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According to the latest trade data, in the first half of 2019 (H1), China's top five solar inverter manufacturers accounted for 36.
44%
of global inverter exports.
Huawei, Sungrow, Jinlang Technology, Goodway and Goodwar became China's top five inverter companies
in the first half of 2019.
In the first half of 2019, China's PV inverter exports increased
for the third consecutive year.
According to import and export customs data, China's inverter exports are worth $1.
3 billion, and the top 20 PV inverter companies account for nearly 50%
of exports.
"Despite the turmoil in the solar inverter market since 2018, Jinlang can continue to increase the sales, market share and export volume of the tandem inverter portfolio," Jinlang Technology said, "We will support our inverter export expansion
through strategic offices in the United States, Europe, Australia, India and Mexico.
" ”
According to Mercom's India Solar Market Ranking 2019, Jinlang is also one of
the major series inverter suppliers in India.
Other Chinese suppliers, such as Huawei and Sunshine Energy, are also India's leading inverter suppliers
.
Half of China's inverters are exported to these five countries, which are the Netherlands (16%), the United States (15%), Vietnam (10%), India (6%) and Germany (5%)
.
Currently, the US market has changed, but the Netherlands, Germany and South Korean markets remain unchanged
.
On the other hand, the Vietnamese market declined
.
International PV inverter giants such as Siemens and Schneider and ABB Group have slowly exited the inverter business, leaving a void
as Chinese companies continue to expand and consolidate their activities globally.
Mercom reported that in 2018, ABB had a 24% market share in India's inverter market, followed by Sunshine Energy with 16% and Huawei with 12%.
According to the latest trade data, in the first half of 2019 (H1), China's top five solar inverter manufacturers accounted for 36.
44%
of global inverter exports.
Huawei, Sungrow, Jinlang Technology, Goodway and Goodwar became China's top five inverter companies
in the first half of 2019.
In the first half of 2019, China's PV inverter exports increased
for the third consecutive year.
According to import and export customs data, China's inverter exports are worth $1.
3 billion, and the top 20 PV inverter companies account for nearly 50%
of exports.
"Despite the turmoil in the solar inverter market since 2018, Jinlang can continue to increase the sales, market share and export volume of the tandem inverter portfolio," Jinlang Technology said, "We will support our inverter export expansion
through strategic offices in the United States, Europe, Australia, India and Mexico.
" ”
According to Mercom's India Solar Market Ranking 2019, Jinlang is also one of
the major series inverter suppliers in India.
Other Chinese suppliers, such as Huawei and Sunshine Energy, are also India's leading inverter suppliers
.
Half of China's inverters are exported to these five countries, which are the Netherlands (16%), the United States (15%), Vietnam (10%), India (6%) and Germany (5%)
.
Currently, the US market has changed, but the Netherlands, Germany and South Korean markets remain unchanged
.
On the other hand, the Vietnamese market declined
.
International PV inverter giants such as Siemens and Schneider and ABB Group have slowly exited the inverter business, leaving a void
as Chinese companies continue to expand and consolidate their activities globally.
Mercom reported that in 2018, ABB had a 24% market share in India's inverter market, followed by Sunshine Energy with 16% and Huawei with 12%.
