- Schneider Electric will be pulling out of the utility scale PV inverter business.
- Their PV Box solution combining a PV inverter, combiner box, MV/LV-transformer, and switchgear in an integrated containerized solution, could be pulled from the market.
- The company assures that all existing commitments will be “maintained and fulfilled”.
According to a report in the reputable PV Magazine, Schneider Electric will be pulling out of the utility scale PV inverter business. A company spokesperson confirmed that “after a careful analysis of the renewables market, Schneider Electric has updated its strategy.”
Schneider Electric has been active in all market segments in PV. In the utility scale segment, Schneider Electric has two central inverter solutions in its portfolio: the Conext Core XC 1000V and Conext SmartGen 1500V solutions. Additionally, Schneider offers string inverters for its utility-scale business with a 60 kW and a 125-kW rating at a voltage of 1000V and 1500V, respectively.
Schneider, also provides large-scale storage solutions and a range of power electronics such as LV Switchboards and the PV Minera transformer for substations, as well as integrated full substation solutions. Also, the PV Box solution combining a PV inverter, combiner box, MV/LV-transformer, and switchgear in an integrated containerized solution, could be pulled from the market. According to company information the product had initially been designed for commercial and industrial and utility scale plants, with smaller options of 0.5 MW and 0.75 MW available.
The move does not mean a farewell from the PV market more generally. Schneider says that it seeks to position itself in the “renewables space towards the residential and C&I segments, leveraging the full Ecostruxxure portfolio. “
With regards to current projects and associated services, the spokesperson assured that all commitments will be “maintained and fulfilled”.
Author: Bryan Groenendaal
