Top 10 Companies in Indonesia Solar Inverter Market | Suppliers & Manufacturers 2024

Top 10 Companies in the Indonesia Solar Inverter Market

As per 6Wresearch, several leading players in this thriving market have been making substantial contributions towards the evolution of the market. One common goal of market players is to drive the country towards a sustainable future powered by renewable energy. Key players have been actively involved in the installation of solar panels and inverters across many industries, such as residential, commercial as well as industrial.

As the market continues to rise, it is anticipated that more key players will emerge, bringing with them innovative solutions and contributing to the development of renewable energy sources in the country. The presence of more key players in the market will not only profit the environment but will also create more employment opportunities and boost the economy.

List of Leading Companies in the Indonesia Solar Inverter Market

1. PT ABB Sakti Industri

PT ABB Sakti Industri operates as a subsidiary of ABB Ltd and is headquartered in Jakarta, Indonesia.  The company has businesses across various verticals including robotics, automation, energy & storage solutions, power distribution, mining, data centers, buildings & infrastructure, renewable energy, etc.  ABB solar inverter solutions include string and central solar inverters for serving markets across the residential, commercial & industrial, and utility sectors.

2. SolaX Power Co., Ltd.

SolaX Power Co., Ltd. is headquartered in Hangzhou, China. The company performs functions in Indonesia through a network of distributors. Solax Power has around 16 sales representatives and the company manufactures and sells products globally across 47 countries with a network of 200 distributors. The company’s product portfolio comprises conventional solar inverters along with hybrid solar inverters to serve various domains across the commercial and residential sector.

3. Enphase Energy Inc.

Enphase Energy Inc. is headquartered in Petaluma, California, the United States. The company operates in Indonesia through a network of distributors. Enphase Energy manufactures and sells both string and micro solar inverters. The company serves markets across various strata including the residential and commercial sectors. The product portfolio of the company includes AC modules and storage systems as well.

4. Fronius International GMBH

Fronius International Gmbh is headquartered in Pettenbach, Austria. The company operates in Indonesia through a network of distributors. Fronius provides storage solutions, software solutions, heat generation, and service solutions in the solar energy business portfolio. The company offers solar energy solutions across various domains in the residential and commercial sectors.

5. Jiangsu Goodwe Power Supply Technology Ltd.

Jiangsu Goodwe Power Supply Technology Ltd. is headquartered in China and operates in Indonesia through its local distributors.  The company manufactures solar inverters and specializes in residential rooftops, commercial systems, and energy storage systems. Goodwe Power Supply Technology Ltd. has total solar install capacity of around 12GW globally.

6. Shenzhen Growatt New Energy Technology Co. Ltd

Shenzhen Growatt New Energy Technology Co., Ltd's global headquarters is situated in Shenzhen, Guangdong Province, China. The company operates in Indonesia via a network of distributors. Shenzhen Growatt manufactures monitoring devices, online smart service systems, solar chargers, and string and central-type inverters for residential and commercial verticals. The company provides high-quality on-grid solutions for solar farms and power grids.

7. KACO New Energy GmbH

KACO New Energy GmbH is headquartered in Neckarsulm, Germany. The company operates in Indonesia through a network of distributors. KACO New Energy GmbH develops and manufactures grid-tie inverters for feeding solar energy; power supply systems for rail and industrial applications; and components for electric car power generation. The company offers photovoltaic products, such as on-grid solar inverters, off-grid inverters, accessories for PV system monitoring, software for plant monitoring; and inverters for combined heat and power plants.

8. Schneider Electric SE

The global headquarters of Schneider Electric is located in Rueil-Malmaison, France. For Indonesia, the company’s office is in Jakarta, Indonesia. The company provides manufacturing, assembly, and testing of PV power plants, central inverters, utility-scale bi-directional inverters, off-grid inverters & chargers, and off-grid distribution panels. Schneider Electric provides self-consumption with storage and backup solutions across industrial, commercial, and residential verticals.

9. SMA Solar Technology AG

SMA Solar Technology AG is headquartered in Niestetal, Germany. The company operates in Indonesia through a network of distributors. The company manufactures string and central solar inverters. String inverter products are Sunny Boy, Sunny Tripower, and Sunny Highpower, and the central inverter has Sunny Central in the company’s product portfolio. SMA serves markets including the residential, commercial, and industrial sectors.

10. Sungrow Power Supply Co., Ltd.

Sungrow Power Supply Co., Ltd. is headquartered in Hefei, China. The company operates in Indonesia through a network of distributors. The company provides solutions including PV inverter systems, hybrid systems, grid-connected inverters, floating systems, PV power plants and monitoring solutions. Sungrow offers both string solar inverters and central solar inverters. The company offers solutions for all residential, commercial and industrial sectors.

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