Insolvent Sunways, majority owned by bankrupt LDK Solar, has received interest from several prospective buyers of its PV inverter business, according to the company’s preliminary insolvency administrator.
California-based microinverter maker Enphase has become the latest company in solar to announce expansion plans to meet demand in the Asia-Pacific region, opening an office in Melbourne, Australia to add to its engineering and design centre in New Zealand and distribution hub in Sydney.
Market research firm IHS has disclosed the top 10 PV inverter suppliers for 2013, which highlights the continuing market share gains by Asian-based suppliers at the expense of European rivals.
Major PV inverter manufacturer, Sungrow Power Supply, has said its 1MW ‘SG1000TS’ central inverter has passed TÜV Rheinland certification for harsh environment testing.
The PV inverter market continues to evolve with changing preferences and acceptance of Chinese producers products increasing, according to the latest survey of purchasers from market research firm, IHS.
Market conditions in the PV industry continued to impact PV inverter leader, SMA Solar Technology in 2013, with the company registering a loss of €89.1 million for the full year.
Sungrow Power Supply reported more than a doubling of PV inverter sales and shipments in 2013, supported by its first move advantage and leadership position in the rapidly growing Chinese market.
Major PV inverter manufacturer, Sungrow Power Supply is partnering on plans for two PV power plants totalling around 100MW in two regions within Gansu Province, China.
