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SolaX Power

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uuid0005ix2

Namestring
SolaX Power
Legal namestring
SolaX Power Network Technology (Zhejiang) Co., Ltd.
Websiteurl
solaxpower.com
Company typeenum
Private
Founded yearint
2015
Descriptiontext

SolaX Power Network Technology (Zhejiang) Co., Ltd. is a Chinese-headquartered, vertically integrated smart energy solutions manufacturer serving residential, commercial & industrial (C&I), and utility-scale solar customers across 130+ countries. Founded in 2015 as a subsidiary of Sunny Energy and operating from Zhejiang (Hangzhou) with 1,001–5,000 employees including 1,000+ R&D staff, the company spans six product categories: energy storage inverters, energy storage batteries, all-in-one ESS, string inverters, EV chargers, microinverters, and—newly—heat pumps. The company reports 500+ patents, 3,000+ global product certifications, and a Tier 1 BTM BESS supplier ranking.

The technology stack centers on vertically integrated hardware (utility string inverters such as X3-GRAND HV, residential all-in-one systems including X-ESS G4 and AEGIS, commercial hybrid inverters like X3-ULTRA and X3-AELIO, container ESS like ORI, and EV chargers and microinverters across the residential line) unified by SolaXCloud, a cloud-based monitoring, control, and forecasting platform, and orchestrated by XHub, an edge/cloud controller that integrates solar PV, battery, EV charging, and heat pump loads via AI-driven scheduling. AI capabilities layered on the platform include the SolaX AI Copilot and SolaXia virtual assistants for customer and partner support, VPP integrations through Axle Energy, CheckWatt, GridX, and Enode, and a Developer Portal API. Software monetization is enhanced by recurring extended-warranty programs.

SolaX generates revenue primarily through one-time hardware sales delivered via a multi-tier channel — direct sales for enterprise and utility projects, regional distributors, certified installers trained through SolaX Academy, and regional offices across the USA, Mexico, Australia, Europe, Asia, the Middle East, and Africa — supplemented by recurring SolaXCloud subscriptions and extended warranty/service packages. Pricing is not publicly disclosed and quotes flow through the distributor and installer network. 2025 results show revenue growth accompanied by a 43% net profit decline attributed to aggressive expansion into lower-margin emerging markets, indicative of a market-share-growth posture ahead of short-term margin optimization.

Short descriptiontext

SolaX Power is a Chinese-headquartered, vertically integrated smart energy solutions company that manufactures inverters, batteries, all-in-one ESS, EV chargers, microinverters, and heat pumps. It serves residential, commercial, and utility-scale customers across more than 130 markets with AI-driven energy management software.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersHangzhou, China
HQ citystring
Hangzhou
HQ countrystring
China
HQ regionstring
Asia
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
solar inverters, energy storage systems, battery storage solutions, EV charging equipment, heat pump systems
Industry4 codes
1Solar Inverters, Power Optimizers & MLPE Manufacturing
CodeEUAMAHABPrimaryYes
2Power Conversion Systems for Storage & Charging (PCS, bidirectional inverters, DC/DC)
CodeIMAGAHAEPrimaryNo
3Energy Storage Software & Controls (EMS, monitoring, optimization, cybersecurity)
CodeIMAGAHAJPrimaryNo
4Solar Inverters, Power Electronics & MLPE (String/Central Inverters, Optimizers, Microinverters)
CodeEUAMABAEPrimaryNo
NAICS code2 codes
  • Battery Manufacturing33591
  • Power, Distribution, and Specialty Transformer Manufacturing335311
SIC code2 codes
  • Electronic & Other Electrical Equipment (No Computer Equip)3600
  • Switchgear & Switchboard Apparatus3613
Product category
Solar Energy Equipment
GTM motion3 records

Each record includes

Type, Description, Source

Revenue model3 records
1Hardware Products
TypeHardware Sales
Description

Primary revenue from selling physical products including energy storage inverters, batteries, all-in-one ESS systems, string inverters, EV chargers, microinverters, heat pumps, and accessories. One-time hardware sales with installation through channel partners.

solaxpower.com
2Software Subscriptions
TypeSubscription Recurring
Description

Recurring revenue from SolaXCloud platform subscriptions for monitoring, data analytics, and energy management. Additional software services include SolaXDesign and Developer Portal.

