New arrivals transforming the market
PV inverter market: Inverter shipments reached an almost unbelievable 26 GW in 2011, according to preliminary results from IMS Researchs Quarterly PV Inverter Tracker which collects sales and shipment data from 45 major manufacturers. IMS Researchs Ash Sharma looks at what 2012 has in store and which new arrivals are worth keeping an eye on in the near future.
This impressive result for inverter shipments in 2011, which was an increase of 10 percent over 2010, came despite the large inventory overhang from the previous year. However, although the industry saw a healthy increase in shipments, manufacturers were forced to make steep price discounts, particularly in Germany and especially for string inverters. This resulted …
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