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“ Huawei and Sungrow ranked first and second in the rankings for the 10th consecutive year, combining for 55% of the global inverter market.” Total global inverter shipments reached 589 GW (AC) in 2024, up 10% from 2023.
Nine of the top 10 PV inverter suppliers are based in China. Huawei and Sungrow retained the top two positions for the 10th consecutive year, together accounting for 55% of the global market. Both companies achieved their highest ever market shares in 2024, said Joseph Shangraw, research associate at Wood Mackenzie.
Global PV inverter shipments grew by 10% to 589 gigawatts alternating current (GWac) in 2024, according to Wood Mackenzie's Global Solar Inverter Market Share Report 2025. The research placed Huawei and Sungrow in the first and second positions in the rankings for the 10th consecutive year, together accounting for 55% of the global inverter market.
In 2024, China's solar inverter industry remains a global powerhouse, with manufacturers setting new standards in innovation, efficiency, and cost-effectiveness. The top 10 inverter manufacturers in China, including leaders like Sungrow and Huawei in grid-tied sectors, showcase advanced technology and diverse products.
Data centers adopted many things from telecoms, most notably the ubiquitous 19-inch rack, which was standardized by AT&T way back in 1922. Now, those racks hold electronic systems whose guts - the chips inside the servers – fundamentally all run on DC power. But data centers distribute power by AC.
Data centers adopted many things from telecoms, including the ubiquitous 19-inch rack. But even though electronics run on DC, data centers distribute power by AC “We actually still see 48V negative return DC style equipment inside Equinix legacy sites and facilities,” says Truong.
One of the things holding back DC racks is lack of knowledge, says Vito Savino of OmniOn Power: “One of the barriers to entry for DC in data centers is that most operators are not aware of the fact that all of the IT loads that they currently buy that are AC-fed are also available as a DC-fed option.
DC distribution system. Practical techniques are available for mitigating most of these limitations. For example, data centers can protect loads using arc fault detection and new fault-limiting PDUs. Specialized training and personal protective equipment (PPE) can be provided to personnel that maintain and install DC equipment.
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