Power Inverter Sales

Power Inverter Sales Market Outlook

The global power inverter market is projected to reach approximately USD 18.5 billion by 2035, growing at a compound annual growth rate (CAGR) of 7.5% during the forecast period from 2025 to 2035. This growth can be attributed to the increasing adoption of renewable energy sources, such as solar and wind, which require efficient power conversion systems. Moreover, the rising demand for uninterrupted power supply solutions in residential and commercial sectors is significantly driving the market. The expansion of the electric vehicle market also plays a pivotal role, as power inverters are vital in converting DC from batteries to AC for electric motor operation. Additionally, technological advancements leading to enhanced inverter efficiency and integrated smart features further contribute to market growth. As a result, stakeholders are keenly exploring innovations to capture the burgeoning demand in this space.

Growth Factor of the Market

The power inverter market's growth is largely influenced by several dynamic factors, primarily the global shift towards renewable energy sources. Governments worldwide are implementing favorable policies and incentives to promote the use of solar and wind energy, thus increasing the demand for solar inverters and related technologies. Furthermore, the rising need for energy storage systems in electric vehicles and home energy management systems is propelling new investments in inverter technologies. The increasing need for electric vehicle charging infrastructure also complements the demand for high-efficiency inverters. Another growth factor is the expansion of data centers, where reliable power is essential, thus boosting the need for backup systems that utilize power inverters. Additionally, advancements in battery technologies present opportunities for inverter manufacturers to innovate, leading to a competitive edge in the market.

Key Highlights of the Market

• Rapid growth of the renewable energy sector, particularly solar energy.
• Increasing adoption of smart grid technologies and energy storage solutions.
• Significant advances in inverter technologies enhancing efficiency and performance.
• Growing demand for electric vehicles and associated charging infrastructure.
• Rising emphasis on energy conservation and sustainability measures globally.

By Type

Pure Sine Wave:

Pure sine wave inverters are renowned for their high efficiency and capability to produce a clean waveform that closely resembles the grid power supply. This type of inverter is essential for powering sensitive electronic devices that can be affected by voltage fluctuations. The pure sine wave inverter segment is anticipated to grow significantly due to the increasing use of sophisticated electronic devices in homes and businesses. They are particularly favored in applications requiring high-quality power, such as in medical equipment and high-end audio/video devices. This growth is further fueled by the increasing adoption of renewable energy systems, especially solar, which require high-quality inverters to ensure maximum efficiency and reliability of power delivery.

Modified Sine Wave:

Modified sine wave inverters are more cost-effective compared to pure sine wave inverters, offering a functional alternative for many applications. They are suitable for devices that do not require the high-quality power output of pure sine wave inverters. Despite being less efficient, modified sine wave inverters are widely used in various applications, including recreational vehicles (RVs) and small-scale solar setups. The affordability and sufficient power quality for basic appliances fuel their demand, especially in cost-sensitive segments. This market segment is expected to maintain steady growth as users increasingly look for budget-friendly power solutions without sacrificing too much functionality.

Grid-Tie:

Grid-tie inverters are pivotal for connecting renewable energy systems like solar panels directly to the electrical grid. Their role in facilitating net metering allows users to sell excess energy back to the grid, making them a crucial component in residential and commercial solar energy systems. The rising trend of distributed generation and the increasing integration of renewable sources into the power grid are significantly driving the grid-tie inverter market. As governments promote policies favoring solar energy adoption, this segment is projected to witness robust growth, further supported by advancements in inverter technologies enhancing grid connectivity and efficiency.

Off-Grid:

Off-grid inverters are designed for standalone systems that are not connected to the electricity grid, making them essential in remote locations where access to conventional power sources is limited. The growth in this segment is closely related to the rising demand for energy independence and sustainability. Applications in rural electrification and backup power systems are driving the need for off-grid solutions. Additionally, the growing popularity of solar energy systems in off-grid setups, particularly in developing regions, is expected to fuel the adoption of these inverters. Off-grid inverters are also critical for camping, boating, and other recreational activities, further expanding their market reach.

