Supply of energy storage inverters in Southern Europe

What's going on with a solar inverter company in Germany?

The company’s strategy is to shift its focus toward C&I storage applications, while tapping Germany’s rapidly increasing do-it-yourelf solar market. Lisa Zhang, vice president of the inverter manufacturer, met with pv magazine during The Smarter E trade fair in June in Munich, Germany.

How big is Europe's inverter industry?

In its Inverters 2.0: Strengthening Europe’s inverter industry report, SolarPower Europe said Europe’s inverter manufacturing capacity grew from 72GW in 2022 to 82GW in 2023, representing a 14% growth.

How can Solarpower support the inverter manufacturing industry in Europe?

The company will focus on manufacturing microinverters in the US, with two existing contract manufacturing partners in South Carolina and Texas. SolarPower Europe suggested five measures to support the inverter manufacturing industry in Europe. Firstly, the right conditions for inverter manufacturers in Europe must be ensured.

Will C&I energy storage continue in Europe?

Zhang said she expects this trend to continue in Europe. C&I energy storage in Europe is growing rapidly, supported by policies across various countries. Examples include Italy's energy community subsidies and dynamic electricity pricing in the Nordic region.

Which countries produce the most inverters in the world?

Last year, the global inverter manufacturing capacity reached 559GWac, with Asian countries accounting for 76.9% of the capacity, while European inverter manufacturers only produced 21% of inverters worldwide in 2023. SolarPower Europe said that despite this share, the EU has significant production capacities for power modules and microcontrollers.

Will Spain install 242 MW of energy storage in 2023?

Spain will install 242 MW of energy storage in 2023 and is expected to increase to 5.8 GW by 2030. Although the foundation is solid, but the lack of core incentive policies, the subsequent growth of the market is weak.