Intelligent Inverters Stealing the Show

As markets for solar PV inverters become more competitive, manufacturers are being forced to adapt in a bid to maintain revenues or hold market share. This is a trend that has been evident for some years now. As far back as 2012, Dexter Gauntlett, now a senior analyst with Navigant Research, noted: “Inverter companies must increase functionality, reduce cost, and differentiate themselves from the growing competition.” He explained that while industry incumbents have the advantage of size and market reach, disruptive technological innovation by well-funded start-ups and early-stage companies was rapidly changing the face of the industry.