solaxpower.com
3Extended Warranty & Services
TypeSubscription Recurring
Description

Extended warranty programs and service packages for ongoing maintenance and support of installed systems.

solaxpower.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels5 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Supply Chain, Personnel, Technology or R&D, Operations, Marketing or Sales
GTM typeB2B and B2C
B2B and B2C
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 12 records shown
1XHub
Description

Unified energy controller designed to integrate solar PV systems, battery storage, EV charging, heat pumps, and household loads into a single intelligent home energy management platform using AI-driven scheduling

greenbuildingafrica.co.za
+11 more records
Core offering1 text field

SolaX Power manufactures and sells photovoltaic inverters, energy storage batteries, all-in-one energy storage systems, EV chargers, microinverters, and heat pumps for residential, commercial and industrial, and utility-scale applications. The hardware portfolio is complemented by AI-powered energy management software platforms including SolaXCloud, XHub unified energy controller, SolaX AI Copilot, and SolaXia virtual assistant, distributed through a global network of distributors and certified installers across 130+ markets.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • Electricity costs reduced from $21,000 to effectively zero annually for retirement village community center
+3 more records
Product overview1 text field

SolaX Power offers a vertically integrated ecosystem spanning six product categories: Energy Storage Inverters, Batteries, Commercial ESS, EV Chargers, Heat Pumps, and Microinverters. The product portfolio includes residential solutions (X-ESS G4 all-in-one, X1-MINI G4 PLUS string inverters, T-BAT-SYS-HV battery series, X1-Micro microinverters), commercial and industrial solutions (X3-ULTRA and X3-AELIO hybrid inverters, ESS-TRENE liquid/air cooling systems, TB-HR140 batteries), and utility-scale solutions (X3-GRAND HV string inverters, ORI container ESS). The ecosystem is managed through SolaXCloud platform with AI-powered optimization via XHub controller, SolaX AI Copilot, and SolaXia virtual assistant. Supporting software includes SolaXDesign for project sizing and Developer Portal for integrations.

Product and service1 record
1Energy Storage Inverters
CategoryEnergy Storage Inverters
Description

Hybrid inverters that combine solar PV and battery storage management; available in residential models (X1-SPT 10kW/12kW, OG SERIES, X1-RENO-LV) and commercial and industrial three-phase models (X3-AELIO, X3-ULTRA) for homeowners and businesses seeking integrated energy management.

Scale indicator9 records

Each record includes

Type, Value, Description, Source

Partnership11 partners
Strategic tierRegionalTypeStrategic or Co-development PartnerAnnounced on2026-01-01
Description

Partnership to expand residential energy storage in Japan with Hanwha as local strategic partner.

Strategic tierCoreTypeTechnology or IntegrationAnnounced on2025-09-23
Description

Strategic partnership to deliver smarter solar energy solutions through API integration for enhanced energy management capabilities.

Strategic tierCoreTypeTechnology or IntegrationAnnounced on2025-01-01
Description

Integration partnership connecting SolaXCloud with Axle's VPP platform to enable battery owners to earn additional revenue through grid services.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-01-01
Description

Virtual Power Plant collaboration in Finland for grid services and energy trading through CheckWatt's platform.

Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2025-01-01
Description

Strategic partnerships with Nordic distributors Onninen, KP Energy, and Lemvigh-Müller to strengthen presence in the Nordic region.

Strategic tierFlagshipTypeGTM or Marketing PartnerAnnounced on2024-01-01
Description

SolaX Power extended partnership with Borussia Dortmund through 2028, featuring the football club for brand visibility and energy solutions at the stadium.

Strategic tierCoreTypeTechnology or IntegrationAnnounced on2024-01-01
Description

Collaboration for new market potentials and optimized integration of SolaX products with GridX energy management solutions.

Strategic tierRegionalTypeStrategic or Co-development PartnerAnnounced on2024-01-01
Description

Strategic partnership to advance Turkey's solar and energy storage market with T Dinamik as local partner.

Strategic tierCoreTypeTechnology or IntegrationAnnounced on2024-01-01
Description

Partnership to provide better energy management through integration of SolaX products with Solar-Log monitoring platform.

Strategic tierRegionalTypeStrategic or Co-development PartnerAnnounced on2024-01-01
Description

100MW strategic cooperation agreement with Fronus for projects and market development.

Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2020-01-01
Description

Official distribution partnership for SolaX products in the US market.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Chinese solar inverter and storage manufacturer with comparable hybrid inverter, battery, and smart energy management offerings. Competes head-to-head with SolaX in residential and C&I segments globally.

TypeDirect peer
Description

US-based microinverter and home energy systems company with growing battery storage and EV charger offerings. Competes with SolaX's microinverter and residential ESS portfolio in Western markets.

TypeBroad incumbent
Description

Global technology incumbent offering smart PV solutions, energy storage, and EV charging with deep R&D and software platform resources. A larger, better-capitalized competitor to SolaX in residential, C&I, and utility segments.

TypeDirect peer
Description

Leading Chinese inverter and energy storage manufacturer with strong utility-scale and C&I presence. Competes with SolaX across inverters, ESS, and grid-tied applications, particularly in utility and large C&I projects.

TypeBroad incumbent
Description

Offers Powerwall residential battery, Solar Roof, and Megapack utility storage with proprietary software and VPP capabilities. Competes with SolaX in residential storage and increasingly in C&I and utility segments in Western markets.

TypeDirect peer
Description

Chinese manufacturer of solar inverters, batteries, and energy storage systems with similar residential-to-utility product portfolio and channel-driven GTM. SolaX's most direct domestic competitor in hybrid inverters and residential storage.

TypeDirect peer
Description

China-based energy storage company offering residential and C&I battery systems with integrated inverters and cloud management. Closely comparable product mix to SolaX in residential and small C&I storage.

TypeDirect peer
Description

Chinese battery storage manufacturer specializing in residential and C&I lithium battery systems, a key supplier and sometimes competitor to SolaX in integrated storage solutions.

TypeDirect peer
Description

Israel-headquartered manufacturer of solar inverters, power optimizers, and increasingly batteries and EV chargers. Directly comparable in residential solar-plus-storage architecture and software-driven energy management.

TypeBroad incumbent
Description

Established German inverter manufacturer with strong utility and commercial presence, increasingly active in storage and energy management. A traditional incumbent competing with SolaX in EU markets.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers8 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
Yes

Docs URL, Description

Integration6 records

Each record includes

Title, Type, Description, Source

AI capability7 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature6 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
Compliance14 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

SolaX Power

Solar Energy Equipmentsolaxpower.com

SolaX Power is a Chinese-headquartered, vertically integrated smart energy solutions company that manufactures inverters, batteries, all-in-one ESS, EV chargers, microinverters, and heat pumps. It serves residential, commercial, and utility-scale customers across more than 130 markets with AI-driven energy management software.

What SolaX Power does

SolaX Power Network Technology (Zhejiang) Co., Ltd. is a Chinese-headquartered, vertically integrated smart energy solutions manufacturer serving residential, commercial & industrial (C&I), and utility-scale solar customers across 130+ countries. Founded in 2015 as a subsidiary of Sunny Energy and operating from Zhejiang (Hangzhou) with 1,001–5,000 employees including 1,000+ R&D staff, the company spans six product categories: energy storage inverters, energy storage batteries, all-in-one ESS, string inverters, EV chargers, microinverters, and—newly—heat pumps. The company reports 500+ patents, 3,000+ global product certifications, and a Tier 1 BTM BESS supplier ranking.

The technology stack centers on vertically integrated hardware (utility string inverters such as X3-GRAND HV, residential all-in-one systems including X-ESS G4 and AEGIS, commercial hybrid inverters like X3-ULTRA and X3-AELIO, container ESS like ORI, and EV chargers and microinverters across the residential line) unified by SolaXCloud, a cloud-based monitoring, control, and forecasting platform, and orchestrated by XHub, an edge/cloud controller that integrates solar PV, battery, EV charging, and heat pump loads via AI-driven scheduling. AI capabilities layered on the platform include the SolaX AI Copilot and SolaXia virtual assistants for customer and partner support, VPP integrations through Axle Energy, CheckWatt, GridX, and Enode, and a Developer Portal API. Software monetization is enhanced by recurring extended-warranty programs.

