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PV inverter market to reach US$8.5 billion in 2014, says IMS Research

Press release, January 25; Willie Teng, DIGITIMES Asia 0

The global photovoltaic (PV) inverter market is forecast to reach US$8.5 billion by 2014, growing at a CAGR of nearly 25% according to IMS Research. More than seven million inverters will be sold in 2014, up from less than one million in 2009.

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