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2010 on Track to Be a Record Year for PV Inverters; Will 2011 Derail Expectations?
19 August 2010

By Tom Haddon, PV Group Research Analyst, IMS Research

Following on from the strong first quarter of 2010, it is forecast that the PV inverter market will grow substantially building on 2009’s success. MW shipments are predicted to be over 60% greater than in the previous year with installations reaching close to 15 GW. With such high levels of demand, several suppliers are targeting aggressive capacity expansion strategies with SMA bringing its global production capacity to the 11 GW per annum mark and several suppliers are following suit…

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