How many energy storage and solar inverter manufacturers are there?

In these reports, we present the Altman Z Scores of over 40 energy storage manufacturers, 30 solar inverter manufacturers, and 70 PV module manufacturers. These reports allow you to compare manufacturers and serve as a crucial indicator when selecting your PV module, energy storage, or inverter manufacturer.

Where are the PV markets now?

The Covid-19 lockdowns brought back a concentrated PV market, in which more than half of the world’s non-residential PV additions were located in mainland China or the United States. Adding on Vietnam, where the commercial segment soared in 2020, the top three markets contributed to 61% of added non-residential PV last year.

How many GW of nonresidential PV systems are installed in the world?

Mainly thanks to strong market growth in China and the United States, they joined the seven integrators that were already in the gigawatt league. In all, the 30 largest EPC providers installed 36 GW of nonresidential PV systems, representing 28% of the global PV market. This is a continued increase from 27% in 2019 and 21% in 2018.

Are India's PV integrators the biggest in 2020?

No Indian companies were among the 10 largest in 2020 and only two – Sterling and Wilson and Tata Power – remained among the 30 largest in the ranking. Source: IHS Markit Out of the 30 largest PV integrators in 2019, 21 installed less capacity in 2020, and 13 even fell out of the top-30 ranking.

How many nonresidential PV systems do EPC providers install?

In all, the 30 largest EPC providers installed 36 GW of nonresidential PV systems, representing 28% of the global PV market. This is a continued increase from 27% in 2019 and 21% in 2018. Of those 30 EPC providers, 16 executed projects in several markets. The rest concentrated on projects in singular markets, most often in their home markets.

Are non-residential PV installations declining?

In contrast, non-residential PV installations declined by 17% in the rest of the world, compared to 2019. The result was that among the 10 largest EPC providers, four conducted all or the majority of business in mainland China and another four were solely focused on the United States.