26 Apr '13, 1pm

Solar PV Inverter Market Shakeout Continues With ABB and Power-One Deal

A pair of analyst reports issued last week came to roughly the same conclusion about the market for solar PV inverters: It's getting crowded and complicated, with top incumbents facing challenges in maintaining near-term growth in an increasingly fragmented market. Those PV inverter stalwarts will need to pursue more restructuring and mergers & acquisitions to stay atop the shifting and broadening customer base, addressing everything from tough-to-crack markets (e.g. China, Japan) and embracing newer technologies such as module-level power conversion, i.e. microinverters, say IMS Research and GTM Research . This consolidation has already started to play out: SMA (S92.DE ) bought Chinese inverter maker Jiangsu Zeversolar New Energy in December 2012, and earlier this month Advanced Energy (AEIS ) acquired REFUsol , a German maker of three-phase string solar PV inverters. And...

Full article: http://www.altenergystocks.com/archives/2013/04/solar_pv_...

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