With continuous cost control optimisation and improvements in technological innovation and production efficiency, the inverter segment is expected to maintain its strong performance, becoming one of the most resilient niches in the photovoltaic industry chain.
Huawei’s inverter segment also delivered an outstanding performance, with the two companies dominating the global market by a wide margin. Other enterprises, such as TBEA, Senergy, Deye and Ginlong (Solis), followed closely behind.
Weak household energy storage demand in Europe has put pressure on some enterprises’ performance, leading to obvious changes in overseas leaders’ rankings. As differences in market layout and technological R&D expand between companies, future performance differentiation will become more pronounced.
However, inverter companies bucked the trend, becoming the industry’s brightest spot. Leading firm Sungrow achieved revenue of 77.86 billion yuan and a net profit of 11.04 billion yuan attributable to the parent company, both of which were record highs, with year-on-year growth of 7.76% and 16.92% respectively.
Our BESS energy storage systems and photovoltaic foldable container solutions are engineered for reliability, safety, and efficient deployment. All systems include comprehensive monitoring and control systems with remote management capabilities.
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