The 12 closest competitors and alternatives to SolarEdge Technologies among hardware companies — ranked by similarity to what SolarEdge Technologies actually does, not by market-cap band.
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SolarEdge Technologies, Inc., operating globally with its various subsidiaries, is a leading innovator specializing in the engineering, production, and distribution of direct current (DC) optimized inverter systems essential for photovoltaic (PV) installations worldwide. The company structures its diverse operations across five main divisions: Solar, Energy Storage, e-Mobility, Critical Power, and Automation Machines. Its comprehensive product line features critical components for solar power setups, such as inverters, power optimizers, and communication devices. It also delivers intelligent energy management solutions suitable for residential, commercial, and even smaller utility-scale solar projects. A crucial part of its ecosystem is a sophisticated cloud-based monitoring platform that collects and processes data from optimizers and inverters, enabling thorough oversight and effective management of PV systems. Beyond its foundational solar offerings, SolarEdge's capabilities extend to providing full solutions for residential, commercial, and large-scale PV projects, advanced energy storage and backup systems, and infrastructure for electric vehicle charging. The company also offers home energy management tools, grid services, e-Mobility products, state-of-the-art automation machinery, lithium-ion cells and battery packs, and uninterruptible power supply (UPS) systems. A significant innovation includes virtual power plants (VPPs), designed to help balance grid load and improve overall stability. Furthermore, SolarEdge is committed to robust customer support, offering services that span from pre-sales assistance and continuous training programs to extensive technical support and post-installation services. Its broad customer base includes direct providers of solar PV systems, independent solar installers, various distributors, electrical equipment wholesalers, PV module manufacturers, and specialized engineering, procurement, and construction (EPC) companies. Founded in 2006, SolarEdge Technologies, Inc. is headquartered in Herzliya, Israel.
SolarEdge Technologies is a hardware company headquartered in Herzliya, Israel. It is publicly listed (0L7S) with a market capitalisation of $3.2B. Xcout tracks 23 named people at SolarEdge Technologies, including Yehoshua Nir (Chief Executive Officer & Director).
17 more named people on record for SolarEdge Technologies, with roles, board committees and tenure — see the full roster →
Ranked by semantic similarity — how close each company is to SolarEdge Technologies by what it does, using Xcout's live company graph. Click any company for its full profile, or its competitor set.
Similar hardware company
Zhejiang Chint Electrics Co., Ltd., operating through its various subsidiaries, specializes in the development and distribution of electrical products primarily within China. Its comprehensive product portfolio spans a broad spectrum of electrical equipment. For low-voltage applications, this includes modular DIN rail components, a variety of circuit breakers (such as molded case and air circuit breakers), contactors, thermal relays, motor starters, pilot devices, inverters and soft-starters, and general-purpose relays. The company further provides low-voltage capacitors, various switchgear components like disconnectors (including fuse-switch disconnectors), changeover switches (travel and universal types), and connection terminals, alongside specialized low-voltage VT, AVR, CT, and PT products. Beyond low-voltage offerings, Chint Electrics manufactures equipment for medium and high-voltage power distribution. This segment features power transformers, gas-insulated and air-insulated high-voltage switchgears, prefabricated substations, MV and LV switchgears, and other MV apparatus. Additional products in this area include power protection devices, HV and LV busway systems, surge arresters, capacitors, insulators, CT and PT components, and various types of cables. The company also extends its reach into monitoring and control solutions, offering a range of meters for monitoring, gas, and electricity consumption, as well as consumer-focused items like wall switches and LED lighting. Furthermore, Chint Electrics is a key player in renewable energy, providing photovoltaic (PV) modules, grid-tied PV inverters, complete system products, and monitoring systems for solar installations. Its capabilities also encompass electronic parts, horns, and distributed control systems (DCS). To complement its product lines, the company delivers specialized solutions in both solar energy and metering. Established in 1984, Zhejiang Chint Electrics Co., Ltd. is headquartered in Yueqing, China.
Similar hardware company
Nidec Corporation, a global enterprise, specializes in the comprehensive development, manufacturing, and distribution of motors, electronic and optical components, and various related solutions. The company's diverse portfolio spans precision micro-motors to large industrial-grade units, encompassing motor-related products, integrated modules, automotive parts, mechanical equipment, advanced inspection and measuring tools, electronic devices, and sensors. These offerings are fundamental to a wide array of applications, including robotics, Internet of Things (IoT) technologies, vehicle systems, household appliances, logistics, agriculture, information technology, office automation, mobile devices, optical components, medical and healthcare, housing, commercial and professional sectors, industrial machinery, and specialized processing and inspection equipment. Established in 1973, Nidec Corporation is headquartered in Kyoto, Japan.
