Must Power

What Must Power does

Must Energy (Guangdong) Technology Co., Ltd, doing business as MUST or MUST Energy and branded internationally as Must Power, is a privately held Chinese manufacturer of solar inverters, lithium-iron-phosphate (LiFePO4) battery systems, and integrated energy storage solutions (ESS). The company operates a 50,000+ square-meter production and research base in Foshan, Guangdong, supported by a Shenzhen sales branch, with stated monthly production capacity exceeding 60,000 units and a workforce of over 1,000 employees. Its product portfolio spans off-grid, hybrid, and grid-tie solar inverters ranging from 300W portable units to 50KW commercial three-phase systems, low-voltage and high-voltage LiFePO4 batteries (up to 800V), modular uninterruptible power supply (UPS) systems, and stackable all-in-one ESS units combining hybrid inverters with battery modules scalable from 5.12kWh to 15.3kWh per stack. Differentiated technical features include proprietary Maximum Power Point Tracking (MPPT) solar charge controllers, IP65/IP66 weatherproof inverter ratings, explosion-proof LiFePO4 battery architecture with optional fire suppression, parallel scalability of up to 16 units (yielding 192KW inverter or 241kWh battery systems), and built-in connectivity via WiFi, Bluetooth, RS485, and CAN for remote monitoring. The platform is segmented by voltage architecture for European (230V), American (120V split-phase), and standard 220V markets.

MUST generates revenue through wholesale hardware sales of solar inverters, lithium battery systems, ESS units, and UPS systems, primarily via a quote-based pricing model with no public price disclosure. Its go-to-market motion is channel-partner-led, operating through a global distributor network with local offices or representatives in Poland, Brazil, Thailand, Panama, Ukraine, Zambia, Nigeria, South Africa, Egypt, and Zimbabwe, supplemented by regional sales hotlines for Asia and Africa, WhatsApp-based dealer engagement, and dedicated email channels for sales ([email protected]) and service ([email protected]). The company generates top-of-funnel demand through an active international exhibition program including SNEC PV+ 2026 Shanghai, Power & Elec Uganda 2026, Battery Forum Poland, Solar & Storage Live Philippines 2026, and the 139th Canton Fair, alongside social media presence (Facebook, Twitter/X, Instagram, YouTube, LinkedIn) and content marketing via the company website. Its customer base spans three primary use-case segments: residential homeowners seeking backup power and solar self-consumption, commercial and industrial facilities needing demand-charge management and microgrids, and off-grid or remote properties lacking stable grid access, with the off-grid and African market positioning suggesting a strategic emphasis on emerging-market electrification.

Name

Must Power

Legal name

Must Energy (Guangdong) Technology Co., Ltd

Website

https://mustpower.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Must Energy is a privately held Chinese manufacturer of hybrid solar inverters, LiFePO4 batteries, and integrated energy storage systems, selling through a global distributor network to residential, commercial, industrial, and off-grid customers across Africa, Asia, Europe, and the Americas.

Ownership category

akta.pro rank

Product category

Solar Inverters and Energy Storage Systems

NAICS

Electrical Equipment Manufacturing (33531), Battery Manufacturing (33591), Motor and Generator Manufacturing (335312)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600), Power, Distribution & Specialty Transformers (3612), Instruments For Meas & Testing Of Electricity & Elec Signals (3825)

akta.pro primary industry

Solar Inverters, Power Electronics & MLPE (String/Central Inverters, Optimizers, Microinverters) (EUAMABAE)

akta.pro secondary industries

Solar Inverters, Power Optimizers & MLPE Manufacturing (EUAMAHAB), Energy Storage Components for Renewables Manufacturing (BESS Packs, PCS, Thermal Management) (EUAMAHAI), Renewable Monitoring, Controls & SCADA Hardware Manufacturing (Sensors, RTUs, Meters) (EUAMAHAJ)

Keywords

• Solar inverter manufacturing
• Energy storage systems
• Lithium battery products
• Off-grid power solutions
• Uninterruptible power supplies

Headquarters

HQ city

Foshan

HQ country

China

HQ region

Asia

Offices12 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Solar Inverters: Sale of off-grid, hybrid, and grid-tie solar inverters ranging from 300W to 50KW for residential, commercial, and industrial applications
2. Lithium Battery Systems: Sale of LiFePO4 battery products including low voltage, high voltage, and portable power stations
3. Energy Storage Systems (ESS): Sale of all-in-one ESS, commercial energy storage, and portable power stations for residential and commercial backup power
4. UPS Systems: Sale of modular UPS, online UPS, and power UPS for critical power protection applications

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Must Power (MUST Energy) manufactures and sells a comprehensive range of solar power electronics and energy storage hardware, including off-grid solar inverters (300W to 50KW), on/off-grid hybrid solar inverters, MPPT solar charge controllers, grid-tie inverters, LiFePO4 lithium battery systems (low voltage and high voltage), all-in-one stackable energy storage systems (ESS), portable power stations, commercial and industrial battery energy storage systems (BESS), and uninterruptible power supplies (UPS). The company designs and produces these products at its 50,000+ sqm factory in Foshan, China with 60,000+ units monthly capacity, distributing them globally through a network of regional distributors and dealers serving residential, commercial, industrial, and off-grid customers.

