Solar power has been used to generate electricity for the sake of serving the pubic for decades, while residential solar power systems have just been Palm Springs architects introduced to homes in recent years. Although large-scale solar power plants have been built and are still being built daily, residential solar systems have just stepped into a new phase that has never been anticipated. The wise choice for PV inverter manufacturers is to manufacture residential solar inverters.
1. There is more space to fill in the residential solar system market than in the large-scale solar power plant market.
Large-scale solar power plants have been built up across the whole world including those in Europe, America, Asia, Oceania and Africa. Today there are lots of such power plants still being built including those in the US, China and India. At the same time many international giants such as SMA, Power-One, Sungrow and Advanced Energy have manufactured high watt inverters for years and they have bitten the lion’s share in the solar market.
It is difficult for small businesses to compete with such companies. However, the micro residential inverter market is a new one and is awaiting more advanced development. Therefore, turning to manufacturing these modules is a better choice.
2. More profits can be anticipated by producing residence friendly solar inverters.
Compared with high watt inverters, lower watt inverters for homes have more space to develop. Although they are small and seem to be less profitable, they are in fact profitable because they are easy to sell and are welcomed by more and more residents who are planning to install solar power systems on their rooftops.
Now the US, the UK, Germany, Japan and China are turning their energy uses to the solar market, and many people living in these countries have enough financial budgets to support them to install PV systems on their rooftops. The U.S. residential PV system market is booming, and it is followed by the Chinese market. More importantly, these governments give incentives to those who go solar by installing solar panels. Thus, more profits can be expected.
3. Residential inverters are small and simple compared to power plant inverters, which suggests residential inverters are easier to transport and install.
Usually solar inverters are sold along with a solar power system by a contracted company. When these modules are transported, it will save so much energy (mainly human labor which needs payment) if they are small and simple. Residential solar inverters are usually micro ones, which can save so much space and human labor when they are transported and installed.
This facilitates customers and creates more opportunities for more customers to use such a system. Besides this, once such a system is installed, the user doesn’t need to pay the bill that is usually paid to the utility grid. This means, more people will be attracted to this method. For a manufacturer, this is more meaningful.
4. Those who produce advanced residential inverters will be more warmly welcomed by the environment.
Our global environment is facing serious pollution. Some of the polluters including fossil fuels are those that pollute the air. When more residents turn to residential PV systems, less fossil fuels will be burned to generate electricity for residences. From this perspective, the fragile environment will get more protection. In addition, as less is released from biofuel burners, the warmed global climate can slow down to become warmer. This will become another excellent quality air contributor. If manufacturers can follow this fashion, they win.
Apart from the four reasons why it is wise for inverter manufacturers to turn to residential solar inverter manufacturing, there are still bunches of other reasons for them. No matter how many reasons it needs to turn to residential PV inverters, it is an excellent choice to do so for manufacturers.