28 Aug '13, 9am

Solar Micro-Inverters Going Big Time - Shipments To Reach 2.1 GW In 2017 via @SolarIndustry

Photovoltaic micro-inverter shipments worldwide are set to increase to 2.1 GW per year in 2017, up from around 500 MW in 2013, according to a new report from IHS. Shipments during the period are forecast to rise fourfold, expanding at a 306% rate, the report says. Although they are more costly than conventional inverters, micro-inverters can increase the energy harvest of a system compared to conventional string or central inverter devices, which convert power from multiple solar panels, the IHS report says. Until recently, micro-inverter demand has largely been confined to the U.S. residential market. However, IHS says the industry is shifting to commercial solar systems and other regions. "Micro-inverters have reached very high adoption rates in the United States, particularly in the residential market, where penetration will reach more than 40 percent in 2013," says Cor...

Full article: http://www.solarindustrymag.com/e107_plugins/content/cont...

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