SolarEdge reported first quarter revenue of US$209.9 million, up 11% from US$189.3 million in the prior quarter and up 82% from US$115.1 million from the prior year period. PV inverter manufacturer SolarEdge Technologies has reported a clean sweep in key financial parameters for the first quarter of 2018, which includes, revenue, shipments, gross margin, profitability and quarterly cash flow generation.
Enphase Energy announced after trading hours Tuesday that it plans to acquire SunPower’s microinverter business for $25 million in cash and $7.5 million in shares of Enphase common stock. The five-year agreement is intended to “accelerate global adoption of AC modules as the de facto residential solution,” according to a press release. The deal adds more than 140 patents to
Decreasing Subsidies, vs Price drop With many technologies it can make sense to wait for the prices to come down. And the prices of Solar systems have come down over the years. In Australia this price drop is counteracted by the decrease in Subsidy the government pays every Year. Currently, the subsidy is around $600 per KW. But this decreases