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Huge Boost in Grid-Connected Energy Storage Leads to 4.5 Gigawatt Opportunity for Inverter Suppliers, IHS Markit SaysNovember 17, 2016As the global market for grid-connected energy storage expands, the opportunity for energy storage inverters and power conversion systems (PCS) will grow from 910 MW in 2015 to 4.5 GW in 2020.
IHS Names SMA, SolarEdge, Schneider Electric, Sungrow, Huawei and ABB as Leaders in PV Inverter Supplier ScorecardJuly 07, 2016SMA, SolarEdge, Schneider Electric, Sungrow, Huawei and ABB were all identified as solar inverter industry leaders with above average scores for both market presence and market momentum, according to an industry review scorecard from IHS Inc. (NYSE: IHS), the leading global source of critical information and insight.
Price Declines Expected to Broaden the Energy Storage Market, IHS SaysNovember 23, 2015Commercial energy storage activity is currently consolidated in just a handful of leading regions, but falling system costs will be a major factor enabling broader global market growth.
Global Solar PV Capacity to Reach Nearly 500 GW in 2019, IHS SaysMarch 19, 2015Total global solar photovoltaic (PV) capacity is forecast to reach 498 gigawatts (GW) in 2019, which is 177 percent higher than 2014, according to IHS (NYSE: IHS), the leading global source of critical information and insight.
Led by Commercial Systems, 9 Percent of Solar PV Systems in North America Will Have Storage Attached in 2018March 16, 2015IHS, the leading global source of critical information and insight, today announced that 9 percent of solar photovoltaic (PV) systems in North America will include attached storage in 2018.
Residential Solar Energy Storage Market to Grow by Factor of 10 from 2014 to 2018November 12, 2014The global market for grid-connected residential photovoltaic (PV) solar installations coupled with energy storage is predicted to grow tenfold to reach more than 900 megawatts (MW) in 2018, up from just 90 MW in 2014, according to new analysis from IHS Technology (NYSE: IHS).
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.
2013 PV Inverter Supplier Rankings: Asian Suppliers Tighten Grip as European Leadership WeakensApril 10, 2014The number of Asian companies appearing among the world’s 10 largest photovoltaic (PV) inverter suppliers doubled in 2013, with four from China and Japan appearing within the charmed circle, compared to just two in 2012 and none in 2011, according to new analysis from IHS Technology.
Japan Set to Become World’s Largest Solar Revenue Market in 2013 as Installations Boom in Q1May 30, 2013Japan’s solar installations surged by a stunning 270 percent (in gigawatts (GW)) in the first quarter of 2013, positioning the country to surpass Germany to become the world’s largest photovoltaics...
PV Inverter Supplier Base Fragments in 2012 – Minimal Impact From Recent M&A Activity in 2013May 02, 2013The supplier base for photovoltaic (PV) inverters further fragmented in 2012, with the total market share of the 10 largest suppliers falling by more than 4 percentage points, according to the...
PV Storage Market Set to Explode to $19 Billion in 2017; Germany Leads AgainApril 25, 2013The worldwide market for PV storage is forecast to grow rapidly to reach $19 billion in 2017, from less than $200 million in 2012, according to a new report entitled ‘The Role of Energy Storage’...
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...