Marstek
Marstek Energy is a Shenzhen-based, vertically integrated Chinese manufacturer of LFP-based residential and balcony energy storage systems, portable power stations, and consumer power banks, selling direct-to-consumer in the EU and US, through 100+ European dealers, and via white-label OEM supply to retailers such as Lidl.
- Company typePrivate
- Founded2009
- HeadquartersMong Kok, Hong Kong SAR China
- Headcount1,001–5,000
- GTM typeB2C
- OfferingHardware or Manufacturing
What Marstek does
Marstek Energy Co., Limited is a vertically integrated Chinese energy storage manufacturer, established in 2009 and headquartered in Shenzhen with corporate registration in Hong Kong. The company designs and produces a broad LFP (lithium iron phosphate) battery portfolio covering plug-in balcony energy storage systems, residential energy storage systems (ESS), portable power stations, solar generators, micro inverters, consumer power banks, and USB-C rechargeable batteries. Marstek's technical foundation rests on a proprietary V-Boost high-voltage architecture (550V–1000V), integrated MPPT inverters, bidirectional charging, and an AI-driven energy management system that supports time-of-use optimization, anti-feed-in control, and Virtual Power Plant (VPP) participation. The company claims hardware firsts including the VENUS B (world's thinnest plug-in ESS at 8.6 cm) and VENUS E MAX (world's first 10 kWh all-in-one plug-in battery), and operates in-house R&D, testing, and production capabilities at its Shenzhen facility.
Marstek serves three core customer segments: European residential homeowners with balcony solar installations (the primary segment), homeowners seeking whole-home energy backup, and consumer/prosumer buyers of portable power solutions. The company operates a multi-channel go-to-market combining direct-to-consumer e-commerce storefronts in the EU and US, a network of more than 100 European dealers and installation partners, white-label OEM supply to mass-market retailers — most notably Lidl Germany, which sells a Marstek-manufactured 2.24 kWh battery under the Tronic brand at €299 — and trade show-driven B2B lead generation at Intersolar Europe, CES, EES Europe, and Solar Solutions Amsterdam. Revenue is generated almost entirely through hardware sales across five product streams: residential ESS, portable power stations, consumer power banks and rechargeable batteries, white-label OEM supply, and micro inverter/accessory sales, with unit pricing ranging from approximately €199–€299 for white-label entry products up to €1,999 for mid-range balcony systems.
Marstek is privately held with no disclosed external institutional funding and is founder-led (Peter Glasder, Founder). Reported headcount of 1,001–5,000 employees indicates mid-to-large manufacturing scale. Recent activity through 2026 — a new Shenzhen headquarters with vertically integrated R&D and production, the VENUS E family launch at Intersolar Europe with capacities up to 30 kWh, and the Lidl white-label partnership — signals a transition from niche balcony-storage specialist toward a scaled OEM/ODM hardware player. Key risks include regulatory dependence on European dynamic-tariff and balcony-solar policies, opaque exposure to the Lidl OEM anchor, limited financial transparency, and AI/EMS parity risk versus competitors with stronger data and software assets.
Marstek firmographics
Firmographics- Name
- Marstek
- Legal name
- Marstek Energy Co., Limited
- Website
- https://marstekenergy.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Marstek Energy is a Shenzhen-based, vertically integrated Chinese manufacturer of LFP-based residential and balcony energy storage systems, portable power stations, and consumer power banks, selling direct-to-consumer in the EU and US, through 100+ European dealers, and via white-label OEM supply to retailers such as Lidl.
