In photovoltaics, a solar micro inverter, also known as a microinverter, is a plug-and-play device that transforms direct current (DC) generated by a single solar module to alternating current (AC) (AC). A device that converts the energy provided by solar panels into usable electricity. For optimal control and reliability, each micro inverter is coupled to a single solar panel. Micro inverters, as opposed to conventional inverters, provide for module-level monitoring, quicker installation, increased design flexibility, and improved safety. The solar micro inverter is much more efficient than traditional systems and uses Maximum Power Point Tracking (MPPT).
As a result, there is a growing demand for solar micro inverters all over the world, propelling the solar micro inverter market forward. Loom Solar, for example, launched the world's most advanced IoT-based Solar AC Module (micro inverter technology) in India in January 2020. This highly integrated technology is poised to meet one of the main targets of assisting green power generation by harvesting solar energy and lowering the per-unit carbon footprint during electricity generation. Furthermore, as the number of solar installations, such as solar panels, has expanded over time, the demand for solar micro inverters is likely to rise.
According to the Solar Energy Industries Association (SEIA), Solar has ranked first or second in new electric capacity additions in each of the last 8 years. In 2020, 43% of all new electric capacity added to the grid came from solar, the largest such share in history and the second year in a row that solar added the most generating capacity to the grid. This in turn is expected to boost the growth of the solar micro inverter market. Microinverter can be constructed from simple, off the shelf components, or can be designed and fabricated from highly specialized components, depending on your particular needs and applications.
Furthermore, as more people have begun to include solar energy into their entire electricity and power consumption portfolio, the use of micro inverters has increased dramatically in recent years. Solar micro inverters provide several advantages over traditional string and central inverters, including increased safety, longer life cycles, module level monitoring, high energy yield, simplicity, flexibility, and improved labour efficiency. As a result, there is a growing demand for solar micro inverters all over the world, propelling the solar micro inverter market forward.
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