Power-One announced today it has surpassed the one million mark for PV inverters sold worldwide.
In 2010, Power-One says it took over the number two spot in global market share for solar inverters, with an installed base of 3.2 GW. Today, the company has an installed base of more than 10 GW, representing more than a three-fold increase in just over two years.
“We are extremely proud of reaching this important milestone of one million inverters sold, and are even more pleased with our impressive global installed base of 10 GW,” said Alex Levran, president, renewable energy solutions at Power-One.
“This truly speaks to our technology leadership, our steady stream of new and innovative product introductions, our geographic expansion strategy and our strong distribution and post-sales network. We continue to respond to the evolving needs of our customers, by delivering comprehensive solutions across all market sectors and major geographies.”