SolaX generates revenue primarily through one-time hardware sales delivered via a multi-tier channel — direct sales for enterprise and utility projects, regional distributors, certified installers trained through SolaX Academy, and regional offices across the USA, Mexico, Australia, Europe, Asia, the Middle East, and Africa — supplemented by recurring SolaXCloud subscriptions and extended warranty/service packages. Pricing is not publicly disclosed and quotes flow through the distributor and installer network. 2025 results show revenue growth accompanied by a 43% net profit decline attributed to aggressive expansion into lower-margin emerging markets, indicative of a market-share-growth posture ahead of short-term margin optimization.

SolaX Power firmographics

Firmographics
Name
SolaX Power
Legal name
SolaX Power Network Technology (Zhejiang) Co., Ltd.
Website
https://solaxpower.com
Company type
Private
Founded year
2015
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
SolaX Power is a Chinese-headquartered, vertically integrated smart energy solutions company that manufactures inverters, batteries, all-in-one ESS, EV chargers, microinverters, and heat pumps. It serves residential, commercial, and utility-scale customers across more than 130 markets with AI-driven energy management software.
Ownership category
akta.pro rank

SolaX Power industry classification

Industry
Product category
Solar Energy Equipment
NAICS
Battery Manufacturing (33591), Power, Distribution, and Specialty Transformer Manufacturing (335311)
SIC
Electronic & Other Electrical Equipment (No Computer Equip) (3600), Switchgear & Switchboard Apparatus (3613)
akta.pro primary industry
Solar Inverters, Power Optimizers & MLPE Manufacturing (EUAMAHAB)
akta.pro secondary industries
Power Conversion Systems for Storage & Charging (PCS, bidirectional inverters, DC/DC) (IMAGAHAE), Energy Storage Software & Controls (EMS, monitoring, optimization, cybersecurity) (IMAGAHAJ), Solar Inverters, Power Electronics & MLPE (String/Central Inverters, Optimizers, Microinverters) (EUAMABAE)

Keywords

  • Solar inverters
  • Energy storage systems
  • Battery storage solutions
  • EV charging equipment
  • Heat pump systems

Where SolaX Power is headquartered

Location

Headquarters

HQ city
Hangzhou
HQ country
China
HQ region
Asia

Offices1 record

Markets served

SolaX Power business model

Business model
GTM type
B2B and B2C
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

  1. Hardware Products: Primary revenue from selling physical products including energy storage inverters, batteries, all-in-one ESS systems, string inverters, EV chargers, microinverters, heat pumps, and accessories. One-time hardware sales with installation through channel partners.
  2. Software Subscriptions: Recurring revenue from SolaXCloud platform subscriptions for monitoring, data analytics, and energy management. Additional software services include SolaXDesign and Developer Portal.
  3. Extended Warranty & Services: Extended warranty programs and service packages for ongoing maintenance and support of installed systems.

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

SolaX Power product offering

Product offering

Core offering

SolaX Power manufactures and sells photovoltaic inverters, energy storage batteries, all-in-one energy storage systems, EV chargers, microinverters, and heat pumps for residential, commercial and industrial, and utility-scale applications. The hardware portfolio is complemented by AI-powered energy management software platforms including SolaXCloud, XHub unified energy controller, SolaX AI Copilot, and SolaXia virtual assistant, distributed through a global network of distributors and certified installers across 130+ markets.

Product overview

SolaX Power offers a vertically integrated ecosystem spanning six product categories: Energy Storage Inverters, Batteries, Commercial ESS, EV Chargers, Heat Pumps, and Microinverters. The product portfolio includes residential solutions (X-ESS G4 all-in-one, X1-MINI G4 PLUS string inverters, T-BAT-SYS-HV battery series, X1-Micro microinverters), commercial and industrial solutions (X3-ULTRA and X3-AELIO hybrid inverters, ESS-TRENE liquid/air cooling systems, TB-HR140 batteries), and utility-scale solutions (X3-GRAND HV string inverters, ORI container ESS). The ecosystem is managed through SolaXCloud platform with AI-powered optimization via XHub controller, SolaX AI Copilot, and SolaXia virtual assistant. Supporting software includes SolaXDesign for project sizing and Developer Portal for integrations.

