PV Inverter Market, By Product (String PV inverter, Central PV inverter, Micro PV inverter, Other PV inverter), By End-use (Commercial & Industrial, Utilities, Residential), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

Published In : Jan 2024

Code : CMI6587

Pages :140

Formats :

Excel and PDF

Industry : Energy

Market News

Recent Developments:

In May 2022, the Italian solar inverter business Fimer Spa took part in a significant solar project integrated with a storage unit in Gujarat, India. Fimer provided an inverter system with a capacity of 1 Mega Volt Ampere (MVA) to support a solar venture that includes a considerable battery storage capacity of 18MWh. The venture, known as the Integrated Solar Energy Project, is located in Modhera and was executed by the Indian EPC specialist, Mahindra Susten Pvt. Ltd., under the patronage of Gujarat Power Corporation Limited (GPCL), a state-run utility firm. Fimer is a company that specializes in innovative energy equipment, particularly solar inverters and e-mobility solutions. The company is the fourth largest solar inverter supplier in the world and has over 1100 employees worldwide. Fimer's products include AC charging systems for private indoor and outdoor use, PV solutions for residential and commercial/industrial applications, off-grid and grid-connected micro grids.

In April 2022, the Germany-based company SMA Solar Technology AG unveiled a fresh assortment of inverters designed for small-scale commercial rooftop photovoltaic (PV) installations. This new series comprises models with capacities of 12, 15, 20, and 25 kilowatts, catering to installations as large as 135 kilowatts. SMA Solar Technology AG is a German solar energy equipment supplier founded in 1981 and headquartered in Niestetal, Northern Hesse, Germany. SMA is a producer and manufacturer of solar inverters for photovoltaics systems with grid connection, off-grid power supply and backup operations.