Siemens is set to substantially extend its share in the PV (photovoltaics) inverter market. A current IMS Research study has shown that the PV plant market is expected to grow by at least 30 per cent annually until 2013, with the expectation that the growth rate will be disproportionately high in the commercial and power plant segment. “To address this growth market we are extending our product portfolio to include the new powerful Sinvert PVM PV inverter range for medium-sized commercial plants”, Karlheinz Kaul, CEO of Siemens Systems Engineering Business Unit, stated at a Siemens trade press conference held on the occasion of the EU PVSEC fair in Hamburg. The new Siemens offering is aimed at both PV plant engineers and PV end users operating in the commercial segment. This user group typically requires inverters for rooftop systems installed on barns, schools or industrial buildings or simply on open spaces.