Differentiator

Problem solved

Functional benefit

Brands

  • XHub: Unified energy controller designed to integrate solar PV systems, battery storage, EV charging, heat pumps, and household loads into a single intelligent home energy management platform using AI-driven scheduling
  • SolaXCloud
  • SolaX AI Copilot
  • SolaX Academy
  • X-ESS G4
  • X-MS 2700
  • AEGIS
  • OG SERIES
  • TRENE
  • ESS-AELIO
  • ORI
  • SolaXia

Products and services

  • Energy Storage Inverters Hybrid inverters that combine solar PV and battery storage management; available in residential models (X1-SPT 10kW/12kW, OG SERIES, X1-RENO-LV) and commercial and industrial three-phase models (X3-AELIO, X3-ULTRA) for homeowners and businesses seeking integrated energy management.

Quantifiable outcome

  • Electricity costs reduced from $21,000 to effectively zero annually for retirement village community center
  • +3 more outcomes

Companies that use SolaX Power

Customer profile

Named customers8 records

Segments3 records

Ideal customer profiles3 records

SolaX Power technology and API

Technology

Technology focussed Yes

API detail

Has API
Yes
API docs
API detail

Core technology

AI maturity

App detail

Integration6 records

AI capability7 records

Feature6 records

SolaX Power partnerships and signals

Strategic signal

Partnerships

Eleven partnerships are on record, tiered regional, core and flagship.

  • Hanwha JapanregionalStrategic or Co-development Partner · 1 January 2026Partnership to expand residential energy storage in Japan with Hanwha as local strategic partner.
  • EnodecoreTechnology or Integration · 23 September 2025Strategic partnership to deliver smarter solar energy solutions through API integration for enhanced energy management capabilities.
  • Axle EnergycoreTechnology or Integration · 1 January 2025Integration partnership connecting SolaXCloud with Axle's VPP platform to enable battery owners to earn additional revenue through grid services.
  • CheckWattcoreStrategic or Co-development Partner · 1 January 2025Virtual Power Plant collaboration in Finland for grid services and energy trading through CheckWatt's platform.
  • Onninen, KP Energy, Lemvigh-MüllercoreChannel Partner/ Reseller/ Distributor · 1 January 2025Strategic partnerships with Nordic distributors Onninen, KP Energy, and Lemvigh-Müller to strengthen presence in the Nordic region.
  • Borussia DortmundflagshipGTM or Marketing Partner · 1 January 2024SolaX Power extended partnership with Borussia Dortmund through 2028, featuring the football club for brand visibility and energy solutions at the stadium.
  • GridXcoreTechnology or Integration · 1 January 2024Collaboration for new market potentials and optimized integration of SolaX products with GridX energy management solutions.
  • T DinamikregionalStrategic or Co-development Partner · 1 January 2024Strategic partnership to advance Turkey's solar and energy storage market with T Dinamik as local partner.
  • Solar-LogcoreTechnology or Integration · 1 January 2024Partnership to provide better energy management through integration of SolaX products with Solar-Log monitoring platform.
  • FronusregionalStrategic or Co-development Partner · 1 January 2024100MW strategic cooperation agreement with Fronus for projects and market development.
  • Krannich USAcoreChannel Partner/ Reseller/ Distributor · 1 January 2020Official distribution partnership for SolaX products in the US market.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

SolaX Power competitors and assessment

Company assessment

Direct peers

  • GoodWe: Chinese solar inverter and storage manufacturer with comparable hybrid inverter, battery, and smart energy management offerings. Competes head-to-head with SolaX in residential and C&I segments globally.
  • Enphase Energy: US-based microinverter and home energy systems company with growing battery storage and EV charger offerings. Competes with SolaX's microinverter and residential ESS portfolio in Western markets.
  • Sungrow Power Supply: Leading Chinese inverter and energy storage manufacturer with strong utility-scale and C&I presence. Competes with SolaX across inverters, ESS, and grid-tied applications, particularly in utility and large C&I projects.
  • Growatt New Energy: Chinese manufacturer of solar inverters, batteries, and energy storage systems with similar residential-to-utility product portfolio and channel-driven GTM. SolaX's most direct domestic competitor in hybrid inverters and residential storage.
  • AlphaESS: China-based energy storage company offering residential and C&I battery systems with integrated inverters and cloud management. Closely comparable product mix to SolaX in residential and small C&I storage.
  • Pylontech: Chinese battery storage manufacturer specializing in residential and C&I lithium battery systems, a key supplier and sometimes competitor to SolaX in integrated storage solutions.
  • SolarEdge Technologies: Israel-headquartered manufacturer of solar inverters, power optimizers, and increasingly batteries and EV chargers. Directly comparable in residential solar-plus-storage architecture and software-driven energy management.

