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.
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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