10 Best Brands and Models of Solar Panel Inverters in 2024
Different types of inverters and inverter models have their own strengths and weaknesses depending on the size of the solar installation, the specific needs of the user, the
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.
Other enterprises, such as TBEA, Senergy, Deye and Ginlong (Solis), followed closely behind. The capital market also recognised the inverter sector when SOFAR successfully went public in April, despite the cooling new energy IPO market. However, market fluctuations had a significant impact.
SMA Sunny Boy German manufacturer SMA Solar Technologies was widely regarded as the best string inverter manufacturer before the Fronius snap-in series took the top spot in 2016. However, the new Sunny Boy AV series regained some market share after SMA relocated all manufacturing back to Germany in 2019.
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.
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