New ARC Advisory Group research on the Utility-scale Solar Inverters market reveals:
- Three-phase string inverters are valid alternatives to the central inverter for utility-scale solar plants.
- The upward trend toward 1,500 Vdc inverters started in 2016, and now it is the new norm for both central and string inverters.
- Microgrids have become a viable option for utility-scale solar plants in remote and almost inaccessible geographical areas, where the demand for reliable electricity is escalating, as all the elements (string inverters, battery backup/inverters) are there.
“Historically, this market was easily defined by the central inverter size, but as inverter technology has evolved, the unit price gap between central and string inverters has greatly diminished. As a result, string inverters have become much more viable for utility-scale solar projects, especially where the EPC faces certain project challenges, such as poor access roads, lack of skilled service teams in the region, and non-uniform mismatch due to uneven terrain or shading,” according to Steve Clouther, Senior Analyst at ARC Advisory Group and key author of ARC’s Utility-scale Solar Inverters Global Market Analysis Report.
About the Utility-scale Solar Inverters Market Research
This ARC research explores current market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global and regional forecasts for the utility-scale solar inverters market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modeling techniques. The market analysis includes five-year market forecasts by region, business, and inverter type.
This new research is available to meet the specific research and budgetary requirements of a wide variety of organizations. The Market Analysis Report (PDF) provides an executive-level summary of the current market dynamics, market forecasts, supplier recommendations, and an overview of strategic issues.
For more information on this and other available ARC market research, please visit our Market Data & Studies section.