BOSTON, Aug. 2, 2012 (GLOBE NEWSWIRE) -- The highly competitive global PV monitoring market, which includes inverter suppliers, independent monitoring vendors, and project developers that integrate hardware and software to manage a PV system's operations data, client interface and standards compliance amongst many other functions, is forecasted to be a 23-gigawatt global market in 2012, according to GTM Research's latest Global PV Monitoring 2012 report. While European independent monitoring vendors currently lead the market, the forecasted expansion of monitored PV capacity to nearly 50 gigawatts by 2016 foretells robust opportunity for existing and new suppliers.
Though monitoring technology is a critical aspect of a solar PV plant's successful operation (one single system outage can impact the overall plant production by 1 percent per year, and potentially more if it occurs in summertime), the market has received limited attention due to its relatively low impact on the up-front cost of a PV system. The lack of comprehensive, global and independent market research has lead to a situation where many vendors call themselves market leaders without the ability to confirm such claims with confidence – until now.
FIGURE Global PV Monitoring Market Share by Company, 2011: http://www.greentechmedia.com/content/images/reports/pv-monitoring1.png
GTM Research and SoliChamba Consulting have partnered to release Global PV Monitoring: Technologies, Markets and Leading Players, 2012-2016. This 123-page report includes global and regional market shares by company and market share by segment, as well as demand projections to 2016 by market segment and region. The report also includes over 20 company profiles for:
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- ABB - AE Solar Energy - Also Energy - Common-Link - DECK Monitoring - Draker - Enphase - ESA Renewables - Fronius - GE Energy - GreenPowerMonitor |
- InAccess Networks - juwi solar inc. - Meteocontrol - Power-One - Siemens - skytron energy - SMA - Solar-Log - SunEdison - SunPower - SunRun |
To learn more about this comprehensive solar report, visit www.greentechmedia.com/research/report/global-pv-monitoring-2012.
ABOUT GTM RESEARCH
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ABOUT SOLICHAMBA CONSULTING & CEDRIC BREHAUT
Cedric Brehaut is an expert in PV systems monitoring with years of experience in the solar industry and over fifteen years in the software business. After ten years developing, managing and marketing security software products in Silicon Valley, Cedric joined the solar industry in 2007 as a Director of Product Management for SunEdison and was a key contributor to the development and growth of the company's services business unit. During Cedric's tenure, SunEdison created and launched a new suite of turnkey services for PV plants, including managed monitoring, operations & maintenance, billing, and asset reporting services. Cedric also acted as the Business Development leader for these products. In 2011, he established SoliChamba Consulting and began offering expert consulting services to various firms in the solar industry.