Tom Haddon, PV Research Analyst, IMS Research
Demand returned with installers rushing to complete their systems and take advantage of current renewable energy tariffs before any cut was made. Germany emerged once again as the largest PV market and inverter revenues generated in this country doubled in a year to close to €1.5 billion. The country’s importance to the global inverter market is unquestionable as it accounted for over half of all inverters shipped worldwide.