Increasing demand for efficient inverter systems is driving the production sales of solar micro inverters. Apart from this, reducing costs of micro inverters has led to increase in customer base. Surging photovoltaic installations along with growing awareness regarding the advantages of module level power electronics technology is stimulating the growth of global market for solar micro inverter since the recent past. Increasing AC modules and demand for integrated products is likely to help manufacturers develop products in a way to meet increasing consumer demands.
A recent report anticipates that the global market for solar micro inverter will expand at an outstanding 16.6% CAGR during the forecast period, 2016-2026. Companies namely Sparq Systems, Enphase Energy Inc., SunPower Corporation, iEnergy Co. Ltd., Altenergy Power System Inc., Northern Electric and Power Co. Ltd. and SMA Solar Technology AG among others will witness a sizeable growth globally. Leading companies are intent on marketing schemes such as product developments and growing their product portfolio.
Enphase Energy Inc. Launches IQ™ Micro Inverters in India
Enphase Energy Inc. recently announced the launch of micro inverters across India. Key players can focus on the new addition in the company’s IQ product portfolio that is powered by an efficient software-defined architecture. This has led to distinct design as well as single hardware SKU (stock keeping unit). IQ™ micro inverters offers convenient installation process with two new revolutionary wire cabling. It also leverages semiconductor integration for the purpose of better economic scale and higher reliability.
Envoy-S™ communications gateway by Enphase Energy Inc. provides consumers with the ability to utilize both IQ 7 and IQ 6 micro inverters interchangeably on every installation. The company has integrated its IQ family with solar energy for increasing its position in the global market for solar micro inverters. This new development also helps in reducing maintenance and installation costs, thereby increasing customer base. This technology efficiently supports the operators in dusty and harsh circumstances such as India. Manufacturers must note that IQ™ micro inverters mainly help in effective asset management by means of planned maintenance and granular fleet monitoring.
Sparq Systems Inc. Introduces Smart-Grid Ready & Low-Cost Micro Inverter
Sparq Systems Inc. recently announced the launch of a new Q1200 micro inverter. This Q1200 micro inverter is a quad micro inverter that provides low-cost smart-grid capability and power conversion. Q1200 micro inverter delivers highest power density and power output with the lightest weight across the industry. Q1200 micro inverter is compliant with UL1741SA, which helps in adapting to grid circumstances, thereby creating or absorbing reactive power occurring or required on the grid. Moreover, patented digital controls help in maintaining stability of grid.
Key players must focus on the advanced smart-grid power supply networks of Sparq Systems Inc. as it can significantly help in expansion of business. Apart from this, manufacturers are to note that Sparq Systems Inc. has been putting immense efforts in developing long-life components, thereby setting new standards with regards to energy harvest, reliability, ease of installation and cost.
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