Wind Energy

Inverters for Renewable Energy Applications

The inverter industry is entering a very dynamic point in its history. It is undergoing an intense period of technological innovation, but also contention. Inverters are increasingly a focal point for investors, regulators, and project developers looking to find a balance between functionality, reliability, and safety. The increasing number of technical standards and requirements for connecting to the AC electric grid are formidable, but companies are, for the most part, rising to the challenge.

Incumbent inverter manufacturers SMA, Fronius, Satcon, Power-One, KACO new energy, and Ingeteam have the advantage of size and market reach. However, disruptive technological innovation by well-funded startups and early-stage companies is rapidly changing the face of the industry. Many see microinverter technology as the future of distributed solar photovoltaics (PV), while others see it as the next step in a larger transition to fully-integrated AC modules. Against this backdrop of rapid technological change and a dynamic competitive landscape, the global inverter market will grow significantly over the next several years.

This Pike Research report analyzes the global market opportunity for inverters in four key industry sectors: solar PV, stationary fuel cells, small wind, and vehicle-to-grid (V2G) enabled electric vehicles. The report explores the key market drivers in each sector, along with an examination of technology issues and the evolving competitive landscape. Global market forecasts for inverter revenue and capacity are provided through 2017, segmented by application area and world region.

Key Questions Addressed:

-What is the current status of the inverter industry for renewable energy applications?

-What will be the impact of microinverters on the solar PV market during the next 5 years?

-Who are the leading companies driving inverter technology innovation?

-Will Western inverter manufacturers share the same unfortunate fate as Western solar module manufacturers?

-What new demands are being placed on inverter manufacturers in order to successfully integrate renewables into the grid at higher penetration levels?

www.reportlinker.com