L R AS Published on Saturday 10 September 2022 - n° 415 - Categories:inverters/micro-inverters

The power electronics boxes placed at the panels (MLPE)

Approximately 12 GW of panel level power electronics (MLPE) have been shipped worldwide in 2021, mainly for distributed installations,

according to IHS Markit. Demand has grown by 33% in two years (from 2019 to 2021)

Cumulative demand could reach 100 GW by 2026 (an eightfold increase) with three main markets: the US, Germany and the Netherlands. This high demand would come from distributed installations, which are expected to account for 43% of global PV installations.

As demand grows, prices are expected to fall.

https://www.pv-magazine.com/2022/09/09/shipments-of-module-level-power-electronics-could-hit-100-gw-by-2026/

PV Magazine of 9 September 2022

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