The shuffle continues
Ranking inverter suppliers: Germanys SMA looks to have put the troubles of 2014 behind it this year, benefiting from Advanced Energys exit from the inverter market to increase its share of global revenue, while SolarEdge is the big riser so far in 2015.
In May, data published by IHS painted a decidedly bleak picture for German inverter specialist SMA. The analysts’ PV Inverter Market Tracker showed that the global PV inverter market shrank 4% in 2014, with global revenue falling to $6.6 billion. Intense price pressure drove this downward trend and served to play into the hands of …
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