Dublin - Research and Markets has announced the addition of the "Market for Solar PV Inverters in China" report to their offering.
“Market for Solar PV Inverters in China”
China has been expanding its solar installation capacity in recent years and has now become a global leader in the solar photovoltaics market. With the prices of solar modules and balance of systems falling, the solar PV market has been growing exponentially in the country.
With the Chinese government introducing several incentives and subsidies to promote the growth of the solar PV market, the Chinese solar PV market is slated to equal the US market by the end of 2012.
Due to the fast growth of the solar PV industry in China, the PV inverter market in the country has also been witnessing rapid growth. With China being an emerging market for PV inverters, the manufacturing of PV products is gaining ground. China has developed a reputation for being a manufacturing hub for PV inverters and with the consumption of solar PV growing in the country, China is all set to become a market leader in the PV inverter market in the coming years.
In this industry scenario Taiyou Research analyzes the Market for Solar PV Inverters in China.
Source: Business Wire