A solar inverter is a crucial device that plays a pivotal role in solar energy systems by converting DC power generated from solar panels into usable AC power for the load. It serves as one of the core components and is considered the most intricate part of solar energy storage. Hence, selecting the right solar inverter holds significant importance.
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Keeping this in mind, we have compiled a list of 15 global solar inverter manufacturers in . These companies offer highly competitive products, providing a range of options to choose from.
Read on.
&#; Sungrow Power
&#; Huawei Technologies
&#; Ginlong Technologies
&#; Growatt New Energy
&#; SMA Solar Technology AG (Germany)
&#; GoodWe
&#; Power Electronics
&#; Sineng Electric
&#; SolarEdge
&#; TMEIC
&#; Fimer
&#; SofarSolar
&#; TBEA
&#; Enphase Energy
&#; Hisen Power
Established in , Sungrow Power stands as one of China's pioneering photovoltaic (PV) companies, with a primary focus on research and development, production, and sales of PV inverters. The company operates in two key areas: power plant investments and power conversion equipment, including PV inverters.
In , Sungrow Power achieved a significant milestone by entering the top ten list for global PV inverter shipments. Fast forward to , Sungrow Power emerged as the global leader in the PV inverter market, surpassing all competitors with nearly 8 gigawatts (GW) of shipments.
Main Products: String inverters, central inverters, and energy storage inverters.
Location: Anhui, China
Year founded:
Website: https://en.sungrowpower.com/
Huawei Technologies, headquartered in Shenzhen, Guangdong Province, is a renowned global information and communications technology (ICT) solutions provider. The company specializes in ICT infrastructure and smart terminals.
Compared to SunPower, Huawei is a "newcomer" to the PV inverter sector, having launched its first PV inverter in and quickly gaining recognition by entering the top five in the global market the following year. By , it had achieved the coveted position of world market share leader, with global solar inverter shipments reaching 28,000 megawatts in .Main Products: String inverters, central inverters, and smart PV solutions.
Main Products: String inverters, central inverters, and smart PV solution
Location: Shenzhen, China
Year founded:
Website: https://www.huawei.com/en/
Founded in , Ginlong Technology Co., Ltd. is a high-tech enterprise centered around the new energy industry. It specializes in the research and development, production, sales, and service of string inverters, which serve as crucial components in photovoltaic power generation systems. Notably, Ginlong holds the distinction of being the first Chinese A-share listed company with string inverters as its primary business segment. Additionally, it holds the distinction of being the world's first inverter company to obtain the reliability test report from PVEL, a highly regarded third-party authority.
Solis is the brand of Ginlong solar inverter
Main Products: String inverters, hybrid inverters, and energy storage inverters.
Location: Zhejiang, China
Year founded:
Website: https://www.ginlong.com/us
Established in Shenzhen, China in , Growatt is a prominent company specializing in the design, development, and manufacturing of PV inverters, energy storage systems, and smart energy management systems. It primarily caters to household, commercial, and industrial end-users globally.
Within Growatt's three primary business segments, PV inverters take the lead as the top business segment. In , it generated sales revenue of 3.898 billion yuan, positioning Growatt as the fourth-largest PV inverter supplier in the world.
Main Products: String inverters, hybrid inverters, and energy storage inverters.
Address: Shenzhen, China
Year founded:
Website: https://us.growatt.com/
SMA Solar Technology AG, established in and based in Niestetal, Germany, holds the prestigious position as the world's leading provider of professional inverter production. In , SMA pioneered the launch of the world's first PV inverter and has since been a stalwart in the European market for several decades.
While SMA had previously held the title of the world's third-largest inverter supplier, in , companies such as Sungrow Energy, Ginlong Technology, Huawei Technology, and others successfully surpassed SMA in market rankings. During the first half of , SMA recorded sales of less than 5.8 gigawatts (GW) of PV inverter production.
Main Products: String inverters, central inverters, and battery inverters.
