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Member News

Sungrow Earns AAA Bankability Rating as Global Inverter Leadership Holds

July 12, 2026

Sungrow Earns AAA Bankability Rating as Global Inverter Leadership Holds

SolarXList member Sungrow achieved a top AAA rating in the new PV InverterTech bankability report — and together with Huawei holds more than half of the global inverter market.

SolarXList member Sungrow has achieved a top AAA rating in the newly released PV InverterTech bankability report, according to PV Tech — the highest grade a supplier can earn for financial strength, technology and delivery track record.

What the numbers say

  • Sungrow and Huawei jointly hold more than 50% of the global inverter market, and both maintained AAA ratings.
  • S&P Global Energy also recognized Sungrow as a Tier 1 PV inverter supplier for 2026 in its first cleantech companies list (pv magazine).

Why bankability matters for buyers

For developers and lenders, an inverter maker's bankability is as important as its datasheet: a 25-year project needs a supplier who will still be there to honour warranties and service contracts. Ratings like these are exactly the due-diligence signals purchasers should weigh alongside price.

Sungrow Power Supply Co., Ltd. (Hefei, China) is a Platinum member on SolarXList. Visit Sungrow's member page →

Sources: PV Tech; pv magazine, July 2026.

SX
SolarXList Editorial

Written by the SolarXList data team. Company counts are pulled live from our directory of solar, PV and energy-storage companies across 238 countries; industry news is summarized from cited public sources. See our data methodology or contact us to correct a figure.

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