MLPE Technology to Stimulate the Production Sales of Solar Micro Inverters

Solar Micro Inverter Market

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.

A sample of this report is available upon request @ https://www.futuremarketinsights.com/reports/sample/rep-gb-1766

About Shambhu Nath Jha 134 Articles
Shambhu Nath Jha with an experience nearing a decade, has helped over 50 large and medium to small business enterprise to foray into new markets, increase footprint in the existing bucket and understand the nature of the beast. These beasts are the companies that have been primarily engaged in chemicals, material or packaging activities, and encountering challenge either in maintain P&L or staying ahead of their competitors. He has authored over 300 industry research papers consisting critical information such as market growth, total addressable market, serviceable addressable market, market size, forecast, player strategies, market share estimates and winning imperatives along with recommendations. He is also the pioneer of “three slope distributor/off-taker evaluation model” used by several multinational companies to track the performance of channel partners. A consultant by profession, writer by mood and explorer by desire, Shambhu Nath is currently employed with a London based market research and consulting firm as a full time consultant. A few of the industry verticals where he demonstrated his skill includes water and wastewater treatment chemicals, high purity alumina, water purifiers, activated carbon, chloramine filters, bio-based bioplastics, water purifiers, textile chemicals etc.