How can the inverter industry achieve growth?
2025-07-05
What is the secret to the growth of inverter companies against the backdrop ofifying competition in the photovoltaic industry?
The performance of inverter companies has generally increased significantly, An inverter is a device that converts direct (batteries, storage batteries) into alternating current. Its core components include an inverter bridge, control logic, and filter circuit, and it has a high technological barrier to. Photovoltaic Power Inverters are core components of photovoltaic systems, and their growth is mainly affected by the demand for new photovoltaic globally and the demand for inverter replacements in existing photovoltaic power stations. The data shows that in the first quarter of this year, the leading in company, Suntech Power, achieved a revenue of 19.036 billion yuan, a year-on-year increase of 50.92 a net profit of 3.826 billion yuan, a year-on-year increase of 82.52%, and the profit scale far exceeded of its competitors.
The total operating income of Sunelectrics was 831 million yuan, a year-on-year increase of 16.78%; net profit of the mother was 88 million yuan, a year-on-year increase of 71.56%. On April 2, Suntech Power analyzed the reasons for the growth of the first quarter's performance in the investor communication meeting, pointing out that the inverter maintained a healthy growth compared to same period last year, and energy storage achieved rapid growth. The income from new energy investment and development business decreased, mainly due to the increase in the proportion of low-margin photovoltaic business income.
Deere mainly produces and sells energy storage inverters, String Inverters, and microinverters. The company said that in the first quarter, the sales scale of the company's inverters and energy storage battery packs continued to rise, and at the same time, the company controlled costs maintained profit margins. In the first quarter of this year, Deere realized a revenue of 25.66 billion yuan, a year-on-year increase of 6.24%; a net profit of 7.06 billion yuan, a year-on-year increase of 62.98%. On May 7, a staff member of Deere's securities department introduced to the "Daily Economic News" reporter over the phone that the company's inverter and energy battery pack business both had good growth in the first quarter, with the latter growing faster. The company has been deeply cultivated in Asia, Africa, and Latin America for many years, its products have expanded to more than 100 countries and regions around the world.
Deere mainly produces and sells energy storage inverters, String Inverters, and microinverters. The company said that in the first quarter, the sales scale of the company's inverters and energy storage battery packs continued to rise, and at the same time, the company controlled costs maintained profit margins. In the first quarter of this year, Deere realized a revenue of 25.66 billion yuan, a year-on-year increase of 6.24%; a net profit of 7.06 billion yuan, a year-on-year increase of 62.98%. On May 7, a staff member of Deere's securities department introduced to the "Daily Economic News" reporter over the phone that the company's inverter and energy battery pack business both had good growth in the first quarter, with the latter growing faster. The company has been deeply cultivated in Asia, Africa, and Latin America for many years, its products have expanded to more than 100 countries and regions around the world.