Product overview

MUST (Must Power) is a Hybrid Solar Inverter and Energy Storage System (ESS) manufacturer with over 20 years of expertise. The company operates a 50,000+ sqm production facility with 1,000+ employees and monthly capacity of 60,000+ units. Their product portfolio encompasses: ESS solutions including All-in-One ESS systems, Portable Power Stations, and Commercial & Industrial BESS; Solar Inverters spanning Off Grid Solar Inverters (PV9000 HM Series, PV1800 PREM Series, PV3300 TLV Series), On/Off Grid Hybrid Solar Inverters (PH1100 EU Series, PH1900 EXP Series), and Off Grid Power Inverters (EP and PI Series); Lithium Battery products including Low Voltage (LP1600, LP2800, LP2900, LP3000 Series) and High Voltage systems; and UPS solutions (Modular, Online, and Power UPS). Products support global markets with variants for European (230V single/three-phase), American (120V split-phase), and standard 220V requirements. Key features include IP65/IP66 weatherproof ratings, parallel scalability up to 16 units, built-in WiFi/Bluetooth/CAN/RS485 connectivity, and LiFePO4 battery technology with 6000-8000+ cycle lifespans.

Differentiator

Problem solved

Functional benefit

Products and services

• Energy Storage Systems (ESS)

Quantifiable outcome

• Peak efficiency up to 97.5%
• +3 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Six partnerships are on record, tiered regional and flagship.

• EGYPTA GROUPregionalChannel Partner/ Reseller/ DistributorRegional distribution partner covering Egypt and potentially wider North Africa region. Located at 90D Ahmed Orabi St., Mohandissen, Giza, Egypt with contact +20 1500991991.
• SNEC PV+ 2026flagshipStrategic or Co-development PartnerMajor industry exhibition partnership at National Exhibition and Convention Center, Shanghai, China from June 3-5, 2026. MUST exhibited at Hall 6.1, Booth E630 showcasing their full product range.
• Power & Elec Uganda 2026regionalStrategic or Co-development PartnerIndustry exhibition partnership at Multi-Purpose Hall, UMA Show Grounds, Kampala, Uganda from July 9-11, 2026. MUST exhibited at Booth B32 targeting East African market.
• Battery Forum PolandregionalStrategic or Co-development PartnerMUST Energy Polska participated in Battery Forum Poland showcasing smart energy storage and power conversion solutions to industry professionals.
• Solar & Storage Live Philippines 2026regionalStrategic or Co-development PartnerExhibition at SMX Convention Center Manila, Philippines on May 19-20, 2026 targeting Southeast Asian market expansion.
• 139th Canton FairflagshipStrategic or Co-development PartnerMajor trade fair partnership at Hall 15.2, Booth B03-5 showcasing Split Phase Solar Inverters, Hybrid Energy Storage Solutions, and Single Phase Solar Inverters from April 15-19, 2026.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Huawei Digital Power: Dominant Chinese smart PV and storage player with much larger R&D and brand; overlaps with MUST in hybrid inverters and C&I ESS but serves a broader portfolio and is far larger in scale.
• Enphase Energy: US-based microinverter and battery storage company; adjacent competitor to MUST in the residential solar+storage category but with a fundamentally different (microinverter) technology approach.
• SMA Solar Technology: German inverter and storage incumbent; overlaps with MUST in residential and commercial hybrid inverter/storage but operates at higher price points and with stronger Western brand equity.
• Fronius: Austrian manufacturer of solar inverters and energy storage; competes with MUST in residential and C&I hybrid segments, particularly across European markets.

Direct peers

• Ginlong Technologies (Solis): Chinese string inverter manufacturer with growing storage portfolio; directly comparable product line and channel strategy to MUST across global markets.
• Sungrow: China-headquartered inverter and ESS manufacturer with global distribution; competes head-on with MUST across hybrid inverters and C&I battery storage in overlapping emerging markets.
• Sofar Solar: Shenzhen-based manufacturer of grid-tie and hybrid inverters with storage; competes in similar residential and C&I segments as MUST, with overlapping distributor-led go-to-market.
• Deye: Chinese hybrid inverter and energy storage manufacturer with strong presence in off-grid and residential markets; directly comparable to MUST in product mix (hybrid inverters + LiFePO4 ESS) and target customer segments.
• Growatt: Shenzhen-based manufacturer of residential, commercial and grid-tie solar inverters plus storage solutions; the most directly comparable competitor in product line, channel model (distributor-heavy), and customer base to MUST.
• Voltronic Power: Manufacturer of inverters, UPS and solar inverter/chargers with strong presence in off-grid and emerging markets; directly comparable to MUST's lower-power inverter/charger and UPS product lines.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/mustpower_ltd
• YouTubeyoutube.com/@MUSTENERGY
• Facebookfacebook.com/mustsolarpower
• LinkedInlinkedin.com/company/must-power
• Instagraminstagram.com/mustenergygroup

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

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 Must Power