Top Solar Inverter Shippers Revealed

For the tenth consecutive year, two manufacturers ranked first and second in Wood Mackenzie’s global inverter shipment rankings — with the pair accounting for 55% of the global inverter market in 2024.

While Europe and the United States both saw a decline in inverter shipments in 2024, growth in the Asia Pacific (APAC) region and the Middle East more than made up for it. 589 gigawatts capacity (AC) was shipped in 2024 according to the report — up 10%. And it was the Asia Pacific, led by China, accounting for nearly all the growth.

2024 Solar Inverter Shipments Leaderboard

Here’s how the top 5 manufacturers stacked up according to the firm.

1. Huawei

Top of the rankings, China’s Huawei delivered 176 GWac of inverters during 2024.

While solar inverters aren’t available in Australia under the Huawei brand, Huawei manufactures iStore inverters for the Australian market where they are sold and supported by one of the country’s longest-established national solar retailers. iStore inverter reviews from Australian customers here on SolarQuotes have been generally positive, with the company averaging a rating of 4.9 stars.

2. Sungrow

Another Chinese firm, Sungrow delivered 148 GWac capacity last year. The company ranked behind Huawei in China and Europe, but led in the US, India and the Middle East.

Sungrow has been a popular budget inverter brand choice in Australia, where the firm has had a presence for around 13 years. In our Sungrow inverter reviews, the average rating over that entire time is 4.7 stars, and 4.8 stars in the last two years — which is a bit longer than iStore inverters have been available here.

3. Ginlong Solis

Solis to its friends and another Chinese manufacturer, the company ranked third again. Wood Mackenzie didn’t provide 2024 shipments for Solis in its release¹. But as some indication how far behind other companies are beyond the top two, Solis celebrated 100GW+ of shipments in September last year *since it was founded* in 2005. That’s far less than what Sungrow and Huawei individually shipped last year.

Solis is another budget brand that has been well-supported in Australia and another that has been here for a long time — since around 2011. In terms of Solis inverter reviews here on SolarQuotes, the company has averaged 4.5 stars overall, and 4.4 stars over the past 2 years.

4. Growatt

You get one guess as to Growatt’s home country. Yep, China again — in fact nine of the top ten firms are Chinese. Growatt rose to fourth in the global rankings for 2024, reclaiming its position from 2022. Again, shipments weren’t noted in WM’s release. But given the firm states no vendor beyond the top two achieved more than 5% market share, that would work out to 30 GW of shipments maximum in 2024.

Growatt’s another well-established player in the inverter manufacturing space, established in 2011 and entering the Australian market around the same time. Our Growatt inverter reviews page indicates a 4.4 star rating overall from Australian customers, and 4.7 stars over the last two years.

5. Sineng

Growatt’s rise meant Sineng’s descent from no.4 in 2023 — rounding out the list at number five. If you haven’t heard of this brand, it’s probably because there are no Sineng inverters approved for rebates and grid connection in Australia by the Clean Energy Council, and there never have been so far as I can tell.

Sineng was established in 2012, and has manufacturing facilities in China and India. As well as solar inverters for residential use and as with the other firms above, Sineng also manufactures devices for commercial and large- scale applications.

Quantity Vs. Quality

So, those are the rankings, but quantity doesn’t always equal quality in the eyes of Australian installers who have to install and support this equipment for years to come.

You can check out how the companies above were ranked (or not) by more than 160 local installers in the SolarQuotes Installers Choice Awards for the best solar inverters in 2025, and also see which inverter brands are recommended currently by SolarQuotes.