Ingeteam and BYD have tested and certified at their respective R&D laboratories, the compatibility of the BYD Battery-Box Premium HVS and HVM high voltage batteries with Ingeteam’s INGECON® SUN STORAGE 1Play TL M hybrid inverter (solar-plus-storage inverter).

The use of both items of equipment together makes it possible to create hybrid systems that combine PV power generation with energy storage, with no need to add additional solar PV inverters. Moreover, Ingeteam’s hybrid inverter, in combination with the BYD batteries, allows for operation in off-grid, back-up (UPS) and self-consumption modes.

Thus, for grid-connected systems, the solar energy generated during the day can be stored for night-time consumption, giving the highest possible self-consumption ratios and, thanks to the possibility of operating in backup mode (UPS), the power supply is maintained in the event of a grid outage.

The BYD high-voltage lithium iron phosphate (LFP) batteries, with capacities ranging from 5.1 kWh to 22.1 kWh (depending on the model) are designed for residential and commercial use. Their patented modular plug-in design makes it possible to connect the different battery modules with no need for wiring, making installation incredibly quick and easy. Specifically, the following BYD battery models are compatible with the Ingeteam hybrid inverter: HVS (5.1, 7.7 and 10.2) and HVM (8.3, 11.0, 13.8, 16.6, 19.3 and 22.1).

For its part, the Ingeteam inverter makes it possible to connect a battery bank and two PV arrays to the same unit, thereby reducing the cost of the system as a whole. It features two PV inputs, each of which has its own maximum power point tracking system (MPPT), allowing it to manage up to 11.5 kW of power from the solar panels which can be roof-mounted with two orientations.

This 3 or 6 kW single-phase transformerless inverter has been designed for use in residential and commercial installations alike. Moreover, this inverter is supplied with the EMS control system as standard, allowing it to deploy advanced functionalities with no need to add another device for additional control.

The monitoring of the hybrid system is carried out easily and intuitively thanks to the software developed by Ingeteam: INGECON® SUN Monitor, which allows access to all the data of the photovoltaic installation, the batteries, etc., so that the user has total control over his/her electricity consumption.

Source : ingeteam

• Ingeteam’s new product, the INGECON SUN String Station, which can achieve a medium voltage power output of up to 6.4 MW, is supplied as a turnkey solution with all its devices mounted on the same Skid or metal platform.

• The first units have already been installed in various solar plants in Spain.

The new power station designed and manufactured by Ingeteam is directed at solar plants equipped with string inverters instead of central inverters. Specifically, this solution has been designed to be installed in combination with the INGECON SUN 160TL solar inverters made by Ingeteam with 1500 Vdc technology.

The design of the string station seeks to facilitate as much as possible the installation work and field connection. This is why it is supplied as a turnkey solution, with all the devices pre-connected at the factory. Moreover, it can be transported by land or sea, as it can be mounted directly on a truck trailer or inside a 40-foot container, so that it can be delivered anywhere.

A further advantage of this solution is its flexibility, given that it can hold from one to four AC combiner boxes, responsible for receiving all the AC cabling coming from the solar inverters. Therefore, the power output range of the string station can vary from 1.6 MW up to 6.4 MW, allowing Ingeteam to cater for all types of project sizes and layouts.

In addition to the AC combiner boxes, the string station is also equipped with the LV/MV power transformer, transformer oil tank, medium voltage switchgear, auxiliary services panel and auxiliary services transformer, for maximum optimization of the available space. All these components are certified to IEC standards.

The first string station units were manufactured in Spain and are now installed in various Spanish solar projects.

This new product strengthens Ingeteam’s scope of supply for the solar sector, to which the Group supplies many other products and services.

Source: ingeteam

Ingeteam has passed the 2 GW (2,000 MW) mark for solar power supplied as PV inverters for the Australian market. This figure was achieved thanks to the 753 MW awarded to the company in 2020 in eight photovoltaic projects in which itsInverter Stations have been or are being installed, as well asother Ingeteam products and services. Specifically, the total solar power awarded to Ingeteam in Australia already amounts to 2,096 MW.

An important milestone for the company that is strengthened with the arrival to the Australian market of Ingeteam Service, the company’s operation and maintenance division. As a market leader in the supply of O&M services for energy generation plants, Ingeteam Service has landed in Australia with a first contract to provide O&M services to two solar PV power plants with power ratings of 85 MW and 75 MW, that were commissioned in December 2017.

Juan Miguel Gutiérrez, the director of Ingeteam Australia Pty Ltd., stated that the 2 GW of power “is a nice, round number, but the important thing is that it reaffirms the confidence that our customers are placing in our solutions, in a market in which the technical requirements demanded by the power companies and grid operator are probably the toughest in the world”.
The figure achieved by Ingeteam in Australia has secured the company’s position in the country, where it has been present since 2013 and currently boasts the second largest market share in the PV inverter manufacturer ranking.

Juan Miguel Gutiérrez also added that “our customers highly value the fact that Ingeteam is able to offer a complete package of products and services, which not only includes the PV inverters and transformer substations with all the low and medium voltage equipment, but also the power plant controller (PPC) system, the SCADA, the equipment commissioning work and the operation and maintenance service”.

About the Ingeteam group

Ingeteam is an international technology group specializing in energy conversion. Its technological development in power and control electronics (inverters, frequency converters, controllers and protections), rotary electric machines (Indar motors, generators and submersible motor & pump sets), systems (integration of electromechanical engineering and automation), and operation & maintenance services, allow Ingeteam to offer solutions for sectors such as wind, solar PV, hydro and fossil fuel power generation, metal processing, marine, rail traction and the electricity grid, including the substations and covering transmission and distribution, always striving to optimize power generation and consumption.

The Ingeteam Group operates throughout the world, with permanent facilities in 24 countries, employing more than 4,000 persons. R&D&i is the backbone of its business activity, in which more than 5% of the company’s turnover is invested annually.

A new report highlights the stepdown of the ITC and the rise of the inverter replacement market in Europe.

The global PV inverter and module-level power electronics market crossed the threshold of $9 billion in value for the first time in 2019. Inverter shipments also hit a record high last year, falling just short of 130 gigawatts, according to a new analysis of the inverter market from research firm Wood Mackenzie.

In addition to growing global solar installations, two factors propelled the inverter market to record highs in 2019: the rush to secure solar equipment before the stepdown of the U.S. Investment Tax Credit from 30 percent to 26 percent and the growing inverter replacement market in Europe.

While pre-purchasing solar PV modules was developers’ preferred method of qualifying for the ITC, some chose to safe-harbor PV inverters, albeit at a lesser rate. In 2019, between 25 and 30 percent of U.S. PV inverters shipped were purchased for safe-harboring purposes.

Developers chose to safe-harbor inverters for a few reasons. First, while modules made significant efficiency gains over the last several years, with more improvements on the horizon, inverters are not likely to make significant gains in the near term, and so they are perceived to have a lower technology risk than modules. Second, inverters represent a smaller proportion of the total cost stack, meaning that inverter price declines will be less valuable on a dollar-per-watt basis compared to module technology.

In Europe, the solar market took off in the late 2000s and early 2010s. Now, 10 years down the line, inverters are starting to reach their end of life, and many will require replacement. In the near term, Germany, Spain and Italy will lead the way for Europe’s inverter replacement market, while the Asia-Pacific region will begin to pick up in the next few years, particularly Japan, Australia and China.

The impact of COVID-19 on the inverter market will be minimal

The COVID-19 pandemic will not have as serious implications for the inverter industry as it has had for the broader solar industry.

The inverter market’s more-diverse supply chains helped dampen the impact. Some facilities adapted their manufacturing practices to meet pandemic-related safety guidelines; other facilities that already use automation were less affected than were those that rely more heavily on manual labor.

The pricing implications of the pandemic seem to be minimal. Logistical issues with shipping may increase costs slightly, as will the costs of personal protective equipment and safety protocols that have been instituted in facilities.

Overall, the coronavirus pandemic is expected to reduce inverter shipments in 2020 by 14 percent compared to pre-coronavirus expectations.

Chinese inverter vendors continue to grow their global footprint

Chinese inverter manufacturers expanded their overseas presence, growing from about 30 percent of global shipments outside of China in 2018 to around 40 percent in 2019. China’s market downturn and growing international demand have prompted great success for these companies.

Chinese inverter companies are typically more price-competitive than European companies and have increased price pressure globally. As a result, the market has seen a notable degree of consolidation.