- Ownership category
- akta.pro rank
Marstek industry classification
Industry- Product category
- Residential Energy Storage
- NAICS
- Battery Manufacturing (33591), Small Electrical Appliance Manufacturing (335210)
- SIC
- Electronic & Other Electrical Equipment (No Computer Equip) (3600), Electronic Components & Accessories (3670)
- akta.pro primary industry
- Battery Modules & Packs (Industrial/Commercial pack assembly) (IMAGAHAB)
- akta.pro secondary industries
- Residential / Behind-the-Meter Storage Installation & Integration (EUAEAEAC), Batteries & Battery Packs (Rechargeable/Primary, Device-Specific Packs) (CRACATAG), Battery Cells (Li-ion, LFP, Sodium-ion, Lead-acid, NiMH) (IMAGAHAA)
Keywords
Where Marstek is headquartered
LocationHeadquarters
- HQ city
- Mong Kok
- HQ country
- Hong Kong SAR China
- HQ region
- Asia
Offices1 record
Markets served
Marstek business model
Business model- GTM type
- B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Energy Storage Systems (ESS) — Residential & Balcony: Sale of plug-in batteries, balcony energy storage systems, and residential ESS products including VENUS (A, B, D, E, G, X), JUPITER (C, C Plus, E), MARS (I, I Plus, II) series. Products range from entry-level 2 kWh balcony batteries to 15 kWh whole-home storage systems with integrated inverters.
- Portable Power Stations & Solar Generators: Sale of portable power stations (MERCURY M1200, M2200) and solar generators (V500, M5000, P5000) targeting outdoor lifestyle, emergency backup, and prosumer markets.
- Consumer Power Banks & Rechargeable Batteries: Sale of consumer electronics power banks (P265L, P267L, P269D, P288D, P319D, P326D, P327D, P333D, P334D) and USB-C rechargeable AA/AAA batteries targeting everyday consumer mobile power needs.
- White-Label/OEM Battery Supply: Marstek manufactures and supplies white-labelled battery products to third-party retailers. The Lidl Tronic 2.24 kWh battery at €299 is a prominent example, representing OEM revenue from large retail distribution channels.
- Micro Inverters & Accessories: Sale of SATURN-M micro inverters (600W–2000W), smart meters (CT002, CT003), flexible solar panels (APOLLO-A), and accessory products that complement the core energy storage product lines.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | VENUS E Mini — Entry-level plug-in battery (2 kWh) |
| Unit Pricing | Pay-as-you-go | VENUS A — All-in-One Balcony ESS (up to 12.72 kWh) |
| Unit Pricing | Pay-as-you-go | VENUS D — Mid-range balcony storage (4 kW) |
| Unit Pricing | Pay-as-you-go | VENUS E GEN 3.0 — Mid-range plug-in ESS |
| Unit Pricing | Pay-as-you-go | JUPITER C Plus — All-in-One expandable balcony system |
| Unit Pricing | Pay-as-you-go | B2500 — Micro energy storage system (800W) |
| Unit Pricing | Pay-as-you-go | Lidl Tronic branded battery (white-label) |
Go-to-market motion4 records
Distribution channels4 records
Marketing channels8 records
Marstek product offering
Product offeringCore offering
Marstek designs, manufactures, and sells lithium iron phosphate energy storage hardware and power electronics for residential and portable applications. Its lineup spans plug-in balcony energy storage systems (VENUS E, VENUS E MAX, VENUS B), home battery series (JUPITER, MARS), SATURN micro-inverters, MERCURY portable power stations, V500/M5000 solar generators, APOLLO-A flexible solar panels, and USB-C Li-ion power banks. Products are sold to European homeowners, renters, and outdoor users via direct e-commerce and dealer networks, and to retail partners through OEM/white-label supply.
Product overview
MARSTEK offers a comprehensive portfolio of energy storage and power solutions spanning residential ESS, balcony storage systems, portable power stations, solar generators, power banks, and micro inverters. The VENUS series forms the core product line with multiple tiers: VENUS E (plug-in batteries from 2kWh to 30kWh including E Mini, E 4.0, E MAX, E Pro), VENUS A/D (balcony ESS with MPPT), VENUS G/X (AC-coupled storage), and VENUS B (ultra-slim plug-in). The MARS series provides larger residential systems (single and three-phase up to 15kW), while JUPITER offers expandable balcony storage. Power stations (MERCURY series) and solar generators (V500, M5000) address portable and backup power needs. The product ecosystem is unified by AI-powered energy management with smart monitoring apps and smart meter integration.
