Schneider Electric

The first part of pv magazine’s review of 2019 considers Q1, when solar early adopter Italy offered an optimistic start to the year by fleshing out its plans for PV but uncertainty still clouded the world’s biggest solar market. The potential for household solar installations to rocket the world over – helped by ever cheaper panels – prompted strategic decisions in the inverter market and analyst expectations were confounded as the cobalt and lithium price plummeted, bringing the EV revolution a big step nearer.

This Swiss giant is following a trend as large multinational high-tech companies see their role as redesigning infrastructure rather than supplying inverters at ever lower margins. Schneider Electric has pulled out of large scale solar, Siemens’ Kaco acquisition and Junelight launch show increasing interest in the C&I and residential markets, and GE is likely to divest its power conversion business due to low profit margins in that sector.

The Chinese string inverter giant was the world’s biggest supplier for the fourth year in a row, in spite of having lost 4% in global market shares, according to analyst Wood Mackenzie. Asia-Pacific was again the largest inverter market last year, accounting for 64% of global shipments. Sungrow and SMA were, respectively, the second and third largest providers.

The French power electronics specialist is pulling out of the utility-scale segment to strengthen its profile in the residential and C&I space.

IHS Markit’s analysts have mapped out what they are keeping an eye out for in the year ahead. Aside from higher installation figures, the number-crunchers predict a continued battle for multi-function in the hard-fought inverter segment and a potential watershed year for utility-scale storage.

World Overshoot Day marks the day the world has used up its annual budget of the resources it could have sustainably consumed. Despite efforts in relevant sectors, the date is creeping forward every year. Twenty years ago, it was in late September.

Inverter overview: As 2017 drew to a close following a record-breaking year for solar, pv magazine sat down to discuss the global inverter landscape with Cormac Gilligan, senior solar analyst at IHS Markit. With China dominant, India’s soaring solar market still very much up for grabs and technical innovation a perennial route to market leadership, these are the six trends that we believe will shape the solar inverter landscape this year.

The French energy management and automation company plans to use on-site projects, contracted off-site projects and clean energy credits to meet its new 100% goal.

Having collaborated on the 300 MW Cestas project, the two French firms team up again to deliver 1,500 v central inverter, transformer, monitoring and medium voltage switchgear solutions to solar projects across three continents.

Schneider Electric and Aquion Energy have revealed plans to lead a group of companies in pairing a 122 kW solar system with storage capacity in Kagoshima prefecture.