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Home / News / Growatt inverters receive certifications from S&P Global 

Growatt inverters receive certifications from S&P Global 

Company ranked No. 1 residential inverter supplier in Asia Pacific
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  • Photo by Mateus Badra Mateus Badra
  • August 30, 2024, at 10:23 PM
3 min 9 sec read
Growatt inverters receive certifications from S&P Global
Inverter for C&I applications. Photo: Growatt/Reproduction

A Growatt announced that it received ratings, from the report PV Inverter Market Tracker from S&P Global Commodity Insights, which highlight the company's commitment to innovation, quality and customer satisfaction in the renewable energy sector.

Certifications include, for example: supplier #1 de residential inverters na Asia-Pacific; Top 2 Global Suppliers de residential inverters; Top 5 Global Suppliers de commercial and industrial inverters; is Global Top 4 Supplier de three-phase inverters de low power.

“We are excited to maintain our position as a global leader in the solar inverter market,” said Lisa Zhang, Vice President of Growatt New Energy. “These ratings reflect our dedication to providing reliable, efficient and intelligent solutions to residential, commercial and industrial customers around the world.”

According to the company, the R&D (Research and Development) team, made up of more than 1.100 engineers, is committed to pushing the boundaries of technology to meet the growing demands of the global energy market. 

The continuous innovation strategy involves advanced research, collaborative development, customer-centric design, a focus on sustainability, rigorous quality assurance and exploration of emerging technologies to ensure that products remain at the forefront of technological advancements.

Global presence, local support and manufacturing

The company’s international network comprises 42 representative offices and warehouses strategically located around the world. According to Growatt, this widespread presence allows it to provide localized support and services in more than 180 countries and regions.

As for the state-of-the-art facilities in Huizhou, China, they cover 200 square meters and have an annual capacity of 3,1 million inverters and 400 batteries. 

In addition, the factory in Haiphong, Vietnam, produces PV inverters, storage inverters and storage batteries, with plans to expand to an annual production capacity of 500 units of inverters and 100 units of batteries. 

Awards received

The manufacturer also highlighted that its inverters have won the TÜV Rheinland 'All Quality Matters' award for residential and commercial lines. Most recently, at SNEC Shanghai 2024, the company was honored with the EUPD Research Top Brand PV 2024 awards, receiving recognition in the energy storage sector for South Africa and in the inverter sector for Poland. 

Adaptability to the market

Another point emphasized by the company is the ability to quickly adapt to changes in market dynamics and the diverse needs of customers – serving everything from residential to large-scale applications.

The company's achievements are reinforced, for example, by its first position in the Asia-Pacific region and its position among the top 2 in the Americas in the supply of residential inverters. 

In the C&I (commercial and industrial) sector, Growatt’s inverter solutions contributed to its global Top 5 ranking – offering high yields and reduced maintenance costs for investors, according to the manufacturer. 

“We look forward to further expanding our market presence and continuing to drive innovation in the solar energy industry. Looking ahead, we foresee a future where PV inverters will become an indispensable household ‘appliance’ as solar energy becomes more affordable,” said Growatt’s vice president.

“Our team is constantly working closely with our partners around the world to enable customers to have clear and convenient access to clean energy. Together, we can make a significant difference in creating a sustainable future,” concluded Liza.

all the content of Canal Solar is protected by copyright law, and partial or total reproduction of this site in any medium is expressly prohibited. If you are interested in collaborating or reusing part of our material, please contact us by email: redacao@canalsolar.com.br.

Photo by Mateus Badra
Mateus Badra
Journalist graduated from PUC-Campinas. He worked as a producer, reporter and presenter on TV Bandeirantes and Metro Jornal. He has been following the Brazilian electricity sector since 2020.
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