Power-One reports it has sold more than one million Solar PV inverters worldwide. Power-One claims it has took over the number two spot in global market share for solar inverters, with an installed base of 3.2 GW. By now Power-One has an installed base of more than 10 GW, a three-fold increase in two years.
"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," said Alex Levran, President, Renewable Energy Solutions at Power-One, "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."
Power-One has launched recently the ULTRA series of central inverters that deliver the low LCOE in the utility-scale segment, the TRIO family of three-phase string inverters designed for commercial rooftop applications, and the Aurora MICRO, an alternative for the residential market.
Power-One says it has expanded presence in North America, India, Australia, Latin America, Japan, China, the Middle East and Africa.