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Research and Markets in its latest report “String Inverter Market – Global Forecast to 2021” forecasts the String Inverter Market to Reach $3 Billion by 2021 and grow at a CAGR of 8.29% during the time frame. The research firm notes that decrease balance of system cost, remove systems monitoring capabilities, and easy installation & […]
SMA Solar Technology AG (SMA) and Greenko Energies Pvt Ltd, a market leader, owner and operator of clean energy projects in India, have signed contracts for the supply of 616 MW of Sunny Central 1000CP XT inverters from SMA. With the inverters, Greenko will realize PV power plants in the Indian states of Karnataka and […]
Global Market Insights, Inc.Ltd. in its new report forecasts the Photovoltaic (PV) Inverter Market size to reach USD 19.87 billion by 2024. The report states that decreasing solar component cost associated with increasing adoption of clean fuel energy will drive the Photovoltaic (PV) inverter market size. Technology advancement and manufacturing improvement have positively impacted the […]
According to a new report from MarketsandMarkets the global string inverter market is expects to grow from an estimated USD 2.61 Billion in 2016 to USD 3.89 Billion by 2021, registering a CAGR of 8.29% from 2016 to 2021. The research firm notes that the global market is witnessing growth due to decrease balance of […]
SMA Solar Technology and Turkish EPC company ELSE Enerji Ltd. have recently signed a new General Frame Agreement for the supply of 154 MW of central and string PV inverters from SMA for plants to be realized by ELSE Enerji within a year. Mustafa Herdem and Serhat Çay, the founders of ELSE Enerji Ltd. said, […]
Country’s major wind turbine company, Gamesa India is ensuring to make its presence felt in Solar by manufacturing inverters at its new blade plant at Nellore, Andhra Pradesh. Ramesh Kymal, company’s Chairman and Managing Director said that the inverters that will be produced at Gamesa India’s facility are the ‘1500V inverters’, for which there is […]
As the energy storage market rises, and as prices for storage continues to fall, more than 900 MW of energy storage grid-tied inverters were shipped globally in 2015. The global energy storage inverter shipment is forecast to surge at a compound annual growth rate of 38 percent, to 4.5 GW in 2020, according to IHS […]
Sungrow has announced that it will present string inverters SG36KTL-M and new SG60KTL as well as the central inverter SG2000-MV at SEUK & Clean Energy Live 2016 (Birmingham, Booth: C34). The company will also showcase its new string inverter SG60KTL and the central inverter SG2500-MV at IGEM (International Greentech & Eco Products Exhibition & Conference […]
India’s No.1 power electronics company, the Consul Neowatt recently showcased its range of Sunbird Solar Inverters with grid export facility at the 10th edition of REI Expo held in Greater Noida. The Sunbird range of solar inverter is today, the No. 1 solar inverter in India and also the preferred choice of system integrators in […]
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