Hybrid:

Hybrid inverters combine both grid-tie and off-grid functionalities, providing versatility and flexibility in energy management. They allow users to utilize energy from both the grid and renewable sources, optimizing energy consumption and reducing electricity costs. The increasing interest in energy storage solutions, particularly lithium-ion batteries, is driving the growth of this market segment. Hybrid inverters are especially appealing to consumers seeking reliable backup power along with the benefits of renewable energy integration. As the need for energy resilience and adaptability rises, the hybrid inverter segment is anticipated to grow steadily, appealing to various end-users ranging from residential to commercial applications.

By Application

Residential:

The residential application segment is a significant contributor to the power inverter market, primarily driven by the rising installation of solar photovoltaic systems in homes. Homeowners are increasingly seeking to harness solar energy for self-consumption, leading to a surge in demand for inverters that can efficiently convert solar energy into usable electricity. Additionally, the need for reliable backup power solutions in the event of grid outages is further propelling the market for residential inverters. The trend towards smart homes, integrated with energy management systems, is also pushing the adoption of advanced inverter technologies, enhancing the overall user experience and energy efficiency.

Commercial:

In the commercial sector, power inverters play a crucial role in facilitating energy management and improving operational efficiency. Businesses are increasingly adopting renewable energy solutions to reduce operational costs and carbon footprints, thereby driving the demand for commercial inverters. Applications range from powering retail operations to large-scale solar installations on commercial buildings. The shift towards sustainability and corporate responsibility is further fueling the growth of this segment, as organizations seek to invest in renewable energy and energy storage systems. Moreover, the rising focus on energy resilience and reliability in commercial settings solidifies the need for high-quality power inverters.

Industrial:

The industrial application segment is characterized by a growing demand for power inverters across various manufacturing processes and heavy equipment operations. Industries are increasingly incorporating renewable energy sources to power machinery and reduce reliance on fossil fuels, thereby driving the market for industrial inverters. Additionally, the need for uninterrupted power supply to maintain production continuity is pushing industries to invest in advanced inverter technologies. This segment is also witnessing a trend towards automation and smart manufacturing, further increasing the use of power inverters to manage energy distribution efficiently and sustainably.

Automotive:

Power inverters are becoming increasingly important in the automotive sector, especially with the rise of electric vehicles (EVs). Inverters play a crucial role in converting DC from the battery to AC for powering the electric motor. The rapid growth of the electric vehicle market, coupled with advancements in battery technology, is driving substantial demand for automotive inverters. Additionally, hybrid vehicles also rely on inverters to manage energy flow between the battery and the engine. As automotive manufacturers invest more in EV technology, the automotive inverter segment is expected to witness significant growth, driven by innovations aimed at enhancing efficiency and performance.

Utilities:

The utility application segment encompasses large-scale power generation and distribution systems, where power inverters facilitate the integration of renewable energy sources into the grid. With governments promoting clean energy initiatives, utilities are investing heavily in solar parks and wind farms, thereby driving demand for utility-scale inverters. These inverters are designed to handle large volumes of power and ensure stable electricity supply. The increasing focus on grid modernization and energy storage solutions further enhances the demand for advanced inverters in utility applications. As the global energy landscape evolves towards more sustainable practices, the utility sector remains a pivotal area for power inverter growth.

By User

Telecommunication:

In the telecommunications sector, power inverters are essential for maintaining uninterrupted service through reliable backup power systems. With the proliferation of mobile networks and data centers, there is a growing need for efficient power solutions that can ensure continuous operation during grid failures. The rising demand for enhanced connectivity and the expansion of 5G technology are driving investments in power infrastructure, thereby boosting the demand for telecommunications inverters. The sector’s increasing emphasis on sustainability and energy efficiency further propels the adoption of advanced inverter technologies that can optimize energy consumption and reduce operational costs.

