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Chint Power has been ranked No.1 in the Korean inverter market for three consecutive years
4 Months ago
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China Energy Storage Network News: Recently, the world's authoritative research organization IHS Markit (now affiliated with S&P Global) announced the 2023 global photovoltaic inverter company shipment rankings. Chint Power's shipments accounted for 29.5% of the Korean inverter market, once again occupying the top 1 in the Korean inverter market.

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 S&P Global is the world's leading information provider, providing professional information consulting, analysis and expert opinions for various important industries. According to this research report, the global inverter market will show strong growth momentum in 2023, with shipments jumping to 527GW, achieving an annual growth of up to 57%. This significant expansion is mainly due to the booming development of the Chinese market and extensive inverter pre-installation requirements. It is worth noting that the annual inverter supply significantly exceeded market demand, reaching a surplus of 117GW. Coupled with the slowdown in global installation growth, inverter shipments are expected to decline by 3% in 2024.

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Among many photovoltaic companies, Chint Power has continued to occupy a leading position in the Korean inverter market by virtue of the excellent performance of its inverter products, leading professional technical strength and complete after-sales service system, and has won wide recognition and recognition in the market. trust. Up to now, Chint Power's inverters have been ranked top 1 in the Korean inverter market for three consecutive years, and their market share has been increasing year by year.

In recent years, the competition in the photovoltaic market has become increasingly fierce, and there are many voices in the industry saying "photovoltaic winter". However, as an industry leader, Chint Power firmly believes that only continuous technological innovation, excellent product performance and a comprehensive service system can lead the company through the cycle and move towards a new round of prosperity in the market. In the face of challenges, Chint Power not only did not shrink back, but accelerated its strategic transformation and significantly increased its layout and investment in the energy storage business. It continues to accelerate the upgrading and iteration of energy storage products and launches new products, demonstrating strong R&D strength and market acumen.

At the same time, Chint Power’s new optical and storage intelligent manufacturing base has started construction, which indicates that Chint Power’s optical and storage production capacity will usher in a qualitative leap in the future, providing the market with more professional and efficient products and system solutions. Chint Power is taking practical actions to prove our determination and ability to seek breakthroughs in adversity and lead the trend in change. At the same time, we are fully prepared to welcome the next leap in the market.

[Editor in charge: Gao Qian]

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