FuturENERGY Digital – N 69
R&D INVESTMENT AND TECHNOLOGY INNOVATION IN PV INVERTERS: THE KEYS TO THE SUCCESS OF GROWATT
Growatt is a new energy enterprise dedicated to the R&D and manufacturing of PV inverters including on-grid, off-grid and storage inverters, as well as smart energy management solutions. The power capacity of the on-grid inverters from Growatt ranges from 750 W to 250 kW, while its off-grid and storage inverters cover a power range from 1 to 630 kW.
Localisation is crucial to Growatt’s global strategy. Over the years, Growatt has established an extensive service network with 13 offices and warehouses worldwide. The company has also built strong and experienced local teams in key markets, such as Europe, Australia, India and the Americas.
Awards and recognitions
As of the end of 2019, Growatt had shipped over 1.7 million inverters to more than 100 countries and regions across the globe. According to reports released by Wood Mackenzie and IHS Markit, Growatt ranked among the world’s top 10 PV inverter suppliers in 2019.
According to Wood Mackenzie, in 2019 global PV inverter shipments increased 18% year-on-year, with total shipments reaching 126,735 MW. Growatt shipped a total capacity of over 5 GW for the year, to rank 8th among inverter suppliers.
R&D investment and technology innovation in PV inverters: the keys to the success of Growatt
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