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Solar Inverter Suppliers Optimistic About Chip Availability Amid Global Shortage

 Inverter costs in Q1 increased 11.5% QoQ as manufacturers struggled to meet the supply demands

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Solar inverter prices have been on the rise, with crucial components such as semiconductor chips in short supply globally, and compounding this challenge is the acute shortage in the supply chain of Insulated Gate Bipolar Transistors (IGBTs), another essential inverter component.

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