Inverters

The global solar inverter industry will contract over the next two years as major markets in China, Europe and the US confront new volatility, according to energy market analyst Wood Mackenzie.  

The EU’s Economic Security Doctrine has identified solar inverters as a high-risk dependency, a move which the European Solar Manufacturing Council (ESMC) has lauded.

German research institute Fraunhofer ISE has launched a project to explore how medium-voltage technology can make material-intensive solar components more efficient and cost-effective.

Swiss electrification specialist ABB has acquired solar PV inverter and power conversion system (PCS) producer Gamesa Electric for an undisclosed sum.

Zelestra has signed a PPA with technology giant Microsoft to sell power generated at a 95.7MW solar PV portfolio.

The increasing technical complexity of the renewable energy space has increased the demands on capital raising for those in the sector.

Members of the European Parliament are urging the European Commission to restrict Chinese solar inverter manufacturers’ access to the bloc’s energy infrastructure, due to cybersecurity concerns.

Inverter manufacturer SolarEdge sold close to 1.5GW of inverters in the third quarter of the year, driving revenue of US$340.2 million.

The low volatility displayed in PV module prices in Europe has reached a sustained equilibrium between production and demand in October, according to online solar marketplace sun.store.

PV Talk: Owen Schelenz of GE Vernova explains why silicon carbide power conversion technology is once again on the agenda for utility solar.