Although the lull is likely to be temporary, it is clearer than ever that the sector’s future hinges on emerging markets in North America and Asia, says SMA chief executive Günther Cramer.
The company controls nearly half the global market for PV inverters. It witnessed a “severe drop” in German demand late last year that bled into 2011, as a result of recent and impending changes to the country’s subsidy regime, which the government hopes will stabilise annual additions at 3-5GW.
The
