Power Electronics

What Power Electronics does

Power Electronics is a Spanish privately held manufacturer of power conversion equipment, headquartered in Llíria, Valencia, and operating across five divisions: Solar (central and string inverters including the HEM and HEMK platforms with integrated medium-voltage switchgear, plus Freesun and Freemaq DC/DC converters and the PPC PRO power plant controller), Energy Storage (PCSM, Multi PCSM, PCSK, and Multi PCSK battery inverters for utility-scale BESS with grid-forming capability), Data Centers (the AIPCS 800V power supply converting medium voltage AC to 800 VDC at up to 98% efficiency), Mobility (EV chargers ranging from the 30 kW NBw30 to the 1.92 MW NBSK 1920 ultra-fast charger, plus MCS megawatt charging for heavy vehicles), and Industrial (medium-voltage XMV drives, SD series low-voltage drives, soft starters, and harmonic filters). The company has accumulated 170 GW of AC power installed globally as of mid-2026 and targets 190 GW by year-end, with 3,000+ employees and 22 wholly-owned subsidiaries across Europe, the Americas, Asia-Pacific, Africa, and the Middle East. Core technology differentiators include silicon carbide (SiC) semiconductor modules, grid-forming inverter capability developed for demanding grids like Australia, modular architectures with field-replaceable units (FRU), and the JC Star-1 cybersecurity certification required for Japan's critical infrastructure market.

The business model is hardware-led with an emerging service and software layer. Revenue is generated primarily through direct enterprise sales of capital equipment on a quote-based, project-by-project basis to utility-scale solar developers, BESS integrators, EV charging operators, data center operators, and industrial customers. Pricing is not publicly disclosed and varies by configuration, power capacity, and grid requirements. A recurring revenue stream is built around Power On Support, which provides 24/7 technical assistance, 24-hour spare parts delivery, a 25-year parts availability guarantee, and a dedicated legacy factory for discontinued product generations. The Power Cloud platform extends this into software-driven remote monitoring and management for EV charger networks. Distribution is exclusively direct, with no channel partners or resellers, supported by 60+ professionals in the UK alone and active participation in major industry trade shows such as The Smarter E Europe, Solar & Storage Live London, and ees Europe. The company is privately held under Power Electronics S.L., founder-controlled with Abelardo Salvo as the founding figure and David Salvo as Chief Executive Officer; it is funding a 300 million euro capacity expansion plan across Spain and the United States for 2024-2027, including a new Houston, Texas manufacturing facility, and has signaled it may relocate most production to Houston given that 70% of revenue comes from the American market.

Name

Power Electronics

Legal name

Power Electronics S.L.

Website

https://power-electronics.com

Company type

Private

Founded year

1986

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Power Electronics is a Spanish privately held manufacturer of power conversion equipment — solar and battery storage inverters, EV chargers, MV/LV drives, and 800V data center power supplies — serving utility, industrial, and mobility customers globally through direct enterprise sales, with 170 GW installed and 22 subsidiaries.

Ownership category

akta.pro rank

Product category

Power Electronics Equipment

NAICS

Electrical Equipment Manufacturing (33531), Electrical Equipment, Appliance, and Component Manufacturing (335), Switchgear and Switchboard Apparatus Manufacturing (335313)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600), Switchgear & Switchboard Apparatus (3613)

akta.pro primary industry

Power Electronics for Renewable & Grid-Tied Applications (Solar inverters, wind converters, grid-tie interfaces) (IMAGADAJ)

akta.pro secondary industries

Solar Inverters, Power Optimizers & MLPE Manufacturing (EUAMAHAB), Power Conversion Systems for Storage & Charging (PCS, bidirectional inverters, DC/DC) (IMAGAHAE), EV/Industrial Charging Power Electronics (Chargers, rectifiers, power stages) (IMAGADAF)

Keywords

• Solar inverters
• Battery energy storage
• Variable frequency drives
• EV charging stations
• Power conversion equipment

Headquarters

HQ city

Valencia

HQ country

Spain

HQ region

Europe

Offices26 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Power Electronics Hardware Sales: Sale of power electronics equipment including solar inverters (HEM, HEMK), battery storage inverters (PCSM, Multi PCSM, PCSK, Multi PCSK), EV charging stations (NBSK, NBi, NB, MCS), and industrial variable frequency drives (XMV, SD series). Revenue generated from equipment sales to utility-scale projects, commercial enterprises, and industrial customers.
2. After-Sales Service and Maintenance: Power On Support service offering including 24/7 technical assistance, spare parts delivery within 24 hours, warranty coverage with extension options, preventive maintenance packages, remote supervision, and legacy factory support for older equipment generations. Spare parts guaranteed for 25 years.
3. Plant Repotenciation and Retrofitting: Repowering services for aging photovoltaic plants, supplying next-generation equipment adapted to existing electrical configurations while maintaining compatibility with legacy installations.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Power Electronics designs, manufactures, and supplies power electronic equipment for solar, energy storage, e-mobility, and industrial applications. Its product portfolio includes string and central solar inverters, battery storage inverters, AC and DC EV chargers, and variable frequency drives used in motors and heavy industrial processes. The company sells complete skid-mounted solutions for utility-scale PV plants, storage plants, and data centers, alongside post-sale support and digital monitoring services.

