Must Power
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.
- Company typePrivate
- Founded1998
- HeadquartersFoshan, China
- Headcount501–1,000
- GTM typeB2B and B2C
- OfferingHardware or Manufacturing
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.
Must Power firmographics
Firmographics- 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
Must Power industry classification
Industry- 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
Where Must Power is headquartered
LocationHeadquarters
- HQ city
- Foshan
- HQ country
- China
- HQ region
- Asia
Offices12 records
Markets served
Must Power business model
Business model- 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
- Solar Inverters: Sale of off-grid, hybrid, and grid-tie solar inverters ranging from 300W to 50KW for residential, commercial, and industrial applications
- Lithium Battery Systems: Sale of LiFePO4 battery products including low voltage, high voltage, and portable power stations
- Energy Storage Systems (ESS): Sale of all-in-one ESS, commercial energy storage, and portable power stations for residential and commercial backup power
- UPS Systems: Sale of modular UPS, online UPS, and power UPS for critical power protection applications
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Request a Quote - Contact sales for pricing |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Must Power product offering
Product offeringCore 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
Companies that use Must Power
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
Must Power technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Must Power partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered regional and flagship.
- EGYPTA GROUPregionalRegional 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+ 2026flagshipMajor 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 2026regionalIndustry 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 PolandregionalMUST Energy Polska participated in Battery Forum Poland showcasing smart energy storage and power conversion solutions to industry professionals.
- Solar & Storage Live Philippines 2026regionalExhibition at SMX Convention Center Manila, Philippines on May 19-20, 2026 targeting Southeast Asian market expansion.
- 139th Canton FairflagshipMajor 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
Must Power competitors and assessment
Company assessmentBroad 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
Must Power social profiles
Digital presenceMust Power financial estimates
Financial estimateRevenue estimate
Valuation estimate
Must Power leadership team
Management profileNumber of profiles
Profiles1 record
Must Power funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Must Power M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Must Power
What does Must Power do?
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.
Is Must Power a public or private company?
Must Power is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Must Power founded?
Must Power was founded in 1998. It employs 501 to 1,000 people.
Where is Must Power based?
Must Power is headquartered in Foshan, China, in the Asia region.
How does Must Power make money?
Four revenue lines are on record. Solar Inverters are the primary driver. The others are lithium Battery Systems, energy Storage Systems (ESS) and UPS Systems.
Who are Must Power's main competitors?
Broad incumbents on record are Huawei Digital Power, Enphase Energy, SMA Solar Technology and Fronius. Direct peers are Ginlong Technologies (Solis), Sungrow, Sofar Solar, Deye, Growatt and Voltronic Power.
Does Must Power have an API?
No public API is recorded for Must Power.
What industry is Must Power in?
Must Power's product category is Solar Inverters and Energy Storage Systems. Its primary akta.pro industry code is EUAMABAE, Solar Inverters, Power Electronics & MLPE (String/Central Inverters, Optimizers, Microinverters), with a secondary code of EUAMAHAB, Solar Inverters, Power Optimizers & MLPE Manufacturing. Its NAICS code is 33531 and its SIC code is 3600.