Energy storage inverter shipment

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.

Why are hybrid inverters so popular?

The increased popularity of hybrid inverters is due to many homeowners opting for flexibility; with many initially installing a hybrid inverter without a battery energy storage system and having the option to add a battery later when battery prices are lower or the need for a battery arises.

What percentage of PCs shipments are to front-of-the-Meter (FTM) energy storage?

PCS shipments to front-of-the-meter (FTM) energy storage siting accounted for over 50% of total global shipments over the forecast period (2023–30), with the United States and China mainland accounting for the majority of these shipments.

Are hybrid inverters a good choice for roof-top solar installations?

One of the significant trends over the last few years has been the rapid growth in sales of hybrid inverters which are targeted at roof-top solar installations and in particular at residential installations.