Enphase difficult SolarEdge in US inverter market – pv journal Worldwide - Yepmode News

Enphase difficult SolarEdge in US inverter market – pv journal Worldwide

From pv magazine USA

Enphase steadily expanded its U.S. inverter market share all through 2020, difficult the sustained grip that SolarEdge has lengthy held.

In a latest presentation for Roth Capital Companions, Chris Collins – the founding father of Ohm Analytics – mentioned inverter market share information throughout a pattern of allow and interconnection sources in New York, Massachusetts, Vermont, Texas, Colorado, Florida, North Carolina, and Washington, D.C.

The numbers for Enphase (proven within the graph in blue) don’t characterize the complete scope of the inverter business, however the markets in query are all related. Based on the presentation slide, Enphase’s market share has been rising steadily since July. After struggling a dip in September, it overtook SolarEdge for the primary time in October.

As of December, Enphase held a 48% share of the chosen markets, in comparison with SolarEdge’s 40%. The timing of its rise in market share coincides with the launch of its Encharge battery in North America in July.

Enphase is ready to launch its fourth-quarter monetary outcomes on Feb. 9. This might make clear how the Encharge battery system has helped to develop its market share.

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