Global trailblazer in solar inverter technology, Solis, announced that it received the top ranking position in global residential inverter shipments, according to the latest Wood Mackenzie inverter market share report.
“The recognition from Wood Mackenzie is a testament to our strategy of combining cutting-edge innovation with unparalleled reliability, creating value throughout the solar supply chain,” said Solis Inverters president Jimmy Wang.
A testament to Solis’ commitment to providing quality and innovative products, technological advancement, and client fulfillment is the company’s ascent to the pinnacle of the home inverter industry.
This recognition, Solis said, is a result of the firm’s goal of developing reliable inverter solutions that cater to the evolving needs of the residential solar sector.
To further cement Solis’ position as a leader in the solar inverter industry, it also retained its position as the third-largest inverter manufacturer across all segments for the second consecutive year.
Solis continues to provide quality services through stringent quality control and innovative solutions that cater to market demands.
“This customer-centric approach and technological leadership are central to our success. We are deeply grateful for our customers’ continuous support and confidence, which fuels our journey of innovation and excellence,” Wang added.
Solis also recorded a significant increase in research and development spending—exceeding 5% of yearly sales in 2023— dedicated to improving product dependability and fostering innovation that goes above and beyond what customers and the market expected.
“With partnerships spanning over a decade since our inception in 2005, Solis has earned the trust of customers worldwide,” Wang stressed.
Established in 2005, Solis, one of the renowned manufacturers of PV string inverters, customizes its inverters for each localized market, providing a team of local professionals to service and support its clientele.
