SOLAR MICROELECTRONICS MRKT TO QUADRUPLE

Solar Microinverter Shipments to Quadruple and Reach 2.1 Gigawatts in 2017

26 August 2013 (IHS, Inc.)

“The global market for microinverters will expand by a factor of four from 2013 through 2017 as microinverters are adopted in greater numbers outside the United States while new markets also rush to take advantage of the devices’ improved efficiency and features compared to conventional inverters…Photovoltaic (PV) microinverter shipments worldwide are set to increase to 2.1 gigawatts (GW) in 2017, up from around 500 megawatts (MW) in 2013, according to a new report…from HIS…Shipments during the period are forecast to rise fourfold, expanding at a 306-percent rate…Microinverters are devices that convert direct current (DC) electricity from a single solar module into alternating current (AC). Although they are more costly than conventional inverters, microinverters can increase the energy harvest of a system compared to conventional string or central inverter devices…” click here for more

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