Differentiator
Problem solved
Functional benefit
Brands
- VENUS: Product family for plug-in batteries and residential energy storage systems including VENUS E Mini, VENUS E 4.0, VENUS E MAX, VENUS E Pro, VENUS A, VENUS D, VENUS G, VENUS X, VENUS B
- JUPITER
- MARS
- SATURN
- MERCURY
- APOLLO
Products and services
- VENUS E Plug-in Balcony Energy Storage Plug-in LFP balcony energy storage system designed for European renters and homeowners to add solar self-consumption storage without rooftop installation or major electrical work.
- VENUS E MAX Higher-capacity variant of the VENUS E plug-in balcony LFP storage system, targeting residential solar self-consumption for European households needing more usable capacity.
- VENUS B Balcony ESS VENUS B plug-in balcony energy storage system for residential solar self-consumption, designed for grid-compliant installation in European apartment and rental settings.
- VENUS B Balcony Storage Variant Additional VENUS B balcony storage variant covering renter-friendly residential solar applications in Europe.
- JUPITER Series Home Battery JUPITER series LFP home battery system for residential solar self-consumption and backup, complementing the VENUS balcony line.
- MARS Series Home Battery MARS series LFP home battery for residential solar-plus-storage applications within Marstek's residential product family.
- SATURN Solar Micro-inverter SATURN solar micro-inverter converting module-level DC output to grid-compliant AC for residential and balcony solar installations.
- MERCURY Portable Power Station MERCURY portable power station delivering AC/DC/USB output from an integrated LFP battery pack for camping, off-grid, and emergency-backup use.
- V500 Solar Generator V500 solar generator pairing an integrated LFP battery with solar input for portable off-grid and emergency power.
- M5000 Solar Generator M5000 higher-capacity solar generator for portable, off-grid, and emergency-backup applications requiring larger battery capacity than the V500.
- APOLLO-A Flexible Solar Panel APOLLO-A flexible solar panel for solar-recharging Marstek portable power stations and generators, targeted at outdoor and off-grid users.
- USB-C Lithium-ion Power Bank USB-C lithium-ion power bank for consumer device charging on the go, complementing Marstek's broader portable-power lineup.
- White-label/OEM Residential Energy Storage Units White-label/OEM energy storage hardware manufactured by Marstek and sold under retailer house brands (e.g., Lidl), enabling mass-market retail distribution of certified residential storage.
Quantifiable outcome
- Annual electricity cost savings of up to €1,797 through AI-powered time-of-use management and anti-feed-in technology
- +3 more outcomes
Companies that use Marstek
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles3 records
Marstek technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
AI capability3 records
Feature6 records
Marstek partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- European Distributors & Partners (100+)Marstek's VENUS family launch event in Shenzhen welcomed over 100 distributors, partners, and industry guests from across Europe, indicating a substantial and growing European distribution network for Marstek's energy storage products.
- LidlcoreLidl launched a 2.24 kWh solar battery storage unit under its private-label Tronic brand at €299 (with €100 Lidl Plus app discount). The product is a white-labelled Marstek battery, compatible with 99% of microinverters and balcony PV systems, sold in Lidl stores in Germany and online.
- Shenzhen Technology UniversityminorMarstek partnered with Shenzhen Technology University to establish a Joint AI Internship Base, enabling collaboration on AI applications for new energy technology and providing internship opportunities for students. This partnership supports Marstek's AI-driven energy management technology development.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Marstek competitors and assessment
Company assessmentBroad incumbents
- BYD Energy Storage: BYD is a vertically integrated battery and ESS giant with residential and balcony-oriented products in Europe. As a fellow Chinese-headquartered battery manufacturer with global distribution, it is a comparable cost-competitive threat to Marstek's VENUS and JUPITER lines.
- Sungrow: Sungrow is one of the world's largest PV inverter manufacturers with a growing residential storage portfolio. It competes with Marstek in residential ESS channels, particularly through installer networks in Europe, and dwarfs Marstek in scale and capital.
