Inverter competition causes consolidation and exits 2020 Trends in Solar

The inverter manufacturing market is always competitive, but the past year was even more challenging for companies. A Wood Mackenzie report found total revenue for the Top 5 global inverter vendors declined 10% last year due to price pressure and fierce competition. These issues caused numerous acquisitions and exits in 2019: ABB paid Fimer to…

The post Inverter competition causes consolidation and exits <br><span style='color:#404040;font-weight:600;font-size:15px;'>2020 Trends in Solar</span> appeared first on Solar Power World.

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