China's Inverter Market: Pricing Pressure

Thanks largely to China's national feed-in tariff (FiT) implemented last summer, the domestic market for PV inverters quintupled in 2011 to surpass 2.5 gigawatts (GW) of shipments, some 2.4 GW of actual installations, and $300 million in revenues, says IMS Research.

Among the firm's findings in a new report:

• Local Firms Rule.
• China's rapidly growing solar PV market
• Bigger Is Better.
• Prices Are Low.