Solar Power World

PV Inverters To Grow 70% Worldwide, Study Says

According to the World Market for Photovoltaic (PV) Inverters – 2010 Edition, the global PV inverter market grew by 14.8% in 2009 to reach USD$2.9 billion; with 8.3 GW of inverters shipped. The report says inverter growth in all countries studied except one are predicted to jump by almost 70% in 2010, with three-phase inverters likely to see fastest growth over the next five years. Shipments are predicted to exceed 15 GW by 2014. High growth is also predicted for small... Read More