Recognition Overview

Growatt, a global leader in distributed solar and energy storage solutions, was announced on July 30, 2026 in Shenzhen, China as a Tier 1 PV inverter supplier in the S&P Global Energy Tier 1 Cleantech Companies 2026 list. The list identifies twelve Tier 1 PV inverter manufacturers worldwide and serves as a data‑driven benchmark of industry leadership.

Assessment Methodology

The S&P Global Energy assessment evaluates suppliers on market presence, market share, operational scale, global diversification, financial performance, sustainability and incorporates credit risk through S&P Global Market Intelligence’s RiskGauge™. Growatt’s inclusion reflects both its scale and its focus on reliable, efficient, and increasingly intelligent solar inverter and solar‑plus‑storage technologies across Europe, Asia‑Pacific, North America, Latin America, the Middle East and Africa.

Leadership Quote

Lisa Zhang, Vice President of Growatt, stated: “Being recognized once again as Tier 1 PV inverter supplier by S&P Global Energy is an important acknowledgement of the work our teams and partners are doing globally. As energy systems become more decentralized and intelligent, we will continue investing in technologies that make solar storage and energy management simpler and more accessible for households and businesses.”

Product Innovations in 2026

  • Residential Inverters: The MIN 2500‑6000TL‑XH2 battery‑ready inverter delivers up to 98.4 % maximum efficiency, a DC/AC ratio of up to 2.0 and allows flexible future battery expansion. The MOD 3‑15KTL3‑HU, designed for three‑phase homes, integrates backup functionality while supporting whole‑home backup and battery‑ready operation.
  • Pakistan Launch: Growatt introduced the SPM 2.5‑10KTL‑HU2 hybrid inverter series in Pakistan, featuring Smart Load control, backup capability and intelligent home energy management for markets prioritising grid independence.
  • All‑In‑One Storage Systems: At The smarter E Europe 2026 exhibition in Munich, Growatt unveiled the MINA and MODA All‑In‑One Energy Storage Systems for single‑phase and three‑phase residential use. Both platforms combine solar conversion, battery storage, backup and intelligent energy management within an integrated architecture that simplifies installation and boosts solar self‑consumption.
  • Commercial & Industrial Solution: The RISE 261H‑XH integrates a hybrid inverter, a 261 kWh battery platform, an energy management system and power distribution components into a pre‑assembled package, enabling faster deployment of C&I solar and storage projects.

Market Reach and Operations

Founded in 2011, Growatt operates in more than 190 countries and regions, maintains 63 sales and service locations across 30 markets, and connects approximately 4.2 million residential and commercial end users through its OSS platform. The company’s R&D capability is supported by nearly 1,000 professionals distributed across three major R&D centres.