Broad incumbents

  • Huawei Digital Power: Global technology incumbent offering smart PV solutions, energy storage, and EV charging with deep R&D and software platform resources. A larger, better-capitalized competitor to SolaX in residential, C&I, and utility segments.
  • Tesla Energy: Offers Powerwall residential battery, Solar Roof, and Megapack utility storage with proprietary software and VPP capabilities. Competes with SolaX in residential storage and increasingly in C&I and utility segments in Western markets.
  • SMA Solar Technology: Established German inverter manufacturer with strong utility and commercial presence, increasingly active in storage and energy management. A traditional incumbent competing with SolaX in EU markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

SolaX Power social profiles

Digital presence

SolaX Power compliance and trust

Trust signal

Compliance14 records

SolaX Power financial estimates

Financial estimate

Revenue estimate

Valuation estimate

SolaX Power leadership team

Management profile

Number of profiles

SolaX Power funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

SolaX Power M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SolaX Power

What does SolaX Power do?

SolaX Power manufactures and sells photovoltaic inverters, energy storage batteries, all-in-one energy storage systems, EV chargers, microinverters, and heat pumps for residential, commercial and industrial, and utility-scale applications. The hardware portfolio is complemented by AI-powered energy management software platforms including SolaXCloud, XHub unified energy controller, SolaX AI Copilot, and SolaXia virtual assistant, distributed through a global network of distributors and certified installers across 130+ markets.

Is SolaX Power a public or private company?

SolaX Power is a private company. It is classified as corporate owned and is currently operating.

When was SolaX Power founded?

SolaX Power was founded in 2015. It employs 1,001 to 5,000 people.

Where is SolaX Power based?

SolaX Power is headquartered in Hangzhou, China, in the Asia region.

How does SolaX Power make money?

Three revenue lines are on record. Hardware Products are the primary driver. The others are software Subscriptions and extended Warranty & Services.

Who are SolaX Power's main competitors?

Direct peers on record are GoodWe, Enphase Energy, Sungrow Power Supply, Growatt New Energy, AlphaESS, Pylontech and SolarEdge Technologies. Broad incumbents are Huawei Digital Power, Tesla Energy and SMA Solar Technology.

Does SolaX Power have an API?

Yes. SolaX offers developer access through its Developer Portal (developer.solaxcloud.com) and SolaXDesign tool (solaxdesign.solaxcloud.com) for project sizing. The platform integrates with SolaXCloud for user data management and supports Virtual Power Plant (VPP) integrations. Developer documentation is at developer.solaxcloud.com/home.

What industry is SolaX Power in?

SolaX Power's product category is Solar Energy Equipment. Its primary akta.pro industry code is EUAMAHAB, Solar Inverters, Power Optimizers & MLPE Manufacturing, with a secondary code of IMAGAHAE, Power Conversion Systems for Storage & Charging (PCS, bidirectional inverters, DC/DC). Its NAICS code is 33591 and its SIC code is 3600.

