Aggressive targeting of the US PV inverter market by European suppliers has led to a fragmented supplier base, while revenues from inverters in the US, China and Japan leaped by US$1.7 billion in 2013, according to new analysis by IHS.
Utility-scale inverters by US manufacturer Solectria Renewables will be used at five PV projects in Massachusetts totalling 13MW, purchased by renewable energy asset management firm NuGen Capital Management.
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.
