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Who is the top 5 solar inverter manufacturer?

Best Solar Inverters Review: SolarEdge, Enphase, And More

While your inverter decision will ultimately be based on your unique setup, a few factors should be considered when comparing your options.

OMMO contains other products and information you need, so please check it out.

Output power

The output power of your inverter provides a sense of its size. To avoid clipping, you&#;ll want the size of your inverter(s) to align with your solar panels&#; output. 

&#;Clipping&#; occurs when your solar panels produce more power than your inverters can handle at a given time. If your inverter&#;s power output rating is lower than your solar panels&#; output, your production will be &#;clipped&#; at the inverter&#;s output, and you&#;ll lose that extra power your panels could produce.

  • For microinverters: The maximum output power should be about the size of your solar panels (typically 300-400+ Watts). 

  • For string and optimized string inverters: The maximum output should be close to the size of your solar panel system (typically about 5-10 kilowatts (kW)). 

  • If you have multiple string inverters: Make sure each inverter's output power roughly matches the total wattage of its string of solar panels. 

Efficiency

Not all the electricity generated from your solar panels makes it to your appliances. Solar panels capture direct current (DC) electricity, and inverters convert that to alternating current (AC) electricity for your home. Some thermal energy is lost in conversion, but an efficient inverter loses less energy. 

Efficiency ratings are expressed as a percentage (the higher the, the better). These days, most inverters are 96% to 99% efficient. 

Voltage performance

The minimum and maximum voltages (expressed in DC) provide a voltage level range at which your system can input solar energy from your panels to your inverter. The wider the range, the better your inverter can perform in more extreme conditions. You can calculate your inverter's voltage performance using the following calculation:

(maximum voltage &#; minimum voltage) / maximum voltage

Your voltage performance will generally range between 0.4 and 0.8, with higher numbers indicating better performance. If you have an optimized string inverter system, include the voltage range associated with the power optimizer. 

Nominal voltage is another metric for your inverter. It's pretty standardized for all home solar energy systems and represents the voltage level at which your inverter connects to your home's electric system (expressed in AC). Most inverters for home solar systems will connect at either 208 or 240 VAC.

Warranty

If you're noticing any unusual issues with your solar panel system, chances are it's the inverter. While solar panel systems are highly reliable, inverters are the most likely component to fail. So, you want to ensure that your inverter has a comprehensive warranty if anything goes wrong. 

MLPEs like microinverters or power optimizers often come with a 25-year warranty, like the solar panels they live behind. On the other hand, most string inverters come with a warranty of around 10 years. It's also important to consider other warranty factors like labor coverage and company bankability (i.e., how likely they will be around to uphold your warranty).

Top 15 Solar Inverter Manufacturers In the World

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.

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.

Top 15 Solar Inverter Manufacturers In the World

     &#; 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

1. Sungrow Power (China)

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/

2. Huawei Technologies (China)

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/

3. Ginlong Technologies (Solis) (China)

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

4. Growatt New Energy (China) 

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/

5. SMA Solar Technology AG (Germany)

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/

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6. GoodWe (China)

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/

7. Power Electronics (Spain)

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

8. Sineng Electric (China)

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/

9. SolarEdge Technologies (Israel)

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.

Main Products: String inverters, power optimizers, and monitoring platforms.

Location: Israel

Year founded:

Website: https://www.solaredge.com/

10. TMEIC (United States)

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/

11. Fimer (Italian)

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

12. SofarSolar (China)

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/

13. TBEA

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

14. Enphase Energy (United States)

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/

15. Hisen Power (China)

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).


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