Solar Inverter Market To Grow By 40% In 2008
The global solar inverter market is projected to grow by more than 40% in 2008 driven primarily by continued strong demand from both Germany and Spain. IMS Research anticipates that growth will slow slightly in 2009 as feed-in tariffs are cut in these two countries ; however, revenues from solar inverters are forecast to exceed $2 billion by 2010.
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The industry is run like the double glazing industry from the UK website I’ve seen.
It will be cheaper to stay on grid for 15 years with all the house lights on than go solar.