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PV inverter shipment will resume
Date of issue:2017-12-19 16:37:00  see:

Under the influence of common factors such as stagnant growth of the two major solar photovoltaic markets or reduction of feed in tariff subsidies, the world photovoltaic inverter market declined slightly in 2011, but the growth in other regions limited its decline.
Last year, the output of PV inverters dropped from 23.6gw to 23.4gw, a decrease of 1%. In addition, the sales price dropped by 14%, resulting in a sharp drop of about US $6.1 billion.
However, this year's PV inverter shipment is expected to resume growth, rising by 5% to 24.5gw and expanding continuously in the next three years. Although sales will continue to decline in 2012, the decline will be reduced to only 3%, and then it will resume growth driven by the new market, and the growth rate will rise to about 20% by 2014.
The inverter is used to convert the solar energy captured by photovoltaic modules into available power form, and finally into the power grid. The decline in PV inverter shipment in 2011 may be mainly due to the shrinkage of two key markets, Germany and Czech Republic. Last year, the output of PV Inverter in Germany dropped from 1 GW to 9.9 GW. However, the Czech government reduced the subsidy of on grid electricity price to prevent the solar energy industry from overheating, resulting in a sharp drop in the country's PV inverter shipment from 1.5gw to only 55MW.
Fortunately, growth in other markets has supported the overall market. China's largest increase in shipment volume, from 691mw to 1.6gw. The United States ranked second, rising from 1.5gw to 2.8gw. China and the United States, as well as Japan, will be the biggest absolute growth opportunity for inverters this year. The French and Italian markets also performed well in 2011, but they are expected to face greater difficulties in 2012 as their governments adjust feed in tariffs and restrict photovoltaic installation to slow down the growth rate of the photovoltaic industry.
Other PV inverter markets expected to grow significantly in 2012 include India, emerging markets in Asia, Latin America and EMEA (Europe, Middle East and Africa).
In 2011, Germany's smasolartechnology remained the largest manufacturer in the PV inverter market, accounting for 31% of the world's shipping volume (MW). California's power one is the second largest manufacturer with a 12% market share, and is the number one manufacturer in the Italian market. The content is from the photovoltaic portal news website, global photovoltaic network
Among the top 10 are three other German companies: kakonew energy, refusolarelectronics and Siemens Industry Automation; American company Satcon Technology Corp.; Austria's Fronius International GmbH; Spain's Ingeteam energy; Italy's elettronica Santerno and Denmark's Danfoss solar. These 10 companies together occupy 75% of the PV inverter market.
Last year, a variety of products continued to be launched, and many manufacturers launched grid friendly products and water-cooled power stations to supplement ground-based products. In addition, the manufacturer has also developed products supporting low voltage requirements in Germany, more low-power three-phase products, and wireless communication function is used to improve the monitoring and interoperability with other systems.
In order to maintain sustained growth, inverter manufacturers must focus on certain regions or be ready to invest in places where demand arises in the world. Growth in the European market will slow down as major solar countries adjust their policies, while the Americas, Asia and Eastern Europe / EMEA


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