Global Solar Inverter Shipments Fall for the First Time in Seven Quarters During Q2

Worldwide market shipments of solar photovoltaic inverters declined by 5 percent year-on-year in the second quarter—the first such decrease since the third quarter of 2011—as demand fell in key European countries.

PV inverter shipments in the second quarter of 2013 amounted to 8.3 gigawatts (GW), down 5 percent from 8.7 GW during the same period in 2012, according to a new report entitled “The World Market for PV Inverters – 2013 Edition” from IHS (NYSE: IHS), a leading global source of critical information and insight.

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