Global market revenue for solar photovoltaic inverters will drop by 9 percent in 2013, due to rapid price declines for commercial and utility-scale inverters and intense cost pressure in mature markets such as Germany and Italy, according to the latest data from IHS Inc.. Although worldwide solar inverter unit shipments will rise by 7 percent in 2013, projections now show that market revenue this year will fall. Revenue is set to decline to $6.4 billion, down from $7.1 billion in 2012. ...

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