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 Energy.
Key facts
Founded: 2010 · Headquarters: Shenzhen, China