China microinverter market demand is growing steadily


 

The inversion method of micro-inverters is that each micro-inverter generally only corresponds to a single or several photovoltaic modules. Each photovoltaic module can be tracked at its individual maximum power point, and then integrated into the AC grid after inversion. The single capacity of micro-inverter is generally less than 5kW. The microinverter can independently track and control the maximum power of each photovoltaic module, thereby achieving fine adjustment and monitoring of the output power of each photovoltaic module.

Industry Policy:

On March 15, 2023, the General Office of the National Energy Administration issued the "Guidelines for the Project Initiation of Energy Industry Standards in 2023." The document emphasizes the public welfare nature of energy industry standards and proposes energy industry standard plans for areas requiring unified standards within the energy industry but lacking national standards. Competitive and general technical requirements are generally not included in the energy industry standard plan. In terms of key directions for project initiation, large-scale wind and solar bases, distributed photovoltaics, offshore photovoltaics, household photovoltaics, upgrades and renovations of old wind and solar power plants, component retirement and reuse, and solar thermal energy are included. On March 22, the National Energy Administration issued the "Notice on Accelerating the Integration of Oil and Gas Exploration and Development with the Development of New Energy (2023-2025)," focusing on promoting the concentrated development of wind power and photovoltaics in oil fields such as Daqing, Changqing, Shengli, Tarim, Xinjiang, and North China. In oil and gas mining areas and surrounding areas, active promotion of distributed development of wind power and photovoltaics in oil areas, construction of demonstration projects for the simultaneous development and utilization of oil, gas, and solar energy in resource-rich regions such as Xinjiang, Qinghai, and Gansu, and fully utilizing solar energy concentration, collection, and storage technology to achieve clean heating in the oil and gas production process, promoting low-carbon oil and gas development.

Market Size:

Microinverters are electronic devices that convert direct current (DC) into alternating current (AC) and are used in solar energy systems, wind turbines, electric vehicle charging, and other fields. According to data from the Beijing Yanjing Bijie team's survey report, the market size of microinverters in China was approximately 18 billion yuan in 2021, and it is expected to reach 32 billion yuan in 2023.

Market Demand:

The Chinese microinverter market is developing rapidly, with market demand increasing year by year. In recent years, national policies supporting the rapid development of the solar photovoltaic industry have also promoted the growth of the microinverter market. The demand for microinverters in China was about 3.3 million units in 2021, and it is expected to reach 6 million units in 2023.

Regional Distribution:

The Chinese microinverter market is mainly distributed in the southeast coastal areas and the central and western regions. The southeast coastal areas are gathering places for the solar photovoltaic industry, with large market demand; the central and western regions are bases for the new energy industry, with market demand also growing year by year.

Application Fields:

The main application fields of the Chinese microinverter market include distributed photovoltaic power generation, charging of new energy vehicles, and household electricity use. Among them, distribut.

 

%{tishi_zhanwei}%