Global solar micro inverters market is anticipated to grow at a CAGR of over 12% until 2024, owing to the persistent advances in R&D of solar micro inverters and substantial reduction in costs of micro inverters. A solar micro-inverter, or simply microinverter, is a plug-and-play device used in photovoltaics, that converts direct current (DC) generated by a single solar module to alternating current (AC).
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