Inverter

Huawei Dominates Global Inverter Market in 2024 – Chinese Firms Control 90% of Top Suppliers

The solar inverter industry saw massive growth in 2024, with global shipments hitting 589 GW (AC)—a 10% increase from 2023. But one trend stood out: Chinese companies now dominate the market, taking nine of the top 10 spots in global inverter supply.