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Which PV inverter vendors shipped the most in 2022?

Wood Mackenzie said that the top five vendors shipped more than 200 GW (AC) and accounted for 71% of total global PV inverter shipments in 2022, up 8% from 2021. The report notes that fir the top vendor of 2022, Huawei, shipments increased by 83%. Ginlong Solis posted growth of 86%.

How did the PV inverter market perform in 2022?

Overall, global PV inverter shipments saw 48% growth year-over-year in 2022, with an additional 100 GW shipped from 2021. In 2022, the PV inverter industry saw a renewed increase in shipments as the pandemic-related semiconductor chip shortage improved. Huawei and Sungrow covered 52% of the market cumulatively - an increase from 44% in 2021.

Who is the best solar inverter supplier in China?

For top value from an agile Chinese producer, TOSUNlux is a leader. As a major solar inverter suppliers from China, Sungrow offers industry-leading central and string PV inverters tailored for large and small-scale solar installations. Their extensive R&D and vertical integration enable optimization of cost, efficiency, and reliability.

Where did PV inverter shipments grow in 2022?

Strong growth in the PV markets in Europe, Asia Pacific and the United States drove the 333 gigawatts alternating current (GWac) of inverter shipments in 2022. Government support has increased across these regions in a bid to meet clean energy goals. Europe held 28% of the global market for PV inverter shipments in 2022.

Why are global PV inverter shipments rising?

This is mainly driven by strong growth in markets in Europe, India, and Latin America where government support increased to meet decarbonisation goals. Wood Mackenzie research analyst Annie Rabi Bernard said: “Despite soaring raw material prices, supply chain challenges and delayed constructions, global PV inverter shipments continue to rise.

Who is Sungrow solar inverter partner?

With strong customer support and bankable 25-year warranties, Sungrow is a dependable global inverter partner. Already a global ICT solutions giant , Huawei entered the PV sector by leveraging its power electronics and control system expertise to quickly release a competitive line of string and central solar inverters.