A shortage of components coupled to explosive demand in Germany led to a severe shortage of inverters last year, driving panicked customers to double up on their orders.
In response to the shortage and fiery demand, inverter makers ballooned their production capacity feverishly, ending the year with an industry-wide capacity of more than 30GW – more than double the 2009 level, according to Asha Sharma, PV director at IMS Research.
“This