Omron to Double Production Capacity for PV Inverters

2014/05/28 16:52
Kenji Kaneko, Nikkei BP CleanTech Institute
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Omron Corp announced May 26, 2014, that it will double the production capacity for its "KP Series" of PV inverters in June 2014 in response to the growing demand for solar systems.

Since the implementation of the feed-in tariff (FIT) scheme in July 2012, the solar power generation market has been rapidly growing in Japan.

"Even in this fiscal year, the third year since the implementation, the market is steadily growing," Omron said. "Especially, the use of small-scale solar power generation systems that have an output capacity less than 50kW and are eligible for low-voltage grid connection and residential solar power generation systems will continue to spread."

In April 2014, IHS, a US-based research firm, announced the rankings of manufacturers in the global market for PV inverters for solar power generation in 2013. SMA Solar Technology (Germany) topped the list, followed by ABB (Switzerland), Omron and Toshiba Mitsubishi-Electric Industrial Systems Corp (TMEIC) in this order.

Omron has a large share of the market for residential PV inverters and PV inverters for systems whose output capacity is less than 50kW (eligible for low-voltage grid connection).