Power-One, a global manufacturer of renewable energy and energy-efficient power conversion and management solutions, has surpassed the one million mark for solar photovoltaic inverters sold worldwide.
This milestone can be attributed to the significant growth Power-One has experienced over the past several years, Power-One says.
In 2010, Power-One took over the number two spot in global market share for solar inverters, with an installed base of 3.2 gigawatts (GW).
Today, Power-One has an installed base of more than 10 GW, representing a more than three-fold increase in just over two years.
Power-One Renewable Energy Solutions President Alex Levran explains “We are extremely proud of reaching this important milestone of one million inverters sold, and are even more pleased with our impressive global installed base of 10 GW.
“This truly speaks to our technology leadership, our steady stream of new and innovative product introductions, our geographic expansion strategy and our strong distribution and post-sales network. We continue to respond to the evolving needs of our customers, by delivering comprehensive solutions across all market sectors and major geographies.”
As a technology company in the solar inverter category, Power-One has leveraged innovations to introduce products that are highly regarded in the photovoltaic (PV) industry, based on their flexibility and performance.
Power-One has launched a stream of products over past years, including most recently the Aurora Ultra series of central inverters that deliver the lowest levelised-cost-of-energy in the utility-scale segment, according to the company.
Other products offered by Power-One include the Aurora Trio family of three-phase string inverters designed for commercial rooftop applications, and the Aurora Micro, an alternative for the residential market.
Geographically, Power-One has a presence in regions including North America, India, Australia, Latin America, Japan, China, the Middle East and Africa, and is positioned to serve the global PV market with a full complement of products.