Powercom, which has seen booming orders for photovoltaic (PV) inverters due to global short supply, has hiked its quotes by 15-20% and extended delivery time from one month to two months or more, according to company chairman Simon Chang.
The global shortage has resulted from major international suppliers reducing their PV inverter production capacities in the wake of the global financial storm, but they have not expanded capacities since demand for PV systems began to rebound in 2009, Chang explained.
To meet increasing orders, Powercom has expanded its annual PV inverter production capacity from nearly 50MWp in fourth-quarter 2009 to 200MWp currently, Chang said. But Powercom has not hiked its capacity of crystalline silicon PV modules, with the capacity remaining at 45MWp, Chang noted.
Due to booming sales of PV inverters, Powercom expects its PV business to account for 60% of the company's total revenues in second- quarter 2010, compared to 30% in fourth-quarter 2009, Chang indicated.
The Taiwan-based company makes PV modules and inverters, as well as UPS (uninterruptible power supply) equipment.
