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Destin Power

Energy storage inverter shipments to reach 3 GW in 2018, 7 GW in 2022

According to IHS Markit, energy storage inverter shipments are on track to reach 3 GW in 2018, growing to 7 GW by 2022. Currently, SMA is the market leader. Overall, the competitive landscape is “highly volatile” with expectations that consolidation will continue.

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