Global Solar Inverter Decline Predicted by Wood Mackenzie
The global solar inverter market is set to contract for two consecutive years, declining by 2 per cent to 577 gigawatts AC (GWac) in 2025 and by a further 9 per cent to 523 GWac in 2026, according to consultancy group Wood Mackenzie’s latest market outlook for 2025. The downturn follows record shipments in 2024…