Solar Power Optimizers Gaining Market Share - Renewable Energy World
A quick look at the maximum power point tracking (MPPT) and micro-inverter markets.
Demand for solar energy could be down as much as 17% on the year for 2009. This is the stark reality the industry is facing as it slowly emerges from the recession that has caused demand for energy across the world to drop for the first time in a half-century. While this may put a damper on power industry growth in the short-term, long-term energy demand worldwide is expected to double by 2050 and with concerns about climate change on the rise, the prospects for the solar power industry remain bright.