Look who is closing ranks!
Owners of residential PV systems are looking for increasingly more features for their systems. VPPs, smart EV charging, and self-consumption measured by ever higher percentages of autarky have been buzzwords in the industry. The result has been a new breed of smart bidirectional inverters, sometimes dubbed hybrid inverters. And with utilities having found business models that also work out in their favor, could a new dawn of residential installations rise over the suburbias of the world?
By the end of 2018, the PV market was awash with inverter manufacturers, competing for wafer thin margins. Despite steady market growth, the plentiful competition meant that inverter manufacturers had to get creative if they wanted a bigger slice of the cake.Meanwhile, storage suppliers had to deal with a stop-start demand, making storage system manufacturers …
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