Shangneng Electric and Goodway entered the top nine, TBEA and Shouhang New Energy also ranked top, and Kehua Data squeezed into the top 20. The ranking shows that many inverter manufacturers in China continue to control the high market share of the inverter industry. According to the latest report of the energy consulting agency Wood Mackenzie (WoodMackenzie), global inverter companies shipped a total of 185. They are Huawei, Sunshine Power, Growatt, Jinlang Technol gy, Sh d Inverters" market sizing report:. Since 2018, inverter shipments worldwide have increased by almost 480 gigawatts. Huawei was followed by Sungrow Power Supply and Ginlong Solis in the second and third position respectively, based on shipments. * For commercial use only Access limited to Free. To help the industry chain fully understand the actual development of the industry, Solarbe & Solarbe Consulting, after two weeks of intensive research, verification, and analysis, releases this ranking list of module shipments for 27 PV companies in 2025 for your reference. Overall, the Top 4. PVTIME – On 10 June 2025, the PVBL 2025 Global Top 100 Solar Brands rankings and the PVBL 2025 Global Solar Brand Influence Report were unveiled at the 10th Century Photovoltaic Conference in Shanghai, China.