The Asia Pacific (APAC) region has accounted for 69% of the 589GW solar PV inverters shipped in 2024, according to a report from analyst Wood Mackenzie.
Continued “weak demand” from the commercial and industrial (C&I) and residential segments has negatively impacted SMA Solar’s sales and income in the first quarter of 2025.
Spanish inverter manufacturer Ingeteam has secured a contract from Danish developer European Energy to supply its technology to two solar PV power plants in Australia, totalling an installed generation capacity of 137MW.