grow.
With a growing global residential PV market, software solutions to optimize rooftop systems have spawned. Last year the PV market grew by 29% with no sign of decelartion in sight. Optimizing installations and making them as convenient as possible has thus become a hotter market recently.
Physicists at MIT and in Haifa have come up with a theory for slowing down light that could dramatically improve solar PV cell efficiency – the question now is whether it will work in practice, and on silicon.
With Palestinian developers keeping a low-profile since the advent of the Trump administration, Chinese government money is funding PV projects to support electricity supplies in the disputed nation’s crumbling infrastructure.
After securing a financial hedge for its Talasol solar plant in January, Israeli solar company Ellomay has now entered agreement with Deutsche Bank for the structuring of non-recourse senior debt financing for the project.
British oil giant BP has announced a $20 million investment into battery developer Storedot, whose batteries use chemically synthesized organic molecules to build an organic polymer, in addition to lithium. Storedot says the astonishing properties of the new material enable electric vehicle charging times of just five minutes
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