How many GW of inverters will Huawei supply in 2021?

The 5GW of inverters the deal will see supplied over 2020 and 2021 add to the 1.6GWac of inverters wholesaler Wattkraft is said to have distributed last year. Ulf Hermenau, Huawei's DACH Channel Sales director, said the firm is looking forward to “further strengthening its partnerships” in the residential and C&I segments.

Who owns the global PV inverter market?

The top 10 PV inverter vendors, led by Chinese giants Huawei and Sungrow, controlled 81% of the global market. Huawei and Sungrow alone captured over 50% of the global share, thanks largely to their popular utility-scale inverters, reports the market analyst.

Which inverter companies dominate the global market?

Companies like Huawei, Sungrow, and Ginlong Solis dominate the top ranks, securing more than 50% of the global market share. China’s manufacturing capabilities are backed by massive national investments and cutting-edge technologies, making Chinese inverters highly competitive in terms of performance, reliability, and price.

Which inverter manufacturers dominate the global utility-scale inverters market?

Huawei and Sungrow alone captured over 50% of the global share, thanks largely to their popular utility-scale inverters, reports the market analyst. The rest of the market saw a diversification with 11 other manufacturers exceeding 10 GWac in shipments.

Which continent has the greatest business opportunity for inverter substitution?

The prospect of increased inverter inflows into Europe emerges as new data suggests the continent will hold the greatest business opportunity for inverter substitution.