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Solar Microinverter and Power Optimizer Market to Break $1 Billion Barrier in 2018September 18, 2014The market for global photovoltaic (PV) solar microinverters and power optimizers is forecast to more than triple in the coming years, rising to more than $1 billion in 2018, as both established and new regions increase their adoption of the emerging technology, according to IHS Technology (NYSE: IHS).
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Competition Heats Up in US PV Inverter Market as Asian Suppliers Dominate Home TurfMay 08, 2014The U.S. market for photovoltaic (PV) inverters turned highly competitive in 2013 as the three biggest suppliers headquartered in the country lost share in the wake of a European-led influx of new players, according to new analysis from IHS Technology.
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Boost for energy storage market as mandatory requirements introduced in Puerto Rico, driving 1.5 GW of energy storage installations with renewable power plants in 2017December 18, 2013To meet the minimum technical requirements introduced by PREPA, renewable developers will have to deploy an energy storage system (ESS) with utility-scale renewable systems. IHS projects that the addition of...
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PV Inverter Revenue Expands to $7 Billion in 2012, as Asia Arises as Growth DriverApril 17, 2013Energized by a surge of shipments in Asia, the global photovoltaic (PV) inverter market in 2012 bucked weak worldwide solar industry conditions to expand by 5 percent and break the $7 billion...
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A Year of Turbulence for the Solar IndustryConsolidation, trade wars and price drops rule in the second halfOctober 22, 2012The first half of 2012 was tumultuous for the photovoltaic (PV) industry. The overall economic downturn continued to impact prices across the silicon supply chain—extending from polysilicon to solar modules...
