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PV inverters

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Ingeteam has supplied 2 GW of power for solar PV plants throughout the world during the first half of 2019. This means that the company’s technology will be capable of supplying renewable energy to more than 400,000 homes once commissioned. In total, the Spanish company has reached a cumulative power of 14.5 GW throughout the world, which could satisfy the energy demand of about 3 M homes. In 2019, the key markets in which the company has grown its solar business are the Middle East region, Australia, Mexico, Spain, Chile and France.

Ingeteam closed 2018 with a new record of 3.85 GW supplied, for solar PV installations worldwide. So far this year, Ingeteam has already exceeded half this figure and the company is expected to pass the barrier of 4 GW in 2019.

The Ingeteam Group is one of the world’s leading suppliers of technological solutions for PV plants, control, monitoring and automation systems as well as energy storage systems. In this regard, this year Ingeteam has been entrusted with the supply, commissioning and provision of services for the largest solar PV project in Europe, now being built in the region of Murcia, Spain. The company was awarded the contract for the Mula project, which will achieve an installed power capacity of 500 MWp, to become the largest plant in Spain and Europe.

It is estimated that, by the end of 2019, the plant could be operating through the connection point at the El Palmar substation, a strategic hub for the power transmission grid in the region of Murcia.

Energy storage

Energy storage is a key sector for Ingeteam, where the company is positioning itself for the considerable development expected in the short and medium term for systems of this type, both at a residential level and also on a large scale. In fact, Ingeteam is marketing its battery converters for both segments and, in 2018, the company supplied this equipment primarily for hybrid systems that combine PV generation with energy storage. Sales in this sector were principally made to countries such as the United States, Spain, the United Kingdom, Australia, the United Arab Emirates, India, Poland and the French overseas departments.

Global leader in the provision of Operation & Maintenance Services

Furthermore, the company has achieved a new annual record for maintained power, exceeding 15 GW of renewable power across the globe, of which 6.1 GW correspond to solar power in more than 550 PV plants. This means that, at present, Ingeteam’s operation and maintenance division is strengthening its position as a global leader in the provision of O&M services at energy generation plants.

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The global solar PV inverters market is set to decline at a compound annual growth rate (CAGR) of 13.2% and reach US$3.04bn in 2023, primarily due to a sharp drop in inverter prices and slowdown in solar PV installations, according to GlobalData. The company’s latest report,‘Solar PV Inverters, Update 2019 – Global Market Size, Competitive Landscape, Key Country Analysis, and Forecast to 2023’,reveals that competitive market, economies of scale and removal of subsidies are forcing manufacturers to restructure their prices to retain businesses in a highly fragmented market.

Asia-Pacific (APAC) accounted for approximately 71% of the inverters installed globally in 2018, followed by the Americas with 16.5% and EMEA with 12.5%. Despite the contraction in its market share, APAC is expected to dominate the market over the forecast period (2019–2023), supported by trends in China, India and Japan.

Globally, China is the largest market for solar PV inverters. The aggressive pursuit of solar by the country led to significant capacity additions over the historic period (2014–2018), with 44.3 gigawatt (GW) installed in 2018 alone. However, the market is expected to slow down significantly with the government opting to reduce solar subsidy for utility scale projects and feed-in-tariffs. The market size in China is estimated to decline at a CAGR of 10.1%, over the forecast period. Similarly the reduction in feed-in-tariffs and limited scope for expansion of large projects will see the market in Japan decline to 5.4GW in 2023.

By 2023, the solar PV inverter markets in Americas and EMEA will expand to 21.3% and 19.6%, respectively of global installations. The Amercias market is greatly influenced by movements in the US market. It is the second largest market for solar PV inverters in the world and is supported by federal and state initiatives such as Sunshot initiative, federal tax credits, net metering and state issued renewable energy goals. The US market is estimated to grow at a CAGR of 2.8% to reach 12.8GW in 2023.

The emergence of supportive policies and regulations to increase solar energy deployment in other countries will propel the solar PV inverter market in Americas. Solar PV is expected to be ramped up in EMEA, particularly in the Middle East driven by government targets and policies encouraging uptake of solar.

The slowdown in prominent markets will have a moderate impact on the global outlook for solar PV inverters. With renewables becoming integral in governments’ development plans, solar PV will be the mainstay in the drive towards deploying renewables.

