Strengthening promote the development of the inverter market

According to IHS statistics, the growth of China's PV inverter market more than 100% last year, domestic enterprises occupy the top of the charts. "China PV Inverter Market Report, 2014" market research firm, said the explosive growth of the inverter sales in China last year saw revenues mushrooms 亿 2012 from US $ 4 to US $ 8 billion.

Chinese suppliers are doing the main beneficiaries, with full occupation of the domestic enterprises for the second consecutive year the position of the top 10. In the top of the list for the fourth consecutive year the sun power, with a 30% market share, in 2013. Other top five vendors were TBEA Xinjiang New Energy, Emerson Network Power, Chint and Kstar.

But in fact all these enjoy less than 4% of the market share of each IHS said the description of the inverter facing Chinese manufacturers of production and management difficulties. Resulting in fierce competition in the low-priced local companies, business environment and highly complex or lengthy credit terms from success obtained a large share of the market to stop them, or forcing them to focus on other areas.

However, IHS said that growing demand will generate strong growth in the coming years, China PV inverter market, shipments are expected in 2018 will reach 18GW.

Although the utility-scale PV projects accounted for 93% of the inverter revenue last year, IHS said distributed PV inverter market will become increasingly important producers.

China has established the goal of distributed photovoltaic 8GW, 2014 IHS said that although a slow start means that only about 4GW will get built, distributed system, the inverter will become an increasingly important producer of market, prompting steering low power inverter.

After the huge ground-mounted utility-scale projects rapid growth years in remote areas of the country, China has begun to pay more attention to the development of high power demand and distributed rooftop solar field. This inverter for smaller growing demand will lead to modifications in 2014 and 2015 photovoltaic inverter supplier ranking.

Although small string inverters will occupy an increasing share of the market, IHS predicts that large centralized inverters remain the mainstream of utility-scale PV systems in China, due to its lower upfront costs and fewer connection points, high power inverters are expected to account for 80% of shipments to these systems in 2018.