23 Sep '14, 3pm

Intelligent Inverters Stealing the Show

Intelligent Inverters Stealing the Show

Two years on, and this forecast has been largely borne out. True, manufacturers are rapidly increasing the functionality of their inverters , making the “brains” of solar PV far more sophisticated and allowing product differentiation. It’s also true that cost competition is keener than ever before, but the market is undergoing transformation in other, perhaps unforeseen, regards, too. According to IHS Technology, the number of Asian companies appearing among the world’s 10 largest photovoltaic (PV) inverter suppliers doubled in 2013, with four appearing from China and Japan, compared with just two in 2012 and none in 2011. IHS argues this is a result of rising demand for PV inverters from Asian markets that accounts for a growing share of the global market . Collectively China and Japan represented 35 percent of global PV inverter revenue in 2013 and Asian suppliers have d...

Full article: http://www.renewableenergyworld.com/rea/news/article/2014...

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