Growatt Leads Global Inverter Shipments for Residential Applications

Survey, referring to the year 2022, was carried out by S&P Global Commodity Insights
14-07-23-canal-solar-Growatt leads global shipments of inverters for residential applications
Growatt increased global market share to 4,7% in 2022. Photo: Reproduction

According to PV Inverter Market Tracker from S&P Global Commodity Insights, Growatt led the global inverter shipments for residential applications in 2022.

Furthermore, they reported that they are classified among the four major global inverter suppliers, indicating a strong presence in the C&I segment (commercial and industrial).

“Our residential inverters combine reliability, intelligence and high efficiency, and their compact and lightweight features facilitate seamless installation for installers,” highlighted Lisa Zhang, vice president of marketing at Growatt.

Growatt is the inverter brand most ed by integrators, points out Greener

Another point emphasized by the company is that it continues to make significant advances in C&I and large-scale plants. The MAX inverter series, one of the company's outstanding portfolios, offers high yields and stable returns to investors while reducing operation and maintenance costs through its intelligent functions.

According to S&P Global Commodity Insights, Growatt increased its global market share to 4,7% in 2022. With products installed in more than 180 countries, the manufacturer has established a local network of 42 representative bases to provide efficient and provide the best experience for customers.

“Our goal is to enable everyone to benefit from sustainable energy. By providing reliable products and services, we build enhanced collaboration with like-minded partners around the world to accelerate the energy transition,” concluded Zhang.

Photo by Mateus Badra
Mateus Badra
Journalist graduated from PUC-Campinas. He worked as a producer, reporter and presenter on TV Bandeirantes and Metro Jornal. He has been following the Brazilian electricity sector since 2020.

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