Manufacturing (Power Electronics)
Power Electronics is headquartered near Valencia, Spain. The company is a leading manufacturer of solar inverters in Europe, Oceania, and America, and a global leader in energy storage. It provides advice, technical assistance, and continuous personalized training, adapting to customer and project needs.
Wind Energy Equipment Manufacturing
Shenzhen Hopewind Electric Co., Ltd., established in 2007 and headquartered in Shenzhen, China, is dedicated to the innovation, production, distribution, and maintenance of renewable energy and electric drive technologies. The company's extensive product portfolio features sophisticated wind power generation systems, including doubly-fed, full-power, and medium-voltage converters, alongside wind farm energy management systems (EMS) and specialized liquid cooling solutions. Additionally, Hopewind supplies solar power systems, offering central and string inverters, as well as integrated transformer-inverter room setups. Its range further encompasses Variable Frequency Drives (VFDs), Energy Storage Systems (ESS) devices, and static var generators. These diverse offerings are broadly applied across a multitude of industrial sectors. Key applications include metallurgy, the petroleum and petrochemical industry, mining machinery, port lifting, distributed energy power generation, large-scale testing platforms, marine equipment, textiles, chemicals, cement manufacturing, and municipal services.
Consumer Electronics
El-Mor Electric Installation & Services (1986) Ltd. is an Israeli firm primarily focused on the energy, infrastructure, and telecommunications industries. The company is responsible for designing and implementing diverse projects concerning energy, electrical systems, and air conditioning. Its extensive work covers various sectors, including power plants, renewable and solar energy installations, industrial facilities, telecommunications, high-tech complexes, commercial and public buildings, military and defense sites, crucial electrical and telecom infrastructure, and street lighting networks. Additionally, El-Mor constructs electrical substations, undertakes contracts for photovoltaic (PV) solar power plants, and manufactures and assembles a range of electrical control panels such as power electrical boards, distribution switchboards, and automation and motor control center (MCC) boards. It also delivers management and maintenance services for energy, electrical, and electro-mechanical systems. A unique facet of the company's work involves transforming organic waste into energy using advanced pyrolysis and gasification methods. Founded in 1967, El-Mor Electric Installation & Services (1986) Ltd. is based in Ashkelon, Israel.
Manufacturing / Electrical Equipment
Socomec provides expert solutions for low voltage electrical networks, specializing in power control and safety, critical power, energy efficiency, and solar power. The company serves various regional markets by offering specialized electrical and energy management equipment.
Energy Storage
Sigenergy Technology Co., Ltd. engages in the distribution of energy storage system solutions. Its products include solar inverters, EV DC chargers, power conversion systems, battery pack, energy management systems with a modular, and stackable product design. The company was founded by Xu Ying Tong on May 24, 2022 and is headquartered in Shanghai, China.
Battery Energy Storage Systems
AlphaESS provides residential, commercial, industrial, and utility-scale battery energy storage solutions and systems globally.
Energy Storage
Eguana Technologies Inc. specializes in the development and production of energy storage solutions for both residential and commercial clients across the globe. These systems are utilized in various applications, including fuel cells, solar power (photovoltaic), and battery technologies, with the company's market reach extending throughout Canada, Asia, Australia, Europe, and the United States. Their product lines are offered under the brand names Enduro, Evolve, and Elevate. The company, which operated as Sustainable Energy Technologies Ltd. until September 2013, subsequently adopted its current name, Eguana Technologies Inc. The corporate headquarters for Eguana Technologies Inc. are situated in Calgary, Canada.
Energy Storage
NeoVolta Inc. designs, manufactures, and sells energy storage systems in the United States. The company provides NV14, NV14-K, and NV 24 energy storage systems, which stores and uses energy through batteries and an inverter at residential or commercial sites; and NV16KAC. It markets and sells its products directly to certified solar installers and solar equipment distributors. The company was founded in 2018 and is headquartered in Poway, California.
Similar hardware company
SolidRun Ltd. is a global manufacturer of cost-effective and advanced low-power embedded edge computing platforms and solutions. Headquartered in Acre, Israel, the company's early product development featured the CuBox family of compact computers.
Similar hardware company
Victron Energy B.V. manufactures and supplies independent electric power products such as solar chargers, inverters, battery monitors, and energy storage systems. The company serves residential, marine, off-grid, and professional vehicle sectors with modular hardware and remote monitoring software.
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