Thursday, June 23, 2011

PV inverter market toward globalization: What will be the next drivers?

FRANCE: The solar industry is driving innovation and new product introductions from the photovoltaic inverter market place. This innovation is moving fast at all levels, including components and especially the integration of new functionalities. Inverter companies around the world are working fast to introduce new products to increase conversion to green energy.

These technology opportunities come hand in hand with the consumption of capital which is evident like the recent IPO registration from Enphase. These activities and changes were predicted and reported in Yole Développement's latest analysis, PV INVERTER TRENDS.

Other interesting points in our report are seen at the semiconductor level. For example, SiC devices were introduced into the PV inverter two years ago, first as a diode option, now with JFET or MOSFET as a mainstream product. In addition, GaN technologies are and will have a role to play in the battle for better efficiency and improved performance. We envision a strong migration from the incumbent Silicon devices to the Wide Bandgap technologies in the coming years with SiC or GaN covering more than 30 percent of the PV inverter device market in 2017.

Yole’s PV Inverter Trends report provides a global understanding of the PV inverter industry: components technological trends, players positioning, market evolution and strategy of several types of players.

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