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Spain has an annual sunshine duration of 2500-3000 hours (among the top five in the world), and the radiation intensity in the southern Andalusia region reaches 2200 kWh/m ²/year, far exceeding Germany's (1200 kWh/m ²/year).
The Spanish government has increased its support for renewable energy in recent years, especially with a policy tilt towards distributed photovoltaic power generation systems. For example, the Spanish government has introduced multiple incentive measures, including tax incentives and subsidy policies, to encourage households and businesses to install photovoltaic power generation systems. These policies provide strong support for the development of the inverter market.
In this article, the top 10 solar inverter companies in Spain in 2025 will be introduced, from basic information to latest news about these companies.
Top 10 solar inverter companies in Spain
The solar inverter market in Spain is in a rapid development stage, mainly driven by renewable energy policies and the growing demand for distributed photovoltaic power generation systems.
The following is the list of the top 10 solar inverter companies in Spain in 2025, for you to know better about the solar inverter market in Spain.
|
Ranking |
Company |
|
1 |
Power Electronics |
|
2 |
Enphase |
|
3 |
Ingeteam |
|
4 |
Deye |
|
5 |
Soltec |
|
6 |
Solargiga |
|
7 |
SMA |
|
8 |
Fronius |
|
9 |
ABB |
|
10 |
Schneider Electric |
Power Electronics
| Company website | https://www.power-electronics.com/en |
| Founded | 1980s |
| Company headquarter | Spain |
Company overview
Power Electronics, one of the top 10 solar inverter companies in Spain is also a leading global company specialized in the design, development, and manufacturing of advanced power semiconductor solutions and systems. Power Electronics the company is a leader in the field of communication motor control in Spain, with over 20 years of experience in developing soft starters and frequency converters.
Main products
Photovoltaic inverters cover household, commercial, and large-scale power plant inverters, energy storage inverters (PCSK), and electric vehicle chargers.
Company updates
Power Electronics stated in its 2024-2027 strategic plan that it plans to invest 300 million euros (328 million US dollars) to expand its inverter production capacity in Spain and the United States.
Enphase
| Company website | https://enphase.com/ |
| Founded | in 2006 |
| Company headquarter | California, USA |
Company overview
One of the top 10 solar inverter companies in Spain, At the same time, it is also a leading global micro inverter enterprise, focusing on the business of photovoltaic micro inverters.
Main products
Micro inverters, energy storage systems, energy management software, electric vehicle charging solutions, other accessories, etc.
Company updates
On February 4, 2025, American micro reverse giant Enphase announced its financial performance for the fourth quarter of 2024. The company has experienced a significant decline in revenue over the past 12 months, achieving a total revenue of $1.33 billion for the year, a year-on-year decrease of approximately 41.95%; Net income decreased from $438.9 million last year to $102.7 million, a year-on-year decline of approximately 76.54%.
Ingeteam
| Company website | https://www.ingeteam.com/ |
| Founded | in 1972 |
| Company headquarter | Spain |
Company overview
Ingeteam focuses on the independent research and production of all core products in electric energy conversion technology, with subsidiaries or manufacturing factories established in 24 major countries worldwide. Ingeteam provides complete industry solutions for major industrial industries, ranging from various electronic and electrical products. Including business areas such as wind power, solar energy, energy storage, hydropower, power transmission, steel, metallurgy, mining, etc.
Main products
Generator, electric motor, frequency converter, automation and control products, systems and services.
Company updates
In 2025, electrolytic cell manufacturer Electric Hydrogen has chosen Ingeteam to provide power conversion systems for its project.
Deye
| Company website | http://www.deye.com.cn/en/ |
| Founded | in 2000 |
| Company headquarter | Zhejiang Province, China |
Company overview
Deye is a global new energy technology enterprise that integrates research and development, design, production, sales, and service. At present, it has a full range of photovoltaic inverters, energy storage battery packs, and three core industrial chains of environmental appliances represented by dehumidifiers and HVAC products. After years of development, we have completed a historical transformation from a small enterprise to a large technology company, from a single industry to a diversified industrial chain, and from traditional industries to an independent technological innovation industry pattern.
Main products
Deye has a comprehensive coverage of energy storage, string, and micro inverter product matrices, making household energy storage inverters one of the company's highly competitive products.
Company updates
On December 17, 2024, Deye announced that it will invest $150 million to establish a Malaysia branch.
Soltec
| Company website | https://soltec.com/en/ |
| Founded | in 2004 |
| Company headquarter | Murcia, Spain |
Company overview
Soltec is one of the top 10 solar inverter companies in Spain, specializing in the manufacturing, project development, and related services of tracking bracket systems in the field of solar photovoltaics.
Main products
Soltec's main products include photovoltaic brackets, optical tracking systems, etc.
Company updates
As of June 2024, Soltec has supplied 18.7 gigawatts (GW) of solar tracking systems to over 400 projects in 17 countries worldwide.
