The market is changing in photovoltaic inverters... someone should look more carefull when deciding to select an inverter...does it worth its money? is it on grid residential or big KW OR MW park?
The global inverter market is assuming a greater profile along the solar PV supply chain with advances in inverter technology promising more sophisticated grid support and system optimization for residential installations up to utilityscale, multi-MW projects. Inverter
technology development is attracting and will continue to attract greater attention as gains in long-term project generation and reliability become crucial to achieve project bankability given forecasted cuts in global solar incentives (i.e., FiTs) and competitive PPA modeling.
Along with the industry’s increasing technology and bankability requirements, leading EU-based inverter suppliers are seeing global demand shift away from their domestic markets toward major PV growth markets in North America and Asia. In the coming year, this expansion of global demand will lead to increased competition and slower growth for inverter incumbents who do not diversify from their domestic base while providing new supply opportunities to US- and Asia-based inverter manufacturers and to global energy conglomerates leveraging parallel power inversion competencies.
FIGURE: Global PV Inverter Manufacturer Taxonomy
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