The second quarter of this year saw worldwide shipments of solar photovoltaic (PV) inverters decline by 5 percent year-on-year, according to new analysis from IHS Research.

“The pace of contraction for inverter shipments in critical European countries such as Germany and Italy has been faster than expected, with some of these markets seeing their demand decline by more than 70 percent this year.” -- Cormac Gilligan, senior PV market analyst, IHS