Since the acquisition of ABB’s inverter line by Italian firm Fimer was announced in the summer of 2019, there has been little news of mergers and acquisitions or exits in the inverter space, but that may soon change. Price pressure coupled with the market downturn caused by the pandemic could lead to more exits and acquisitions within the next year.

Software and services

As was the case in 2018, inverter vendors continued to expand their software and service offerings, becoming more than just pure-play manufacturers. Vendors have launched internet-of-things platforms, delved into artificial intelligence and machine learning, and ventured into other smart-energy verticals. These moves can open up additional revenue streams and help companies differentiate themselves from the pack.

Reliability and customer attention are top priorities when it comes to selecting inverter technology, and vendors have reacted to meet these considerations. Recently, Enphase launched an online store to connect more directly with clients. CPS America announced it was offering inverter operations and maintenance services to those sites using its inverters, as well as sites that use inverters from manufacturers that have exited the space. And SMA launched its repowering business in early 2019.

What’s next for the inverter industry?

While the coronavirus pandemic will dampen the inverter market in the near term, the overall trend for the inverter market is positive. Demand for inverters will be on the rise as installations continue to grow globally, and as systems age and more replacement inverters are needed.

As the industry focuses on digitalization and customer needs, inverter players will be pushed to innovate and branch out into nontraditional pure-play manufacturing.

Source: greentechmedia

India, New Delhi: While the deadly Coronavirus spreads around the world, there is a huge demand of Power Backup (UPS) amongst the healthcare industry. With hospitals making test benches for coronavirus testing, it is critical to support the Healthcare sector. Best Power Equipments (BPE), India’s leading power products manufacturing brand has joined hands with reputed hospitals in Delhi & supplying UPS on urgent demand. It has recently installed more than 25 UPS of 3KVA to reputed Hospitals within timely delivery.

Amitansu Satpathy, Managing Director, Best Power Equipments said, “With this fight against Coronavirus, there is a massive overload of hospitals of patients. To guarantee service continuity and quality, Best Power Equipments (BPE) are making efforts Inspite of lockdown to meet this huge demand for power back-up.”

 With hospitals on heavy load, the BPE has the ample stock of UPS required for hospitals thus helping the hospitals in easy operation all round the clock. At this critical stage when everyone is fighting with COVID – 19, BPE would like to join hands with every citizen of India including the Central Government so that we can defeat the onslaught of Coronavirus.

BPE had earlier installed power back solutions (UPS) to healthcare industry such as Allengers Medical, Hindu Rao hospital, DKS hospitals Raipur & others.

About Best Power Equipments (BPE)

 Best Power Equipments (India) Pvt.Ltd.is a leading Indian MNC manufacturer which provides end to end strategic power solutions.

BPE with its headquarters at Noida, India, was established in the year 2000. The company has strategically expanded, by providing power solutions for IT, Industrial & Critical power equipments, telecom, data centers & electro-medical gadgets, not only in India but at Singapore, Malaysia and other countries.

BPE manufactures at its state-of-the-art manufacturing facility at Noida. The product range includes Line Interactive UPS, Single Phase Online UPS, Three Phase Online UPS, Rack Mount/ Modular UPS and Solar Inverter & IDU.

IHS Markit forecasts that global demand for replacement inverters will grow by almost 40% to reach 8.7 GW in 2020. A large and growing installed base of aging PV installations is driving demand for replacement PV inverters. Demand for replacement PV inverters comes from customers who own old inverters which are beginning to underperform or fail or can no longer easily be serviced with replacement models or spare parts. Demand is also coming from customers who own relatively young PV inverters that are underperforming due to either poor installation, system design, or quality issues.

Figure 1: Global demand for replacement PV inverters by region

EMEA is expected to remain the largest region for replacement inverter demand but Asia is gaining

EMEA has been the largest region for replacement PV inverter demand historically as the region experienced an early boom in solar in core markets such as Germany, Italy, Spain, Czech Republic and Bulgaria and now has the largest installed base of PV systems older than 5 years. Replacement demand in the EMEA region reached 3.4 GW in 2019, driven largely by aging installations between 10.1 kW and 5 MW in size according to IHS Markit’s recent report “PV Inverter Replacement Demand Report – 2020”. The largest markets are Germany, Italy and Spain, which together accounted for over 70% of replacement demand in the EMEA region.

Asia is the second largest region for replacement inverters due to large PV installations in China historically and continued massive recent growth in China which will continue to fuel demand in the region. Demand for replacement PV inverters is expected to come primarily from utility-scale (>5 MW) installations. Demand will also be driven by residential and commercial installations in Japan which had early growth in solar and now has the largest installed base of residential installations over 5 years old in the world.

Demand for replacement PV inverters in the Americas region is expected to grow rapidly, driven primarily by the United States, its largest market. Replacement demand in the Americas region is forecast to grow at a CAGR (18-23) of 130% and account for 12% of global replacement demand in 2023. The United States has proven to be volatile market for the competitive landscape, with many suppliers having entered and exited the market. Certain suppliers such as Satcon and Advanced Energy who had a large market share but are no longer active in the market have created an opportunity for existing suppliers to provide replacement inverters. Furthermore, evolving technical regulations and import tariffs continue to make the United States a challenging environment for suppliers to keep investing in next generation product and hence, may also cause suppliers to exit the market. However. despite some of these challenges, it remains a highly lucrative market as suppliers fight to capture growing new installations and as customers seek ways to replace a growing installed base of aging systems, particularly in the utility-scale sector.

Developers, EPC’s, O&M providers, and PV inverter suppliers are working together to address the market for replacement PV inverters

Developers, EPC’s, O&M providers, and PV inverter suppliers are seeking new ways to maximize the value from investing in replacement PV inverter projects. Straight one-to-one replacement of old inverters is the most common route that customers take. For example, an old 1 MW central inverter is replaced with a new, modern 1 MW central inverter. However, as inverter technology develops, new inverter types are being used to replace old-generation inverters with the aim of maximizing yield, simplifying O&M, and reducing LCOE. Customers are increasingly considering changing the overall system architecture, for example, by replacing an old central inverter with string inverters or by introducing string level power optimizers. Overall, modern inverters are being designed with a plethora of advanced features such as higher voltage of 1500V, artificial intelligence, monitoring, and autonomous control functionality. Advanced software capabilities allow customers to upgrade their existing systems by replacing inverters.

O&M providers have stepped up to offer services to ensure that customers reduce downtime and maximize yield and revenue from their PV systems by helping to meet the challenges that come with a growing installed base of aging PV inverters. Firstly, real time monitoring can allow O&M providers to spot potential issues with inverters deployed within a system. On top of that, predictive analytics are starting to help O&M providers and customers get ahead of potential issues. New methods including thermography and aerial photography are also providing new data streams for O&M providers to study for potential inverter issues.

Regardless of these advanced methods of monitoring, O&M providers face a significant challenge regarding sourcing replacement inverters and spare parts. Replacement inverters of old generation inverters may simply not be available anymore. Spare parts may be difficult to source and may require O&M providers and customers to get creative with harvesting spare parts from decommissioned inverters or even other types of power electronics equipment. O&M providers have begun to develop in-house expertise dedicated to inverter repair which involves hiring experienced engineers, seeking advanced training sometimes directly from PV inverter suppliers, and warehousing their own inventory of spare parts and spare inverters.

For their part, inverter suppliers have also begun to invest in their own departments dedicated to addressing the market for replacement PV inverters. For example, SMA has established its own replacement/repowering department which is focused on consulting and selling kits specifically for replacement projects. However, IHS Markit notes that the market is still in its infancy and inverter suppliers that invest time and resources into helping serve this market can capture significant opportunity for themselves in the next five years as the market grows rapidly.

Source: ihsmarkit

Colombo, Sri Lanka: Sungrow, the global leading inverter solution supplier for renewables, is pleased to announce the first official partner in Sri Lanka, Panasian Power PLC, to distribute the company’s product portfolio. The agreement was signed recently and aims to expand the distribution of Sungrow’s residential and commercial products in Sri Lanka.

Mr. Pathmanatha Poddiwala, General Manager of Panasian Power said: “Sungrow is one of the world’s largest inverter solution suppliers with technologically advanced products and highly reliable service. Sungrow has always been at forefront in leading the inverter industry with cutting edge products suitable for market demand. We are strengthening our offering in the Sri Lankan market through Sungrow and looking forward to introduce their solutions to our customers.”

