Solar Pump Inverter Market Macroeconomic Factors, Background and Evolution-2032
The global solar pump inverter market is expected to reach USD 892.7 million by 2025, according to a new report by Market.us. The market is anticipated to witness significant growth over the forecast period on account of the ongoing efforts by public and private organizations across the globe to reduce their carbon footprint and mitigate the effects of climate change. Inverters are widely used in pumps operating on renewable energy sources such as solar and wind. They help convert direct current (DC) into alternating current (AC), which can be used to run various electrical appliances. Solar pump inverters are used…
- Date: November 7, 2022
- Author: Thomas Bretz
- Category: Taiwan News