Schneider ranked third in market share for global central inverters
Schneider Electric Solar Business has announced that, according to a recent 2014 IHS report, they have been ranked third in market share for global central inverters in revenue terms, representing the highest market share growth in the segment.
Schneider Electric achieved this position through balanced growth in all continents, in very diverse geographies, including Japan, India, Thailand, and the Philippines for the Asia-Pacific area; the USA, Mexico, and South America for the Americas; as well as the UK, France, and Central Asia for the EMEA (Europe, Middle East, and Africa) region.
The 2014 figures include partial shipments to the largest PV site built in the EMEA region, the 300 MW project, located in Cestas, France, where Schneider Electric was the chosen provider for the complete electrical balance of systems, including a 220kV grid-tie substation fitted with an advanced power plant controller driving 400 inverters in the field. Schneider Electric will also provide services for the complete solution, with guarantees on equipment availability for 20 years.
Commenting on the market share figures published by IHS, Arnaud Cantin, Vice-President of the Power Plants Line of Business for Schneider Electric, said: "I would like to thank all the customers who entrusted Schneider Electric with the supply of critical equipment and services for their PV investments, and have enabled us to become a true global leader in the utility scale segment. By accompanying and supporting our key accounts in global development, we can avoid the risk of being exposed to high variability in single countries, and position Schneider Electric as a future leader in an increasing number of high potential geographies. I strongly believe that our current strengths, coupled with the development of new power conversion and system control technologies for both PV and energy storage applications, will enable Schneider Electric to further develop long-term business relationships with consolidating key actors, and secure our leading position in the segment."
