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Mitsubishi Electric Expands Lineup of Integrated 400V AC-Output Station Energy Saving Inverter

Mitsubishi Electric Corporation announced that it would launch a new integrated Station Energy Saving Inverter (S-EIV®) with 400V AC-output for converting surplus regenerative energy from train braking into AC electricity for station facilities. The new 400V AC S-EIV facilitates easy installations and more energy-efficient operations, even at train stations with high-load demands of 400V power […]

SMA BATTERY INVERTER SUNNY CENTRAL STORAGE SECURES GRID STABILITY IN CALIFORNIA

SMA Solar Technology AG (SMA) is delivering 13 Sunny Central Storage battery inverters for the Los Angeles Department of Water and Power’s (LADWP) Beacon Energy Storage System, providing comprehensive grid management services and thus ensuring grid stability. The 20 megawatt battery storage project, located in the Mojave Desert in California, integrates solar power into the […]

Ingeteam obtains UL and cUL certification for its INGEDRIVE™ MV300 range

Ingeteam achieves yet another triumph by concluding all of the necessary procedures for obtaining double UL & cUL certification for its new INGEDRIVE™ MV300 medium-voltage frequency converter range. This important milestone will allow Ingeteam to position its products more easily in the North American and Canadian market, as well as other markets linked to North […]

SMA SOLAR TECHNOLOGY AG: STRONG GROWTH IN ASIA RESULTS IN CONSIDERABLE LEAP IN EARNINGS IN THIRD QUARTER OF 201

Overview January to September 2017: 5.9 GW inverter output sold (Q1–Q3 2016: 5.7 GW) 2.Sales of €592.5 million (Q1–Q3 2016: €708.8 million) and earnings before interest, taxes, depreciation and amortization (EBITDA) of €55.3 million (Q1–Q3 2016: €107.9 million) 3.High operating cash flow of €78.7 million (Q1–Q3 2016: €123.6 million) 4.Financial stability thanks to equity ratio […]

SolarEdge Announces Third Quarter 2017 Financial Results

FREMONT, Calif. — SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in PV inverters, power optimizers, and module-level monitoring services, today announced its financial results for the third quarter ended September 30, 2017. Third Quarter 2017 Highlights Revenues for the quarter of $166.6 million GAAP gross margin for the quarter of 34.9% GAAP operating income […]