Growatt Ranked Global Top 3 for Hybrid Inverter Shipments in 2025

The global solar market is moving rapidly from conventional grid-connected PV towards integrated solar-plus-storage systems, and hybrid inverters are becoming one of the most important components in that transition.

Growatt has now announced another significant milestone: according to the company, the latest 2025 Global Hybrid Energy Storage Inverter Shipment Ranking from S&P Global Commodity Insights places Growatt among the world’s Top 3 hybrid inverter suppliers by shipment volume.

For professional solar installers, EPC companies and distributors, this is particularly relevant because hybrid inverter shipment volumes reflect something broader than the popularity of a single product. They indicate how quickly complete PV and energy storage architectures are being adopted across residential and commercial markets.

Growatt’s position also comes after more than a decade of investment in solar-plus-storage technology, with the company now offering solutions ranging from compact residential hybrid systems to higher-power commercial energy storage platforms.

Hybrid Inverters Are Becoming the Centre of Modern Solar Systems

For many years, the solar inverter had one primary job: convert DC electricity produced by solar panels into AC electricity for use in the building or export to the grid.

A modern hybrid inverter has a considerably wider role.

It may simultaneously manage the PV array, solar battery, household or commercial loads, grid import and export, backup power and external energy-management signals.

This is one reason hybrid inverter demand has expanded so quickly. S&P Global has previously identified growing sales of hybrid inverters as a major market trend, particularly for rooftop PV, because customers increasingly value the flexibility to install storage immediately or add a battery later.

For installers, that changes how a new napelemes rendszer is designed.

Even when a customer does not initially purchase a battery, choosing a suitable battery-ready or hybrid inverter can preserve the possibility of adding energy storage later without replacing the core inverter.

Growatt Reaches the Global Top 3

Growatt announced on 14 August 2026 that it had been ranked among the Global Top 3 Hybrid Inverter Suppliers based on 2025 shipment volume in a ranking produced by S&P Global Commodity Insights.

The exact shipment ranking itself is referenced in Growatt’s announcement; the publicly accessible S&P material we found separately confirms Growatt as an S&P Global Tier 1 PV inverter supplier in both the 2025 and 2026 Tier 1 classifications.

That distinction is worth making. The Top 3 claim relates specifically to the hybrid inverter shipment ranking cited by Growatt, while S&P’s publicly available Tier 1 classification independently confirms Growatt’s broader position among recognised global PV inverter manufacturers.

For professional buyers, these are different indicators, but both point to substantial international market presence.

From Residential Solar to Complete Energy Storage

Growatt attributes its hybrid inverter growth partly to the breadth of its solar-plus-storage portfolio.

For residential applications, the company highlights several current product families.

The MINA All-in-One ESS integrates inverter and battery functions into a streamlined single-phase residential solution.

The MODA All-in-One ESS extends that approach to three-phase residential energy storage.

Growatt also lists its SPM and SPE Series as flexible hybrid platforms for different residential solar-plus-storage configurations, while the WIT Series addresses higher-power residential and commercial storage applications.

This portfolio structure matters for installers because there is no single ideal hybrid inverter size or architecture for every project.

A small home with moderate evening consumption has very different requirements from a large three-phase property with heat pumps and EV charging. A commercial customer may need substantially more power, larger battery capacity and more sophisticated energy management.

The ability to stay within one manufacturer ecosystem across several application classes can simplify training, commissioning and procurement.

Why Battery Compatibility Matters

Hybrid inverter sales and battery sales are closely connected, but choosing the inverter alone does not create a complete energy storage system.

The solar battery must operate within the inverter’s permitted voltage, current and communication parameters. The battery management system must also communicate correctly with the inverter.

This is why compatibility lists and official system configurations are particularly important when specifying Growatt energy storage.

For installers, the correct question is not simply:

“Is this a Growatt inverter?”

It is:

“Which exact battery configuration is approved for this exact inverter model?”

This becomes even more important as Growatt continues to expand its battery portfolio alongside its hybrid inverters.

For a solar wholesaler or B2B solar webshop, complete inverter-and-battery configuration therefore becomes more valuable than selling isolated components.

More Customers Want Energy Independence – But Also Flexibility

Growatt describes greater energy independence, increased solar self-consumption and backup capability as important benefits behind its residential solar-plus-storage portfolio. Growatt

In practical terms, battery storage changes when locally generated solar electricity can be used.

Without storage, surplus midday production may be exported while electricity is imported again later in the evening.

A battery allows some of that production to be shifted.

But hybrid inverters increasingly provide another form of value: future flexibility.

A customer may initially install only solar panels and an inverter. Later, electricity tariffs may change, EV charging may increase demand, or battery prices may fall.

If the original inverter was selected with energy storage in mind, adding a solar battery can be significantly easier.

S&P Global has specifically identified this possibility of adding batteries later as one factor supporting hybrid inverter adoption.

