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Huawei solar inverter sales

In 2022, Huawei had the largest PV inverter market shipments worldwide, accounting for some 29 percent of the market. Huawei was followed by Sungrow Power Supply and Ginlong Solis in the second and third position respectively, based on shipments.
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About Huawei solar inverter sales

About Huawei solar inverter sales

In 2022, Huawei had the largest PV inverter market shipments worldwide, accounting for some 29 percent of the market. Huawei was followed by Sungrow Power Supply and Ginlong Solis in the second and third position respectively, based on shipments.

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About Huawei solar inverter sales video introduction

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6 FAQs about [Huawei solar inverter sales]

What are the top solar inverter vendors in 2022?

Global inverter shipments increased to 330 GWac with Huawei, Sungrow, Ginlong, Solis, Growatt and GoodWe named as the top vendors. The top 10 global solar inverter vendors accounted for 86% of market share in 2022, increasing by 4% year-over-year since 2021, according to a recent study by Wood Mackenzie.

How many solar inverters were shipped in 2022?

As a result, the total global shipments of PV inverters reached 333 GWac in 2022. Among the top five vendors, Huawei, Sungrow, Ginlong Solis, Growatt, and GoodWe, more than 200 GWac was shipped, accounting for 71% of the total global PV inverter shipments in 2022. This represents an 8% increase compared to the previous year.

Who has the largest PV inverter market shipments in 2022?

In 2022, Huawei had the largest PV inverter market shipments worldwide, accounting for some 29 percent of the market. Huawei was followed by Sungrow Power Supply and Ginlong Solis in the second and third position respectively, based on shipments. Get notified via email when this statistic is updated. Access limited to Free Statistics.

How did global PV inverter shipments grow in 2021?

Global PV inverter shipments reachers 225,3 GWac in 2021, up 22% growth from 2021. “Huawei’s market share stayed at a stable 23% in 2021 while Sungrow ranked a close second at about 21% growing from approximately 19% in 2020,” the analysts said.

How big is the solar-plus-storage hybrid inverter market?

While the U.S. market is beginning a strong growth trajectory, it accounted for only 13% of the global market with 42 GWac shipped to the country. Solar-plus-storage hybrid inverters made up 10% of the regional shipments as the curtailment of net metering in some markets are leading to a strong energy storage market.

Who is the world's largest inverter supplier in 2021?

Huawei was the world's largest inverter supplier in terms of shipments in 2021, followed by Sungrow, according to a new report by Wood Mackenzie. The two companies have held the same positions since 2016, with Huawei securing the top spot for the seventh year in a row.

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