China PV inverter makers to hike costs
Nuying Huang, Taipei; Adam Hwang, DIGITIMES
China-based PV inverter makers will hike quotes by 10-15% in mid-April to replicate will increase in materials value, in keeping with trade sources.
In addition to rising prices for IGBT and different ICs utilized in PV inverters, costs for copper and aluminum have additionally risen, the sources mentioned.
Intense competitors in China’s PV inverter market has saved inverter costs within the nation at ranges decrease than exterior ones, offering a lot room for elevating costs, the sources famous.
In response to the anticipated worth hikes, some undertakers of PV energy era initiatives in Taiwan have elevated stock ranges, the sources mentioned.