Opportunities in emerging markets will arise due to a decline in technology prices and strong support for solar PV to compensate to a certain extent for the drop in installations among leading markets. Competition and evolving market conditions are exerting pricing pressures on manufacturers, driving down inverter prices. Improvement in manufacturing efficiencies and scale of economy will translate into steeper decline in inverter costs for utility scale projects, in comparison to other consumer segments.

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India has an outstanding solar potential and has become one of the largest emerging PV markets. However, its solar road gets bumpy from time to time. On July 30 last year, Indian government announced a 25% safeguard duty on imported PV modules, which shocked the solar industry. As a result, India had added a solar capacity of 8,263 MW by the end of 2018, down from 9,782 MW added in 2017.

Yet, India’s rooftop solar continues its growth impressively with YoY growth rate at 66 percent. Under these circumstances, brands from China that focuses on rooftop solar are continuing their expansion across India. Growatt, the Global Top 10 Solar Inverter Supplier has been increasing its investment in India.

“We’ve been here in India for over eight years. And we’ve seen through years of strong growth an enormous solar potential of Indian rooftop. One key factor is that the commercial and industrial consumers are paying higher grid tariffs and this is a good incentive for them to get PV systems on their roofs. So we are very optimistic about Indian rooftop solar market in the long term.” said Rucas Wang, Growatt Regional Director. Wang, who is very familiar with the local solar community. And he understands the potential and importance of Indian solar market.

“Indian solar market is on top of our list for business growth. We started increasing our investments significantly in marketing and staffing last year. Now we have a team of 24 local sales and service engineers. Service offices have been established in eight major cities to provide on-site service across India. A toll-free service hotline has also been set up as well to provide fast response for our customers.”

With continuous investments by leading solar companies like Growatt, Indian rooftop sector will probably become increasingly vigorous in coming years. And if policy and financing support comes in, rooftop installations will take off for sure.

Source: Growatt

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China’s Huawei Technologies Co Ltd has established a team in Spain for its solar string inverter division, Huawei FusionSolar, in a bid to seize opportunities in the country’s growing PV market. Huawei has said that Spain would be the priority market for the business unit, which already has a team of 15 in the sales and pre-sales departments.

Last year, Spain installed 261.7 MW of new PV capacity, a 94% increase compared to the previous year and up by 500% compared to the 2016 installations, Huawei said citing data by the Spanish Photovoltaic Union (UNEF). The Spanish PV market could grow up to, or even surpass, EUR 5 billion (USD 5.7bn), the Chinese company added.

In 2018, engineering, procurement and construction (EPC) firm Grupotec selected Huawei as the supplier of string inverters for a series of Spanish solar projects with a combined capacity of 168 MW. Huawei expects to negotiate new contracts in Spain throughout the year eyeing an order volume of more than 3 GW. It also intends to grow its business through government-awarded projects and power purchase agreements (PPAs) with private companies, as well as offer solutions for self-consumption schemes.

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    PV

    Growatt is one of the world’s top PV inverter brands. Established in 2010, Growatt started with a vision to lead in the PV inverter sector and contribute to clean energy. Growatt provides a broad range of solar energy solutions, including solar inverters from 750 W to 2.52 MW, energy storage solutions for on-grid and off-grid applications, smart energy solutions etc. Driven by the expertise of over 200 professional R&D engineers and continuous investment, Growatt has grown into a global leader with presence in over 100 countries. By 2017 Growatt has become one of the global TOP 10 PV inverter brands according to IHS Markit.

    www.ginverter.com

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    PV inverters manufacturer, Growatt has established a new office in Rotterdam Netherlands, which marks a step forward for its localization strategy. After Germany, Italy, Hungary and UK, Netherlands becomes the fifth country in Europe to have Growatt branch office. This is an important milestone in its dedicated efforts and continuous investments in the region.

    Ever since entering the Netherlands market in 2011, Growatt has been growing rapidly because of its reliable product quality and services and has become the No.2 inverter brand in the residential sector. It has also become the main inverter supplier for the iChoosr projects and has supplied more than 10,000 inverters by far. “Growatt has kept a very good momentum with our technology advantages, comprehensive product lineup and localization. By establishing new office in Rotterdam with local engineers, our service team is able to cover the Benelux countries with better support,” says Ramon Li, Growatt European Director.

    Growatt has developed a strong and close relationship with local partners and this move will further strengthen the partnership and provide faster and better support for the clients. “Now our Rotterdam office is staffed with local Dutch speaking service engineers, which would make it easier for EPCs or installers to solve issues found during installation and maintenance. A service hotline has been established as well,” Li continues. “Additionally, we plan to hold training workshops in Rotterdam office and better serve the customers.”