Sunil Badesra, Business Head of Sungrow India & Sri Lanka, sees a good opportunity with the new partnership: “With over 100 GW+ installations across the globe, we want to cater the demand of Sri Lanka’s solar industry and deliver superior products with value-added service to our customers. Our partnership with Panasian Power will help us to grow and boost our business in this market.”

The alliance of Sungrow and Panasian Power is another step to further accelerate the global step of fulfilling the mission of “Clean power for all”.

About Sungrow

Sungrow Power Supply Co., Ltd (“Sungrow”) is the world’s most bankable inverter brand with over 100 GW installed worldwide as of December 2019. Founded in 1997 by University Professor Cao Renxian, Sungrow is a leader in the research and development of solar inverters, with the largest dedicated R&D team in the industry and a broad product portfolio offering PV inverter solutions and energy storage systems for utility-scale, commercial, and residential applications, as well as internationally recognized floating PV plant solutions. With a strong 22-year track record in the PV space, Sungrow products power installations in over 60 countries, maintaining a worldwide market share of over 15%. Learn more about Sungrow by visiting www.sungrowpower.com.

SHENZHEN, China : — Growatt holds its series of Shine Elite training workshops in Mexico and its first two stops: Mexico City and Guadalajara. For the past two years, Growatt has been increasing its investments in Mexico, establishing local service team and warehouse. In a step to further strengthen its market position, now Growatt starts to provide professional training for its local partners.

Growatt is one of the global leading PV inverter brands for distributed generation, and it provides a wide range of string inverters for residential, commercial and small size utility scale solar projects. “Our advanced and reliable PV inverters are present in over 100 countries across the globe. In Mexico, we are among the TOP 3 solar inverter suppliers for residential solar,” said Dane Lin, Growatt sales manager.

Growatt’s Shine Elite training workshop aims to improve the technical capability of installers and clients to provide excellent service for end users. It covers a wide range of topics from solar market and technology trend, inverter selection, installation precautions, monitoring solutions, configuration and troubleshooting.

At the event, Growatt unveiled its new series of inverters for Mexican solar market, MIN 2500-6000 TL-X and MAC 50-70KTL3 MV. “These new inverters are elegant and powerful. And they are UL1741 certified. Modern features of OLED display and touch button make it more appealing to customers,” Lin introduced. MIN 2500-6000 TL-X is light and compact, which provides better experience for installers and end users. For commercial and industrial solar plants, Growatt has introduced MAC 50-70KTL3 MV in Mexico.

MAC has very stable functionalities. It adopts an advanced cooling algorithm and achieves excellent cooling performance and long life span of cooling system. It can work under temperature of up to 60℃ and can adapt to the challenging working conditions in Mexico. With MAC, customers can have higher yields and ROI. Its efficiency can reach up to 98.8% and the system can be oversized at 1.3 DC/AC ratio. “Growatt’s latest inverter models are the very competitive and reliable PV solutions in the market. Our product innovations will continue to drive our growth fast!” said Lin.

SOURCE Growatt

JACKSONVILLE, Fla. : Sungrow, the global leading inverter solution supplier for renewables, today announced that its first 1500Vdc DC-Coupled PV plus energy storage system has connected to the 9MW/3.836MWh utility-scale storage project, which developed by 174 Power Global under JEA’s SolarSmart initiative in Jacksonville, Florida.

The power will be purchased by Jacksonville Electric Authority (JEA) to serve its SolarSmart program which offers customers a way to benefit from solar energy without installing solar panels on their roofs.

“174 Power Global selected Sungrow for the portfolio due to Sungrow’s sophisticated and integrated offer, proven experience and bankability,” remarks Henry Yun, President at 174 Power Global. “Their 1500Vdc DC-Coupled solution matches well with our requirements for implementing solar power, and we’re happy to work with Sungrow on this project to deliver clean, reliable, and cost-effective renewable energy to communities in Jacksonville.”

For the project, it integrated Sungrow’s all-inclusive solar energy solution consisting of 1500Vdc PV turnkey station SG2500U and all-in-one DC-DC Energy Storage System (ESS) solution ST1918KWH-D750HV. The containerized 1500Vdc 2.5MW solution features high efficiency and high DC/AC ratio of 1.5, ensuring an optimized LCOE. The ESS solution, which integrates PCS and Li-ion battery, local controller, saving thousands of dollars compared to existing “ala carte” solutions that require the purchase of separate component parts in order to achieve comparable functionality.

The DC-coupled system typically has lower interconnection costs than AC-coupled system, as it relies on only one single point of interconnection. Meanwhile, the energy is captured and stored at the DC level, preventing a loss in efficiency. This technology improved the overall energy output of the hybrid system while optimized equipment and installation costs as well as increased the overall system reliability.

“To date, the challenge for industry has been to find the appropriate power solutions to facilitate DC-coupling on a large scale,” says Hank Wang, President of Sungrow Americas. “Sungrow is a pioneer in 1500Vdc DC-Coupled PV plus energy storage technology and has consistently set the industry standards for quality and reliability. With this deployment, we have demonstrated that its unique approach to the DC-coupling of solar + storage is indeed a solution to this challenge.”

About Sungrow

Sungrow Power Supply Co., Ltd (“Sungrow”) is the world’s most bankable inverter brand with over 87 GW installed worldwide as of June 2019. Founded in 1997 by University Professor Cao Renxian, Sungrow is a leader in the research and development of solar inverters, with the largest dedicated R&D team in the industry and a broad product portfolio offering PV inverter solutions and energy storage systems for utility-scale, commercial, and residential applications, as well as internationally recognized floating PV plant solutions. With a strong 22-year track record in the PV space, Sungrow products power installations in over 60 countries, maintaining a worldwide market share of over 15%. Learn more about Sungrow by visiting www.sungrowpower.com.

About 174 Power Global

Irvine, California-headquartered 174 Power Global is a leading solar energy company that is wholly owned by the Hanwha Group. With deep expertise across the full spectrum of the project development cycle, 174 Power Global works closely with landowners, local communities, financial investors and other partners to build highly productive, utility scale solar power plants throughout North America. Since its formation in 2017, 174 Power Global has signed nearly 2 gigawatts (GW) of power purchase agreements and has more than 6GW of additional projects in the development pipeline. The Company was ranked as the 2018 number #1 solar project development company in the United States by Wood Mackenzie.

174 Power Global’s name was inspired by the 174 petawatts (PW) of power the earth receives from the sun at any moment.

SOURCE Sungrow Power Supply Co., Ltd

Ingeteam has passed the 1,000 MW mark for PV inverters supplied to Chile. Of this figure, more than one fifth corresponds to solar projects coming under the Distributed Generation by Small Power Producers (PMGD) scheme, which supports the execution of generation projects with a rated power of up to 9 MW.

Distributed generation is an ongoing trend in Chile and in many other countries. In 2015, distributed generation accounted for one quarter of global investment in renewables. To promote the construction of projects of this type, the PMGD scheme gives PV plant owners the guarantee that all the energy produced can be fed into the power grid. Moreover, the National Energy Commission (CNE) allows these producers to choose between the sale of energy at either a marginal cost or stabilized price. In this latter case, producers are guaranteed stable prices that are higher than market prices, given the fact that these prices are calculated every six months by the CNE and are not subject to time-of-day variations.

Ingeteam entered the Chilean market just six years ago and, since then, it has passed the gigawatt mark. Moreover, thanks to the supply of equipment for these latest projects, Ingeteam has reached a total power of 215 MW at plants coming under the PMGD scheme in Chile, a country in which this Spanish company has a portfolio of upcoming projects and holds an extremely good position in the PV inverter manufacturer ranking. Over the last three years, Ingeteam has delivered its PV inverters to twenty-four solar schemes of this type and it is currently supplying four of its Inverter Stations featuring 1500V technology to two more solar plants in Chile.

In order to guarantee the correct operation of the electricity system, the PMGD must implement some minimum electrical protection safeguards at the coupling switch. These functions are performed by Ingeteam’s PL70SV, which is now operating in more than 20 installations of this type. Ingeteam has supplied control and protection systems to the Chilean market for the grid connection of more than 1,100 MW of non-conventional renewable energy to more than two hundred installations, wind power and PV power alike.

Furthermore, Ingeteam has also secured its position as a leader in the operation and maintenance (O&M) of renewable energy generation plants. In Latin America, the company provides maintenance services to a total of 3 GW, of which 980 MW correspond to Chile, accounting for 25% of the country’s total installed renewable power. In the solar sector in Chile, Ingeteam maintains a total of 370 MW. This record figure was primarily achieved thanks to the presence of Ingeteam in the Atacama desert.

