Tag: SolarEdge
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SolarEdge achieves record revenue in second fiscal quarter
SolarEdge Technologies announced its financial results for the fiscal second quarter ended December 31, 2015. Fiscal Second Quarter 2016 Highlights • Record revenue of $124.8 million, up 8.5 percent from last quarter and 70.3 percent year-over-year • GAAP gross margin of 30.9 percent • GAAP net income of $24.1 million • Non-GAAP net income ofRead More
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LCOE Heroes: How inverters drive down PV levelized cost of energy
Efficiency is a ubiquitous term in the solar industry and an important one — better efficiency means more power, which is what the world needs. But the levelized cost of energy (LCOE) is a truer measure of project value, and there are a variety of ways manufacturers up and downRead More — Solar Builder magazine
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How inverters are changing PV systems with bundled services
There’s that joke about smartphones that’s kind of a cliché now: Why are they called “phones” still? The phone part is like 1 percent of its usefulness. Inverters are kind of trending in that direction, too. Defining an inverter as merely a device that converts direct current from a solarRead More — Solar Builder magazine
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SolarEdge’s DC-coupled storage solution now available internationally
SolarEdge Technologies, a PV inverters, power optimizers and module-level monitoring services company, announced the immediate international availability of its StorEdge solution. At the end of 2015, the company already completed a number of StorEdge installations in select locations around the world. Compatible with Tesla’s home battery, the Powerwall, StorEdge isRead More — Solar Builder magazine
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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