Solar Inverter Market To Grow By 40% In 2008
The global solar inverter market is projected to grow by more than 40% in 2008 driven primarily by continued strong demand from both Germany and Spain. IMS Research anticipates that growth will slow slightly in 2009 as feed-in tariffs are cut in these two countries; however, revenues from solar inverters are forecast to exceed $2 billion by 2010.
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