Source : ingeteam

MELBOURNE : Delta Electronics Australia Pty Ltd. showcased its wide range solutions for smart and green operations at All Energy Australia 2019 at the Melbourne Convention Centre. As Australia’s most comprehensive clean and renewable energy event, All Energy was an excellent opportunity for Delta to launch its new DC City Charger and AC MAX charger products for EV charging alongside its Solar Hybrid Solution with its new H5A Solar Inverter and AC Coupled Battery.

Delta’s broad event showcase included Photovoltaic (PV) inverters, Electric Vehicle (EV) charging, LED lighting and industrial automation products that integrate as solutions. Speaking at the Delta stand RR101, Country Manager for Delta Electronics (Australia) Pty Ltd, Mr. David Leal said, “Delta has been leveraging our industry leading power supply technology to develop highly efficient and reliable energy management products such as the EV charging stations and photovoltaic inverters you are seeing today at our booth. All Energy is an important annual event for Delta where we showcase our latest products and complete solutions for the Australian market.”

The event’s convergence of green energy products and solutions attracted many industry professionals interested in Delta’s solar and EV charging offerings. Delta’s product launches included:

• New DC City Charger: An ideal solution for high-efficiency urban EV charging with 94% power efficiency. Users can enjoy 50kW/100kW simultaneous charging with its dynamic load distribution capability. Operators can leverage its OCPP and network connectivity for the back end system integration including user management, remote control and energy management. Its IP55 rated protection, modular design and small footprint make it easy to install and reliably operate around the city.
• New AC MAX: A smart 22kW AC charger, with low standby power consumption, ideal for business and home use. Owners get RFID and ISO 15118 authentication features that make user management straight forward. The compact design and IP55/IK08 protection make this charger well-suited for outdoor and space limited sites. The charger is OCPP compliant for back end system integration and also has built-in network connectivity for remote management.
• New AC Battery Solution: This battery solution will integrate with any solar installation regardless of the inverter installed and provide power to your home when users most need it. The BX6.3/12.6AC Solution stores energy generated from solar systems or can be charged from the grid during off peak periods.
• New 5kW PV Inverter: The H5A_222 inverter released at All Energy 2019 continues its ultra-low start-up voltage of 35vDC, small footprint and no fan, built-in DC isolator and built-in smart meter for consumption monitoring making it perfect for unobtrusive and quiet installation and operation. When paired with the BX6.3AC series battery, customers have a fully-monitored solar and battery system.

Besides the product launches, Delta’s new positioning solution system attracted many visitors to the booth as a working example of how a Wi-Fi connected precision positioning solution provides operators a highly reliable and market leading efficient solution for industrial applications. Delta’s intelligent and energy-efficient industrial automation products and solutions give manufacturers maximum control and allow them to unleash their full productive potential.

In addition, Delta joined the conference discussions on smart city technology. Mr. Adam Carey, Delta ANZ Regional Manager of Smart LED Lighting, presented-The future of city electrics and smart city technology at the Energy Efficiency Conference on held on 24th October. Mr. Carey’s presentation explored the evolvement of smart city technologies and presented new business models to consider for a new smart energy future that delivers customers: flexibility and efficiency with a customer-centric approach.

With R&D, manufacturing and sales networks spanning the globe, Delta delivers innovation to support Australian businesses and homeowners go greener and operate smarter every day. Delta’s passion for intelligent and energy-efficient solutions that benefit stakeholders underpins the company brand promise: Smarter. Greener. Together.

About Delta Electronics (Australia) Pty Ltd

Delta Electronics (Australia) Pty Ltd is a subsidiary of Delta Electronics (Thailand) PCL. As a Delta Group company, Delta Australia is committed to its mission statement “To provide innovative, clean and energy-efficient solutions for a better tomorrow”. Delta Group is a global producer of power and thermal management products and solutions which is supported by sales offices worldwide and by R&D centers and manufacturing facilities in Taiwan, mainland China, USA, Europe, Thailand, Japan, Singapore, India, Mexico, and Brazil.

Delta’s business categories include Power Electronics, Automation, and Infrastructure. In Australia, Delta is rapidly expanding into solutions for Renewable Energy Solutions (Solar Inverters), Industrial Automation, Power Quality, LED Lighting, Display and Control Room, Mission Critical Infrastructure, Electric Vehicle Charging and Energy Storage.

Source : asiaone

• Series production has already started, with an order for 200 units for Brazil

Pamplona, Spain: Ingeteam is finalizing the launch of its new INGECON® SUN 160TL photovoltaic string inverter, offering the possibility of achieving a power output of 160 kWAC in a single 75kg/165lbs unit. This inverter, which has already been physically showcased at a number of national and international fairs, is now at the production stage thanks to an order for two hundred units for the Brazilian market.

This new three-phase inverter, featuring 1500 Vdc technology, is suitable for indoor and outdoor installation alike, and is primarily directed at multi-megawatt projects, in other words large-scale solar PV plants.

In addition to its high power density, the inverter’s main features include its high maximum efficiency (99.1%), Wi-Fi and Ethernet and PLC (power line) communications supplied as standard, and advanced grid support functionalities, with low voltage ride-through and reactive power capability.

A further key advantage lies in its significant cost savings potential, given the fact that its high power density means that it is possible to drastically reduce the number of inverters to be installed and, therefore, the total amount of cabling. Furthermore, no connection boxes are required (either in DC or AC) and neither is a neutral cable necessary, thereby reducing the total AC cabling cost by up to 20%. All this leads to huge reductions in capital expenditures (CAPEX).

This inverter also offers lower operating costs, thanks to the Wi-Fi communication which is supplied as standard, making it possible to start-up, monitor and control the PV installation through either a mobile phone, tablet or laptop. Furthermore, its string inverter philosophy guarantees minimum potential maintenance requirements, with no need to vacuum the inverter interior or to check the state of the fuses, or the thermal magnetic breaker or torque.

The new Ingeteam inverter can be supplied in two different versions (STD and PRO) in order to adapt to customer needs and to the technical requirements of as many projects as possible.

This PV inverter is part of the INGECON® SUN 3Play family which has PV inverters installed in more than 15 countries and which, up to now, had power outputs of between 20 to 100 kW.

About the Ingeteam group

Ingeteam is an international group specializing in power and control electronics (inverters, frequency converters, controllers and protections) and electrical engineering and automation projects. Its range of products includes generators and electric motors, as well as Indar submersible pumps. It completes its products and systems portfolio with operation & maintenance services.

Ingeteam develops its products for the following sectors: wind, PV, hydro and fossil fuel power generation; metal processing industry; marine; rail traction; power grid, including substations, covering transmission and distribution, always striving to optimize power generation and consumption. The Group operates throughout the world, with permanent facilities in 22 countries, employing 3,900 persons. R&D is the backbone of its business activity, in which 5.5% of the company’s turnover is invested annually.

Source: Ingeteam

SHENZHEN, China: Growatt has been actively exploring the solar market in the Americas this year. From September 23-26 at Solar Power International 2019, Growatt showcased its new XH series of storage ready inverters, attracting many visitors at the booth.

Future-Proof PV Solution

MIN 2500-6000TL-XH has a storage ready feature. The inverter works with a low voltage battery and has a battery interface which can be easily extended later to a storage system without retrofit cost. It is perfect for home owners who are looking to convert their rooftop PV systems into solar storage systems in the future.

Up-To-Date Design and Better Experience

Considered as the most up-to-date solution for residential solar plants in the industry, TL-XH inverter has modern and compact design, and is very attractive to end users at first glance. TL-XH adopts integrated top cover case design and there’re no screws on front cover. The design has fewer gaps and provides better protection against water and dust. Aerospace grade materials are used for TL-XH, making the inverter light, durable and flame-retardant. It is around 10.8kg, 35% lighter when compared with other old generation inverters.

To achieve better HMI experience, it is designed with OLED display and touch button. OLED display is premium materials and consumes less power. Its touch button is more durable and can last over three million clicks.

Safe and Reliable with Online Monitoring

Moreover, internally the inverter has invisible cable routing. Its advanced internal design and patented inductance technology optimized heat dissipation for the inverter. Therefore, the inverter can work under harsh conditions, such as salty air, humidity, and high and low temperatures.

