Growatt New Energy Technology Co., Ltd. Overview
Pro stress-test →Growatt manufactures and distributes solar products, producing on-grid photovoltaic inverters, energy storage devices, electric vehicle chargers, and smart energy management devices. The company operates with a strong presence in over 180 countries and millions of connected users.
Strategic Profile
Pro stress-test →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.
Competitive Landscape
Pro stress-test →Growatt competes with established brands including Tesla, LG, Sonnen, SolarEdge, and Enphase in hybrid storage systems. The company maintains competitive advantage through high-voltage battery design, pricing, and expanded commercial/industrial product offerings in the growing distributed energy storage market.
Industry Context
Growatt New Energy Technology Co., Ltd. operates in Solar PV inverters and battery energy storage systems.
Key facts
Founded: 2010 · Headquarters: Shenzhen, China