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.
Advanced Energy Industries (AE) has said it has begun shipping its new flagship ‘AE 1000NX’ 1MW-sized according to its backlog pipeline to PV projects.