GoodWe Listed Among the Global Top 3 Hybrid Inverter Supplier by Wood Mackenzie

PVTIME – GoodWe was listed as one of the top 3 hybrid inverter suppliers globally in 2021, taking around 13% global market share according to data released by Wood Mackenzie, the world’s leading authority on energy research. Since its establishment in 2010, GoodWe has been continuously focusing on PV inverters and energy storage solutions and has gained a competitive foothold in the industry.

Despite the pandemic and the subsequent supply chain disruptions and surging raw material prices in recent years, GoodWe has continued to invest in R&D (approx. 8% sales revenue) and has brought a hoard of quality and affordable energy storage inverters to the market, covering single-phase and three-phase, high voltage and low voltage, DC-coupled and AC-coupled retrofit solutions. Furthermore, a variety of impressive features boasted by the company’s product also make them preferred options in the market. For example, all GoodWe storage products are integrated with a unique Uninterruptible Power Supply (UPS) feature, allowing for an automatic switchover to the backup mode in less than 10ms for a stable and reliable power supply. While 100% unbalanced three-phase load is also supported to provide an ideal solution for load variability.

With a track record of delivering efficient and reliable energy storage solutions, GoodWe has already became a major global manufacturer of ESS and ranked No.1 in the world for residential hybrid inverter shipments according to Wood Mackenzie in 2020. It is also worth mentioning that GoodWe was awarded the title of Most Efficient Asian Manufacturer by Berlin University of Applied Science through SPI efficiency test for 2 consecutive years and has won the TUV Rheinland “All Quality Matters” Award for 6 consecutive years. All of these are the best evidence of GoodWe’s R&D capabilities and its overall product quality.

Solar energy storage market in the recent years, has gained escalation on account of large-scale deployment of roof-top systems across both residential and C&I establishments. By 2025, global solar-plus-storage market will expand to 30 GWh, as projected by InfoLink, a world-leading consulting firm. Operating in such a promising industry means more innovations are required to make sure the company can retain a highly competitive position vis-à-vis other operators in the sector. GoodWe has dedicated itself to proactively exploring more possibilities in serving its customers. This year in June, the company has introduced to the market a one-stop EcoSmart Home solution to meet changing home energy needs. Its newly-launched powerful hybrid inverter ES G2, is at the core of the solution.


Being one of the global top 3 hybrid inverter suppliers is a recognition of the collective efforts of the company. GoodWe will continue to reinforce its commitment to driving the world’s smart energy future by innovating around net-zero-enabling technologies, securing the supply chain, providing mature pre- and after-sales services worldwide, and bringing clean and efficient power to all.