Six trends of inverters accelerating PV grid parity
The United States, Europe, India, Latin America, the Middle East, and other regions of the world are rapidly ushering in a new era of PV grid parity. China is expected to gradually embrace grid parity in 2020. As the ‘brain’ of a PV plant, inverters play a key role. Six trends of inverters will arguably speed up the progress of grid parity.
String inverters become the mainstream According to IHS Markit, Wood Mackenzie, and other leading market researchers, the global market share of string inverters over central solutions continues to increase, and surpassed that of central inverters for the first time in 2017. Smart string inverters provide high efficiency, high availability, and multiple maximum power point trackers …
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