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Daily News Wrap-Up: Top Solar Inverter Suppliers in 1H 2023

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November 16, 2023

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Sungrow Power Supply, Sineng Electric, Growatt New Energy, Ginlong (Solis) Technologies, and GoodWe emerged as the leading solar inverter suppliers in India in the first half (1H) of 2023, according to Mercom’s recently released India Solar Market Leaderboard 1H 2023. Sungrow was the top solar inverter supplier, accounting for 35% of the market share. It was followed by Sineng Electric and Growatt New Energy with 22% and 7%, respectively. Ginlog (Solis) Technologies and GoodWe rounded off the top five with 5% each. The top two inverter suppliers remain unchanged from 2022 to 2023 as the demand for their inverters in the Indian solar market continues to be strong.

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