Solar power conversion company ABB has signed off on a contract to provide its string inverters for two PV projects delivered by the Solek Group in Chile — with the two installations posting a combined generation output of 12MW.
Major PV inverter manufacturer SMA Solar Technology has raised its full-year revenue guidance range on a 25% increase in its order backlog on strong market demand in all regions served and notably in the Asia-Pacific region (APAC).
Sungrow’s 1500VDC string inverter is designed to significantly reduce installation and balance of system costs for utility-scale PV systems. Sungrow was the first inverter manufacturer to introduce a 1500VDC string inverter with its SG80HV, which has a power output of 80KW. The latest inverter, SG125HV, puts 125kW of capacity in a suitcase-sized cabinet weighing just 68kg. At a higher rated voltage, the SG125HV is claimed to further reduce installation and balance of system costs.
Major PV inverter manufacturer SMA Solar Technology came through another tough year with unit volume sold a record 8.23GW in 2016 but ASP pressure ensured sales were down. The bright spot was its commercial solar business unit, which bucked lower sales in the residential and utility-scale sectors with 27% growth, year-on-year.
ABB’s new TRIO-50 three-phase string inverter can be installed in virtually any location or in any orientation and enables shorter time to market for large commercial or small utility scale projects, according to the company. It has a landscape modular design to guarantee maximum flexibility, improve ease of installation and lower maintenance costs and can be installed by two people and no machinery.
Sungrow Power Supply Co officially released the world’s first 1500V string inverter. The SG80HV has a power output of 80KW rated at 1500VDC. With a 2.5MW PV power block design and the ability to lift the maximum efficiency to 99%.
Huawei Technologies decided to enter the PV inverter market, bringing its ICT know-how and hardware to a market already burdened by overcapacity and declining margins. In a few short years, instead of floundering, Huawei soon became the market leader in China.
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.