Commercial Hybrid Energy Storage Is Growing Too

Hybrid technology is no longer limited to residential systems.

Growatt states that it is continuing to expand its commercial and industrial portfolio with higher-power hybrid inverters, C&I energy storage solutions and intelligent energy-management platforms.

The commercial use case can be very different from the residential one.

A homeowner may primarily want to increase self-consumption and maintain essential backup loads.

A business may use battery storage to manage peak demand, support EV charging, shift energy between tariff periods or reduce the impact of limited grid capacity.

For these projects, inverter power can be as important as battery capacity.

A large battery with insufficient discharge capability may not cover a short commercial peak, while an oversized power conversion system may add cost without creating additional value.

Professional C&I projects therefore require analysis of both kWh and kW, together with actual load-profile data.

Smart Energy Management Is Becoming Part of the Product

Growatt’s announcement also highlights its increasing investment in intelligent energy management.

The company says its ecosystem now includes AI-powered energy-management tools, smart monitoring and system optimisation technologies designed to coordinate solar production, energy storage and electricity consumption.

This represents another major shift in the inverter market.

Historically, manufacturers competed primarily on hardware specifications such as maximum efficiency, MPPT range, DC input current and output power.

Those specifications remain essential.

But when batteries, EV chargers, variable electricity tariffs and controllable loads are added, software begins to determine how effectively those hardware assets are used.

The hybrid inverter increasingly becomes both a power-conversion device and the central controller of the building’s energy system.

Growatt Entered Energy Storage More Than a Decade Ago

Growatt says its work in energy storage began in 2015, when the company identified the growing potential of integrating residential solar PV with battery storage.

Since then, the product portfolio has expanded beyond traditional PV inverters into batteries, all-in-one storage solutions, EV chargers and smart energy management.

That long-term development is important because energy storage requires a different level of integration than conventional grid-connected PV.

The inverter must not only operate reliably with the grid but continuously communicate with the battery management system, determine charging and discharging behaviour and potentially maintain backup reserves.

This is one reason established inverter manufacturers have increasingly built complete energy ecosystems rather than relying exclusively on third-party battery integration.

S&P Global Also Recognises Growatt as a Tier 1 PV Inverter Supplier

Beyond the hybrid inverter shipment ranking cited by Growatt, S&P Global’s publicly available 2025 Tier 1 Cleantech Companies report lists Growatt New Energy Technology among 12 Tier 1 PV inverter suppliers worldwide.

Growatt remains on S&P Global’s 2026 Tier 1 PV inverter supplier list as well.

S&P’s Tier 1 methodology is broader than pure shipment volume. For its 2025 assessment, S&P first identified leading manufacturers based on global shipments or installations and then evaluated them across several dimensions including market presence, financial performance, sustainability and other criteria.

For B2B procurement, this provides useful additional context around the manufacturer.

It does not mean every Growatt product is automatically the correct choice for every project. Exact inverter specifications, battery compatibility, certification, local grid requirements and service arrangements must still be checked.

But it does provide external market evidence that Growatt operates at significant global scale.

What the Ranking Means for European Installers

For European installers, scale can have practical consequences.

A manufacturer shipping large volumes internationally typically needs established distribution, firmware support, technical documentation, certification processes and replacement-part logistics across multiple markets.

However, global market position should not replace local due diligence.

What matters to an installer in Hungary, Germany, Romania, Spain or another European market is whether the exact model being installed meets local grid requirements, whether compatible batteries are available, and whether technical and warranty support can be accessed efficiently.

This is where the distributor also becomes important.

A professional solar distributor should not simply deliver the inverter. It should help make sure the inverter, battery, accessories and complete system architecture match the project.

Is Growatt one of the world’s largest hybrid inverter suppliers?

According to Growatt’s August 2026 announcement, S&P Global Commodity Insights ranked the company among the Global Top 3 hybrid inverter suppliers by 2025 shipment volume.

Is Growatt an S&P Global Tier 1 inverter manufacturer?

Yes. S&P Global’s publicly available lists include Growatt among its Tier 1 PV inverter suppliers in both 2025 and 2026.

Which Growatt hybrid inverter systems are highlighted by the company?

Growatt highlights the MINA and MODA All-in-One ESS, SPM and SPE Series, and WIT Series as part of its residential and higher-power solar-plus-storage portfolio.

Why are hybrid solar inverters becoming more popular?

Hybrid inverters make it possible to integrate battery storage with solar PV and can also allow customers to install solar first and add a compatible battery later. S&P Global has identified this flexibility as one factor driving hybrid inverter growth.

Does Growatt offer commercial energy storage solutions?

Yes. Growatt states that its portfolio includes higher-power hybrid inverters, C&I energy storage systems and intelligent energy-management platforms in addition to residential solutions.

When did Growatt begin developing energy storage products?

Growatt says it identified the potential of solar-plus-storage integration in 2015 and began developing residential storage inverter and battery solutions around that time.