With the trend of photovoltaics moving towards refined development, efficiency has gradually become a common pursuit for all photovoltaic companies. This is not only reflected in the production process of modules such as monocrystalline replacing polycrystalline and diamond wire replacing slurry cutting, but also in other downstream processes, such as photovoltaic inverters, which have also experienced the process of string inverters catching up with centralized inverters in market share.
In the early stages of photovoltaic development, centralized inverters were the preferred choice for photovoltaic projects. They offered numerous advantages, including fewer components, fewer potential points of failure, high integration, and high power density, consistently holding the top market share. However, as the industry has evolved, string inverters have emerged as a strong contender, continuously increasing their market share, primarily due to the following reasons.
Firstly, centralized inverters are mainly used in large-scale power generation systems such as desert power stations and ground-mounted power stations. With the development of distributed photovoltaics, string inverters have begun to emerge due to their small size advantage, and have reduced costs and improved competitiveness in large-scale production.
Secondly, while maintaining its size advantage, string inverters are increasing their power output and expanding their application range, thus eroding the market share of centralized inverters and naturally increasing their market share.
Third, the vast market for string inverters has attracted more and more companies to participate, leading to continuous improvements in technological innovation and the development of more and better solutions, which in turn have gained more customer favor, creating a virtuous cycle.