Solis Earns Spot in Global Top 500 New Energy Enterprises for the Fourth Consecutive Year

Johannesburg, South Africa – 20 September 2024 – Ginlong (Solis) Technologies, the world’s most experienced and third-largest manufacturer of solar inverters, has once again secured its place on the prestigious list of Global Top 500 New Energy Enterprises for the fourth year in a row. This recognition was announced in the “2024 Global New Energy Enterprises Competitiveness Analysis” and “2024 Global Top 500 New Energy Enterprises” reports, released during the 2024 Taiyuan Energy Low Carbon Development Forum on September 10th.

The Global Top 500 New Energy Enterprises list is compiled through a rigorous evaluation of key performance indicators from the previous year. This criterion includes revenue growth, profitability, and investment in research and development (R&D), offering a comprehensive view of each company’s competitiveness and potential for sustainable growth within the global new energy market.

Solis has continued to meet and exceed the standards required for this recognition, reaching several major milestones over the past year. Among these achievements, Solis has been ranked first in the global market share for residential single-phase string inverters and has surpassed an impressive 100GW in cumulative global shipments. These accomplishments highlight the company’s unwavering commitment to innovation, with R&D forming the core of its strategy.

One of Solis’ most notable advancements in the Africa and Middle East region is the unveiling of its cutting-edge lineup of 6th generation string inverters, featuring the powerful 50kW hybrid inverter. Officially launched in March at Solar & Storage Live in South Africa, Solis captivated the industry with an interactive showcase of the 50kW hybrid, designed specifically for the Commercial & Industrial (C&I) sector.

This revolutionary product is already making a significant impact, transforming businesses across South Africa with outstanding real-world applications, driving efficiency, sustainability, and cost savings for C&I operations.

Founded in 2005, Solis has remained steadfast in its mission to “develop technology to power the world with clean energy.” This latest recognition as one of the Global Top 500 New Energy Enterprises serves as both a validation of the company’s ongoing efforts and a motivation to continue leading through innovation.