Price pressure will cause more inverter companies to consolidate, says WoodMac report

Wood Mackenzie’s newly released report, “The global PV inverter and MLPE landscape 2019,” found the total revenue for the Top 5 global PV inverter vendors underwent a year-over-year decline of 10% last year due to “price pressure and fierce competition.” The report found that although global PV inverter shipments will continue to rise, market value will…

The post Price pressure will cause more inverter companies to consolidate, says WoodMac report appeared first on Solar Power World.

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