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Renewable Energy: Boom of the Inverters Market in Germany and Spain
Frost & Sullivan to Host Quarterly Analyst Briefing on the European Inverter Markets for Renewable Energy Systems on Wednesday, November 28, 2007
LONDON - The renewable energy boom has opened up an unprecedented market for clean energy-based inverters in Europe. An indispensable part of solar, wind or fuel cell installations, inverters transform direct current from the renewable source to alternating current for industrial or domestic use and also transfer this power to the utility grid.
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On this topic, Frost & Sullivan will host a free telephone and web briefing on Wednesday, November 28, 2007 at 2:00 p.m. GMT to provide industry participants with an overview of the European Inverter Markets for Renewable Energy Systems. This briefing discusses the major trends along with the challenges faced by manufacturers.
"European renewable inverters industry is going for the gold with an unprecedented boom in Spain and huge sales in Germany. Europe abounds in potential due to the encouragement given for the renewable energy industry as a whole. This is an interesting market where growth rates are mind-boggling and each country springs surprises. A highly country-specific market, knowing each country and its industry in detail is a must for players to move forward," observes Research Associate Chandni Raj.
The market for renewable energy inverters is highly competitive and not an easy one to tackle. Solar inverters make 99 per cent of the total inverter market. Spain and Germany put together form around 95 per cent of the entire solar inverter market. Other than these countries, Greece and Portugal are coming up in a big way. Italy and France are growing too, albeit at a slower pace. However, revenues and growth in Spain and Germany can no way be matched by any other country in Europe.
This briefing will highly benefit solar inverter manufacturers and large-scale distributors who want to boost their business by knowing what is happening in their markets currently and what future holds in store. This will also give an insight for manufacturers who want to foray into newer geographies or increase production. Going further, this will greatly benefit entrepreneurs looking at solar inverters as a possible diversification option.
To participate, please email Chiara Carella - Corporate Communications at chiara.carella@frost.com with the following information: your full name, title, company name, telephone number, e-mail address, city, state, and country. Upon receipt of the above information, a registration link will be emailed to you. You may also register to receive a recorded version of the briefing at anytime by submitting the aforementioned contact details.
About Frost & Sullivan
Frost & Sullivan, the Growth Consulting Company, partners with clients to accelerate their growth. The company's Growth Partnership Services, Growth Consulting and Career Best Practices empower clients to create a growth focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents. For more information about Frost & Sullivan’s Growth Partnerships, visit http://www.frost.com .
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For further information , please contact:
Frost & Sullivan
Corporate Communications – Europe
Chiara Carella,
Phone no: 44 (0) 20 7343 8314
Fax: 44 (0) 20 7730 3343
Email : chiara.carella@frost.com
Source: Frost & Sullivan
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