钢绞线 Ranking of Core Competitiveness of Key Photovoltaic Inverter Enterprises in China in 2025_搜狐网

According to China Business Intelligence Network钢绞线, the current photovoltaic inverter industry is characterized by "dual-track technology differentiation and multi-dimensional market penetration": leading enterprises rely on full-scenario solutions (photovoltaic and energy storage integration/AI scheduling) and grid-forming technology to dominate the high-end market; midstream manufacturers focus on regional policy dividends (European and American certifications/emerging markets) and deep cultivation in vertical scenarios (residential/commercial and industrial) to build differentiated barriers; emerging forces activate demand in lower-tier markets through cost control and low-price strategies. The core challenge lies in balancing the squeeze from price wars and the return on R&D investment. Future competition will accelerate towards upgrading in the dimensions of grid-forming capability compatibility and global certification barriers (UL/TÜV).

Ranking of Core Competitiveness of Key Chinese Photovoltaic Inverter Enterprises in 2025

Rank Company Abbreviation Core Competitiveness Analysis

1. Huawei Digital Energy: Leading globally in photovoltaic and energy storage integration systems and AI scheduling technology, offering comprehensive solutions across all scenarios. Its intelligent string inverters are adaptable to complex grid environments, with a continuously increasing penetration rate in high-end overseas markets

2 Sungrow Power Supply First to launch 400kW+ string inverter and split modular inverter 1+X 2.0 globally, PowerTitan3.0 energy storage platform boasts the world's highest single cabinet capacity of 12.5MWh, grid-forming technology enhances grid security, and the gross profit margin of energy storage business stands at 36.7

3. Jinlang Technology: Achieved full overseas certification for household inverters, leading response speed in the European market, increased proportion of high-margin energy storage business, and accelerated implementation of virtual power plant (VPP) solutions

4 GoodWe Energy Technology Co., Ltd. has undergone rapid technological iteration in energy storage inverters, with overseas revenue accounting for over 60 of its total. It has penetrated into high-premium market channels, but faces challenges related to profit efficiency and dependence on tax rebates

5. Shangneng Electric: Leading in binding large central government and state-owned enterprise projects, with centralized inverters suitable for desert photovoltaic scenarios, driven by the demand for ultra-high voltage supporting facilities钢绞线, resulting in order growth, and ranking among the top three in the industry in terms of bidding scale

6. Growatt: With significant patent barriers in micro-inverters, it leads the market share in Europe and the United States. As a beneficiary of the US anti-circumvention policy dividend, it boasts mature customized solutions for household scenarios

7 Zhuzhou Converter Technology: Specializes in high-power inverters for rail transit technology migration. Ranked second in the bidding scale among central enterprises, with outstanding SCR high adaptability and grid compatibility, and deep penetration in heavy industry scenarios

8 TBEA has a significant cost advantage in the full-chain EPC of wind, solar, and energy storage projects. It has abundant resources for photovoltaic projects in Central Asia and Africa. Its centralized inverters are suitable for off-grid scenarios, and its system integration gross profit margin exceeds the industry average

9. Hemaijia shares: The micro-inverter has the best cost-performance ratio globally, with a gross profit margin exceeding 50. Its component-level shutdown technology aligns with new safety regulations in Europe and the United States, and the dividend from mandatory policies for distributed photovoltaics is significant

10 Kehua Data: Its liquid-cooled inverter technology reduces energy consumption by 30. It has rich experience in military micro-grid and offshore island off-grid projects. Its high-end power technology is migrated to energy storage PCS,预应力钢绞线 and its reliability has been certified by the military

11. Shouhang New Energy: Accelerating market share increase through flattened channels in Europe, leading layout in emerging markets in South America and the Middle East, and seizing incremental share through low-price strategy for industrial and commercial energy storage

12 CHINT Power Supply CHINT Group's channel collaboration empowers industrial and commercial projects, with a mature peak-valley price difference arbitrage model. Its string inverters are suitable for distributed scenarios, and its domestic bidding success rate ranks among the top ten

13 Deye Corporation: A beneficiary of the booming off-grid energy storage demand in Southeast Asia, with outstanding supply chain cost control capabilities and the highest market coverage rate in portable energy storage products in lower-tier markets

14 Kstar Data Center UPS technology migration energy storage integrated machine, liquid cooling heat management patent reduces operation and maintenance costs, and photovoltaic, energy storage, and charging integrated solution covers rural markets

15 Airu Energy: Self-developed Energy Management System (EMS) enhances user loyalty, with a participation rate of over 40 in European household VPPs, and builds differentiated barriers in the household energy storage software ecosystem

16 CRRC Times Electric has outstanding self-research capabilities in high-power devices, leading technology in supporting inverter equipment for wind, solar, and storage bases, and reliable verification endorsement in rail transit scenarios

17 Shenghong Shares: Modular PCS adapts to photovoltaic, energy storage, and charging super power stations, accelerates overseas certification, and flexible expansion technology meets customized needs of industrial and commercial sectors

18. Youneng Technology: Its full range of micro-inverter products are certified by UL in the United States, with patent barriers blocking low-price competition. The mandatory shut-off policy for household use drives demand

19 Inovance Technology: With automotive-grade manufacturing capabilities, it has advanced technical reserves in energy storage PCS and V2G (Vehicle-to-Grid) technology, and its industrial inverter technology reuse enhances conversion efficiency

20 SOJO Electric: Ranked sixth in the bidding scale of central enterprises钢绞线, its intelligent ring main unit technology is well-coordinated with distribution scenarios, and the integration of secondary equipment reduces the operation and maintenance costs of photovoltaic power generation