Inverters

Extensive research from Mercom Capital has found that up until the end of 2016 Tata Power was the largest operator of utility-scale solar in India with almost 10% of the market, while Swiss company ABB has the largest market share of the PV inverters in the country, although the Chinese manufacturers are expected to make a surge soon.

The Chinese inverter manufacturer will supply its central inverters to Blue Capital Management’s 200 MW solar PV installation in Japan, as it continues to expand its reach outside of the domestic Chinese market.

Chinese technology company Huawei has been expanding its global presence in the solar industry as of late, with this most recent exclusive framework agreement with German solar developer Soventix proof that Huawei’s innovative PV solutions and inverters are continuing to appeal across the board.

The dramatically falling costs of solar energy from the supply chain to the final product could see the average global price of solar power become cheaper than coal within the next 10 years, according to Bloomberg New Energy Finance, which is a position echoed by other experts.

German solar developer BayWa r.e. has signed a Global Procurement Framework Contract with Chinese technology company Huawei, for the supply of an initial target volume of 400 MW of Huawei’s inverters, as Huawei continues its expansion into various international markets.

The Chinese giant shipped the most inverters in 2015 in terms of MWac, pushing SMA into third place behind Sungrow; positions switched in terms of revenue, with SMA holding on to top spot despite pressure from Huawei and Sungrow.