The photovoltaic (PV) tracker market in North America increased by 135 percent year over year to reach 5.5 gigawatt (GW) shipments in 2015. Raising its market share by 22 percentage points over 2014, NEXTracker moved ahead of Array Technologies, becoming the leading supplier of PV trackers last year, according to IHS research.
Almost without exception, European markets slipped down EY’s Renewable energy country attractiveness index (RECAI) rankings while less mature markets across Latin America, Africa and Asia continued their ascent, reveals the latest edition of the report.
German solar energy equipment supplier SMA Solar Technology retained its position as the world’s largest photovoltaic (PV) inverter supplier in 2015, maintaining the company’s 14 percent share of global PV inverter revenue it held in 2014. SMA had previously dominated the global PV inverter market, but the company has been challenged to maintain its market position following the decline of the European solar market, according to IHS, the leading global source of critical information and insight.