Prices for the technology continue to fall, "both like-for-like reductions, with suppliers making their usual start-of-year price adjustments, but also due to trends towards lower-priced products and end-markets" – but bullish order levels drove a 5.4% increase in industry revenue.
"While falling inverter prices is a constant issue for suppliers, the strong start to 2015 in the first quarter in terms of global shipments will give a lot of the suppliers some breathing space and allow them to at least maintain or possibly grow their business in 2015," IHS senior analyst Cormac Gilligan tells Recharge.
Deliveries
