Finance
Sungrow leads 2025 S&P Global PV inverter shipment rankings
By 19Network Editorial Team · Aug 12, 2026 · 2 min read
Sungrow maintains its top position in the S&P Global 2025 PV inverter rankings, driven by utility-scale solar growth.
Sungrow has secured the top position in the 2025 S&P Global photovoltaic (PV) inverter shipment rankings, maintaining its status as the world’s largest provider of solar power conversion technology. The data, released on Sunday, 9 August, confirms the Hefei-based manufacturer’s lead in a competitive global market driven by utility-scale energy transitions. Global Market Dominance The ranking follows a year of expanded production for Sungrow, which supplies both PV inverters and Energy Storage Systems (ESS). S&P Global’s annual report tracks shipment volumes across residential, commercial, and utility sectors, reflecting the scale of infrastructure deployment needed to meet international decarbonization targets. While specific shipment megawatt (MW) totals for the full 2025 cycle were not immediately disclosed in the announcement, Sungrow’s consistent ranking at the top indicates a significant lead over global competitors. Regional Impact and Energy Storage In the UAE and the wider Middle East, Sungrow has become a primary technology partner for several major solar projects. The company’s hardware is central to large-scale plants in the region that require high-capacity inverters to withstand extreme temperatures. The 2025 data release serves as a benchmark for developers and utility providers currently finalizing procurement for 2026 renewable energy tenders. Beyond inverters, the company is increasing its focus on liquid-cooled energy storage systems, which are…