Ten years of innovation and growth


At pv magazine we are proud to have worked closely with Growatt to produce this special edition in 2020, the tenth year since the founding of the Shenzhen-based manufacturer. Growatt and its

Photo: pv magazine/Thomas Beetz

founder, chairman and president David Ding have been pioneers in the global PV industry, being the first Chinese inverter manufacturer to focus on overseas markets soon after the company was established in 2010.

By 2011, the company was already the leading PV inverter supplier to the booming Australian market with a 23% market share. In 2014, Growatt raised eyebrows by achieving 99% efficiency with its 20 KW inverter and three years later in 2017, the company passed the one million mark for shipments.

In its home market of China, Growatt was not only recognized as a National High Technology Enterprise in 2013, but as the Chinese downstream market developed a robust residential segment, Growatt became the leading supplier to this segment with a 30% market share. As this segment is expected to grow from 5 GW in 2019 to 7 GW this year, it will constitute the manufacturer’s leading market in terms of volume.

Growatt shipped more than 5GW of products in 2019, and is opening a state-of-the-art production hub in Huizhou near Shenzhen this year. The new facility will bring the company’s annual production capacity to 10 GW, and as Ding pointed out to pv magazine, there is ample room to grow the production even further. He also cited the company’s growing energy storage business, which is set to boom with a continuing decline in lithium-ion battery prices and an increasing number of customers appreciating the added self-consumption and grid independence that comes with adding storage to a PV system.

Growatt’s emphasis on quality is fundamental to the company’s global success. Its five-step quality system involves rigorous design engineering, components selection, testing procedures, environment and reliability engineering, and manufacturing engineering. This system will serve both the company and its customers well as battery storage solutions are added to the product portfolio.

Independent third-party testing organizations like TÜV Rheinland have verified the efficiency and performance stability of Growatt’s inverters. In 2019, TÜV Rheinland bestowed the “All Quality Matters” award to Growatt’s new 80 kW commercial and industrial (C&I) inverter, which ranked first in its PVE test program for high power C&I inverters. We can expect further endorsements in the future as Growatt expands its work with third party testing organizations across the world.

You will find plenty of information on Growatt’s technology, quality systems, product portfolio, and project track record in this publication – and we can only wish that this special edition is read in as many countries as Growatt products are harvesting clean energy. The number of countries is well over one hundred, with even Antarctica being home to at least one Growatt inverter. That in itself is a reference for product reliability!

Eckhart K. Gouras, Publisher, pv magazine


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