Analysis of the current situation of photovoltaic inverter

    With the recovery of the global economy, the financing environment of the solar photovoltaic downstream power plant market is gradually improving, and the use of photovoltaic inverters is also increasing. In the second half of 2009, the photovoltaic industry began to recover strongly, and the global annual installed capacity was 6.5GW.

    FIT in Europe is generally lowered, the first half of the surprise installation in Europe will be far more than expected, our latest forecast for 2010 global installation of 9.8GW, an increase of 50%. At the same time, the large-scale expansion of polysilicon manufacturers is conducive to the continued decline in cost, and the price of crystalline silicon modules is expected to further decline; The operating experience of film plants of various technical schools tends to be mature, which is conducive to realizing mass production and effectively reducing costs.The reduction of the European on-grid electricity price is conducive to the transfer of the industrial chain to developing countries, to a certain extent, it is beneficial to Chinese manufacturers, and also indicates that the industry''s technology and capital are re-integrated in the world, which is conducive to the reduction of battery costs and has a certain role in promoting the development of the industry.

    Photovoltaic inverter is the core power regulation device of photovoltaic system, accounting for the proportion of system cost between 10-15%, there is a high technical content, the world''s leading SMA market share of 44%, the second tier of four manufacturers accounted for 32% of the market, the rest of more than 150 companies divided the rest of the market.

    When polysilicon and module manufacturers struggle for meager profits, photovoltaic inverter giant SMA benefited from the large-scale installation of the terminal market, and began to enter a period of high profit growth in 2008, with an EBITmargin of nearly 25% for two consecutive years.

    It is expected that the photovoltaic inverter industry will still maintain a high profit stage in the next two years, with more and more competitors entering, the profit margin has declined, but thanks to the increase in the total amount of terminal system installation, the industry still maintains rapid growth, brand, technology, services, channels to become the winning way.

    Local manufacturers, dance with the Wolf due to the late start time of the terminal market, domestic photovoltaic inverter manufacturers are generally small, structural process, workmanship, performance stability and other indicators with foreign first-class level has a certain gap, but occupy more than 60% of the domestic market leading enterprises Hefei Sun power has made great progress, and began to enter the European high-power market.With the promotion of domestic policies, it is expected that the total domestic demand for photovoltaic inverters will reach at least 18.6GW by 2020, and the market size will exceed 50 billion yuan, while the national output of photovoltaic inverters in 2008 is about 25MW, and the market development space is huge. International giants began to concentrate on the domestic beach layout in 2009, and domestic competition will become increasingly fierce.

Win Power forward the news for information,not representing approval for some certain opinions in the passage.