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Huatai Securities has issued a report indicating that in July 2025, China's inverter exports totaled RMB 6.51 billion, experiencing a marginal monthly decline. The export volume stood at 4.6 million units, marking a 10.3% drop from the previous month. Despite this month-on-month decrease in volume, demand remained robust during the peak season, especially with notable surges in demand for European commercial and industrial storage solutions, as well as Australian residential storage systems. Looking ahead, power outages, electricity price increases, and the rapid expansion of wind and solar installations across various regions will continue to serve as the key drivers of inverter demand. Furthermore, the achievement of parity in photovoltaic (PV) storage systems is anticipated to further accelerate the growth in demand.
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