    With new entity created, Growatt can now import the inverters directly and deal with import Customs clearance and take care of regulatory affair. “Now when customers place an order, we will be able to ship directly from our warehouse. We’ll be able to better manage the inventory level and ensure on-time fast delivery of the products or replacements. Customers will save time and energy and enjoy better services from Growatt.”

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    To date, Ingeteam has supplied 140 MW to Chile for solar projects coming under the Distributed Generation by Small Power Producers (PMGD) program, which supports the execution of generation projects with rated powers of up to 9 MW.

    Distributed generation is an ongoing trend in Chile and in many other countries, accounting for one quarter of global investment in renewables in 2015. To promote the construction of projects of this type, the PMGD program gives PV plant owners the guarantee that they will be able to sell all their output to the electricity grid. Moreover, the National Energy Commission (CNE) allows these producers to choose between the sale of energy at either a marginal cost or stabilized price. In this latter case, producers are guaranteed stable prices that are higher than market prices, given the fact that these prices are calculated every six months by the CNE and are not subject to a time of day variation.

    In the past two years, Ingeteam has supplied its PV inverters for ten solar projects of this type and is now supplying fourteen of its Inverter Stations with 1500V technology for seven solar PV plants that are being built by Grenergy, a company that also decided to install Ingeteam’s PV inverters at the La Esperanza, Marchigüe, Mostazal and Luders photovoltaic plants. Thanks to the supply of PV inverters for these last seven projects, Ingeteam has reached a total power of 140 MW at plants coming under the PMGD program in Chile. Ingeteam also has a portfolio of upcoming projects for this country, in which it holds a privileged position in the PV inverter manufacturer ranking.

    In order to ensure a correct operation of the electric system, a project under the PMGD program must implement functionalities as minimum electric protections at the coupling switch. These functionalities are performed by Ingeteam’s PL70SV, already in operation in more than 20 installations of this kind. Ingeteam has supplied protection and control systems to the Chilean market to connect with the electric grid 12 renewable energy power plants –wind and solar PV-, totaling more than 1,100MW.

    Furthermore, since Ingeteam first started operating in Chile, five years’ ago, the company has also gone on to secure its position as a leader in the operation and maintenance of renewable energy generating plants. In Latin America, the company provides maintenance services to a total of 2.5 GW, of which 664 MW correspond to Chile, accounting for 33% of the country’s total installed renewable power. In the solar sector in Chile, Ingeteam maintains a total of 330 MW. This record figure was primarily achieved thanks to the presence of Ingeteam in the Atacama desert. In fact, Ingeteam is going to supply the integral O&M service to four of these solar farms: Cachiyuyo Solar, Malaquita Solar, Valle Solar Este and Valle Solar Oeste. For the rest, the company will provide after-sales service.

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    Ingeteam has secured the supply and installation contract for Europe’s largest PV project. The Mula PV plant, located in the south-east of the municipality of Mula in the region of Murcia, will have an installed power capacity of 500 MWp, which will make it the largest PV plant in Spain and in Europe as a whole.

    Thanks to this new contract, by December Ingeteam will reach the figure of 2,000 MW in PV inverters supplied to the Spanish market. Added to this milestone are the 900 MW of PV power maintained by Ingeteam in Spain.

    It is estimated that, by the end of 2019, the plant could be fully operational, through the access and connection point at the El Palmar substation, a strategic hub for the power transmission grid in Murcia.

    Covering a surface area of almost 1,000 hectares, similar to around 2,000 football pitches, the Mula solar plant is calculated to produce more than 750 million kWh per year, providing sufficient energy to supply a city of 450.000 inhabitants. The scale of the project makes this a unique initiative for the region, positioning Murcia as a leading renewables producer at a global level.

    Delivery has already started on the total of 238 central PV inverters to be supplied by Ingeteam, all with 1500 Vdc technology. Moreover, the supply is not limited to the PV inverters, but covers the complete medium voltage solution, the Inverter Station. This solution comprises all the low and medium voltage equipment required (LV/MV transformer, MV switchgear, LV switchboard and auxiliary services transformer), which is connected in the field to the PV inverters.

