Multi Award Winner Solis Cements its Position as 3rd Largest Global Inverter Manufacturer

The unbiased business tracker ranks Solis as world quantity 3, by MW shipped, for the second 12 months operating

July sixth, 2023, Ningbo, China: Ginlong(Solis) Applied sciences (the corporate), some of the skilled inverter producers on the earth, has been ranked the third largest inverter producer on the earth for the second consecutive 12 months.

This newest achievement builds on a string of awards and accolades for Solis over the previous 18 months. Final week the corporate was introduced the “high inverter model 2023” seal for Belgium by the revered international market analysis group, EUPD; which lately obtained the identical stamp for the Netherlands and South Africa. This marks the eighth 12 months operating that Solis has been acknowledged by the EUPD, based mostly on 100,000 interviews in additional than 50 international locations.

Reflecting on the corporate’s efficiency in 2022 and past, Sandy Woodward, Solis Common Supervisor Europe and South Africa, mentioned: “I’m delighted that Solis has been ranked so extremely for one more 12 months, and that we’ve maintained our place as third which is the biggest on the earth. I’m particularly pleased with our progress in 2022 within the inverter power storage section, the place Solis achieved year-on-year development of greater than 500 %; accounting for 18 % of our whole working earnings.

“This outstanding growth will be attributed initially to our devoted group of greater than 4500 individuals in all main continents, but additionally to our excessive model recognition, sturdy competitors in channel and deep dedication to R&D.”

In 2022, the corporate’s R&D spending has been considerably elevated by 74 %, reaching a complete funding of $45 million. Solis at present boasts an annual manufacturing capability of 40GW, which is ready to double to 80GW by July 2023.

About Ginlong Solis
Based in 2005, and listed on the Shenzhen Inventory Trade (300763. SZ), Ginlong (Solis) Applied sciences is among the largest and most skilled photo voltaic inverter producers on the earth. The corporate offers cost-effective options for properties, companies and huge energy vegetation; delivering worth at each stage of the photo voltaic provide chain and engaging to house and enterprise homeowners, in addition to energy producers and renewable power buyers around the globe. Combining a world provide chain with world-class R&D and manufacturing capabilities, validated below essentially the most stringent worldwide certification, Ginlong optimizes Solis inverters for every market within the area, serving and supporting its prospects with a group of native specialists. The corporate goals to work with stakeholders to speed up the world’s journey in the direction of a extra sustainable future.
Please go to www.solisinverters.com