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Ginlong(Solis) award Top 5 global single-phase string inverter market shares(MWac) - GTM Research
Recently, GTM Research releases the ranking of global PV string inverters for 2017. According to the ranking, Ginlong(Solis) award Top 5 global single-phase string inverter market shares, and Top 4 global three-phase string inverter market shares.
Source: GTM Research
GTM Research is now Wood Mackenzie, the leading market analysis and advisory firm on the transformation of the global electricity industry.
GTM Research shows, in terms of market segments, shipments of global three-phase string inverter of 2017 is 46.233GW, year-on-year growth of 49%. Shipments of global centralized inverter of 2017 is 42.382GW. What is noteworthy is that, shipments of string inverter exceeded the centralized inverter for the first time, with a scale of 4GW.
String inverter is favored in large ground-based power stations because of higher power generation, adapting better to the complex environment, more sophisticated management in granularity, higher reliability, and lower maintenance costs caused by the multiple advantages of MPPT. Take the project of 2017 China PV pioneer for example, string inverter accounts for more that 80%.The GTM research also proves that string inverter have become a mainstream application trend in large ground-based power stations.
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