Healthcare:

The healthcare industry depends heavily on reliable power supply systems, making power inverters essential in medical facilities. These inverters ensure that critical equipment remains operational during power outages, safeguarding patient care and treatment outcomes. The increasing number of healthcare facilities and advancements in medical technology are driving the demand for high-quality power inverters. The COVID-19 pandemic has underscored the importance of robust power management solutions in healthcare, leading to an increase in investments in backup power systems, thereby propelling the market for healthcare inverters.

Automotive:

The automotive sector is witnessing a paradigm shift towards electric and hybrid vehicles, leading to a substantial demand for power inverters that facilitate energy conversion. As automakers prioritize sustainability and technological advancements, the demand for efficient inverters is on the rise. Modern electric vehicles require sophisticated inverters to manage battery energy effectively while optimizing performance. The automotive inverter market is set to grow alongside the electric vehicle industry, driven by innovations aimed at improving energy density and overall vehicle performance, thus solidifying the role of power inverters in the future of transportation.

Construction:

In the construction industry, power inverters are crucial for providing reliable power for tools and machinery, particularly in remote job sites where grid power is unavailable. The growth of the construction sector, spurred by urbanization and infrastructure development, is driving demand for portable and efficient power inverters. As construction projects become increasingly complex, the need for uninterrupted power supply and energy-efficient solutions is paramount. Additionally, the trend towards green building practices further boosts the adoption of renewable energy systems in construction, thereby enhancing the market for power inverters in this sector.

Others:

Other end-users include sectors such as agriculture, marine, and recreational activities where power inverters are utilized for various applications. In agriculture, inverters are used to manage power supply for irrigation systems and other agricultural equipment, enabling efficient resource management. The marine sector relies on power inverters for onboard power systems, ensuring smooth operation of navigation and safety equipment. Moreover, recreational vehicles and camping setups increasingly deploy power inverters to provide a reliable power source away from the grid. This diverse range of applications across various sectors is driving additional demand for power inverters, ensuring substantial market growth in this segment.

By Power Rating

Up to 1 kW:

Power inverters rated up to 1 kW are primarily used in applications that require minimal power, such as small household appliances and electronics. This segment is gaining traction due to the increasing number of solar home systems and portable power solutions. The rising trend of DIY solar installations and the growing adoption of compact inverters for mobile applications are driving demand in this segment. Additionally, the popularity of backup power solutions for essential devices during outages is enhancing the market for low-power inverters.

1-5 kW:

The 1-5 kW power rating segment is characterized by its versatility, catering to a wide range of applications, including residential solar power systems and small businesses. Inverters in this category are suitable for a variety of uses, from powering individual appliances to providing backup power for essential services. The expanding solar market, coupled with the growing emphasis on energy efficiency, is propelling the demand for inverters in this range. As users seek to optimize their energy consumption, the 1-5 kW segment is poised for steady growth, supported by innovations in inverter technology that enhance performance.

5-10 kW:

Power inverters rated between 5-10 kW are commonly used in mid-sized residential and commercial applications, particularly in larger solar energy systems. As the demand for solar energy continues to rise, this segment is expected to witness strong growth. These inverters are capable of handling higher energy loads, making them suitable for powering multiple devices simultaneously. The increasing trend of energy independence and the desire for sustainable solutions are driving the adoption of inverters in this power range. Moreover, the growing focus on energy storage systems further complements the demand for inverters capable of managing higher power ratings.

10-15 kW:

The 10-15 kW power rating segment is primarily utilized in larger commercial applications and residential settings with high energy demands. These inverters are designed to manage substantial loads, making them ideal for businesses seeking to optimize their energy consumption while integrating renewable sources. With the increasing emphasis on sustainability and energy efficiency, the demand for high-capacity inverters is anticipated to grow. Furthermore, their role in enhancing the grid stability through smart grid technologies adds to their market appeal in commercial and utility applications.

Above 15 kW:

Inverters rated above 15 kW are crucial for large-scale industrial and utility applications, including solar power plants and wind farms. This segment is witnessing robust demand as the push for renewable energy sources accelerates globally. These high-capacity inverters are designed to manage significant power loads and are essential for connecting large renewable installations to the grid. The increasing investment in renewable energy infrastructure, driven by government initiatives and corporate sustainability goals, is propelling the growth of this market segment. As energy transition strategies gain momentum, the demand for high-performance inverters capable of handling large-scale operations is expected to rise significantly.

