Why Power Inverters Are the Key to the Solar Industry
Solar energy is taking the world by storm, and that's created an opportunity that could be worth trillions of dollars to investors. But with panel prices plunging and fierce competition among installers, there hasn't been a lot of value generated by the companies who you would think are at the forefront of the industry.
One area that has generated value comprises inverters, the device that turns direct current (DC) electricity from a solar panel into the alternating (AC) current the grid uses today. Here's a look at why these devices are so powerful in the industry and who to watch in the future.
Image source: SunPower.
Source: Fool.com
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