According to the latest GTM Research statistics, global inverter shipments increased 23% in 2017, and revenues 11%, thus representing another record year. A market first, three-phase string inverter shipments overtook those of central inverters.
One of the highlights of this year’s Abu Dhabi Sustainability Week (ADSW) and the World Future Energy Summit (WFES), which forms part of ADSW, was Wednesday evening’s Middle East Solar Awards Ceremony, organized by MESIA, the Middle East Solar Industry Association.
The Saudi Arabian power firm announces details of pilot project that will utilize Huawei’s FusionSolar control and monitoring system to enhance a fleet of PV plants.
Inverter overview: As 2017 drew to a close following a record-breaking year for solar, pv magazine sat down to discuss the global inverter landscape with Cormac Gilligan, senior solar analyst at IHS Markit. With China dominant, India’s soaring solar market still very much up for grabs and technical innovation a perennial route to market leadership, these are the six trends that we believe will shape the solar inverter landscape this year.
The Danish renewable energy developer partners with the Indian solar energy company for the supply of solar modules, as well as China’s Huawei for the its inverter solutions.
Smart Solar has started constructing a 34.45 MW solar project in southwestern Japan, as part of a broader JPY 12 billion ($109.8 million) plan that could expand to a total of 54 MW of PV capacity.
The enthusiastic response earlier this month to Malaysia’s second competitive auction for large-scale PV projects highlights the country’s growing importance as a destination for clean-energy investment, with non-hydro renewables capacity to rise from 1.4 GW last year to 3.4 GW by 2026, according to a new report.
The project will become the largest single solar site in Malaysia once completed. Chinese inverter company Huawei is installing its SUN2000-42KTL string inverters at the plant.
United Overseas Bank (UOB) has offered the financing package to support a handful of PV installations that Sunseap is building in Singapore.
Latest market data from analysts shows that Huawei shipped the most inverters last year, followed by Sungrow, while SMA, Huawei and SolarEdge pulled in the most revenue worldwide.
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