By Region

The North American region is anticipated to hold a significant share of the power inverter market, attributed to the growing adoption of renewable energy solutions and a robust regulatory framework promoting clean energy initiatives. The U.S. solar market, in particular, is thriving, with residential installations driving demand for high-efficiency inverters. Moreover, the increasing focus on energy resilience and backup power solutions following severe weather events is bolstering the market for power inverters. The region is expected to exhibit a CAGR of approximately 7% over the forecast period, driven by technological advancements and increased investments in solar infrastructure.

In Europe, the power inverter market is also witnessing significant growth, fueled by strong government support for renewable energy projects and ambitious sustainability goals. Countries like Germany and Spain are at the forefront of solar energy adoption, leading to a surge in demand for grid-tie and hybrid inverters. The increasing integration of energy storage systems within national grids is driving the need for advanced inverter solutions. This region is projected to experience steady growth, reflecting the overall European commitment to transitioning towards a sustainable energy landscape. The combined growth in both North America and Europe underscores the global shift towards renewable energy adoption and the critical role of power inverters in this transition.

Opportunities

The power inverter market is poised for significant growth, presenting various opportunities for industry players. One of the most promising areas is the integration of smart technologies into inverter solutions. As consumers and businesses increasingly adopt smart home and energy management systems, there is a growing demand for inverters that can seamlessly connect and communicate with other smart devices. Manufacturers can leverage this trend by developing innovative inverter products equipped with advanced features such as remote monitoring, real-time energy management, and automated load balancing. Additionally, the expansion of electric vehicle infrastructure represents a significant opportunity for inverter manufacturers, as the demand for efficient energy conversion systems continues to rise across the automotive segment.

Furthermore, emerging markets in Asia-Pacific and Latin America present substantial growth opportunities for power inverter manufacturers. As developing economies seek to improve energy access and sustainability, there is an increasing demand for renewable energy sources and efficient power management solutions. Investments in solar and wind energy projects are set to rise in these regions, leading to heightened demand for both small-scale and utility-scale inverters. Companies that strategically position themselves in these emerging markets by forming partnerships with local stakeholders and investing in research and development will be well-positioned to capitalize on the growing opportunities in the power inverter space.

Threats

Despite the promising outlook for the power inverter market, several threats could hinder growth. The rapid pace of technological advancements poses a challenge for existing manufacturers, as new entrants continually develop innovative and more efficient inverter solutions. Companies must continuously invest in research and development to stay competitive, which can place a financial strain on smaller players. Additionally, the price volatility of raw materials, particularly for components used in inverter manufacturing, can affect profit margins and pricing strategies. Companies may face difficulties in managing supply chain disruptions, particularly in times of global crises or trade tensions, leading to delays in production and delivery.

Another significant threat to the power inverter market is the potential for regulatory changes that could impact the renewable energy landscape. As governments around the world continue to evaluate their energy policies, changes in incentives or subsidies for renewable energy deployment could affect the demand for power inverters. Companies must remain vigilant and adaptable to navigate the evolving regulatory environment, ensuring they align their strategies to comply with new standards and regulations. Moreover, the rising competition from alternative energy solutions and technologies can pose a threat to traditional inverter manufacturers, urging them to innovate and diversify their offerings.

Competitor Outlook

• SMA Solar Technology AG
• Fronius International GmbH
• SolarEdge Technologies, Inc.
• ABB Ltd.
• Infinisolar
• Victron Energy B.V.
• Enphase Energy, Inc.
• OutBack Power Technologies
• Schneider Electric SE
• Renusol GmbH
• Trina Solar Limited
• Huawei Technologies Co., Ltd.
• Canadian Solar Inc.
• TMEIC Corporation
• KACO New Energy GmbH

The competitive landscape of the power inverter market is characterized by a mix of established players and emerging companies, all vying for a share in a rapidly evolving industry. Major companies like SMA Solar Technology and SolarEdge Technologies lead the market with their innovative solutions and broad product portfolios that cater to a diverse range of applications and sectors. These companies continually invest in research and development to stay ahead of technological advancements and meet the ever-changing demands of consumers and businesses. Furthermore, strategic collaborations and partnerships are common, as companies seek to enhance their market presence and expand their reach into new geographical areas.

