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

Top 10 Companies in the Philippines Solar Inverter Market

As per 6Wresearch, the Philippines solar inverter market has been attaining growth in recent years, with the rising adoption of solar energy as an alternative source of electricity. This growth of the market can be attributed to the contribution of key players who have been stimulating innovation and technological advancements in solar inverters. Key players have been investing heavily in research and development to enhance the efficiency and reliability of solar inverters. They have also been focusing on developing cost-effective solutions to make solar energy more accessible for residential, commercial, and industrial sectors.

Furthermore, these players have been collaborating with government agencies and local organizations to promote the use of solar energy. For example, they have been participating in numerous campaigns and programs aimed at educating people about the advantages of solar energy and encouraging them to switch to renewable sources.

List of Leading Companies in the Philippines Solar Inverter Market

1. SMA Solar Technology AG

SMA Solar Technology AG was established in 1981 and its headquarters is situated at Niestetal, Germany. The company provides PV system technology with a presence in over 20 countries. The company has its operational network present across 20 countries and in the Philippines, SMA operates through its distributors. SMA Solar Technology AG provides string and central-type solar inverters. The company’s solar inverter product portfolio includes Sunny Boy, Sunny Tripower, Sunny Highpower and Sunny Central series solar inverter range.

2. Huawei Technologies Co., Ltd.

Huawei Technologies Co., Ltd. is headquartered in China. The company’s operational hub in Southeast Asia is present in Thailand. However, in the Philippines, the company operates mainly through its regional distributors. The company offers a range of products for solar solutions in the segments named FusionSolar and FusionHome which has Smart PV string inverters, communication, monitoring systems and tools.

3. ABB INC (Philippines)

ABB Group’s global headquarters is present in Zurich, Switzerland. The company is present in the Philippines through its country head office in Paranaque City. The ABB Group provides its products and services in about 100 countries and has businesses across different verticals such as robotics, automation and energy & storage solutions. ABB offers string and central-type solar inverters for residential, commercial, industrial and utility verticals.

4. Sungrow Power Supply Co Ltd.

Sungrow Power Supply Co., Ltd. Is headquartered in China. The company has no physical presence in the Philippines and operates mainly through its regional distributors. The company offers solar inverters in the ranges from 3kW to 6125kW of both central and string-type solar inverters. Sungrow Power provides PV inverter solutions and energy storage services such as commercial, residential and utility scale.

5. Jiangsu Goodwe Power Supply Technology Ltd.

Jiangsu Goodwe Power Supply Technology Ltd. is headquartered in China and operates in the Philippines through local distributors. The company manufactures solar inverters and specialises in residential rooftops, commercial systems, and energy storage systems. Goodwe Power Supply Technology Ltd. has a total solar power installed capacity of around 12 GW globally.

6. SolaX Power Co., Ltd.

The global headquarters of SolaX Power Co., Ltd. is located in Hangzhou, China. The company is present in the Philippines through a network of distributors. Solax Power has single-phase inverters, three-phase inverters and battery storage products in their portfolio. They also provide hybrid inverter solutions for different verticals. The company serves its products and services in various sectors including residential and commercial.

7. Schneider Electric (Philippines) Inc

Schneider Electric's global headquarters is situated in Rueil-Malmaison, France. In the Philippines, the company is presented by the name of Schneider Electric (Philippines) Inc. situated in Metro Manila, Philippines. 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.

8. 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 began its operations in the Philippines in the year 2013. The company manufactures monitoring devices, online smart service systems, solar chargers, string and central-type inverters for residential and commercial verticals. Shenzhen Growatt New Energy Technology Co., Ltd provides high-quality on-grid solutions for solar farms and power grids.

9. Zhejiang Bou New Energy Technology Co., Ltd

Zhejiang Bou New Energy Technology Co., Ltd is headquartered in China and operates through its distributors network in the Philippines. The company also provides pre-sales and after sales service in the region.  The company specializes in R&D, production and sales of PV products under the brand name of CNBOU. Zhejiang Bou New Energy Technology Co., Ltd is mainly dedicated to pure sine wave inverters having small power ratings.

10. Voltronic Power Technology Corporation

Voltronic Power Technology Corporation is headquartered in Taipei, Taiwan and its manufacturing unit is present in Shenzhen, China. The company is primarily dedicated to the manufacturing and designing of a complete line of Solar inverters and UPS systems. Voltronic Power provides off grid and hybrid type solar inverters in 2 kW, 3 kW, 5 kW and 10 kW ranges.

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