Solargiga
| Company website | https://www.solargiga.com/ |
| Founded | in 2000 |
| Company headquarter | Liaoning Province, China |
Company overview
Solargiga is a national key high-tech enterprise specializing in new energy power equipment such as solar energy, wind energy, energy storage, hydrogen energy, and electric vehicles. Solargiga's photovoltaic inverters have ranked first in global shipments for 7 consecutive years, and its energy storage systems are also among the top three in terms of global shipments. The cumulative development of photovoltaic power plants has exceeded 300GW.
Main products
The main products include photovoltaic inverters, wind energy conversion systems like wind energy converters, energy storage systems, new energy vehicle drive systems, surface photovoltaic equipment, renewable energy hydrogen production systems, and smart energy operation and maintenance services.
Company updates
In November 2024, Solargiga signed a 4.4 gigawatt hour cooperation agreement with British energy storage company Fidra Energy to build two benchmark independent energy storage stations in the UK, which will become the largest energy storage station in Europe currently.
SMA
| Company website | https://www.sma-america.com/ |
| Founded | in 1981 |
| Company headquarter | Niestetal，Germany |
Company overview
SMA is one of the top 10 solar inverters companies in Spain. Our products are widely used worldwide and have established branches in 14 countries across four continents, including the United States, China, Italy, Spain, South Korea, France, Australia, Portugal, the Middle East, Canada, and India. After 29 years of innovative development, SMA has over 5500 employees.
Main products
SMA is mainly engaged in the research and development, production, and sales of solar inverters and monitoring systems, covering various fields such as household, industrial and commercial, and large-scale ground projects.
Company updates
In 2025, SMA announced its 2024 financial report, achieving a revenue of 1.53 billion euros (1.65 billion US dollars) for the year, a year-on-year decrease of 19.7%. Its pre tax, depreciation, and amortization profit changed from 311 million euros in 2023 to a loss of 16 million euros, transitioning from profit to loss.
Fronius
| Company website | https://www.fronius.com/en-gb/uk |
| Founded | in 1945 |
| Company headquarter | Austria |
Company overview
Fronius is a leading enterprise in the world welding industry and one of the top 10 solar inverters companies in Spain. Since its establishment, it has been leading the development of world welding, solar energy, and battery charging technologies with innovative products and leading technology, and is a leading equipment manufacturer and solution provider.
Main products
Fronius has established a complete R&D and production system, and has launched multiple benchmark products in the field of renewable energy. For example, GEN24 series inverters.
Company updates
In 2025, Fronius announced the launch of its first battery energy storage system with 15.8 kWh residential solar cells.
ABB
| Company website | https://global.abb/ |
| Founded | in 1988 |
| Company headquarter | Zurich, Switzerland |
Company overview
ABB is a technology leader in the field of electrical and automation, committed to empowering a more sustainable and efficient future. ABB integrates engineering experience and software technology into solutions to optimize manufacturing, transportation, energy, and operations. Adhering to over 140 years of outstanding history, ABB's approximately 105000 employees worldwide are dedicated to driving innovation and accelerating industrial transformation.
Main products
ABB's global business is divided into the Electrical Division, Process Automation Division, Motion Control Division, and Robotics and Discrete Automation Division. The Electrical Division includes products such as electric vehicle infrastructure, photovoltaic inverters, modular substations, and distribution automation.
Company updates
In December 2024, ABB announced that it had signed an agreement to acquire the power electronics business from Siemens Gamesa. It is understood that ABB is acquiring products including wind energy converters, industrial battery energy storage systems (BESS), and utility scale solar inverters.
Schneider Electric
| Company website | https://www.se.com/us/en/ |
| Founded | in 1836 |
| Company headquarter | Rueil,France |
Company overview
Schneider Electric is an electrical company that provides digital solutions for energy and automation, integrating energy technology, automation technology, software, and services into a comprehensive solution to serve the home, building, data center, infrastructure, and industrial markets. Schneider Electric has 150000 employees and over 1 million partners, with operations in more than 100 countries.
Main products
Schneider Electric's business covers renewable energy, infrastructure and energy, industrial automation, smart living spaces, building management systems, and distribution product equipment.
Company updates
Schneider Electric announced its financial performance report, which showed that its revenue for the 2024 fiscal year reached 38 billion euros (approximately 289.1 billion yuan), a year-on-year increase of 8%, setting a new historical high.
Conclusion
The Spanish inverter market has broad prospects, driven mainly by policy support, technological progress, and environmental protection needs. Despite facing challenges such as high costs and fierce competition, the market is expected to continue expanding with the development of intelligence and energy storage integration.
Besides the top 10 solar inverter companies in Spain, there are other photovoltaic manufacturing companies in Spain, such as Grenergy Renovables. The existence of these enterprises has enabled Spain to occupy an important position in the field of photovoltaic manufacturing, promoting the development of renewable energy in the country.
Related articles: Top 10 solar inverter manufacturers in 2025, Top 10 PV tracking system brands in the world, Top 6 solar charge controller manufacturers