“Despite turbulent market conditions for solar inverters since 2018, Ginlong continues to increase year-over-year sales, market share, and export volumes of our Solis string inverter portfolio,” says Ginlong CEO Jimmy Wang. “Our global expansion leverages strategic offices in the U.S., Europe, Australia, India, and Mexico to support our inverter export push going into 2020.”
China's overall PV inverter export volume grew for a third year in a row during the first half of the year, despite a 10 percent year-over-year decline in inverter sales worldwide. According to customs data, half of China’s inverter exports went to five countries -- the Netherlands (16% of total value), United States (15%), Vietnam (10%), India (6%), and Germany (5%). Emerging markets and thriving demand in Europe offer new growth opportunities for key Chinese manufacturers over the next few years.
“Our goal is to merge our global reach with a keen focus on local markets. Not only have we optimized our Solis inverters for each regional market, but we are pleased to have brought together some of solar’s top inverter experts to staff our sales, service, and support operations in each local market,” says Susanna Huang, General Manager of Ginlong Solis USA.
Established in 2005, Ginlong Technologies is one of the oldest and largest manufacturers of PV string inverters. They are distributed under the Solis brand. (HCN)
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