    Apart from the supply of equipment, Ingeteam is to perform the work to unload, position and connect the 74 inverter stations, in addition to the commissioning and electromechanical installation work.
    This new contract strengthens Ingeteam’s position in Spain, where the company is set to close this financial year with a total of 2 GW of power supplied and reaching a figure of 900 MW of maintained power in the Spanish PV market. This figure consolidates the company’s global leadership position in the provision of power plant Operation & Maintenance Services, with 12 GW.

    Scope of supply

    – 74 inverter stations fitted with all the necessary equipment to inject medium voltage power: PV inverters, LV/MV transformer, medium voltage switchgear, auxiliary services transformer and low voltage switchboard.
    – Two hundred and thirty-eight 1500 Vdc photovoltaic inverters, each with a rated power output of 1690 kW, pertaining to the INGECON® SUN PowerMax B Series family.
    – Work involving the unloading, positioning, installation and connection of the PV inverters.
    – Commissioning and electromechanical installation of 74 inverter stations.

    Source: Ingeteam

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    GoodWe, one of the leading PV inverter manufacturers in the world, strengthens its commitment to developing markets with the announcement of the expansion of a new service support center in Mumbai, India. This will allow GoodWe to provide better local support to projects and partners in the area, which is a key strategic market for GoodWe. With 69 GW installed renewable power capacity, India is set to become one of the largest global solar hubs in the coming years.

    GoodWe has set up an integrated service system to cover the entire sales process and has already established service centers in the UK, the Netherlands, Germany, Turkey, Australia and India. GoodWe’s qualified service network team is available at all times to provide local technical support whenever and wherever required. A professional team of authorized engineers can perform on-site inspections, testing and debugging and providing repair or replacement if necessary, using the latest techniques to maximize inverter performance while minimizing production or process downtime.

    “GoodWe is always committed to optimize all kinds of resources to better meet our customers’ needs,” said Huang Min, CEO of GoodWe. “With our same level of unmatched R&D, manufacturing and service capabilities, the expansion of our service support capabilities in India will significantly enhance our strength to meet customer demands locally and elsewhere in the world.”

    Source: GoodWe

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    Ingeteam has recently signed a number of contracts for supplies to PV plants in Australia, a country in which the company boasts an important market share in the solar sector. Thanks to these new contracts, Ingeteam has reached the figure of 1,060 MW supplied to the Australian PV market.

    The company, which has been present in Australia for more than five years now, is to supply a total of 377 central PV inverters, all with 1,500 Vdc technology, with delivery now underway. These inverters, which are part of the INGECON SUN PowerMax B series family, are being sent to five large solar generation plants, totaling 620 MW.

    Moreover, the supply is not limited to the PV inverters, but covers the integrated medium voltage solution, which is divided into two types. Approximately 63% corresponds to the Skid series for Ingeteam’s Inverter Station solution, which comprises a metal platform or skid holding all the low and medium voltage equipment required (LV/MV transformer, MV switchgear, LV switchboard and auxiliary services transformer), and which is connected in the field to three 1500 Vdc inverters.

    The rest of the supply corresponds to the INGECON SUN CON40 power stations where the equipment mentioned above (three 1500 Vdc PV inverters, LV/MV transformer, MV switchgear, LV switchboard and auxiliary services transformer) is housed in a 40 foot container, shipped as a turnkey solution.
    Moreover, Ingeteam has recently commissioned two solar plants totaling 146 MW in the state of Queensland. These plants have also been equipped with 1500 Vdc PV inverters, integrated in the INGECON SUN CON40 power stations.

    On the other hand, the company is set to commission another plant, with an output power of 119 MW, for which it has supplied 25 Inverter Stations each equipped with seventy-five 1600 kW inverters.

    These new contracts consolidate the position of Ingeteam in Australia, where the company has now crossed the 1 GW threshold of power supplied to the solar market.

    Scope of supply

    • 80 power stations fitted with all the necessary equipment to inject medium voltage power: three PV inverters, LV/MV transformer, medium voltage switchgear, auxiliary services transformer and low voltage switchboard.
    • 47 power stations of the INGECON SUN CON40 series fitted with all the necessary equipment to inject medium voltage power: three PV inverters, LV/MV transformer, medium voltage switchgear, auxiliary services transformer and low voltage switchboard, all housed in a 40 foot container.
    • 377 units of 1500 Vdc photovoltaic inverters, each with a rated power output ranging from 1600 to 1740 kW, pertaining to the INGECON® SUN PowerMax B Series family.
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