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2021 is an opportunity for leaps and bounds in various photovoltaic markets in China and around the world, and most companies like the top 5 pv inverter manufacturers in China have achieved Two-way galloping growth in efficiency and shipments.

In the fiercely competitive photovoltaic inverter market, there are excellent and dedicated people who have worked hard and marched to every corner of the world at top speed. With brains and sweat, they stood side by side with the company and achieved historic business breakthroughs. Here are the top 10 PV inverter companies in the world in 2022.


Company profile :

  • Founded in 1987, Huawei is one of the top 10 PV inverter companies in the world and the world's leading supplier of ICT (Information and Communication) infrastructure and smart terminals. . Currently, Huawei has about 195,000 employees and its business covers more than 170 countries and regions, serving more than 3 billion people around the world.
  • Huawei is committed to bringing the digital world to everyone, every home and every organization, and building a smart world where everything is connected: making ubiquitous connections an equal right for everyone, is the premise and foundation of an intelligent world.
  • Huawei's residential charging pile (FusionCharge AC AP07/22N-EU) has made its global debut. This new product supports using solar energy to charge electric vehicles, can be installed quickly indoors and outdoors, can be quickly charged at any time.
  • AI Energy Management Assistant – Green Electric Home All-Inclusive Housekeeper EMMA launches, based on big data learning about weather and electricity consumption habits.
  • Accurately calculates and predicts photovoltaic generation and home power consumption, and automatically adjusts to optimal mode to achieve “one key at hand, worry-free power consumption” ".

Registered capital: 5,683,111,372.40 USD

The company's web site:


Company profile:

  • Established on July 11, 2007, Sungrow is a national key high-tech enterprise focusing on research and development, production, sales and service of new energy equipment such as solar energy solar energy, wind energy, energy storage, hydrogen energy and electric vehicles.
  • The main products are photovoltaic inverters, wind energy converters, energy storage systems, water surface photovoltaic systems, new energy vehicle powertrains, charging equipment, energy hydrogen production systems renewable energy, intelligent energy maintenance and operation services, etc., and is committed to providing world-class service. clean energy full life cycle solutions. For wind-solar energy storage and hydrogen storage, five main lines develop simultaneously.
  • The company's business mainly consists of five divisions of photovoltaic inverters, wind energy converters, energy storage systems, new energy vehicle powertrains and hydrogen energy, all of which are stages of high prosperity.
  • As of 2021H1, among the top 10 PV inverter companies in the world, Sungrow's cumulative inverter shipments have reached 182GW, becoming the company's mainstay business. Going forward, the company will seize the opportunity to transform energy under a carbon-neutral platform, strengthen business synergy such as wind power and energy storage, and develop five major business areas .
  • Maintaining the leading position in the ground power station market and expanding the distribution market channel. The company's market share of inverter products is ranked first in the world. It is expected that the company's PV inverter shipments will reach 47GW / 66-70GW in 2021/2022, in which the installed capacity delivered will increase significantly. At the same time, quickly capture the newly added distributed installed capacity market.
  • The "deskless" energy storage system strategy, the energy storage business doubled. The energy storage system has the function of scraping peaks and filling valleys, which can effectively flatten the output curve of wind and photovoltaic energy, reducing wind and solar energy abandonment. while ensuring the stability of the grid operation. New energy + energy storage will be an important way of providing energy in the future.
  • The company seized the opportunity of the rapid development of the energy storage industry, brought into full play the company's strengths in power electronics, adopted the strategy of "no battery" energy storage system. develops residential and industrial and commercial energy storage systems, and launches a 5-10kW / 9.6-102.4kWh home energy storage system and a 50kW distributed energy storage system- 1MW/2-5h has been mass adopted in the global market.

Total market value: 15 billion USD



Company profile:

  • Power Electronics is a leading Spanish company in the field of AC motor control, with more than 20 years of experience in the development of soft starters and frequency converters. The headquarters is located in the Paterna Technological Park, a hub for new technology development in the Community of Valencia.
  • Power Electronics is also a major Spanish manufacturer of soft starters and frequency converters. Based on current and future-oriented strategic plans to become a leader in electrical and electronics market. Provide customers with advanced, high-quality technology research. In addition, professional engineers in the technical department also provide comprehensive pre-sales and after-sales services.
  • Offers a full service system including operation support, 24-hour technical support, one-day repair and replacement commitment, three-year warranty, instant delivery, customer training and specialized technical applications.
  • PowerElectronics inverter shipments will be around 15GW in 2021

