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Growatt’s 2023 Highlights: Innovating and Thriving in the Global Solar Market – EQ

Growatt’s 2023 Highlights: Innovating and Thriving in the Global Solar Market – EQ

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As the end of 2023 is approaching, reflecting on the achievements, this year has been a milestone for Growatt, marked by moments of growth, transformation, and learning. Growatt remains the global NO.1 residential inverter supplier, according to S&P Global Commodity Insights. The company is also making great progress in C&I and large-scale PV plants, strengthening its position among the world’s top 4 PV inverter suppliers. Growatt experienced an impressive growth in Indian market as well, Growatt is the third-largest inverter supplier in the first half of 2023.

Growatt has achieved remarkable success in the solar industry, receiving multiple awards and recognition for its innovation, quality, and market leadership. In 2023, Growatt received two Top Brand PV Awards from EUPD Research for South East Asia and was selected as one of the GlocalIn Top 50 Tech Faces of Globalized Chinese Companies by MIT Technology Review China, DeepTech, and LinkedIn China.

In 2023, adhering to the global strategy, they held over 100 ShineElite Roadshows, technical training and other events across the global. Additionally, Growatt has presented itself in the global stage like SNEC, Intersolar Europe, REI among others, which ended with meaningful connections, building trust, and a shared passion for change.

Growatt has also endeavored to cater to the ever-changing market demand and launched innovative solutions for Indian market including MID 30-50KTL3-X2 inverter, which empowers smaller-scale businesses with greener operations. Besides, the best-selling MAX 100-125KTL3-X was updated to a new generation with larger input current capacity. For C&I energy storage solutions, Growatt introduced WIT 50-100K-HU hybrid inverter and APX Commercial Battery.

Commenting on the achievements, Lisa Zhang, the vice president of Growatt emphasized that with their products installed in over 180 countries worldwide, Growatt has established a strong local support network of 42 representative sites globally to deliver efficient service support and provide ultimate customer experience for clients.

As for our upcoming plans, “we are now focusing on expanding our presence in the growing C&I segment while maintaining our leading position in residential. We aim to enable everyone to benefit from sustainable energy, and by providing reliable products and services, we build enhanced collaboration with like-minded partners worldwide to accelerate the energy transition,” Zhang added.

Anand Gupta Editor - EQ Int'l Media Network