The European PV market remained steady in November, with the PV Purchasing Managers’ Index (PMI) holding firm at 68, consistent with October. While buyer confidence remains robust, solar panel and inverter prices continued their downward trajectory across most categories, signaling a market grappling with seasonal adjustments and intensified competition, according to trading platform sun.store.
The European PV market in October 2024 saw a mixture of stability and seasonally driven changes. Overall, there was a downward trend in solar component prices across most categories. The PV Purchasing Managers’ Index (PMI) edged down to 68, returning to its August level, signaling that demand remains resilient, but the season is drawing to a close.
With the Blueplanet 50.0 NX3 and 60.0 NX3, Kaco is launching two inverters on the market that are tailored to the challenges of complex commercial and industrial roofs.
Krannich Solar was once again represented at Intersolar 2024/The smarter E Europe in Munich, the world's most important PV industry trade fair. The mood on site was optimistic and better than some had expected. “We had many good discussions and are looking forward to the second half of 2024,” summarizes CSO Jan Brunner.
The message of The smarter E Europe 2024 is clear and positive: providing people and the economy with electricity from renewable energy sources, 24 hours a day, 365 days a year, is technologically and economically possible.
The finalists of the smarter E AWARD 2024 have been chosen. The prize is awarded in five categories: Photovoltaics, Energy Storage, E-Mobility, Smart Integrated Energy and Outstanding Projects.
SolarEdge has entered into a collaboration with Scania Regional Council in the south of Sweden to explore the potential of agrivoltaics (Agri-PV), the combined production of solar energy and agricultural crops on the same land.
Are you ready to embark on a journey towards a seamless and successful installation of a PV hybrid system? With the assist of Saleh Alnsour, Product Manager at Sungrow, the global leading manufacturer of PV inverters and energy storage systems, we understand the importance of getting it right the first time, saving time, cost and secure flawless and trouble-free installation and operation.
BayWa r.e. and Ampt succesfully deployed a unique combination of wind and solar generation together with battery storage within the microgrid at the Fraunhofer Institute for Chemical Technology (ICT) campus in Pfinztal, Germany.
IBC Solar presents the new complete system IBC Home One. This is a response to the requirements of a growing market and the capacity bottlenecks at many installation companies.
SolaX Power announced the successful culmination of its Initial Public Offering (IPO) and subsequent listing on the Shanghai Stock Exchange STAR Market.
With a production capacity of 3.5 gigawatts, the planned factory in the US will only reach a tenth of the capacity in Germany. It is a step to better serve the local market in North America - and to utilise the support of the US government.
Interview: Filip Sypko, General Manager Key Accounts at Menlo Electric, talks about the current market development, the new utiliy business line of the company, financial expectations and the inventory development.
What technological innovations and product developments are on the horizon at Fronius? Martin Hackl, Head of the Solar Division at Fronius International, comments in an interview.
Inverter manufacturer Fronius has almost doubled its production capacity in Sattledt, Austria. But more is needed to survive as a European manufacturer in a tough market, as a visit on site shows.
Sun.store, the new online marketplace for the photovoltaic (PV) industry in Europe, has been launched. More than 700 installers already registered within short time.
The transaction completes within the terms set by the Court of Milan and follows the official resignation of the current Board of Directors as a result of Fimer filing for bankruptcy.
The Chinese manufacturer Fox ESS introduces new micro inverters as well as the hybrid inverters of the H3 Pro series. The micro inverter series offers outputs between 600 watts and 1.2 kilowatts.
Anyone who wants to operate a balcony power plant needs an inverter in addition to solar modules. According to a test, however, some devices cause problems: among other things, they are sometimes missing safety-relevant components.
Germany's photovoltaic sector is at a crossroads, wrestling with supply chain difficulties, extended waiting periods, and an acute shortage of inverters. The ongoing discourse surrounding the "reindustrialization" of the pan-European PV market signifies one undeniable fact: the industry demands urgent action, Jeremy Powell, Director of Operations for Europe & Turkey at Hopewind, comments.
The PV market in Europe and Poland has experienced significant fluctuations in prices in 2023. Marta Walendzewicz, Board Member of Menlo Electric, explores the availability of photovoltaic panels, trends, and challenges in the Polish photovoltaic market and the importance of choosing the right inverter.
Allen Cao, Head of Europe, at SOFAR, talks about new products and solutions, the company`s business strategy for Europe and latest market trends.
Inverter manufacturer SMA recorded a 66.5 per cent increase in sales to 367 million euros from January to March 2023. All three segments in the Group contributed to this development. Storage units and digital services also continued to be in strong demand.
SMA increased its turnover by 8.4 per cent in 2022. The company started the new year with a huge order backlog and expects turnover to continue to rise.
Battery Energy Storage Systems (BESS) of all sizes are an important pillar of the energy transition. In the webinar by pv Europe and Sungrow on March 16, 2023 from 4-5 pm (CET) you will learn more about the latest developments of BESS, especially for utility-scale applications and whether they are worth the hype.
