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Independent Analysis Report Indicates Huawei Smart PV Solution Delivers Optimal LCOE over Central Inverters

2020-08-05 20:00 1173

SANTIAGO, Chile, Aug. 5, 2020 /PRNewswire/ -- As one of the fastest-growing regions, Latin America has enjoyed tremendous growth in the solar energy market in recent years especially in Mexico, Brazil and Chile. Huawei, as the market leader in Smart PV solution, has conducted a thorough independent analysis[1] of its string inverter solution. The report shows that Huawei Smart PV solution provides optimal LCOE (the levelized cost of energy) with a 4.3% reduction compared with central inverter for monofacial configuration and a 4.5% save for bifacial configuration.

The report includes an assessment of Huawei's Smart PV business track-record, product technical evaluation, post-sales service assessment and LCOE analysis between string (Huawei 185KTL-H1) and central inverters based on a 75MW project in the north of Chile, close to Copiapo. For the project analysis, it is important to note that the design was prepared and optimized considering the environmental conditions of the project site, such as irradiance and temperature, taking into consideration the technical characteristic of the main equipment to be installed and also considering similar AC capacities and inverters prices.

Henry Xia, Director of Smart PV Business in Latin America from Huawei said, 'We are delighted to see an independent research firm has substantiated that Huawei string inverters' advantages compared with central inverters. Consistently, we are committed to maintaining our market leader position in inverters market, and provide even more optimized LCOE for projects in Latin America.'

Should you wish to receive the full report, please contact us at, fusionsolar-la@huawei.com.

[1] Independent report by consulting firm Enertis based on concrete results for the chosen location and specific hypothesis. The results can't be extrapolated without a specific assessment.

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About Huawei

Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. With integrated solutions across four key domains - telecom networks, IT, smart devices, and cloud services - we are committed to bringing digital to every person, home and organization for a fully connected, intelligent world.

Huawei's end-to-end portfolio of products, solutions and services are both competitive and secure. Through open collaboration with ecosystem partners, we create lasting value for our customers, working to empower people, enrich home life, and inspire innovation in organizations of all shapes and sizes.

At Huawei, innovation focuses on customer needs. We invest heavily in basic research, concentrating on technological breakthroughs that drive the world forward. We have more than 194,000 employees, and we operate in more than 170 countries and regions. Founded in 1987, Huawei is a private company wholly owned by its employees.

For more information, please visit Huawei online at www.huawei.com.

About Huawei FusionSolar

Huawei offers leading Smart PV solutions which harnessing more than 30 years of expertise in digital information technology. As the largest inverter supplier from 2015 to 2019 globally for 5 consecutive years, Huawei is committed to building efficient, smart O&M, safe, reliable and grid-supporting Smart PV plants, and helping customers maximize the return of investment over the plants' lifetime. In 2020, Huawei will further integrate AI technologies to boost LCOE and accelerate grid parity for all.

For more information, please visit Huawei online at https://solar.huawei.com/ or follow us on social media.

Source: Huawei
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