This year saw Ghana not only install the largest solar project in East and West Africa, but also a major 30MW module manufacturing facility near its capital, Accra, in what is a major milestone for the upstream solar sector across Africa. PV Tech visited the plant to understand some of developer 3SIL's thinking behind location and business.
SolarEdge's Lior Handelsman explains some of the thinking and development processes behind HD Wave, which the publicly-listed Israeli company believes represents a significant leap forward for inverter technology. The product was launched at the beginning of the year, when Handelsman said in another interview for PV Tech that inverters can now "evolve at the speed of electronics, not mechanics".
The ease of due diligence on inverters and increased technical awareness among the investor community has helped ease bankability issues surrounding Chinese inverters in recent years.
SolarEdge and SMA’s launches of inverters compatible with Tesla’s Powerwall and LG Chem’s new range mark a “growing trend” towards higher voltage batteries for residential PV systems, an IHS analyst has said.
Global shipments of PV inverters will reach 90GW by 2020, valuing at more than US$7.1 billion, according to GTM Research’s latest report, 'The Global PV Inverter and MLPE Landscape 2016'. This represents an average annual growth rate of 11% between 2016 and the end of the decade.
Despite preparing investors’ expectations for flat revenues in 2016, inverter maker SMA Solar Technology has reported an increase in sales for the first quarter and exceeded management expectations by more than €10 million (US$11.4 million).
Chinese tech giant and inverter manufacturer Huawei is looking to reinforce its market share in Asia beyond China with a high-level conference held in Bangkok recently.
Germany-based inverter manufacturer SMA Solar Technology is setting up a subsidiary in Brazil, which will provide residential, commercial and utility-scale solar solutions as well as other services in the Latin American country.
