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The world&#;s top 10 solar PV inverter manufacturers accounted for 86% of the total market share in , according to new figures from energy analysts Wood Mackenzie, as global shipments increased to more than 330GW.
The latest analysis of PV inverter vendors and shipments from Wood Mackenzie showed that the top 10 vendors further consolidated their stranglehold on the global market, increasing their share by 4% year-over-year to 86%.
Global demand for PV inverters increased by 48% to 201GW, while government support to meet clean energy goals in Europe, the Asia Pacific region, and the United States helped bolster global PV inverter shipments to 333GW.
The renewed increase in shipments was also spurred on by easing in the pandemic-related chip shortage and other supply chain challenges.
Of the top 10 vendors, the top five &#; including Huawei, Sungrow, Ginlong Solis, Growatt, and GoodWe &#; shipped over 200GW between them and accounted for 71% of total global PV inverter shipments in , an increase of 8% over .
Huawei in particular benefited from a healthier market in , with its shipments increasing by 83% to reach nearly 100GW.
Huawei and Sungrow maintained their leadership of the market for the eighth consecutive year, accounting for more than 50% of the global market in . Specifically, Huawei maintained its position atop the pile with a global market share of 29%, while Sungrow increased its market share by 23% to hold onto second.
In terms of regional shipments, the Asia Pacific accounted for 50% of the global market thanks in part to a 44% year-over-year growth in shipments in . China and India were the two largest markets for solar PV inverter shipments, although India saw a 25% decrease in shipments.
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Japan overtook Australia for third place in terms of inverter shipments.
Europe accounted for 28% of the global market with 92GW, thanks to a massive growth in inverter shipments of 82% in and 44% in . The United States accounted for 13% of the market with 42GWac.
While at the PV America show in San Jose, California last week I got to check out the Aurora Ultra solar inverter at the Power-One booth. The inverter manufacturer says the 1.4-MW model is the world&#;s largest.
The model has been designed to suit large commercial and utility-scale solar power plants which, with falling technology prices and rising costs of fossil fuels, are making large solar farms increasingly attractive for investors.
&#;Power-One&#;s Ultra is the future of multi-megawatt utility-grade inverter solutions,&#; said David Wojciechowski, VP Sales for Power-One North America. &#;It is a block buster product for this market. If you look at the specifications of this product coupled with the expected Return on Investment (ROI), there really is no other serious competitor out there.&#;
The model offers power conversion efficiencies of up to 98.7% over a wide input voltage range. Four high-speed MPPT channels optimize energy harvesting across a wide array of operating conditions. Another main feature of the new system is the rugged outdoor NEMA 4 enclosure with passive liquid cooling, which allows segregating the active parts of the unit in a watertight and pollution-free chamber, further improving the system long-term immunity against aggressive agents in the harshest environments. This also extends the maintenance cycle and reduces the costs of maintenance.
Thanks to its innovative circuit topology the output voltage is 690Vac which allows a significant reduction of AC losses and the possibility of direct coupling with LV/MV standard transformer used in the large wind industry.
Since its modular structure is made of front accessible and extractible subassemblies, installation and maintenance procedures are rather easy. This large inverter system can be monitored via Ethernet communication and two independent RS-485 communication interfaces for inverter and intelligent string combiner monitoring.
Power-One www.power-one.com
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