The European PV market showed renewed vigor in September, as the PV Purchasing Managers’ Index (PMI) saw a notable uptick to 71, up from 68 in August. This indicates a clear resurgence in demand despite ongoing price declines in the solar component market. Solar panel prices continued their downward trajectory across nearly all categories, with significant drops observed in both monofacial and bifacial segments.
The somewhat unexpected development of prices on the market for solar modules is a simple calculation: Too little demand meets increasing availability of the goods.
Sales of the Picea all-season power storage units have increased rapidly in recent months. Now HPS wants to expand production capacities, also to shorten delivery times.
Jinko Solar delivered 18.21 GW solar panels globally in the first half of 2022, representing an increase of 79% year-over-year.
The Leipzig-based supplier Senec will turn over around 250 million euros this year. More than 40,000 home storage units have already been sold.
Solarwatt establishes a UK subsidiary, boosts top team and sets up office and warehouse to serve installers and customers.
Meyer Burger has completed the strategic transformation of its business model within the timeframe and has successfully launched the distribution of its high-performance solar modules.
SMA generated earnings before interest, taxes, depreciation and amortization (EBITDA) of €38.1 million in the first half of 2021 (EBITDA margin: 7.8%; H1 2020: €24.0 million, 4.7%) though sales declined.
In view of the rapidly growing solar market Solarwatt is expanding its technical support, sales and marketing team in the UK.
SMA Solar Technology AG surpasses billion euro mark in sales and doubles operating earnings in 2020 despite coronavirus crisis – Managing Board confirms growth forecast for 2021
The Austrian PV specialist my-PV was able to double half-year sales and increase the number of employees by a third compared to the previous year - despite Covid-19-related restrictions.
In the first half of 2020, SMA sold PV inverters with a total output of around 7.1 GW (H1 2019: 4.0 GW).