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Live signals
The Cool DownNew all-in-one off-grid battery targets homes stuck with diesel generators in Africa and AsiaSolaX Power will launch its AEGIS all-in-one off-grid battery system in Africa and Asia starting August, targeting remote areas with weak grids. The system offers 6-8kW models with a 16-kWh battery, EPS mode for brief peak output, and aerosol fire suppression. It is expandable to three units for 24kW output and 48kWh storage.ReneweconomyWhat five Fijian sparkies taught me about remote, off-grid solar and battery systemsSolaX Power Australia commissioned a 1.6 megawatt-hour off-grid solar battery system across three remote resorts in Fiji's Yasawa Islands, transitioning them from diesel reliance to renewable energy. The project prioritized intensive knowledge transfer and capacity building for five local electricians to ensure long-term independent maintenance of the infrastructure. This approach addresses the logistical challenges of servicing remote locations by creating self-sufficient local teams capable of handling faults without external support.Pv-magazine-australiaSolax unveils new energy management system for residential PVChinese solar manufacturer Solax Power has launched XHub, a new residential energy management system for rooftop PV systems that utilizes cloud-based AI to optimize battery charging and household energy costs. The compact device integrates five functional modules, including an edge computing gateway and smart meter, to analyze dynamic electricity prices and weather conditions for intelligent power dispatch. This launch aims to shorten the payback period for residential solar installations by minimizing peak consumption.Pv-magazineSolax unveils new energy management system for residential PVSolax Power, a Chinese solar manufacturer, has introduced a new residential energy management system called XHub, which uses AI to analyze dynamic electricity prices, weather conditions, household energy consumption, and grid status. The system integrates five core functional modules into a single compact device weighing 600g and is designed to optimize battery charging and discharging, reduce peak electricity consumption, and shorten the payback period of residential PV systems.Pv-magazineSolaX introduces AC-side V2H system at Intersolar Europe 2026SolaX Power introduced its Binary Series vehicle-to-home (V2H) system at Intersolar Europe 2026, claiming it to be the industry's first AC-side V2H solution that separates AC charging from controlled DC discharging for residential solar and storage applications. The system supports adjustable AC charging from 1.4 kW to 22 kW and allows the EV charger and inverter to be installed up to 50 meters apart, providing flexibility for residential installations where components may be located in different areas of the home. The Binary Series integrates with SolaX X1-VAST and X3-G4 Pro hybrid inverters and consolidates home battery and V2H charger management into a single application.Pv-magazineOff-grid solar and battery system delivers energy solution for remote Fiji islandsA 760 kW rooftop solar array and 1.6 MWh battery energy storage system deployed across three off-grid island resorts in Fiji's Yasawa archipelago by New Zealand solar company Future Energy has reduced diesel use by 35%, with full-year 2026 projected to deliver 50% diesel cost savings. The $1.61 million (NZD 1.96 million) project, using SolaX Power Australia battery units, was completed in phases from September 2025 to early 2026. Future Energy Director Alastair Mortensen stated the project demonstrates that fully off-grid solar and battery storage can deliver reliable energy in demanding conditions with compelling payback opportunities.The Cool DownSouth Australian retirement village wipes out community center power bill with one giant batteryWoodbridge Retirement Village in South Australia has installed a 100-kilowatt-hour integrated battery storage unit with solar panels at its community center, driving electricity costs down to effectively zero. The community center's annual electricity bill was approximately $21,000 in 2021 and was projected to reach roughly $45,000 by 2026 as of the article, with residents averaging 84 years old and largely on fixed incomes. The village's CEO and SolaX Power Australia's general manager suggest the model could be replicated across other retirement communities, businesses, and apartment developments to reduce grid strain and provide backup power during outages.openPR.comUtility Scale Energy Storage Inverters Market Size Propelled by 16.5% CAGR | By Major Players: Schneider Electric, Power Electronics, SolaX Power, SofarsolarThe article presents a market research report by Verified Market Reports projecting the utility-scale energy storage inverters market to grow from $1.2 billion in 2024 to $4.5 billion by 2033, representing a 16.5% CAGR. Market growth is driven by geopolitical tensions, energy security concerns, and increasing renewable energy integration, with China leading the market followed by the U.S., Germany, and Australia. Institutional investors are accelerating capital deployment into grid resilience assets, with emerging opportunities in Southeast Asia, the Middle East, and Latin America as the market transitions from cost-driven procurement to a strategic asset class.TechBullionTop 10 Solar Inverter and Energy Storage Suppliers for Home and Commercial Use: A 2026 Industry GuideThis 2026 industry guide evaluates and compares ten solar inverter and energy storage suppliers, highlighting SolaX Power as standing out for offering the broadest vertically integrated ecosystem spanning six product categories including inverters, batteries, commercial ESS, EV chargers, heat pumps, and microinverters. The guide assesses suppliers across product scope, global certifications (with SolaX holding over 1,100 certifications), service infrastructure, and field reliability, positioning it as a resource for homeowners, businesses, and installers. Global residential energy storage demand is accelerating, with the market projected to reach USD 201.83 billion by 2033 at a CAGR exceeding 20%, driven by declining battery costs, rising electricity price volatility, and supportive government policies across major markets.Pv-magazineSolaX Power validates system level safety through extreme testingSolaX Power's ORI 5 MWh energy storage system passed a full-scale deflagration test under UL 9540A:2025, with UL Solutions involved. Real battery cells were driven into thermal runaway, and the pressure-relief structure activated as designed, keeping the container intact. The results provide engineering evidence for system-level safety.