Growatt expands solar and storage footprint in global market

Growatt, a solar equipment brand founded in 2011, now operates in more than 180 countries and has broadened from inverters into batteries, storage, EV charging and energy management. In Iran, Novin Solar says it is supplying Growatt inverters and lithium batteries for residential, commercial, off-grid and storage projects.

Why it matters: - Growatt has become a global supplier across solar generation and energy storage, with products used in homes, businesses and industrial projects. - The company’s product mix matters because buyers now evaluate solar brands not just on inverters, but on storage, monitoring and grid flexibility. - In Iran, access to a wider range of Growatt equipment gives project developers more options for hybrid and storage-based systems.

What happened: - Growatt began operating in 2011 and first became known for solar inverters. - The company now serves more than 180 countries and regions. - Novin Solar says it is offering Growatt products in Iran, including solar inverters, hybrid inverters and lithium batteries. - Hamid Rezaei is listed as the contact for Novin Solar.

The details: - Growatt’s product lineup includes on-grid inverters, hybrid inverters, off-grid inverters, energy storage inverters, lithium batteries, EV chargers and energy monitoring and management equipment. - S&P Global Commodity Insights ranked Growatt No. 1 globally in residential solar inverter supply in 2024. - The same report placed Growatt among the top three suppliers of hybrid inverters and among the top five suppliers of commercial inverters. - Based on 2025 data published in 2026, S&P Global also placed Growatt among the top three suppliers of hybrid inverters in its energy storage-related ranking. - Frost & Sullivan ranked Growatt No. 1 globally in shipments of Split-Type hybrid energy storage inverters in 2025. - Growatt said its designed annual manufacturing capacity reached about 3.1 million inverters by the end of 2025, including 2.4 million solar inverters and 700,000 energy storage inverters. - Growatt also said its designed annual battery production capacity is about 700,000 packs. - Growatt’s presence in Solar + Storage has expanded its role beyond power conversion into combined generation and storage systems. - Novin Solar says Growatt products in Iran are being considered for grid-tied, hybrid, off-grid and storage-equipped projects. - Novin Solar says it also provides consultation, technical review and equipment selection support.

Between the lines: - Growatt’s rankings suggest the brand has built strength in residential inverters while also pushing into commercial and storage segments. - The broad product range is a competitive advantage because many solar projects need a single vendor across inverters, batteries and monitoring. - The Iran market note signals continued demand for imported solar hardware that can support flexible system designs.

What's next: - Growatt is likely to keep expanding its storage and hybrid offering as energy projects shift toward self-consumption and backup power. - In Iran, project-specific selection will remain important because home, commercial and industrial systems require different capacities and configurations. - Novin Solar says it will continue supplying Growatt equipment for different solar project types.