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Chinese PV Industry Brief: Huawei shipped 51 GW of PV inverters in 2021

News Snapshot:

Huawei shipped 51 GW of PV inverters in 2021. This was revealed during a press conference by a company spokesperson, who also revealed that the Chinese conglomerate and inverter maker shipped 2 GW of storage systems last year. In 2020, total PV inverter shipments totaled 41.7 GW. Longi reported this week its revenue grew by 48% to CNY 80.9 billion (US$12.4 billion) in 2021. Its profit, however, declined by 6.2% to CNY 9.1 billion. The PV wafer and module manufacturer produced 70 GW of wafers last year, of which 33.9 GW were for internal use and 36.1 GW for external…

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