Sunyue

SUNYUE solar inverter shipments

The global solar PV inverter shipments in the year 2023 increased strongly by 56% Year-over-Year (YoY) to 536 GW AC, with China accounting for 50% of the volume, according to a new report of US-based market intelligence firm Wood Mackenzie. Huawei, Sungrow Power Supply, and Ginlong Solis are some of the largest inverter manufacturers worldwide. Get notified via email. . The rapidly expanding solar sector has a key role to play in meeting ambitious decarbonisation goals across the globe Photo: Adobe Stock/Saravut The global energy landscape saw a significant shift in 2023, marked by a 56% increase in solar photovoltaic (PV) inverter shipments, to reach 536 GWac. 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. . HEFEI, China, July 11, 2024 /PRNewswire/ -- Sungrow, the global leading PV inverter and energy storage system provider, secured the top spot in the 2023 global PV inverter shipment rankings according to S&P Global Commodity Insights, reaffirming its position with exceptional capabilities.

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