Tag: News

  • SolarEdge Q1 financials: Revenue up 72 percent, 356 MW of inverters shipped

    SolarEdge Technologies’ fiscal first quarter ended September 30, 2015, and showed record revenue of $115.1 million, up 16.9% from previous quarter and 71.8% year-over-year. The company shipped a total of 356 MW (AC) of inverters. “We are very satisfied with another strong quarter of record revenues and improved gross margins,” said Guy Sella,Read More — Solar Builder magazine

  • Suncrest Solar on the rise, expands territory

    Suncrest Solar, a full-service provider of residential solar, announced expansion of services to Northern California, South Carolina and Utah. Suncrest’s announcement follows several months of double-digit growth, expanding more than 400 percent since 2014. “Our people are clearly energized by the mission of bringing homeowners a lower-cost electric service alternative withRead More — Solar Builder magazine

  • China’s renewable energy portfolio to more than triple next 10 years

    Cumulative installed capacity for renewables, excluding hydropower, in China will more than triple from 196.3 GW in 2015 to an estimated 608.9 GW by 2025, representing a Compound Annual Growth Rate (CAGR) of 12%, driven primarily by ambitious government targets for onshore wind, according to research and consulting firm GlobalData.Read More — Solar Builder magazine

  • Pristine Sun hires former Deutsche Bank director as new CFO

    Pristine Sun, an independent power producer, a full service EPC, and a leading developer of small utility-scale solar PV power plants, announced that the company has hired Doran Hole to serve as its new chief financial officer. Hole comes to Pristine Sun from Deutsche Bank, a leading global investment bankRead More — Solar Builder magazine

  • PCI Solar begins cool project in Woodland, Calif., that is six separate systems

    Austin, Texas-based PCI Solar has begun construction of a 2.46 MW portfolio for the city of Woodland, Calif. The six separate systems, which include carports, rooftops, a solar shade canopy, and ground-mount solar, will assist in offsetting Woodland’s energy use at its City Hall, Community Center, Library, Police Station and other cityRead More — Solar Builder magazine