Solis Leads Globally In Residential Solar Inverters

Solis (Ginlong Technologies), a global leader in solar inverter technology, has announced that it has received the #1 ranking position in global residential inverter shipments, as reported in the latest Wood Mackenzie inverter market share report for 2023. This represents a significant rise from Solis’ previous standing as the world’s third-largest PV inverter manufacturer across all segments for three consecutive years.

For Solis, the leap to the top of the residential solar inverter market is a validation of its commitment and investments in innovation, quality, and customer satisfaction.

“With partnerships spanning over a decade since our inception in 2005, Solis has earned the trust of customers worldwide,” said Jimmy Wang, President of Solis Inverters. “This customer-centric approach and technological leadership are central to our success. We are deeply grateful for our customers’ continuous support and confidence, which fuels our journey of innovation and excellence.” He added, “The recognition from Wood Mackenzie is a testament to our strategy of combining cutting-edge innovation with unparalleled reliability, creating value throughout the solar supply chain.”

Solis has made no secret of powering its growth and reputation through rigorous quality control and product innovation, tailored to market demands. Solis,  by offering comprehensive services from pre-sales to post-sales support to customers and solar installers has also made it a differrentiator for itself. With a significant increase in R&D investment—exceeding 5% of annual sales in 2023—Solis is well placed to enhance product reliability and advancing innovation beyond customer and market expectations.

In other key rankings in the 2023 report, the top two spots stayed with Chinese majors Huawei and Sungrow.