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Daily News Wrap-Up: Top Solar Inverter Suppliers in 2022

FDI in India’s renewables sector grows 56% YoY in FY 2023

June 1, 2023

/ Daily Wrap-up,

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Sungrow, Sineng Electric, FIMER India (ABB), Ginlong (Solis) Technologies, and SOFAR emerged as the leading solar inverter suppliers in India in the calendar year (CY) 2022, according to Mercom’s recently released India Solar Market Leaderboard 2023. The report captured notable shifts in market share rankings, with three new players making it to the top ten list. SOFAR, NingBo Deye Inverter Technology, and Fox ESS were the new entrants in the top ten list.

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