- Enphase Energy: Enphase is a global leader in microinverters and IQ Battery residential storage, with strong installer relationships in Europe and the US. Marstek's SATURN-M microinverters and VENUS balcony storage compete for the same installer-driven distribution and end customers.
- Tesla Energy (Powerwall): Tesla Powerwall is the benchmark residential home battery globally, with growing penetration in Europe. While not a direct balcony-storage competitor, it defines the upper bound of consumer expectations for home energy storage that Marstek's MARS and VENUS X must differentiate against.
- SolarEdge: SolarEdge offers residential inverters and battery storage (Energy Bank) with broad installer networks across Europe. As a broader incumbent in residential solar + storage, it competes with Marstek's full-system VENUS and MARS residential ESS offerings.
Direct peers
- Zendure: Zendure's SolarFlow balcony storage product line directly overlaps Marstek's VENUS series in target market (European homeowners with balcony PV), plug-and-play form factor, and microinverter compatibility. Both compete on price and ease of installation.
- Jackery: Jackery is a leading portable power station brand (Explorer series) competing directly with Marstek's MERCURY M1200/M2200 and V500 portable products in outdoor and emergency power use cases.
- Bluetti: Bluetti markets portable power stations and home backup batteries (AC200, EP series) overlapping Marstek's MERCURY portable stations and VENUS residential ESS lines. Direct competition in EU and US consumer and prosumer channels.
- EcoFlow: EcoFlow is a Chinese-founded competitor offering portable power stations (DELTA, RIVER) and home battery systems (PowerOcean) that compete head-to-head with Marstek's MERCURY and MARS/VENUS product families in both European and US channels.
- Anker SOLIX: Anker SOLIX spans portable power stations and home battery systems (e.g., Solarbank) targeting the same prosumer and residential solar customer. Overlaps with Marstek's MERCURY portable stations and VENUS balcony ESS lines, leveraging strong consumer brand equity.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Marstek social profiles
Digital presenceMarstek financial estimates
Financial estimateRevenue estimate
Valuation estimate
Marstek leadership team
Management profileNumber of profiles
Profiles1 record
Marstek funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Marstek 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 Marstek
What does Marstek do?
Marstek designs, manufactures, and sells lithium iron phosphate energy storage hardware and power electronics for residential and portable applications. Its lineup spans plug-in balcony energy storage systems (VENUS E, VENUS E MAX, VENUS B), home battery series (JUPITER, MARS), SATURN micro-inverters, MERCURY portable power stations, V500/M5000 solar generators, APOLLO-A flexible solar panels, and USB-C Li-ion power banks. Products are sold to European homeowners, renters, and outdoor users via direct e-commerce and dealer networks, and to retail partners through OEM/white-label supply.
Is Marstek a public or private company?
Marstek is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Marstek founded?
Marstek was founded in 2009. It employs 1,001 to 5,000 people.
Where is Marstek based?
Marstek is headquartered in Mong Kok, Hong Kong SAR China, in the Asia region.
How does Marstek make money?
Five revenue lines are on record. Energy Storage Systems (ESS) — Residential & Balcony is the primary driver. The others are portable Power Stations & Solar Generators, consumer Power Banks & Rechargeable Batteries, white-Label/OEM Battery Supply and micro Inverters & Accessories.
Who are Marstek's main competitors?
Broad incumbents on record are BYD Energy Storage, Sungrow, Enphase Energy, Tesla Energy (Powerwall) and SolarEdge. Direct peers are Zendure, Jackery, Bluetti, EcoFlow and Anker SOLIX.
Does Marstek have an API?
No public API is recorded for Marstek.
What industry is Marstek in?
Marstek's product category is Residential Energy Storage. Its primary akta.pro industry code is IMAGAHAB, Battery Modules & Packs (Industrial/Commercial pack assembly), with a secondary code of EUAEAEAC, Residential / Behind-the-Meter Storage Installation & Integration. Its NAICS code is 33591 and its SIC code is 3600.