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Huawei has a reputation as a leader in communication and mobile technology, but its not well-known that the company is a global powerhouse for solar technology. Building on decades of experience in large-scale commercial and utility solar, Huawei jumped into the residential solar market in with an efficient, lightweight hybrid solar inverter offering an impressive range of features at a competitive price. Then, only two years later, Huawei released the second generation residential hybrid inverter, a new compact optimiser, a range of 3-phase hybrid, and large commercial inverters with advanced capabilities.
Huawei pronounced Hua-Way is a Chinese communications and technology company mainly known for its mobile phones. The company ranks 44th in the Fortune Global 500, and operates in more than 170 countries and regions, with over 197,000 employees. Huawei has staggering research and development capability, with 53.4% of the workforce dedicated to R&D and ranks 3rd in the EU Industrial R&D Investment Scoreboard.
Huawei has a strong foothold in the global PV market. According to reports released by IHS Markit and Wood Mackenzie, Huawei has been ranked No. 1 in global inverter shipment for six consecutive years since , accounting for 23% of the worldwide market in . Interestingly, they only build string solar inverters, not central inverters, and believe string technology is superior, becoming the industry trend due to improved monitoring and less costly maintenance.
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