Japan’s residential and small commercial solar industry could represent a “huge, huge opportunity” for suppliers of inverters and module-level power electronics, according to an analyst with market research firm IHS.
The worldwide market for balance of systems (BOS) for solar power could be worth US$21 billion by 2019, with the greatest activity expected to be seen in the commercial sector, according to a new report from analysis firm IHS.
ABB, an inverter company, has been selected to supply more than 45 of its ULTRA central inverters to the second-largest installation of its kind in South America.
Major PV inverter manufacturer Sungrow Power Supply has reported preliminary 2014 shipments, which include around 20% growth in China and 47% shipment growth overseas, compared to the previous year.
Inverter manufacturers face a growing but increasingly tough market over the next four years characterised by cost pressures and ever tighter margins, GTM Research claims.
Solar microinverter manufacturer Enphase has stepped up its involvement in a collaborative effort with Hawaii’s main electric utility to stabilise the US state’s grid networks.
PV inverter manufacturer, Advanced Energy Industries (AE) reported its inverter sales in the fourth quarter of 2014 were down 9.8% sequentially and down 27.9% on the prior year period.
Monocrystalline wafer producer, Longi Silicon Materials and electronics giant and PV inverter producer, Huawei Technologies have signed a memorandum of cooperation to pursue smart technology options to boost PV power plant performance and reliability.
