Israeli module level power electronics firm posts highest gross margin to date despite slowdown in U.S. residential market, which remains the firm’s chief revenue stream.
Around 75 jobs will be lost during the microinverter specialist’s restructuring drive, which reflects increased price pressure across the segment, both globally and in the U.S.
Hatboro, PA-based Alencon has begun distribution of its String Power Optimizer, or SPOT, which it calls “the PV industry’s most powerful and versatile DC-DC optimizer for large commercial and utility scale applications.”
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