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Your position: Home > News > Industry News > This year, global energy storage inverter shipments reached 3 GW

This year, global energy storage inverter shipments reached 3 GW

I-PANDA I-PANDA 2018-12-22 10:31:22
Recently released "2018 energy storageInverterIn the (PCS) Report, IHS Markit announced its findings and forecasts for the fast-growing industry. Overall, Germany-based SMA Solar Technologies is leading the way in terms of electricity shipped in 2017, with nearly 400 MW. It is about 200 MW higher than its closest competitor, South Korea's Destin Power Company. Germany's WS Tech ranks third, followed by US Tesla and General Electric. A Chinese manufacturer enters the top ten: Sunshine Power Ranked sixth.

The report predicts that this year's energy storageInverterShipments will increase by more than 50% to 3 GW, while revenues will be nearly $400 million. Cormac Gilligan, IHS Markit's solar and energy storage research manager, explained that South Korea currently has a 25% market share, with the US accounting for 14% and China accounting for 13%.

Looking ahead, Gilligan said that it is expected that the grid-connected energy storage inverter shipments will grow at a compound annual growth rate of 25%, reaching nearly 7 GW by 2022, and revenue will reach about 600 million US dollars.

On the industry front, he said that these ratios are expected to remain very similar, with electricity in the utility sector accounting for more than half of sales, followed by commercial and residential electricity meters.

The report believes that the rapid development of renewable energy is a major factor in promoting the surge in energy storage demand. IHS Markit believes that in the next few years, the world will increasingly use higher average power ratings, such as electricity meters above 1 megawatt, and more DC-coupled or hybrid inverters to handle solar energy and storage in residential applications. can.

Gilligan said AC coupling solutions are still the solution of choice for retrofitting. However, during the forecast period, large DC-coupled inverters are expected to be installed more and more in front-end markets such as the US and China, as energy storage is increasingly coexisting with solar energy.

However, on the other hand, due to the widespread geographical distribution of storage devices and the increasing number of new suppliers entering the market, the competitive landscape in the field of energy storage inverters is still “highly unstable”.

Therefore, Gilligan said that the number of mergers, acquisitions and exits will continue to increase. “Other leading suppliers, such as Dynapower, are working with certain suppliers such as SMA and Raychem to help them sell DC-coupled inverters in markets such as the US and India.”

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