Featured in Turkish market at a crossroads – 03-2019

Inverter suppliers go digital

More than 11 million PV inverters will be shipped in 2019 alone, and most of these will be connected to a software platform and controlled by the inverter companies. This creates an opportunity for suppliers to create new models and revenue sources, writes Cormac Gilligan, research and analysis manager at IHS Markit. And indeed, in recent years inverter suppliers have been rapidly developing ‘Internet of things’ software platforms to take advantage of this.
Software solutions provider Next Kraftwerke introduced its NEMOCS virtual power plant software package in 2018. Internet of things applications open many more revenue streams, according to IHS Markit, as metering data can be used with the virtual power plant and to ensure power quality, fault analysis, health, and condition monitoring. | Image: Nextkraftwerke

Fundamental to new initiatives to develop software platforms is the creation of a new energy ecosystem. In this ecosystem, complementary components all work seamlessly together, so the energy generated, consumed, and billed can be used effortlessly by residential and commercial owners. Examples of these components include electric vehicles (EVs), smart home appliances, heating and cooling …

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