Tongfeng Electronics Photovoltaic Inverter

Who is Anhui Tongfeng electronics?

Anhui Tongfeng Electronics Co., Ltd., a national key high-tech enterprise, was listed on the main board of the Shanghai Stock Exchange in June 2000 (stock code: 600237).

What is the global photovoltaic inverter shipment volume market ranking in 2022?

Recently, the globally authoritative research institution S&P Global released the shipment volume market ranking for global photovoltaic inverters in 2022. Chinese companies continue to dominate this ranking, with Sungrow maintaining its position at the top, followed by Huawei and Ginlong Technologies in the second and third places.

Which companies are the best inverters in the world?

Chinese companies continue to dominate this ranking, with Sungrow maintaining its position at the top, followed by Huawei and Ginlong Technologies in the second and third places. S&P Global is a leading global information provider and annually publishes rankings for the shipment volume of photovoltaic inverters.

Is Sungrow a 'triopoly' in the global inverter market?

It was only in 2011 that Sungrow first entered the top 10 shipment volume ranking, marking the beginning of a new era in the global inverter market. Since 2015, Sungrow and Huawei have consistently held the top two positions on the list, with SMA in third place, forming a “triopoly” in the market.

Why are global PV inverter shipments rising?

This is mainly driven by strong growth in markets in Europe, India, and Latin America where government support increased to meet decarbonisation goals. Wood Mackenzie research analyst Annie Rabi Bernard said: “Despite soaring raw material prices, supply chain challenges and delayed constructions, global PV inverter shipments continue to rise.

Which PV inverter vendors shipments grew the most in 2022?

The top five vendors – Huawei, Sungrow, Ginlong Solis, Growatt, and GoodWe – shipped more than 200 GWac and accounted for 71% of total global PV inverter shipments in 2022, growing 8% from 2021. Huawei’s shipments saw a significant increase of 83% in 2022 compared to 2021, while Sungrow’s shipments expanded 56% in the same period.