Shipments

Total shipments of solar inverters

In 2024, global solar PV inverter shipments reached 589 gigawatts alternating current. Asia Pacific, led by China, accounted for nearly all global growth, while the US and Europe. . Chinese companies made up nine of the 10 largest global inverter suppliers in 2024, with total inverter shipments reaching 589 GW (AC), according to Wood Mackenzie. [PDF Version]