Growatt maintains position as world’s largest residential inverter supplier

By Growatt

Growatt has announced that it has retained its No. 1 ranking for global residential inverter shipments in 2022 in S&P Global’s latest release of its PV Inverter Market Tracker. The company also ranks among the world’s top 4 inverter suppliers and increased its global market share to 4.7% during the year.

“Our residential inverters combine reliability, intelligence and high efficiency, and their compact and lightweight characteristics facilitate seamless procedures for installers,” commented Marketing VP, Lisa Zhang.

Growatt also continues to make significant strides in the C&I and large-scale PV plant sectors, its MAX inverter series, one of the company’s standout portfolios, delivering high yields and stable returns to investors, while reducing O&M costs through powerful and intelligent functions.

With products installed in over 180 countries and a local support network in 42 locations around the world, the company prides itself on providing efficient and timely support to its customers.

“We aim to enable everyone to benefit from sustainable energy and, by providing reliable products and services, we enhance collaboration with like-minded partners worldwide to accelerate the energy transition,” Zhang added.

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