Location: Germany
Year founded:
Website: https://www.sma-america.com/
GoodWe is a comprehensive solution provider with PV inverters at its core. With 13 years of industry experience, the company has been dedicated to the research, development, production, and sales of solar energy, energy storage, and other new energy power equipment. Its products have reached over 100 countries and regions worldwide. Notably, according to WoodMackenzie, GoodWe secured the sixth position in global inverter shipments in .
Main Products: String inverters, hybrid inverters, and energy storage inverters.
Location: Suzhou, China
Year founded:
Website: https://en.goodwe.com/
Power Electronics holds the esteemed position as the foremost manufacturer of soft starters and frequency converters in Spain. Moreover, it stands as the global leader in manufacturing energy storage power conversion systems and holds a prominent position as a solar inverter manufacturer for photovoltaic plants across Europe, Oceania, Asia, and the Americas. Power Electronics also commands the largest market share in the Spanish PV inverter market.
Main Products: Soft starters and frequency converters, energy storage power conversion systems, solar inverters
Location: Spain
Year founded:
Website: https://power-electronics.com/en
Sineng Electric business scope encompasses a wide range of fields, including PV inverters, energy storage systems, power quality management, and power plant development.
The primary focus of Sineng Ltd. lies in the production of string-type inverters, primarily catering to the household and distributed markets. Additionally, Sineng Electric also offers bulk inverter products, expanding its offerings to meet diverse customer needs.
Main Products: PV inverter, energy storage system, power quality control, plant development and other fields
Location: Wuxi, China
Year founded:
Website: https://en.si-neng.com/
Founded in , SolarEdge is an Israel-based global leader in smart energy technology. The company offers comprehensive solutions for distributed solar power optimization and PV system monitoring. Its diverse range of products and services includes PV inverters, power optimizers, PV monitoring solutions, software tools, and electric vehicle chargers.
In recent years, SolarEdge has made significant additions to its portfolio of PV inverters, amounting to approximately 1,000 megawatts alternating current (MWac) since . The company places particular emphasis on serving the European market, demonstrating its commitment to providing cutting-edge solutions to customers in that region.
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Main Products: String inverters, power optimizers, and monitoring platforms.
Location: Israel
Year founded:
Website: https://www.solaredge.com/
TMEIC, an established company in the United States, is a UL certified provider of power plant-grade V PV inverters. With a focus on innovation, the company designs and develops state-of-the-art solar PV inverters, also known as Power Conversion Systems (PCS), which offer exceptional performance, high efficiency, and a compact footprint. TMEIC's inverters are designed to meet the rigorous demands of power plants, ensuring reliable and efficient operation in the solar energy sector.
Main Products: PV Inverters (Power Conversion Systems), Industrial Motors and Drives, Industrial Automation Systems, Power Electronics Equipment
Location: USA
Year founded:
Website: https://www.tmeic.com/
In , the Swiss industrial giant ABB Group divested its photovoltaic inverter business to the Italian company Fimer SpA. This transaction positioned Fimer as one of the leading global suppliers of solar inverters.
Main Products: String inverters, central Inverters, microgrid solutions, BESS solutions, monitoring and control, software tools
Legacy Inverters
Location: Italian
Year founded:
Website: https://www.fimer.com
Established in , Shouhang New Energy primarily specializes in supplying energy storage inverters and energy storage system solutions.
By , Shouhang New Energy's sales of PV inverters in Italy surpassed twice the total annual installed PV demand of the entire country. Additionally, its sales in Poland account for 40% of the entire Polish market.
Main Products: Single-phase solar inverters, three-phasesolar inverters, and energy storage system solutions.
Location: Shenzhen, China
Year founded:
Website: https://www.sofarsolar.com/
TBEA is dedicated to offering environmentally friendly and clean solutions for the global energy industry. They provide a range of products and services, with a focus on solar photovoltaic inverters. TBEA primarily targets the Indian market.
Main Products: String inverters, central inverters, and hybrid inverters.
Location: Shanxi, China
Year founded:
Website: https://www.tbea.com
Enphase is the world's largest manufacturer of microinverters for the residential and commercial markets in North America, Europe and Australia.
