Inverter manufacturers rate approaching zero profit

Along with the increase of the inverter manufacturers, the supply increases, the intensity of competition, PV inverter prices have fallen dramatically. From the domestic bidding situation, in 2011 the same specifications of 500KW inverter price 0.95 yuan / W or so, in 2012 the tender has been 0.6 yuan / W or less, prices fell by 30% over the same period. 2013 the price has reached 0.45 yuan / W or so, and then reduced by 25%.

Zheng Gui standard that advances in technology and the rise although the scale reduce costs, but the price is far more than the rate of decline in the cost of improving the rate of decline. wind turbine inverter rapid price decline, coupled with operating costs especially labor costs rise, so that the inverter manufacturers have profit margins approaching zero.

In addition, investors in the 25 years of plant operation long-term investment protection for critical devices have become increasingly demanding, even more than 20 years of operational security requirements. The short-term competitive pressures on the service needs of the future profits from investment lost, can not be virtuous circle. The resulting lack of support capabilities so that investors lose confidence, further affecting the decline in sales, the enterprise into an infinite loop.

Zheng Gui marked further pointed out that enterprises also contributed to poor liquidity of enterprises to survive the important reasons. Since the current status of the photovoltaic off grid inverter industry, bank credit crunch. Investors are expected to follow the downward adjustment policies in advance to grab equipment, but the delay in release of bank loans. Including some large state-owned power company installed last year has yet to put in place some station loans, this installation boot time delay. Some companies install power plants for sale, but due to the benefit of stability has been questioned, the buyer is not positive. Liquidity blocked downstream serious arrears. Into the photovoltaic industry has generally "bad money" embarrassment.