SolarEdge has been the market leader in solar inverters for a long time, but other solaredge inverter competitors brands are now giving them a lot of trouble. This blog post will talk about all of the main SolarEdge inverter rivals in 2024.
SolarEdge is known for its cutting-edge technology as well as high efficiency and dependable performance. Many homes and solar contractors choose them because of their DC optimizers and module-level tracking. But in the past few years, other companies have stepped up their game and now offer strong options to SolarEdge.
We will look at the good and bad points of each brand as well as the differences between them and SolarEdge in important ways such as price as well as guarantee coverage and efficiency. You’ll have a good idea of the solar inverter market in 2024 and which choice might work best for your home or business by the end. In light of this, let us look at the top SolarEdge players in the solar inverter market right now.
Top SolarEdge Inverter Competitors
Enphase: The Powerhouse of Microinverters
Enphase, a leader in microinverter technology, is one of SolarEdge’s main rivals. Since 2006, Enphase has been a star in the solar business. Their microinverters are known for being reliable, efficient, and simple to set up.
With a 97.5% CEC grade for energy economy, Enphase’s IQ8 microinverter is made for high-power solar systems. Enphase also backs up its microinverters with a guarantee that lasts between 15 and 25 years. This gives families peace of mind.
One of the best things about Enphase microinverters is that they can make each solar cell work better on its own. This can help them make more energy than string inverters, especially when they are in the shade or partly blocked.
Enphase microinverters, on the other hand, can be more expensive than string inverters, and the system may also cost more because it needs extra parts like the Enphase IQ Combiner. Microinverters might not work with all solar setups either, especially bigger ones with a lot of cables.
Fronius: The Austrian Innovator
Fronius an Austrian company known for making high-quality, new inverters, is another strong competitor to SolarEdge. Clean Energy Reviews named the Fronius GEN24 hybrid inverter as the best solar inverter of 2024.
The GEN24 can work in a mixed mode which means it can use both solar power and battery storage. It is also designed to be useful which makes it easy to fix and maintain. The Dynamic Shade mode makes solar panels work better even when they are in the shade.
Fronius inverters come with a 10-year guarantee that can be extended to 20 or 25 years. They are known for being reliable and long-lasting. They also have very high-efficiency scores; the GEN24 has a peak efficiency of 97.9%.
One possible problem with Fronius transformers is that they cost more than some other brands. Also, some places don’t have as many of them which could make it harder for some dealers to find them.
Sungrow: The Chinese Giant
Speaking of Sungrow, the Chinese giant Sungrow is fairly new to the US market, but they have quickly become a big player in the solar inverter area. Finally, the Sungrow SG-RS series, which came in at number three on Clean Energy Reviews’ list, has many useful features at a reasonable cost.
The SG-RS line has up to 3 MPPTs, which gives system designers more options for how to set up their systems. The SG-RS line of Sungrow inverters can reach a peak efficiency of 98.6%, making them well-known for their high efficiency.
One of the best things about Sungrow inverters is that they are less expensive than some other brands. They come with a normal 10-year guarantee, which is about the same as what other companies give. With over 182 GW of total power around the world, Sungrow also has a strong foothold in many other countries.
But Sungrow is a newcomer to the US market, and some operators might not want to use a name that isn’t as well known. Concerns have also been raised about how reliable Sungrow transformers will be in the long term compared to those made by companies with more experience.
SMA: The German Powerhouse
One of the most well-known and respected names in the solar inverter business is SMA, a German powerhouse that is known for its quality and dependability. A lot of people choose the SMA Sunny Boy line for their home solar setups. It ranked #4 on the Clean Energy Reviews list.
The Sunny Boy line has a high-quality design that was made in Germany. It also has a setting called Shadefix that lessens the effects of shade. With a 5+5 year guarantee as normal, SMA inverters are known for being strong and lasting a long time.
One great thing about SMA inverters is that they have a good reputation for being reliable and high-quality. There is a history of good work from them in the solar business going back more than 40 years. There are also a lot of SMA inverters on the market, and a lot of experts can help you set them up.
On the other hand, SMA transformers might cost more than other brands, and they might not have as many advanced features as other brands. Also, the promise only covers 5 years, which is less than some other brands’ warranties that cover 5+5 years.
Huawei: The Big Tech Company’s Entry
Huawei is better known for making smartphones and other tech for phones, but their SUN2000 line solar inverters are also available. There are many functions in the SUN2000 series, such as mixed operation, up to 3 MPPTs, and DC optimizers that can be added as an option.
Huawei inverters are known for having cutting-edge technology and easy-to-use controls. They come with a normal 10-year guarantee, which is about the same as what other companies give. Huawei is also well known around the world; over 1.5 million transformers have been put there. But Huawei is a fairly new company in the solar inverter market, and some operators might not want to use a name that isn’t mostly focused on solar. There are also worries about how reliable Huawei transformers will be in the long term compared to brands that have been around longer.
Goodwe: The Affordable Alternative
One more Chinese company that has made a name for itself in the solar inverter business is Goodwe. Clean Energy Reviews put the Goodwe DNS G3 series sixth on their list. It has a lot of features at a price that most people can afford.
The DNS G3 series has an LCD screen that makes tracking and fixing problems easy. It also has a setting called “Shadow Scan” which lessens the effects of coloring. High efficiency is something that Goodwe inverters are known for. The DNS G3 series can reach a peak efficiency of 98.4%.
One of the best things about Goodwe transformers is that they are less expensive than some other brands. They come with a normal 10-year guarantee, which is about the same as what other companies give. Goodwe is also well known around the world; over 2 million transformers have been put there.
But Goodwe is a newcomer to the US market, and some builders might not want to use a name that isn’t as well known. Concerns have also been raised about how reliable Goodwe transformers will be in the long term compared to those made by more well-known companies.
Conclusion
In conclusion, SolarEdge has been the market leader for solar inverters for a long time but now a lot of other top brands are giving them a lot of trouble. Enphase, Fronius, Sungrow, SMA, Huawei, and Goodwe are all great options to SolarEdge. Each has its own features, guaranteed coverage, and rate of how efficient it is. It is important to think about your budget as well as the size and plan of your solar system and your long-term energy goals when picking a solar inverter.
Now, in 2024, there are more good choices than ever before, so now is the best time to go solar and take charge of your energy future. Today, get a quote for installing solar panels. You’ll save money on your energy bills and help the world at the same time.