Main Products: Microinverters, energy storage systems, and monitoring software
Location: United States
Year founded:
Website: https://enphase.com/
Hisen Power is an energy storage manufacturer based in Suzhou, China, focusing on the development, production and sales of residential energy storage systems. The company has top engineers from the world's top solar inverter and battery companies and over 10 years of industry experience.
Main Products: Hybrid inverter, residential energy storage system, home storage battery
Location: Suzhou, China
Year founded:
Website: https://www.hisenpower.com/
Notably, Hisen Power, a prominent company specializing in hybrid inverters, has experienced rapid expansion since the end of and has gained recognition in the secondary market. As of June , Hisen Power boasts an impressive annual production value of 1 gigawatt-hour (GWh).
The solar inverter market is snowballing as more and more people turn to solar energy to power their homes and businesses. According to a report by MarketsandMarkets, the global solar inverter market is expected to reach $33.8 billion by from an estimated $16.3 in , growing at a CAGR of 15.7% during the forecast period. This growth is driven by increasing demand for renewable energy, technological advancements in solar inverters, and supportive government policies.
This article will look at the top 10 solar inverter manufacturers in the world. These top manufacturers are well-positioned to capitalize on this growth and continue to lead the industry. They are at the forefront of the industry, offering a wide range of high-quality solar inverters for residential and commercial applications.
WHC is the most reliable among the top 10 solar inverter manufacturers in the world. The processing factory spans 200,000 square meters, has 16 years of expertise manufacturing solar batteries, 12 years of experience manufacturing off-grid solar systems, and has applied for 9 patents.
WHC SOLAR, the company&#;s own brand, has registered trademarks in 37 countries worldwide, 33 of which are in Africa.
WHC SOLAR provides a one-stop service for solar power-generating project production design, sales, and after-sales. They have numerous certifications from reputable organizations and multiple design patent certificates. WHC SOLAR has 13 years of solar technical knowledge that is worthy of your faith and worry-free after-sales service.
The company&#;s management policy is: &#;quality first, customer happiness,&#; and the entrepreneurial attitude is: &#;honest, trustworthy, win-win.&#; In an era of fierce market competition, the company is customer-centric, market-oriented, and committed to providing customers with the best quality products and modern services.
Sungrow Power Supply Co., Ltd. is the world&#;s most bankable of the 10 solar inverter manufacturers, with over 269 GW installed globally as of June . Sungrow, which provides a wide range of products and services, is dedicated to delivering clean power for all and is working hard to become the global leader in clean power conversion technology.
With a global yearly production capacity of 145 GW, including 25 GW outside China, Sungrow has the world&#;s largest inverter factory. Sungrow has a strong technology R&D team of over individuals and is a leader in solar industry innovation. The company has also invested in its in-house testing facility, certified by SGS, CSA, and TÜV Rheinland.
SMA Solar Technology AG makes solar inverters, alternating current converters used to generate electricity from the sun. The company focuses on the technology of photovoltaic systems. SMA is headquartered in Germany and operates on a global scale. SMA continues to pioneer and trendsetter towards 100 percent renewable energy worldwide.
Their revolutionary solar and storage solutions, intelligent energy management systems, and modern charging solutions for e-vehicles enable consumers and businesses worldwide to attain greater energy independence. They are shaping the energy transition for a more environmentally friendly and sustainable future.
SL Power Electronics is a global pioneer in designing and manufacturing AC/DC power conversion solutions that OEMs utilize in their mission-critical applications. Their product line includes various conventional, modified, and entirely customized turnkey solutions. With over 60 years of power industry experience, they provide OEMs with superior performance through solutions designed for thermal management, reliability, EMI/EMC, power density, and power efficiency.
SL Power Electronics focuses on three key market segments: medical, LED, and industrial, bringing them to the list of top inverter manufacturers worldwide. Their products can power practically every electronic medical equipment used to save and sustain lives in the medical applications area, including surgical, patient monitoring, and home healthcare devices.
