Dateline City:
ENGLEWOOD, Colo.
ENGLEWOOD, Colo. (December 1, 2015) – Year-over-year global photovoltaic (PV) inverter shipments increased 35 percent in the first nine months of this year; however, prices fell 26 percent to $0.12 per watt. Although global prices are declining, 20 gigawatts (GW) of inverters will ship in the fourth quarter (Q4) of 2015, leading to 4 percent year-over-year revenue growth reaching $6.9 billion. Increased competition in China, the United States and other key growth markets -- combined with stagnating markets in Japan and Germany -- have exacerbated falling prices, according to IHS Inc.
Language:
English