TL-XH has great protection with Type II SPD on DC side, connection protection and optional AFCI. It has two MPP trackers and 1.4 DC/AC ratio. Its string current can reach 12.5A and is compatible with bifacial modules. For system monitoring and remote O&M, customers have multiple options such as WIFI-X, GPRS-X, 4G-X, RF or RS485. With the datalogger installed, customers can have access to Growatt Online Smart Service platform for reporting issues and troubleshooting.

Source: Growatt

Since September 18-20 2019，Renewable Energy India expo，was held in New Delhi, India which is a good platform discussion between user & developer for business strategy, future business scope & transparently meet with organization peoples. It’s a one stop solution for Solar systems products. Sofarsolar attended this exhibition and showed the bestselling products including new inverter ranges such as the single phase inverter (1-7.5kW),three phase inverter (4-70kW), hybrid inverter (3-6kW), battery and AC charger.

During the expo，Sofarsolar achieved a complete success and laid a solid foundation for accelerating the pace of Indian market in the next step.

Indian PV market  plays an important part for Sofarsolar international market expansion，since then Sofarsolar system has been installed on the buildings of prestigious Business buildings, Industrial’s Slanted roofs, Local houses under guidance of Rooftop Policy and Commercial Projects in India. Sofarsolar is continuously winning most selling Inverters in Gujarat under GEDA rooftop policy & other states also good quantum installation database with prompt service support. We well positioned to become a major player in commercial roof-top &utility-scale PV installations.

SOFAR inverters are installed in the farms under SKY PROJECT (Surya Kisan Yojana) initiative of GUJARAT Government at different Feeders covering GUJARAT region. For example, Sofarsolar has provided more than 28MW inverters to SKY PROJECT-GUJARAT. And SOFARSOLAR has another projection which is more than 50MW for SKY PROJECT. In this Project SOFAR 6.6KW to 70KW three Phase models installed with compatibility of synchronize with Three phase motors, communicating with dataloggers via RS-485 and various grid voltage ranges.
Now, Sofarsolar has earned an important position in the field of PV inverter in India. With the continuous growth of the power demand, Sofarsolar will seize the market development opportunity, launching more solar inverters to suit market demand, deepen service, further expand the Indian market, and increase the share of Indian market, to improve brand recognition.

Source: Sofar

SALT LAKE CITY:  Sungrow, the world’s most bankable inverter brand, presented the latest product portfolio for PV and energy storage applications at Solar Power International (SPI), in a bid to meet the ever-evolving North American energy demand and bolster the efforts in supporting local state-level renewable energy deployment and carbon emission targets.

SG250HX-US: the World’s Most Powerful 1500 Vdc String Inverter

The world’s most powerful 1500 Vdc string inverter, the SG250HX-US, drew a large audience at the show. Equipped with 12 MPPTs and compatible with bifacial modules, the compact inverter is customized for applications in complex terrain.

Another flagship 1500 Vdc solution optimized for large-scale utility plants on display was the turnkey station SG3150U-MV, which enables easier transportation and installation and a high DC/AC ratio of 1.5.

SG33CX-US, SG55CX-US: Industry-leading Commercial Solutions

The latest string inverters, such as SG33CX-US and SG55CX-US, focusing on commercial & industrial segments were on display as well. These multi-MPPT portfolios tailored to North American market, enables flexible vertical and horizontal installation and can endure difficult conditions. With built-in PID recovery function, the solutions maintain unprecedented yields for solar plants. The solutions ensure smart O&M through an online monitoring system as well.

ST556kWh-250UD: Stand-out Energy Storage System Solutions

Sungrow also unveiled comprehensive energy storage systems at the show, with the new solution ST556kWh-250UD being a main highlight. Supplied by the joint venture of Sungrow and Samsung SDI, this all-in-one solution is tailored to C&I projects with compact design, small footprint and optimized thermal performance, guaranteeing minimized system operation overhead and warranty claim hassles in response to the high demand of peak shaving, frequency regulation and demand charge management. Given the cutting-edge technology, over 300 MWh of Sungrow energy storage system solutions were deployed in the Americas by June 2019.

Over 3 GW: Excellent Performance Across the Americas

As one of the key players in this established vibrant solar hub, Sungrow has a deep footprint in the United States, supplying some landmark projects, such as the largest solar projects in Wyoming and Washington State, the biggest plant in Rhode Island, as well as the 200 MW Techren-2 solar farm in Nevada. This year, Sungrow is expected to deploy over 3 gigawatts of its technology across the Americas.

“While on the fast track developing tech innovations to power more communities, Sungrow is in pursuit of sustainable development with excellent products and solutions as well as 100% bankability,” said Hank Wang, President of Sungrow Americas. Notably, as the most bankable inverter brand, Sungrow is the No.1 supplier in financed projects, according to BloombergNEF.

About Sungrow

Sungrow Power Supply Co., Ltd (“Sungrow”) is the world’s most bankable inverter brand with over 87 GW installed worldwide as of June 2019. Founded in 1997 by University Professor Cao Renxian, Sungrow is a leader in the research and development of solar inverters, with the largest dedicated R&D team in the industry and a broad product portfolio offering PV inverter solutions and energy storage systems for utility-scale, commercial, and residential applications, as well as internationally recognized floating PV plant solutions. With a strong 22-year track record in the PV space, Sungrow products power installations in over 60 countries, maintaining a worldwide market share of over 15%. Learn more about Sungrow by visiting www.sungrowpower.com.

Source: Sungrow Power Supply Co., Ltd

A million up!

The millionth Fronius Snap Inverter hits the road

Fronius have been working in the area of solar energy since 1992. Much has happened since: Fronius have revolutionised the market with our PC board replacement technology and are setting new standards in customer support with the Fronius Service Partner program. And with Fronius SnapINverters, we have taken the installation and maintenance of inverters to a new level in line with the ‘Seen one, seen them all’ concept.

The Fronius Snap INverter was launched in 2013. For six years now, the ‘snappys’ have been inspiring customers right around the world, whether in single-phase or three-phase markets. That’s for both small roof-mounted systems for private households and large-scale commercial use, right through to the Megawatt range.

A million is just  the start

This summer we produced the millionth Fronius SnapINverter; next goal: the second million. Join us as we follow our inverter on its journey from production to Installation.

About Fronius Solar Energy

 The Fronius Business Unit (BU) Solar Energy has been developing photovoltaic energy solutions and distributing its products through a global network of expert installation, service and sales partners since 1992. More than 20 Solar Energy subsidiaries, an export ratio of over 90 percent and a total output of more than 14 Gigawatts from installed inverters are testament to this. Its mission is to achieve 24 hours of sun. Day after day Fronius is hard at work turning this vision of a future in which 100% of the world’s energy needs are covered by renewable sources into a reality. With this in mind, Fronius develops energy solutions to generate, store, distribute and consume solar energy economically and intelligently.

About Fronius

 Fronius is an Austrian company with Indian headquarters in Pune and other regional offices in Delhi, Ahmedabad, Chennai and Banagalore. With 4,760 employees worldwide, and 120+ employees in India, the company is active in the fields of welding technology, photovoltaics and battery charging technology. Around 92% of its products are exported through 30 international Fronius subsidiaries and sales partners/representatives in over 60 countries. With its innovative products and services and 1,253 granted patents, Fronius is the global innovation leader.

Source: fronius

Ingeteam has revamped the equipment of the solar PV plant of Campillos, Málaga. Specifically nine aged units have been replaced with Ingeteam’s INGECON SUN 100TL inverters in order to avoid losses due to equipment availability, while extending the useful life of the plant.

This activity is in line with Sonnedix’s strategy as a long-term asset owner, managing and investing in guaranteeing the operational excellence of its plants. The new inverter model will improve the availability of the equipment, and thus the solar PV plant, and ensure the plant performs to its expected level.

This photovoltaic park was inaugurated in 2008, the first one set up in the province of Málaga and owned by Sonnedix, occupying an area of 6.8 hectares, equivalent to approximately 7 football fields, and generating energy for some 3,000 homes per year.

The operation lasted 4 weeks and consisted in deploying nine INGECON SUN inverters of 100kWac. The main characteristic of this equipment is that they can deliver the nominal power up to 50ºC of ambient temperature. In addition, its high MPP voltage range (maximum power point), from 513 to 850 V, allows it to extract the expected performance of solar panels. Furthermore, these inverters integrate Wi-Fi communication as standard, facilitating and speeding up the work of local and remote monitoring.

The replacement of inverters has also included the reconfiguration of the strings of the photovoltaic plant in order to accommodate for the new MPPT operating window of the inverters while maintaining the original installed peak power.

