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The demand for energy storage is growing rapidly. In 2022, the world will usher in a new stage of household energy storage explosion, and the penetration rate has room to increase tenfold. With the rapid growth of home energy storage, energy storage inverters are an important link in the industrial chain, and major manufacturers have also poured into the track.
Energy storage inverters can be classified in a variety of ways. For example, according to application scenarios, they can be divided into: home energy storage inverters, industrial and commercial energy storage inverters, and large ground energy storage inverters. Home energy storage inverters companies benefit from the accumulation of brands and channels in the photovoltaic inverter industry, and can quickly spread out. This article sorts out top 10 home energy storage inverter companies in China, ranked in no particular order.
Top 10 home energy storage inverter companies in China list
① GOODWE
GOODWE was established in 2010. Since 2011, it has accelerated the R&D and promotion of string photovoltaic grid-connected inverters in the low and medium power range. Since 2012, it has taken the lead in deploying home energy storage inverters to seize market opportunities. At the beginning of its establishment, GOODWE focused on the R&D, production and sales of basic array products. Launched SS series 1kW-5kW household single-phase single-circuit grid-connected inverters for household use, DS series 3kW-5kW household single-phase dual-circuit grid-connected inverters and other products. It is one of the home energy storage battery companies in China.
Nowadays, GOODWE in top 10 home energy storage inverter companies in China has ET series, ESA series, ES series, EM series and other household energy storage inverters in the field of energy storage, as well as industrial and commercial energy storage products such as ETC series and BTC series. In recent years, new products have been launched one after another, and multi-scenario household, industrial and commercial energy storage solutions have been developed, becoming a leading companies in home energy storage inverters companies in China.
GOODWE's new ET series three-phase high-voltage energy storage inverter supports multi-machine parallel connection, which is not only suitable for family residences, but also widely used in industry and commerce. Through the peak shaving and valley filling of electric energy, the electricity bill can be reduced, and the energy can be highly autonomously dispatched.
Total market value: 37.453 billion RMB
Company website: http://www.goodwe.com
② GINLONG
GINLONG was founded in 2005. Based on the new energy industry, GINLONG is a high-tech enterprise specializing in the R&D, production, sales and service of string inverters, the core equipment of photovoltaic power generation systems. After more than ten years of development, it was successfully listed on the Shenzhen Stock Exchange on March 19, 2019. It is the first A-share listed company with string inverters as its largest main business. It is also the first inverter company in the world to obtain the reliability test report from PVEL, a third-party authoritative organization and it is one of the top 10 home energy storage inverter companies in China.
GINLONG's GCI-3P(5-25)K-5G-PLUS three-phase string inverter is a new generation of GINLONG 5G series models, designed for residential photovoltaics and small industrial and commercial applications. G6-GR1P(2.5-6)K series is an inverter designed for residential photovoltaics. The maximum single-string input current is 14A, which is fully compatible with high-efficiency modules and double-sided modules. It is small in size, light in weight, easy to install, and its protection level is also enhanced to IP66. It integrates AFCI DC arc fault protection function to actively reduce the risk of fire.
Total market value: 94.252 billion RMB
Company website: http://www.ginlong.com
③ SUNGROW
SUNGROW is a national key high-tech companies in China focusing on the R&D, production, sales and service of solar energy, wind energy, energy storage, hydrogen energy, electric vehicles and other new energy power supply equipment. In the context of the rapid growth of the global new energy market, SUNGROW has seized the opportunity to deeply cultivate the global market, and its global brand influence has continued to increase.
The leading position in the market of core businesses such as photovoltaic inverters, energy storage systems, and wind power converters has been further strengthened, and shipments and revenue have increased significantly year-on-year.
Total market value: 179.129 billion RMB
Company website: http://www.sungrowpower.com
④ SINENG
SINENG is a national high-tech company in China focusing on R&D, manufacturing and sales of power electronic products. The business covers photovoltaic inverters, energy storage systems, power quality management, power station development and other fields. It is committed to continuously promoting the world to build a cleaner, safer and better future with the world's leading green technology solutions.
In the field of energy storage, SINENG, as one of the top 10 home energy storage inverter companies in China, provides all-scenario energy storage system solutions. A full series of 1000V/1500V energy storage inverters and system integration products with centralized and string-type multiple technical routes are oriented to multi-scenario applications such as power generation side, grid side, user side, and micro-grid.
Total market value: 13.372 billion RMB
Company website: http://www.si-neng.com/
⑤ DEYE
DEYE is a large-scale manufacturing technology enterprise integrating R&D, design, production, sales and service. At present, it has three major sectors: inverter business, environmental electrical appliance business represented by dehumidifiers, and heat exchanger business. The company has complete photovoltaic inverter solutions, including residential and commercial power station solutions.