The company's web site:


Company profile:

  • Founded in 2011, Growatt is a new energy enterprise focusing on the research and development and production of solar grid-tied energy storage systems, smart charging piles and management solutions. smart energy and become one of the top 10 PV inverter companies in the world.
  • Since its founding, Growatt has always focused on investing in R&D and technological innovation. It has successively established three R&D centers in Shenzhen, Huizhou and Xi'an, and dozens of R&D facilities with more than 10 years of inverter R&D experience have led the team to successfully capture high marks in engineering. . , control the core technology of new energy power generation.
  • More than 80 authorized patents have been granted. At the end of 2020, Growatt Smart Industrial Park was officially completed and put into operation in Huizhou. The industrial park covers an area of 200,000 square meters and can supply 20GW of high-quality products to global users each year.
  • Growatt's reliable, sustainable, and all-in-one smart energy solutions, the newly launched Battery Ready residential energy storage solution, the MAX 100-125KTL3-X industrial and commercial inverters and the THOR series of smart charging piles, were launched at the same time.
  • Energy storage preparation solutions include the single-phase MIN 2.5-6KTL-XH series and the three-phase MOD 3-10KTL3-XH series, which are characterized by a simple and elegant design that blends well with home designs. other.

The MAX 100-125KTL3-X is a new generation of photovoltaic inverters designed for commercial and industrial applications, this new product offers many of the “highest” on the market: the highest power density and rating the highest single power class, which is also the highest. Current up to 16A, perfectly compatible with 600W+ high power modules.

Growatt also showcased the THOR Smart Charger Pillar product line which includes various models such as single phase 3-7kW and three phase 11-22kW. The THOR series charging piles lead the industry's innovation and change, combining optical storage with charging piles and providing customers with smart and clean charging solutions.

Registered capital: 30 million RMB

The company's web site :


Company profile :

Ginlong Technology Co., Ltd. was established in 2005. Based on the background of new energy industry, the company is a high-tech enterprise specializing in research and development, production, sales and service of wire inverters for core equipment. core of photovoltaic power generation system.

After more than ten years of development, it was successfully listed on the Shenzhen Stock Exchange on March 19, 2019. It is the first class A-shares listed company with a chain reversal as its business operation. main business and the world's first authorized third-party organization. PVEL reliability test report for inverter companies.

Ginlang solis continues to innovate in smart photovoltaic solutions with smart inverters at its core. This German exhibition offers a full range of home products.

Among them, S6-EH3P (5-10) KH introduces a new technical concept. It integrates 4 MPPT input channels, which is very suitable for villa roofs with many structures. At the same time, the maximum string input current of 16A can be compatible with high current components.

The UPS level switching is less than 10ms, keeping the load uninterrupted, achieving true non-inductive switching and adding parallel generator functionality. When off-grid, generators can be used to supplement battery power, or energy storage systems can be used to power loads at the same time.

Total market value: 51.076 billion RMB

Company website:


GoodWe is one of the Top 10 PV inverter companies in the world established on November 5, 2010. GoodWe is a supplier of solar photovoltaic inverters and related products. The company's products include grid-tied inverters, energy storage products, SEMS systems and supporting products. It can be used in household, commercial, ground and energy storage, etc. In addition, it also involves service support such as power station system design, troubleshooting and assurance. quality.

Grid-connected inverters are the main revenue contributor and energy storage inverters are growing rapidly. The company's inverter shipments in 21H1 are about 238,500 units. In which, the shipment of grid-connected inverters is about 217,500 units, accounting for about 91,19%;

The shipment of energy storage inverters is about 21,000 units, accounting for about 8,81%. It is estimated that the shipment of grid-tied inverters in year 21 will be about 450,000 units and energy storage inverters at 50,000 units. The share of the shipment structure has been increased to 15% and the optimization of the shipment structure is expected to further enhance profitability.

Wide range of inverter products and constantly expanding production capacity. The company has a full range of inverter products, which fully meet the needs of households, poverty alleviation, industrial and commercial, and large-scale power generation stations. Series PV grid-tied inverters have a power range of 0.7-250kW, which fully meets the requirements of grid and grid-connected photovoltaic modules. Photovoltaic energy storage inverters cover the power range of 2.5-10kW single machines and offer a wide range of solutions such as microgrids, industrial and commercial energy storage. The company's Phase II project in Quang Duc with 500,000 inverters is under construction. After the project is completed, the company's production capacity will be further enhanced.

