SolarEdge Focuses On Solar Power Market
Author: Source: Datetime: 2018-11-27 12:33:26
According to reports, Sella hosted a conference call to analyze the company's recent financial results, which was announced in early November. In addition to the first time solar inverter shipments exceeded 1GW in the quarter, SolarEdge's third-quarter revenue increased 42% year-on-year, with sales of $236.6 million, compared to its competitors' relative growth. Quarterly sales have declined.
More than 50% of the company's revenue comes from the US, 35.4% of sales come from Europe, and 14% from the rest of the world. Industry Media PV Tech Senior News Editor Mark Osborne stressed that SolarEdge's shipment growth track is the strongest in years.
Although the conference call focused on the company's solar power generator business and the possible impact of international trade tariffs, Sella and his colleagues also discussed the issue of energy storage systems.
TAG: Code Building California Korean SolarEdge Automation Beck Device Substation 300MW Engie Amazon Bank World Battery-Storage
New Solar Window Blinds
New window blind from SolarGaps presents a new way to help homeowners save on electricity. Each slat of the ...
Advanced Battery Concepts License W...
Advanced Battery Concepts, headquartered in Clare, Michigan-based battery technology company, announces that it ha...
Solar Power Technology
Solar power technology in the sunny but no power grid where the place is a big gospel, the locals no longer need sm...