Major listed companies in the industry: TBEA (600089); GoodWe (688390); Sungrow (300274), etc.;

Global leading companies in the field of photovoltaic inverters and product layout

The global PV inverter industry is highly competitive, and the market is highly concentrated. Huawei, Sungrow, and SMA are the major leaders in the industry, with significant market shares in China and globally, respectively. With its strong technology R&D and intelligent solutions, Huawei occupies a leading position in the global market, especially in large-scale power stations and energy storage systems. Sungrow provides high-efficiency grid-connected and energy storage inverters around the world, accumulating a large number of installations and market share. In addition, SMA

European companies such as Solar and Fronius also occupy an important position, focusing on inverter products for residential and commercial photovoltaic systems, and have won a large number of markets with their efficient and stable products.

Industry competition

At present, China's photovoltaic inverter industry is highly competitive and the market is highly concentrated. Huawei and Sungrow are the leaders in the photovoltaic inverter industry, accounting for more than half of the market share, while Growatt, Jinlang Technology, GoodWe and others are the second echelon, focusing on energy storage and multi-scenario applications.

Summary of PV inverter industry policies at the national level

China's photovoltaic inverter adjusts the voltage waveform through power electronic switches, which can be used in the grid or for load, and can also directly affect the power generation efficiency of solar photovoltaic systems, while the industrial policy of photovoltaic inverters involves photovoltaic and energy storage.

A series of encouragement and support policies on photovoltaic power generation issued by the national policy have promoted the development and growth of photovoltaic enterprises, including issuers. In the early stage of the development of photovoltaic power generation, due to the high cost, the state still needs higher financial subsidies to achieve grid parity, with the photovoltaic industry chain enterprises in the grid parity mechanism, the cost of photovoltaic power generation is declining year by year, and the dependence on national subsidy policies is gradually reduced.

At the second session of the 14th National People's Congress, Premier Li Qiang of the State Council put forward 17 key points of energy work in the government work report, including strengthening the construction of large-scale wind power photovoltaic bases and transmission channels, promoting the development and utilization of distributed energy, developing new energy storage, promoting the use of green electricity and international mutual recognition, giving full play to the role of coal and coal-fired power to ensure the energy demand of economic and social development.

For more research and analysis of this industry, please refer to the "Market Prospect and Investment Strategic Planning Analysis Report of China's Photovoltaic Inverter Industry" by Qianzhan Industry Research Institute.

At the same time, the Prospective Industry Research Institute also provides solutions such as industrial new track research, investment feasibility study, industrial planning, park planning, industrial investment, industrial map, industrial big data, smart investment promotion system, industry status certificate, IPO consulting/fundraising feasibility study, specialized and special new small giant declaration, and the 15th Five-Year Plan. If you want to reprint and quote the content of this article, please indicate the source (Qianzhan Industry Research Institute).