Transforming from a single new energy equipment business to a comprehensive energy Internet. The company is evolving from a pure new power supply equipment business into an energy Internet with functions of power generation monitoring, photovoltaic energy storage, peak and valley regulation of power demand, and Collect data on the power demand of the load.

Total market value: 19.536 billion RMB

The company's web

7. SMA

company profile:

As the world's leading provider of solar system services and solutions, SMA Group has always been committed to setting industry standards for renewable energy supply.

SMA's products include energy storage and solar inverters of varying capacities, charging piles and energy solutions such as green hydrogen production. Up to now, the company has more than 110GW of installed capacity of inverters, its products have been successfully applied in 190 countries around the world.

In 2008, SMA Solar Technology AG, the group's parent company, was listed on the main board of the Frankfurt Stock Exchange in Germany. In 2021, SMA inverter shipments will reach 13.6w

Total market value: 1.525 billion EUR

The company's web site:


company profile

SINENG is a national high-tech enterprise focusing on R&D, production and sales of power electronic products. The company is deeply involved in the field of power electronic conversion and control, providing users with products and solutions such as grid-connected photovoltaic inverters, operation and maintenance of photovoltaic power stations, development of photovoltaic power station, power quality control and two-way energy storage conversion. Its business covers the entire system of electricity generation, supply and distribution, and electricity consumption. It is a leading equipment manufacturer and solution provider in related industries.

The company's energy storage bidirectional converter related products have been widely used in "photovoltaic + energy storage", "wind energy + energy storage", combined thermal power frequency regulation of energy storage, energy storage from the user side, independent energy storage power stations and other fields.

Total market value: 7,100 billion RMB

The company's web site


Company profile:

Established in 2006, SolarEdge developed a DC optimized inverter solution to transform the way power is harvested and managed in photovoltaic (PV) systems. Smart inverter solution SolarEdge maximizes power generation while reducing the cost of energy produced by the PV system, to improve RoI.

Since its IPO on NASDAQ in 2015, SolarEdge continuously showed significant growth in revenue and gross profit margin. Continuing to advance smart energy, SolarEdge addresses a broad range of energy market segments through a diverse product offering, including residential, commercial and large-scale PV, storage and storage solutions. energy rooms, EV charging, home energy management, grid services and virtual power plants, inverter batteries, and uninterruptible power supply (UPS) solutions.

According to reports, electricity from residential solar installations and the accompanying deployed SolarEdge battery storage system can be aggregated and aggregated by local utility agencies to support the grid, especially is during peak electricity demand.

Additionally, including the SolarEdge residential battery energy storage system launched last October, the Energy Bank battery energy storage system will be integrated with the central inverter hardware. SolarEdge's energy center and grid-as-a-service software, building what PearlX calls a cloud-based real-time distributed energy and control management system (DER).

Building on the continued push towards smart energy, large-scale solar power systems, residential and commercial SolarEdge, energy storage and backup power solutions, electric vehicle charging, residential energy management, grid services and virtual power plants, to battery systems and uninterruptible power systems (UPS) solutions and other diverse products to meet different market needs. energy field.

SolarEdge, as sole representative of cluster + microinverter manufacturers, will ship 7.2GW inverters in 2021

Total market value: US$16.537 billion

Company website:


Company profile:

TMEIC drives global industry forward through a wide range of system solutions, including variable frequency drives, motors, photovoltaic inverters and advanced automation systems for a wide range of applications. various industrial uses.

Toshiba Mitsubishi Industrial Systems Co., Ltd. (TMEIC) was established in 2003 by integrating the industrial system parts of Toshiba Corporation and Mitsubishi Electric Corporation.

Committed to developing collaborative solutions that positively benefit industries worldwide. With a strong resource integration advantage, TMEIC strives to develop innovative technologies, respond quickly to industry trends, and apply solutions to a wide range of global industrial markets.

The success of TMEIC is closely tied to the achievements of its customers. From design concept to equipment installation, we work with our partners to build lasting relationships to ensure that challenges are addressed and even exceeded business goals.

TMEIC introduces suitable systems, provides maintenance and support to customers.

In 2021, TMEIC inverter shipments will be close to 6GW.

Registered capital: 15 billion yen

The company's web site:

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