FIMER is a proud Italian firm that manufactures solar inverters, energy storage systems, and EV chargers for the residential, commercial, and utility industries. They have one of the most diverse portfolios of solar inverters, ranging from single and three-phase string inverters to megawatt-sized central inverters, to fulfill the needs of every PV application.
FIMER is a leading global manufacturer of inverters for solar systems in an environment where the need for renewable energy is constantly increasing. They are a global tier-one player and supplier of renewable energy equipment specializing in solar inverters and mobility systems.
TMEIC propels the global industry with a complete supply of one-of-a-kind system solutions such as variable frequency drives, motors, solar inverters, and innovative automation systems for various industrial applications. Toshiba Mitsubishi-Electric Industrial Systems Corporation (TMEIC) was formed in due to the merger of Toshiba and Mitsubishi Electric Corporation&#;s industrial systems divisions.
Their committed approach to collaborative solution creation means that the world&#;s best minds can assist every sector worldwide. TMEIC is positioned to create breakthrough technologies, adapt swiftly to industry changes, and apply solutions to a wide range of industrial market segments worldwide due to this formidable combination of resources.
Solis was founded in and is one of the most experienced and top solar inverter manufacturers. Ginlong optimizes its Solis inverters for each geographical market, supplying and supporting its customers with a worldwide supply network and world-class R&D and manufacturing capabilities.
The Solis brand represents the company&#;s solar inverter product line, which combines unique string technology to guarantee first-class reliability that has been certified by the most stringent international standards. Their proven bankability has garnered the backing of world-class financial institutions, ensuring solid long-term returns on investment. Solis US collaborates with environmental and renewable energy stakeholders to expedite the world&#;s transition to a more sustainable future.
Growatt was created in by a group of global PV industry pioneers led by David Ding to create a green and sustainable future. The desire to see everyone benefit from sustainable energy drives Team Growatt to work tirelessly to provide high-quality goods and services to global clients.
Growatt swiftly evolved into one of the top solar inverter manufacturers providing distributed energy solutions worldwide. Growatt&#;s smart energy solution is based on Big Data, AI, and IoT technology. It can achieve smart energy management and distribution by employing multi-point data monitoring and a smart cloud platform to predict energy generation and consumption.
SolarEdge provides intelligent energy solutions that power our lives and drive future progress by utilizing world-class engineering capabilities and a tireless emphasis on innovation. SolarEdge, founded in , created the DC-optimized inverter solution that revolutionized how power is captured and handled in photovoltaic (PV) systems. For enhanced ROI, the SolarEdge intelligent inverter solution maximizes power generation while minimizing the cost of energy the PV system provides.
SolarEdge&#;s wide product range includes residential, commercial, and large-scale PV, energy storage and backup solutions, EV charging, home energy management, grid services and virtual power plants, batteries, and uninterrupted power supply (UPS) solutions.
Sineng Electric Co., Ltd. is a leading global high-tech enterprise specializing in power electronic product R&D, manufacturing, trading, and maintenance, with operations in PV inverter, energy storage system, power quality control, plant development, and other fields, with a commitment to promoting the construction of a brighter future through cutting-edge technology solutions.
Sineng supplies all-scenario power production solutions in the PV industry, covering 3kW~kW central and string inverters, which are extensively accepted in ground-mounted, floating, complicated terrain, C&I rooftop, and residential projects and able to fulfill different demands of clients globally. Sineng offers all-scenario energy storage solutions, including V/V central and string PCS and system integration products, for power generation, power grid, user, and microgrid applications.
In conclusion, the solar inverter industry is a rapidly growing market with various manufacturers offering various products. The world&#;s top 10 solar inverter manufacturers include SMA Solar Technology, power electronics, Growatt new energy, WHC, SolarEdge, Sineng, Delta Electronics, Sungrow, Fimer, TMEIC, etc.
Whether you are a residential homeowner looking to install solar panels on your home or a commercial business owner interested in transitioning to renewable energy, these top solar inverter manufacturers worldwide have a solution for you. You can also get in touch with the WHC team to get a free consultation.
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