At present, Ingeteam has several projects to improve and optimize photovoltaic plants that, due to the lack of performance, the disappearance of the manufacturers or the lack of after-sales service in Spain, has resulted in owners trusting the service and the consolidated product line of Ingeteam.

Source: ingeteam

AN PAULO : Sungrow, the global leading inverter solution supplier for renewables, showcased its latest PV inverter solutions tailored for utility-scale and distributed generation installations at Intersolar South America 2019, demonstrating its mission of clean power for all through consistent efforts in providing world class products and post-sales service for the Latin American renewable energy sector.

Latin America is one of the most vibrant emerging solar hubs with abundant sunshine and favorable government incentives. Sungrow’s comprehensive product portfolio equipped with high reliability is installable on all type of terrain in diverse climates, which is fueling demand for more clean power for local communities.

The SG250HX, an anticipated product drew tens of hundreds of attendees at the booth. As the world’s most powerful 1500 Vdc string inverter, SG250HX charaterizes the optimal protection capacity of IP66 and 12 MPPTs, maximizes yields while coupling with bifacial module and tracking system. Enabling up to 6.3 MW block design, it’s a solution for hilly utility-scale plants.

Optimized for large-scale utility flat ground plants, the 1500 Vdc 6.8 MW turnkey solution Sungrow presented features the integration of the central inverter SG3400HV and a MV station. The solution with a high DC/AC ratio of 1.5 and typical block design can minimize the LCOE.

To address the regional growing demand on distributed generation PV segment, the company unveiled a wide portfolio including multi-MPPT inverter SG110CX and SG50CX, the ideal match for commercial and industrial PV installations. Residential rooftop focused products on display were string inverters ranging from 2 kW to 8 kW in size. With compact design and innovative friendly end-user interface, the products were developed to help homeowners utilize clean energy while allowing for cost savings.

“Sungrow is always committed to technical innovation which drives our rapid growth. We’ll continue to offer an extremely competitive product portfolio to customers and keep expanding distribution channels with local partners,” said Hank Wang, President of Sungrow Americas.

Since entering the Latin American market in late 2010s, Sungrow has been making big moves with inverters supplied to monumental projects, in particular a 400 MW solar park in Chile, a 100.1 MWp project in Argentina and an 80MW project in Brazil in addition to hundreds of distributed generation in partnership with local distributors.

About Sungrow

Sungrow Power Supply Co., Ltd (“Sungrow”) is a global leading inverter solution supplier for renewables with over 87 GW installed worldwide as of June 2019. Founded in 1997 by University Professor Cao Renxian, Sungrow is a leader in the research and development of solar inverters, with the largest dedicated R&D team in the industry and a broad product portfolio offering PV inverter solutions and energy storage systems for utility-scale, commercial, and residential applications, as well as internationally recognized floating PV plant solutions. With a strong 22-year track record in the PV space, Sungrow products power installations in over 60 countries, maintaining a worldwide market share of over 15%.

Source : Sungrow Power Supply Co., Ltd

New commercial and residential PV solutions to be presented at Intersolar South America

SÃO PAULO: SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a global leader in smart energy, announced today that it is further expanding its activity and presence in the Brazilian PV market. Supporting the local market in its development, SolarEdge is offering its industry-leading residential and commercial DC optimized inverter solutions, which will be presented at Intersolar South America. Demonstrating its long-term commitment to activity in the region, SolarEdge has created a local entity and will now provide local sales and technical support from its newly opened office in São Paulo.

As a leading global PV inverter company, SolarEdge is already active in Brazil’s commercial PV market through local distributors, Ecori Energia Solar and Sices Brazil Ltda. SolarEdge is enhancing its commercial solution in Brazil with the introduction of three phase inverters with synergy technology up to 100kW that fit the 127/220, 220/380 and 277/480 grid types. Based on small, lightweight, and easy-to-carry units, these inverters combine large capacity with ease of installation.

SolarEdge is also introducing its residential PV portfolio to the Brazilian market, which includes its single-phase inverters with HD-Wave technology, smart energy suite, and EV charging single-phase inverters.

“SolarEdge has identified the Brazilian solar energy market as a promising one and is dedicated to supporting its growth and the country’s renewable energy commitments,“ stated Zivi Lando, VP Global Sales and acting CEO at SolarEdge. “Leveraging our track record in the global solar industry, we are tailoring our market leading smart energy solutions to the local needs in order to help advance Brazil’s PV landscape.“

The SolarEdge solution consists of inverters, power optimizers, and a cloud-based monitoring platform. The SolarEdge system enables superior power harvesting and module management by deploying power optimizers to each PV module while maintaining a competitive system cost by keeping the AC inversion and grid interaction centralized using a simplified DC-AC inverter. Since each solar module on the roof performs independently, this provides greater energy production, design flexibility, module-level visibility and enhanced safety. Offering significantly longer warranties than industry standard, SolarEdge power optimizers have a 25-year warranty and inverters have a 12-year warranty, extendable to 20 or 25 years.

SolarEdge will be presenting its commercial and residential smart solar product portfolio at Intersolar South America. Attendees are invited to visit SolarEdge at booth #D46 to meet with local and global management teams and learn more about SolarEdge’s product offerings.

About SolarEdge:

SolarEdge is a global leader in smart energy technology. By leveraging world-class engineering capabilities and with a relentless focus on innovation, SolarEdge creates smart energy solutions that power our lives and drive future progress. SolarEdge developed an intelligent inverter solution that changed the way power is harvested and managed in photovoltaic (PV) systems. The SolarEdge DC optimized inverter seeks to maximize power generation while lowering the cost of energy produced by the PV system. Continuing to advance smart energy, SolarEdge addresses a broad range of energy market segments through its PV, storage, EV charging, batteries, UPS, electric vehicle powertrains, and grid services solutions. SolarEdge is online at solaredge.com

HERZLIYA, Israel: SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), announced today that in the past few days, Co-Chairman, CEO and founder, Mr. Guy Sella’s previously disclosed health condition has declined significantly. In that connection, he has taken a leave of absence, effective immediately, to address his health issues.

The Board of Directors has announced that Mr. Zvi (Zivi) Lando, has been appointed to serve as Acting Chief Executive Officer.

“As is well known, Mr. Lando has been a part of the executive management team since 2009, and has a proven track record on sales and execution,” said Co-Chairman Nadav Zafrir. “The circumstances of this appointment are very sad. Having said that, the Board of Directors is confident that he will continue to take the Company forward on its current path of growth and success.”

Mr. Lando has served as EVP Global Sales since joining SolarEdge in 2009. Prior to joining SolarEdge, Mr. Lando held several different technology and management positions at Applied Materials, including in his last role, as Vice President and General Manager of Baccini Cell Systems Division in the Applied Materials Solar Business Group.

The Company also announced its plans to hold an analyst day for investors in November of this year.

About SolarEdge

SolarEdge is a global leader in smart energy. By leveraging world-class engineering capabilities and with a relentless focus on innovation, SolarEdge creates smart energy solutions that power our lives and drive future progress. SolarEdge developed an intelligent inverter solution that changed the way power is harvested and managed in photovoltaic (PV) systems. The SolarEdge DC optimized inverter seeks to maximize power generation while lowering the cost of energy produced by the PV system. Continuing to advance smart energy, SolarEdge addresses a broad range of energy market segments through its PV, storage, EV charging, batteries, UPS, electric vehicle powertrains, and grid services solutions. SolarEdge is online at solaredge.com

Herzliya, Israel: SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a global leader in smart energy technology, announced today the appointment of Mr. Uri Bechor as Chief Operating Officer.

Mr. Bechor brings to SolarEdge over twenty years of experience serving in both senior vice president and GM level roles at Flextronics International Ltd. In his last position, Mr. Bechor served as Senior Vice President, Global Operations, Europe and the Americas where he oversaw more than forty manufacturing sites and was responsible for revenues of more than $10 billion.

“I am very excited to be joining SolarEdge during its continued expansion through acquisitions and organic growth,” said Mr. Bechor. “I was the General Manager of Flextronics Israel when SolarEdge began production in 2010, and I know well the products and many of the management and operations team. I am honored and poised to address the opportunities and challenges that lie ahead,” stated Mr. Bechor.

“Uri is a key addition to our growing executive management team,” stated Nadav Zafrir, Co- Chairman of SolarEdge. “We are excited to welcome him to our team and confident that he will significantly enhance our operations capabilities and execution. Mr. Bechor will no doubt contribute greatly to the operational aspects needed to grow both our core smart energy business and our recently acquired businesses, including lithium ion cells and batteries of Kokam.”

