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Growatt
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Short description

Manufacturer of solar PV inverters with capacities ranging from 1kW to 1 MW

Founded in 2010
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector solar

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters China Shenzhen, China
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Updated by Cleantech Group on 08/17/2021

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Date Company
Partnerships
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Date Partner Type
01/01/2014
AARON Energy AARON Energy
AARON Energy supplies all range of Growatt inverters and provide pre- and after-sale service support.
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Confirmed by AARON Energy
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IPO INFORMATION

Date

03/22/2012

IPO status

Speculated

IPO Type

IPO

Amount

Initial shares

Ticker symbol

Exchange listed

Prospectus URL

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Description

The company announced its plan to go public by October 2014.

Date Investors Type Amount
03/22/2012 Sequoia Capital Sequoia Capital , China Merchants China Direct Investments China Merchants China Direct Investments (2)
Post-money valuation of
The original amount in the transaction was RMB 100 million.
Growth Equity $15,870,749
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Products
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Product image Name Product status Revenue model Cost metrics

Central Inverter Series

Series of central inverters for commercial or utility-scale installations. - Max efficiency > 98%, deliver more energy - Powerful grid management functions (including LVRT) - Active power continuous adjustment (0-100%) - Reactive power adjustable, PF range 0.9lagging-0.9leading - Friendly touch monitoring interface, easy installation maintenance procedure - Design for max.ROI: Newest generation IGBTs and advanced MPPT Algorithms - Auxiliary electrical heating (optional) - Comprehensive protection for overvoltage, islanding, short-circuit, overload, overheat etc.

Wide Commercial Availability
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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