Additionally, newer players in the market are focusing on niche applications and developing specialized inverter technologies that address specific consumer needs. This trend fosters healthy competition and encourages established companies to innovate and improve their product offerings. As energy storage solutions gain traction, inverter manufacturers are increasingly integrating energy management capabilities into their products, enabling users to optimize energy consumption and improve efficiency. The overall competitive environment is dynamic, with companies continually adapting their strategies to leverage emerging trends and technologies in the power inverter market.

Among the major players, Fronius International is notable for its commitment to sustainability and innovation, regularly launching advanced inverter solutions that align with evolving market demands. Their focus on enhancing efficiency and integrating smart technologies has positioned them as a leader in the residential solar inverter segment. Similarly, Enphase Energy stands out with its microinverter technology, which offers unique advantages for solar panel installations, enabling greater flexibility and improved system performance. Companies such as ABB and Schneider Electric also play pivotal roles, leveraging their extensive experience in automation and energy management to provide comprehensive inverter solutions for a wide range of applications.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 ABB Ltd.
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Infinisolar
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Renusol GmbH
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 TMEIC Corporation
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Canadian Solar Inc.
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Trina Solar Limited
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Victron Energy B.V.
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Enphase Energy, Inc.
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 KACO New Energy GmbH
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Schneider Electric SE
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 SMA Solar Technology AG
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Fronius International GmbH
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 OutBack Power Technologies
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 SolarEdge Technologies, Inc.
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Huawei Technologies Co., Ltd.
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Power Inverter Sales Market, By Type
    • 6.1.1 Pure Sine Wave
    • 6.1.2 Modified Sine Wave
    • 6.1.3 Grid-Tie
    • 6.1.4 Off-Grid
    • 6.1.5 Hybrid
  • 6.2 Power Inverter Sales Market, By User
    • 6.2.1 Telecommunication
    • 6.2.2 Healthcare
    • 6.2.3 Automotive
    • 6.2.4 Construction
    • 6.2.5 Others
  • 6.3 Power Inverter Sales Market, By Application
    • 6.3.1 Residential
    • 6.3.2 Commercial
    • 6.3.3 Industrial
    • 6.3.4 Automotive
    • 6.3.5 Utilities
  • 6.4 Power Inverter Sales Market, By Power Rating
    • 6.4.1 Up to 1 kW
    • 6.4.2 1-5 kW
    • 6.4.3 5-10 kW
    • 6.4.4 10-15 kW
    • 6.4.5 Above 15 kW

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Power Inverter Sales Market by Region
  • 10.6 Middle East & Africa - Market Analysis
    • 10.6.1 By Country
      • 10.6.1.1 Middle East
      • 10.6.1.2 Africa

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Power Inverter Sales market is categorized based on

By Type

• Pure Sine Wave
• Modified Sine Wave
• Grid-Tie
• Off-Grid
• Hybrid

By Application

• Residential
• Commercial
• Industrial
• Automotive
• Utilities

By User

• Telecommunication
• Healthcare
• Automotive
• Construction
• Others

By Power Rating

• Up to 1 kW
• 1-5 kW
• 5-10 kW
• 10-15 kW
• Above 15 kW

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• SMA Solar Technology AG
• Fronius International GmbH
• SolarEdge Technologies, Inc.
• ABB Ltd.
• Infinisolar
• Victron Energy B.V.
• Enphase Energy, Inc.
• OutBack Power Technologies
• Schneider Electric SE
• Renusol GmbH
• Trina Solar Limited
• Huawei Technologies Co., Ltd.
• Canadian Solar Inc.
• TMEIC Corporation
• KACO New Energy GmbH