When the malaise of the global PV market demand, the vast majority of the solar device manufacturers are in response to declining margins unfavorable situation , but the industry chain has suffered the loss of a very small field , and that is solar inverters . Solar cells and panels of different manufacturers , solar inverter manufacturers did not how an increasingly competitive and subject to the impact of the recession . Solar inverter complex structure, manufacturing difficulties , the relative prices remain relatively stable.
Analysts said the market size of the inverter to reach $ 6 billion , adversely affected by the overall environment , solar inverter margins will be reduced , but did not fall in other areas of the magnitude of the industry chain so big . A solar power generation system is generally constituted by solar panels and solar inverter, the former is used to generate electricity , which convert the direct current into alternating current is available. By overcapacity , fierce competition and government subsidies continue to strengthen the degree of reduction of the impact of solar cells and solar panels prices have been declining.
Carlson JonSigurdsen renewable energy fund manager , said: “For an inverter companies, interior design products more , although the production of an inverter is very simple, but to do a good inverter which is difficult . means entering this area has a high threshold for the industry , but also beneficial to maintain high profit margins . “
“Good point ,” it does not mean it , ” the perfect .” Last month, the world’s largest solar inverter manufacturer SMASolar lowered its full-year earnings forecast , U.S. rival Power-One is also this week lowered its third-quarter earnings outlook. Now, with solar panels smaller mass difference , the brand has become less important ; while in the field of solar inverter http://www.sungoldpower.com technology and brand awareness along to help sell products.
Keen on solar cells and modules Asian companies are rarely involved in solar inverter IMSResearch AshSharma Research senior director , said: ” China suppliers control 40% of the market share of the global solar modules , while the market share of inverter only 5%, and the growth rate is relatively slow . “
Fewer number of competitors is also conducive to prevent price decline. Although there are more than 150 global solar inverter supplier , but the top 10 companies control 75% of market share. So far this year , the price of solar panels has fallen by 40 %, but the solar inverter retail price only fell by 10-15%. About 40% of the solar panel solar power system cost package , and the proportion occupied by the solar inverter is 15 %.
Solar power system installers RealGoodsSolar BillYearsley CEO , said: “Inverter prices downward trend is much slower than the rate of decline in PV prices .” RealGoods inverters are used in the vast majority from SMASolar and EnphaseEnergy. In recent months, in order to obtain advantageous prices have been and sellers negotiate .
New York-based solar power system installers MercurySolarSystems FrankAlfano CEO said: “We determined that inverter manufacturers also felt the pressure of the market, they also reduce the price and take measures to control costs .” Inverter used in the company also from the world’s leading inverter manufacturers such as SMASolar, SatCon, SolectriaRenewables and Fronius.
Analysts said that for those who want to buy cheap , but also the price of solar stock buyers, solar inverter manufacturers is a safe haven.