Solar Inverter Market The Solar Inverter Market is seeing increasing pressure of competition even as the solar panel prices have started to stabilize. The solar module makers do not have much room to decrease prices given that most panel makers are still making losses and the gross margins remain near the low double digit level. […]
Solar Inverters Like solar panels, solar inverters is also a huge market with stiff competition. The Solar inverter industry has undergone major consolidation. Top solar inverter companies used to be European, as almost 80% of the global solar demand used to come from Europe. However, with the rise of the Japanese and Chinese markets the solar inverter industry […]
SMA Solar is firing 700 workers from its nearly 4000 workforce, as the company tries to align costs to its falling revenue. The German solar inverter maker is the world’s largest producer and shipper of inverters for the global solar market. The company had a 40% market share just 2 years ago, thanks to the […]
The US government has imposed anti-dumping duties on Chinese made solar panels but that has not stopped the major Chinese Tier 1 solar panel producers from growing their shipments in the USA. The reason for the Chinese solar module growth is the sharp cost advantage that they posses over US solar companies such as Sunpower […]
Enphase Energy has announced a solar program to aid the commercial solar projects in Europe recently. Micro-inverters are generally used in residential solar installations and Enphase Energy is now expanding its usage to commercial installations as well. The program is open for PV installers and developers in France, Netherlands, Belgium, Luxemburg, Switzerland and UK. The priority of the program […]
The Swiss company ABB has gone on a buying spree in the last few years acquiring companies in its core business of motors, electrical transmission, energy efficiency etc. The company made billions of dollars in acquisitions which has kept the company’s growth much higher than peers like Siemens and General Electric. The company’s stock price […]