The PV inverter rooftop solar market in India was dominated by three China-based manufacturers last year, led by Growatt, according to JMK Research & Analytics.
A wave of PV manufacturers listed on China stock markets have reported full-year net profit guidance for 2019 that indicates significant profit gains over the previous year.
PV Tech’s Carrie Xiao continues her look at what Chinese PV firms are doing to crack international markets, looking today at technical innovations and the benefits of big brands.
In recently released first half 2019 financial guidance, three China-based PV inverter manufacturers, Sungrow, Ginlong and Kehua have mainly guided weaker profits than reported for the prior-year period.
The fresh tariffs placed on Chinese solar inverters are unlikely to create major procurement challenges or have serious implications for those manufacturing in China.
The downstream solar PV market continues to evolve and as such so does the inverter. At Solar Power International 2017 in Las Vegas the continued roll-out of new products continues as the markets expand for energy storage and larger capacity commercial and residential rooftop systems.
