The supplier base for PV inverters continued to fragment in 2012, with the market share of the world’s 10 largest suppliers falling by 6%, according to a report by IMS Research.
Advanced Energy Industries (AE) has started another round of restructuring aimed at taking advantage of the ‘fabless’ business model offered by recently acquired PV inverter company REFUsol.
The global market for energy storage in PV is forecast to grow to US$19 billion by 2017 from just $200 million last year, according to research by IHS.
Bill Gates has given financial backing to the development of a new energy storage system aimed at cutting the intermittency of renewable energy technologies such as solar.
US-based chemical corporation Dow has announced the completion and shipping of its Enlight polyolefin encapsulant film production line in Schkopau, Germany.