Among the top 10 home energy storage inverter companies in China, DEYE provides solar energy storage system solutions. Products include: string grid-connected inverter 1.5KW-110KW, energy storage inverter 3KW-12KW, micro grid-connected inverter 300W-2000W. So far, DEYE inverter products have been sold in more than 40 countries around the world.
Total market value: 99.635 billion RMB
Company website: http://www.deye.com.cn
⑥ GROWATT
Founded in 2011, GROWATT focuses on sustainable energy generation, storage, consumption and energy digitization. GROWATT designs, develops, and manufactures photovoltaic inverters, energy storage systems, and smart energy management systems, and provides high-quality full-scenario distributed energy solutions for global households, industrial and commercial users.
As one of the top 10 home energy storage inverter companies in China, GROWATT's products are mainly positioned in the household field, and the technical route is mainly string inverters. GROWATT has surpassed Huawei and SUNGROW in the global household photovoltaic inverter market, with a market share of 19.9%, making it the world's largest household photovoltaic inverter supplier and it is one of the top 10 home energy storage inverter companies in China.
Registered capital: 51.949 million RMB
Company website: http://www.growatt.com
⑦ APsystems
APsystems was established on March 24, 2010. APsystems focuses on the R&D and industrialization of component-level power electronics. APsystems has branches and subsidiaries in China, the United States, Australia, France, the Netherlands, Mexico and other major international photovoltaic application markets, forming a global sales and service network. Provide customers with a series of MLPE products and distributed photovoltaic application solutions, including micro-inverters, module-level disconnectors, EMA databases and operation and maintenance platforms, energy storage systems, etc.
A series of smart energy storage inverters launched by APsystems. APsystems is a company in top 10 home energy storage inverter companies in China. This series of products is compatible with low-voltage batteries and is an ideal solution for AC-coupled household photovoltaic energy storage systems. It is small in size, light in weight, flexible and convenient to install. It can be used as a household backup power supply.
Through the effective use of photovoltaic power and the conversion of peak and valley electric energy, it is convenient and reasonable to allocate power consumption, and greatly reduce electricity expenses while ensuring power consumption. With the EMA intelligent operation and maintenance system, users can also manage household energy through the cloud platform, effectively improving energy utilization.
Total market value: 36.72 billion RMB
Company website: https://www.apsystems.cn/
⑧ SOFAR
SOFAR is a world-leading provider of photovoltaic and energy storage solutions, committed to becoming a leader in digital energy solutions, providing innovative technology and system solutions for global households, industries, and large-scale ground power stations. It is one of the top 10 home energy storage inverter companies in China.
SOFAR core products cover 1-255kW photovoltaic inverters, 3-20kW energy storage inverters, energy storage batteries, data center energy systems and digital energy systems. In 2021, the cumulative global shipments of photovoltaic and energy storage inverters will exceed 1 million units, and the products will be sold in batches to more than 90 countries and regions around the world.
Registered capital: 371.134021 million RMB
Company website: http://www.sofarsolar.com
⑨ SolaX Power
SolaX Power was established in 2012. The company has long been focusing on the R&D, production and sales of new energy power supply equipment such as household photovoltaic inverters and household energy storage equipment, and is committed to providing home users with overall solutions such as smart energy management. SolaX Power in top 10 home energy storage inverter companies in China has core products such as grid-connected inverters, energy storage inverters, energy storage batteries, and photovoltaic energy storage systems.
SolaX Power is an important manufacturer of grid-connected inverters in China. Photovoltaic inverter products under the brand of "SolaXPower" are exported to 47 countries and have accumulated more than 100 industry customers. These "SolaX Power" brand inverters and other products have been successfully used in many households around the world. The completion of these iconic projects has achieved good performance and brand effect.
Registered capital: 120 million RMB
Company website: http://www.solaxpower.com.cn/
⑩ KSTAR
KSTAR was established in 1993. KSTAR has been deeply involved in data centers, photovoltaic new energy, electric vehicle charging, energy storage and other fields. With 29 years of ingenious operation, KSTAR has become an industry-leading all-round solution provider.
KSTAR's independent research and development and production of key infrastructure products for data centers, new energy photovoltaic power generation system products, energy storage system products, and electric vehicle charging products are at the leading level in the industry, and integrated solutions are widely used in various industries.
Total market value: 21.917 billion RMB
Company website: http://www.kstar.com
Tycorun also offers a variety of inverters designed to meet different needs and applications with a lower price. Their product lineup typically includes: power inverter 3000w, 2000w pure sine wave inverter, power inverter 1000w, 500 watt inverter.
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