PV inverter and smart-meter suppliers race to develop and launch digital energy solutions
February 13, 2019
• In recent years, smart meter and photovoltaic (PV) inverter suppliers involved in the new energy transition have been rapidly developing new internet of things (IoT) software platforms to create new revenue sources.
• Within smart metering, a key indicator for IoT adoption is advanced metering infrastructure (AMI) – over 80 percent of the communicating meters forecast to be shipped in 2019 will be enabled with AMI solutions.
• More than 11 million PV inverters will be shipped in 2019 alone, most will be connected to a software platform and controlled by the inverter companies.