About SolarEdge
SolarEdge is a global leader in smart energy. By leveraging world-class engineering capabilities and with a relentless focus on innovation, SolarEdge creates smart energy solutions that power our lives and drive future progress. SolarEdge developed an intelligent inverter solution that changed the way power is harvested and managed in photovoltaic (PV) systems. The SolarEdge DC optimized inverter seeks to maximize power generation while lowering the cost of energy produced by the PV system. Continuing to advance smart energy, SolarEdge addresses a broad range of energy market segments through its PV, storage, EV charging, batteries, UPS, electric vehicle powertrains, and grid services solutions. SolarEdge is online at solaredge.com

Source: solaredge

HEFEI, China : Sungrow, the global leading inverter solution supplier for renewables, announced that it was rated “100% bankable” by BloombergNEF among inverter firms in its latest survey, demonstrating that projects using Sungrow inverters are more likely to obtain non-recourse debt financing from banks compared to other competitors.

The BloombergNEF bankability survey asked banks, developers and technical due diligence firms, which brands out of 17 inverter manufacturers they considered bankable. BloombergNEF is recognized by numerous international financial institutions as among the most credible third-party renewable energy research hubs, asked about bankability for inverters for the first time. Sungrow is one of the few inverter companies to be ranked as 100% bankable.

The survey highlights the creditworthiness and reliability of partnering with Sungrow considering comprehensive dimensions of evaluation, in particular, long-term warranties and insurance, local support and superior product quality. Notably, Sungrow has an industry-leading testing center certified by all major international certification bodies including TÜV Rheinland, TÜV SÜD, CSA, UL and CNAS. Sungrow inverters have passed over one thousand independent quality and reliability tests, a feat unmatched by the majority of inverter manufacturers.

“We are proud of being the preferred brand for customers, partners and financial organizations,” said Cao Renxian, Chairman of Sungrow. “Sungrow is providing state-of-the-art products with continued efforts on R&D. And we are establishing ourselves as the comprehensive service platform with a footprint across six continents.”

Notably, the currently released H1 financial report of Sungrow shows 14.56% year on year growth in revenue, indicating the Company’s robust drive to sustainable economy. The Company’s expansion internationally is particularly significant, now holding leading market positions in the Americas, Southeast Asia and elsewhere.

About Sungrow

Sungrow Power Supply Co., Ltd (“Sungrow”) is a global leading inverter solution supplier for renewables with over 87 GW installed worldwide as of June 2019. Founded in 1997 by University Professor Cao Renxian, Sungrow is a leader in the research and development of solar inverters, with the largest dedicated R&D team in the industry and a broad product portfolio offering PV inverter solutions and energy storage systems for utility-scale, commercial, and residential applications, as well as internationally recognized floating PV plant solutions. With a strong 22-year track record in the PV space, Sungrow products power installations in over 60 countries, maintaining a worldwide market share of over 15%.

Source : Sungrow Power Supply Co., Ltd

CAFAYATE, Argentina: Sungrow, the global leading inverter solution supplier for renewables, announced that a 100.1 MWp solar plant utilizing the Company’s 1500Vdc central inverter solutions came online in Cafayate, Salta Province, Argentina, demonstrating the Company’s dedicated contribution to the largest solar plant in one of LATAM’s most booming solar energy regions.

The project is located in Cafayate, a region optimized for solar energy due to a high-volume of sunny days, while frequented by sandstorms, putting solar project equipment susceptible to significant wear-and-tear. Embedded with a high protection level and smart forced air-cooling technology, the 6.25 MW turnkey solution with Sungrow central inverter SG3125HV for 1500Vdc system can perform efficiently and stably even in harsh environments, making it the ideal match for the plant.

Optimized for large-scale utility PV plant, the solution enables high yields with maximum inverter efficiency of 99% and DC/AC ratio up to 1.5 while at the same time ensures low transportation and installation cost due to standard container design. Early this May, Sungrow secured deal for 400 MW solar park in Chile, utilizing the solution as well.

The solar park was selected by Argentinean government in the second round (Ronda 1.5) of the country’s RenovAr auction program for large-scale renewable energy plants. It is expected to supply approximately 240 GWh of clean power to the Argentinean power system per year and bring hundreds of job creations for local communities, contributing to the national renewable ambition of the emerging solar hub.

“We are delighted to partner with Sungrow to build the landmark project in this country with vital solar resource and look forward to collaborating on more ventures in the near future in line with the extension of ‘the Belt and Road’ initiative,” said an executive from PowerChina, the EPC of the solar plant.

“We are very proud to be a part of this monumental 100.1 MWp project which will provide thousands of Argentinians with clean energy,” said James Wu, Vice President of Sungrow. “This will have positive effects on local economy–tap the potential of renewable energy further and diversify the energy mix,” he added.

Since entering the Latin American market in late 2010s, Sungrow team has been establishing itself as the comprehensive technical, service and sales platform. Currently, the Company’s shipment in the region approaches 1 GW. Furthermore, a wide range of product portfolio will be showcased in the upcoming solar function, Intersolar South America 2019 (27-29, August, Booth D36), representing its commitment to technical innovation and concerns for local demand.

About Sungrow

Sungrow Power Supply Co., Ltd (“Sungrow”) is a global leading inverter solution supplier for renewables with over 87 GW installed worldwide as of June 2019. Founded in 1997 by University Professor Cao Renxian, Sungrow is a leader in the research and development of solar inverters, with the largest dedicated R&D team in the industry and a broad product portfolio offering PV inverter solutions and energy storage systems for utility-scale, commercial, and residential applications, as well as internationally recognized floating PV plant solutions. With a strong 22-year track record in the PV space, Sungrow products power installations in over 60 countries, maintaining a worldwide market share of over 15%. Learn more about Sungrow by visiting www.sungrowpower.com.

Source: Sungrow Power Supply Co., Ltd

FREMONT, Calif. : SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy, today announced its financial results for the second quarter ended June 30, 2019.

Second Quarter 2019 Highlights

• Record revenues of $325.0 million
• Record revenues from solar products of $306.7 million
• GAAP gross margin of 34.1%
• GAAP gross margin from sale of solar products of 36.4%
• Non-GAAP gross margin from sale of solar products of 36.9%
• GAAP net income of $33.1 million
• Record Non-GAAP net income of $49.3 million
• GAAP net diluted earnings per share (“EPS”) of $0.66
• Record Non-GAAP net diluted EPS of $0.94
• 1.3 Gigawatts (AC) of inverters shipped

“We are pleased to conclude a strong second quarter of record revenues, record non-GAAP net income and record non-GAAP net diluted EPS. We continue to generate strong cash flow while strengthening our position as the global leader in the inverter market,” said Guy Sella, founder, Chairman and CEO of SolarEdge. “Despite the effect of increased tariffs on certain Chinese made products, our non-GAAP solar business gross margin was strong, at approximately 37%, slightly higher than the same quarter last year. The integration of the acquired non-solar businesses is proceeding on schedule and we expect growth in each new line of business in the upcoming quarters. We see strong customer demand for our products worldwide and we are building the needed capacity both in China and outside of China to meet the needs of our customers.”

Second Quarter 2019 Summary

The Company reported record revenues of $325.0 million, up 20% from $271.9 million in the prior quarter and up 43% from $227.1 million in the same quarter last year.

Revenues related to the solar business were $306.7 million, up 21% from $253.1 million in the prior quarter and up 35% from $227.1 million in the same quarter last year.

GAAP gross margin was 34.1%, up from 31.7% in the prior quarter and down from 36.1% year over year. This quarter’s gross margins were negatively impacted by the increase in US tariffs on China made products.

Non-GAAP gross margin was 35.7%, up from 32.8% in the prior quarter and down from 36.5% year over year.

GAAP gross margin for the solar business was 36.4%, up from 33.8% in the prior quarter.

Non-GAAP gross margin for the solar business was 36.9%, up from 34.3% in the prior quarter.

GAAP operating expenses were $65.3 million, up 12% from $58.1 million in the prior quarter and up 58% from $41.3 million in the same quarter last year.

Non-GAAP operating expenses were $54.9 million, up 14% from $48.0 million in the prior quarter and up 56% from $35.1 million in the same quarter last year.

GAAP operating income was $45.4 million, up 62% from $28.0 million in the prior quarter and up 12% from $40.7 million in the same quarter last year.

