Growatt New Energy Technology Co., Ltd. — Cyborg Score 8/10
Strong
Solar Energy
Strategic Profile
Growatt is the leading residential inverter supplier globally and the third largest residential battery supplier in the US. In October 2025, the company was recognized as a Tier 1 PV inverter supplier by S&P Global Commodity Insights, reinforcing its position as a global leader in solar energy.
Cyborg Score Rationale
Growatt is the leading residential inverter supplier globally with significant market share in US residential battery storage. The company earned its eighth consecutive EUPD Research Top Brand PV Award in September 2025. Recent product innovations and Tier 1 supplier status support sustained competitiveness.
Top Insights
Growatt claims the #1 spot for residential inverter shipment volume in 2021, 2022, 2024, and potentially 2025.
Growatt presents integrated solar+storage+smart energy management solutions targeting residential, commercial, and industrial segments.
Product roadmap includes larger hybrid inverters (12–18kW), MIN Hybrid parallel configurations supporting up to 45.6kW, and commercial WIT systems up to 100kW.
Upcoming commercial solutions include 261kWh battery capacity per inverter and Virtual Power Plant (VPP) services for additional customer revenue.
Named Competitors
Tesla Energy — Energy storage and battery systems
SolarEdge — Power optimizers, inverters, and energy storage
Enphase Energy — Microinverters and home battery systems
LG Chem — Battery storage and energy management systems
Sonnen — Residential energy storage systems
Recent Developments
(June 2026) Exhibited at SNEC 2026 in Shanghai showcasing AURA 5000 Balcony Storage, MINA All-In-One System, APX 2.0 HV Battery, and RISE 261H-XH for commercial applications
(October 2025) Recognized as Tier 1 PV inverter supplier by S&P Global Commodity Insights
(September 2025) Awarded EUPD Research Top Brand PV Award for eighth consecutive year
(May 2024) Introduced NEO 800M-X Microinverter and NOAH 2000 Battery Balcony Solar Solution
Open the full interactive Growatt New Energy Technology Co., Ltd. report
Strategic research, analyst-debate audio, full Cyborg Score breakdown across 11 dimensions, and saved-company audio playlists.