Product overview

Power Electronics is a global manufacturer of power electronics solutions organized into five divisions: Solar (HEM, HEMK inverters; Freesun/Freemaq DC/DC converters; PPC PRO plant controller), Energy Storage (PCSM/Multi PCSM, PCSK/Multi PCSK battery inverters for utility-scale BESS), Data Centers (AIPCS 800V power supply, battery inverters, MV drives for cooling), Mobility (NBSK 1920 ultra-fast chargers to 1.92 MW, MCS for heavy vehicles, NBi/NB standalone fast chargers, AC chargers NB City/NB Wall), and Industry (XMV670/XMV660 MV drives, SD750 series LV drives, V6 soft starters, FQA/FQP harmonic filters). The company holds 170 GW of AC power installed globally.

Differentiator

Problem solved

Functional benefit

Brands

• Power On Support: 24/7 customer service and technical support division providing spare parts delivery, remote supervision, and maintenance services.
• MPOWER
• Cátedra Power Electronics
• MBATT
• Power Cloud

Products and services

• HEM Solar Inverter
• Freesun DC/DC Converter
• Freemaq DC/DC Converter
• MV Skid Compact
• Twin Skid Compact
• PCSM / Multi PCSM Battery Inverter
• PCSK / Multi PCSK Battery Inverter
• PPC PRO Power Plant Controller
• NBSK 1920 Battery Storage Inverter
• MCS EV Charging Solution
• NBi / NB Series EV Chargers
• XMV670 Variable Frequency Drive
• SD Series Variable Frequency Drives
• AIPCS Data Center Power Solution
• Power On Support Service
• Power Cloud Monitoring Platform

Quantifiable outcome

• 170 GW AC installed capacity globally as of mid-2026
• +5 more outcomes

Named customers2 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Four partnerships are on record, tiered major, core and minor.

• Japanese Power Grid Operators and AgenciesmajorTechnology or Integration · 1 April 2026Power Electronics obtained JC Star-1 cybersecurity certification meeting strict requirements from Japanese agencies and power companies for critical infrastructure equipment. Currently deploying 23 BESS projects in Japan.
• Universitat de ValènciacoreStrategic or Co-development PartnerJoint development of MPOWER Master's program in Energy Transformation. Power Electronics partners with university to develop specialized talent while contributing to renewable energy education and research.
• Universitat Politècnica de València (UPV)coreStrategic or Co-development PartnerCátedra Power Electronics collaboration for joint research, conferences, and talent development in power electronics and renewable energy. Develops activities of general interest for the university community.
• EkoakuaminorImplementation/ SI/ Consulting PartnerEkoakua serves as an Official Power Electronics Service Partner for Iberia territory, providing authorized service and technical support for industrial drive products.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• FIMER: Italian manufacturer of solar inverters (acquired ABB's solar inverter business). Highly comparable as a European-headquartered inverter specialist with overlapping utility and commercial product lines.
• GoodWe: China-headquartered solar inverter and storage PCS manufacturer with significant global market share. Comparable across residential, C&I, and utility-scale product tiers, including hybrid inverters and BESS inverters.
• Sungrow Power Supply: China-based global leader in solar inverters and energy storage power conversion systems. Directly comparable to Power Electronics across utility-scale PV inverters, BESS PCS, and grid-forming technology, with similar product families and overlapping customers.
• ABB E-mobility: Global EV charging infrastructure provider overlapping with Power Electronics' NB and NBSK ultra-fast charger product lines and MCS megawatt charging solution. Direct competitor in depot and highway-corridor charging.
• Sineng Electric: China-based manufacturer of string and central solar inverters plus energy storage PCS. Directly comparable in product mix and utility-scale customer base, often competing for the same MW-scale tenders.
• SMA Solar Technology: German inverter manufacturer with deep utility-scale solar and storage PCS overlap. Highly comparable in product portfolio (solar inverters, battery inverters, grid-forming capabilities) and in European manufacturing heritage competing in the same tenders.

Broad incumbents

• Schneider Electric: Global electrical equipment giant overlapping in solar inverters, BESS, EV charging, data center power (including 800V architecture), and industrial drives. Comparable across nearly every Power Electronics division at much larger scale.
• Huawei Digital Power: Division of Huawei offering solar inverters, smart PV, BESS, EV charging, and data center power. Overlaps with Power Electronics across nearly every business segment at much larger scale and with broader geographic reach.
• Hitachi Energy (ABB Power Grids): Large established player in grid power electronics including BESS PCS, HVDC, and grid-forming inverters. Comparable technology stack at much larger scale; competes for the same utility-scale grid-tied storage tenders.
• Vertiv Holdings: Specialist in data center power, thermal management, and IT infrastructure. Comparable to Power Electronics' AIPCS 800V data center division and battery inverter UPS applications; both serve hyperscaler and colocation customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/PowerElectronicsUSA
• LinkedInlinkedin.com/company/power-electronics
• Instagraminstagram.com/lifeatpe
• Xx.com/PE_EasyToDrive

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries26 records

Funding overview

Funding rounds1 record

Investors

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

M&A

Investments

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

Frequently asked questions about Power Electronics