Non-GAAP operating income was $61.0 million, up 48% from $41.2 million in the prior quarter and up 28% from $47.8 million in the same quarter last year.

GAAP net income was $33.1 million, up 74% from $19.0 million in the prior quarter and down 4% from $34.6 million in the same quarter last year.

Non-GAAP net income was $49.3 million, up 50% from $32.9 million in the prior quarter and up 21% from $40.6 million in the same quarter last year.

GAAP net diluted EPS was $0.66, up from $0.39 in the prior quarter and down from $0.72 in the same quarter last year.

Non-GAAP net diluted EPS was $0.94, up from $0.64 in the prior quarter and up from $0.82 in the same quarter last year.

Cash flow from operating activities was $50.8 million, down from $56.5 million in the prior quarter and up from $43.9 million in the same quarter last year.

As of June 30, 2019, cash, cash equivalents, bank deposits, restricted bank deposit and marketable securities totaled $373.6 million, compared to $398.7 million on March 31, 2019 after all payments related to the acquisition of SMRE shares.

Outlook for the Third Quarter 2019

The Company also provides guidance for the third quarter ending September 30, 2019 as follows:

• Revenues to be within the range of $395 million to $410 million
• Gross margin expected to be within the range of 32% to 34%
• Revenues from solar products to be within the range of $375 million to $390 million
• Gross margin from sale of solar products expected to be within the range of 33% to 35%

Conference Call

The Company will host a conference call to discuss these results at 4:30 P.M. ET on Tuesday, August 6, 2019. The call will be available, live, to interested parties by dialing 800-353-6461. For international callers, please dial +1 334-323-0501. The Conference ID number is 9972180. A live webcast will also be available in the Investors Relations section of the Company’s website at: http://investors.solaredge.com

A replay of the webcast will be available in the Investor Relations section of the Company’s web site approximately two hours after the conclusion of the call and will remain available for approximately 30 calendar days.

About SolarEdge

SolarEdge is a global leader in smart energy. By leveraging world-class engineering capabilities and with a relentless focus on innovation, SolarEdge creates smart energy solutions that power our lives and drive future progress. SolarEdge developed an intelligent inverter solution that changed the way power is harvested and managed in photovoltaic (PV) systems. The SolarEdge DC optimized inverter seeks to maximize power generation while lowering the cost of energy produced by the PV system. Continuing to advance smart energy, SolarEdge addresses a broad range of energy market segments through its PV, storage, EV charging, batteries, UPS, electric vehicle powertrains, and grid services solutions. SolarEdge is online at solaredge.com

Use of Non-GAAP Financial Measures

The Company has presented certain non-GAAP financial measures in this release, such as non-GAAP net income, non-GAAP net diluted EPS, non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating income and non-GAAP gross margin from sale of solar products. Generally, a non-GAAP financial measure is a numerical measure of a company’s performance, financial position, or cash flows that either exclude or include amounts that are not normally excluded or included in the most directly comparable measure calculated and presented in accordance with generally accepted accounting principles in the United States, or GAAP. Reconciliation of each non-GAAP financial measure to the most directly comparable GAAP financial measure can be found in the accompanying tables to this release. These non-GAAP financial measures do not reflect a comprehensive system of accounting, differ from GAAP measures with the same captions and may differ from non-GAAP financial measures with the same or similar captions that are used by other companies. As such, these non-GAAP measures should be considered as a supplement to, and not as a substitute for, or superior to, financial measures calculated in accordance with GAAP.

The Company uses these non-GAAP financial measures to analyze its operating performance and future prospects, develop internal budgets and financial goals, and to facilitate period-to-period comparisons. The Company believes that these non-GAAP financial measures reflect an additional way of viewing aspects of its operations that, when viewed with its GAAP results, provide a more complete understanding of factors and trends affecting its business.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

This release contains forward looking statements which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include information, among other things, concerning: our possible or assumed future results of operations; future demands for solar energy solutions; business strategies; technology developments; financing and investment plans; dividend policy; competitive position; industry and regulatory environment; general economic conditions; potential growth opportunities; and the effects of competition. These forward-looking statements are often characterized by the use of words such as “anticipate,” “believe,” “could,” “seek,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would” or similar expressions and the negative or plural of those terms and other like terminology.

Forward-looking statements are only predictions based on our current expectations and our projections about future events. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by the forward-looking statements. Given these factors, you should not place undue reliance on these forward-looking statements. These factors include, but are not limited to, the matters discussed in the section entitled “Risk Factors” of our Annual Report on Form 10-K for the year ended December 31, 2018, filed on February 28, 2019, Current Reports on Form 8-K and other reports filed with the SEC. All information set forth in this release is as of August 6, 2019. The Company undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations.

Source : solaredge

• Sold inverter power with 4.0 GW below previous year’s level (H1 2018: 4.3 GW)
• Sales of 362.7 million euros (H1 2018: 394.6 million euros) and operating earnings before depreciation, interest and taxes (EBITDA) of 8.5 million euros (H1 2018: 40.9 million euros)
• Balance sheet stability thanks to solid equity ratio of 41.9 percent (December 31, 2018: 42.9 percent) and net liquidity of € 268.2 million (December 31, 2018: € 305.5 million)
• Very high order backlog of EUR 818.7 million, including EUR 453.1 million in product business (31/12/2018: EUR 175.4 million in product business)
• Cost reduction program is proceeding according to plan
• Management Board confirms sales and earnings forecast for financial year 2019

In the first half of 2019, SMA Solar Technology AG (SMA / FWB: S92) sold inverters with a total output of around 4.0 GW (H1 2018: 4.3 GW). Compared to the first half of 2018, revenue decreased by 8.1 percent to € 362.7 million (H1 2018: € 394.6 million). This is attributable in particular to the still weak project business in the first half of the year. By contrast, SMA recorded a significant increase in sales of private rooftop systems. Earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to EUR 8.5 million between January and June 2019 (EBITDA margin: 2.3 percent, H1 2018: EUR 40.9 million, 10.4 percent; the previous year’s result includes significant positive one-off effects). Order intake developed very well in all segments in the first half of the year, but especially in the Large Scale & Project Solutions segment. On this basis, the SMA Managing Board expects a significant increase in sales and earnings in the second half of the year.

Consolidated net income in the first half of 2019 was EUR -14.2 million (H1 2018: EUR 11.2 million). Earnings per share thus amounted to € -0.41 (H1 2018: € 0.32). With a net cash position of € 268.2 million (31/12/2018: € 305.5 million) and an equity ratio of 41.9 percent (31/12/2018: 42.9 percent), SMA continues to have a solid balance sheet structure.

“As expected, SMA sales and earnings in the first half of 2019 lagged behind the same period of the previous year. At the same time, incoming orders developed very positively. Among other things, we secured the largest order in our company’s history in May. As of June 30, 2019, SMA has a product-related order backlog of € 453.1 million. Thus, we increased this order backlog by 158 percent in the first six months of the year, “explains SMA CEO Dr. Ing. Jürgen Reinert. “In the Home Solutions segment, the good order intake already had a positive effect in the first half of the year. Here, SMA generated around 21 percent more sales than in the same period of the previous year. In the Large Scale & Project Solutions segment, which accounts for a large part of the order backlog, In contrast, the implementation of projects usually takes four to ten months. Accordingly, we expect a significant increase in sales here only in the second half of the year. “

The SMA Managing Board confirms its sales and earnings forecast for the 2019 financial year. It expects revenues of € 800 million to € 880 million and earnings before interest, taxes, depreciation and amortization (EBITDA) of € 20 million to € 50 million. Euro before. Depreciation and amortization will amount to approx. EUR 50 million according to Management Board estimates.

About SMA

As a globally leading specialist in photovoltaic system technology, the SMA Group today creates the conditions for the decentralized and renewable energy supply of tomorrow. SMA’s portfolio encompasses a broad spectrum of efficient solar inverters and integrated system solutions for all types of photovoltaic systems, intelligent energy management systems and battery storage solutions as well as complete solutions for PV diesel hybrid applications. Digital energy services as well as comprehensive services, including the takeover of operating and maintenance services for photovoltaic power plants, complete the offer. SMA inverters with a total output of around 75 GW are installed in over 190 countries worldwide. The award-winning technology from SMA is over 1. 400 patents and registered utility models protected. The parent company SMA Solar Technology AG has been listed in the Prime Standard of the Frankfurt Stock Exchange (S92) since 2008 and is listed in the SDAX.

Source : newsroom