Chinese inverters continue to gain acceptance
The report, IHS PV Inverter Customer Insight Survey, from the Power & Energy service of IHS, also found that Chinese-made inverters are gaining increased acceptance in places such as the United States, Germany and the United Kingdom.
Chinese inverter suppliers appear to be overcoming the perception that their products are not of adequate quality, according to the report. Half of the buyers who were asked whether they thought Chinese inverters offered sufficient levels of quality answered yes. This shows that the global level of acceptance for Chinese inverter suppliers has increased for a second consecutive year, Gilligan remarked.
The biggest increase was recorded in United Kingdom, where nearly 60 percent of inverter buyers consider Chinese inverters to be acceptable quality, compared to 40 percent in the U.S.
"The last two years have seen the United Kingdom transform quickly from a booming new market with a highly attractive feed-in tariff (FiT), to a steady-growth, low-cost region with lean subsidies,” Gilligan noted. "As a result of high price pressure in the U.K., the country has become a strong focus for Chinese suppliers, which have been able to gain a foothold in Britain. The price declines in the U.K. have been driven by regular reductions to the FiT and the many systems being designed to meet minimum renewables requirements in new buildings at the lowest possible upfront cost."