According to a statement released this week by Roth Capital Partners, Huawei withdrew from the U.S. frequency converter market, dismissed all U.S. employees and transferred non-U.S. employees abroad. Huawei has reportedly laid off 80% of its employees in business units.
Although the news has not yet been confirmed, foreign media reported earlier this year (two months) that 11 U.S. lawmakers encouraged the U.S. Department of Homeland Security and the Department of Energy to prevent Huawei from supplying solar power inverter to the U.S. market. The inverter converts solar energy into electricity that can be transmitted to the grid of the U.S. Energy Corporation.
According to the information, Huawei has been thinking about introducing the accumulation of Huawei’s digital information technology into the field of photoconductivity, and contributing to the sustainable development of the photoconductive industry through cross-border integration and innovation. Based on the in-depth understanding of the photoconductive industry and power inverter plant operation, the “silicon forward and backward” products are proposed. Design concepts and innovative solutions of “intelligent photoelectric station” have been standardized and applied.
Huaneng Solar Power Station is a new type of power inverter station, which is based on the light energy conversion and power transmission network. It combines modern advanced digital information technology, communication technology, Internet technology, cloud computing technology, large data acquisition technology and light energy technology. It fully satisfies customers’high development of energy power plants. In order to meet the needs of electricity consumption, low initial investment, low operating cost, high reliability and safety, we can achieve high income, operability, manageability and performance in the 25-year life cycle.
Huawei ranked third among the top 10 solar inverters suppliers in India in 2018, with a market share of 12%.