Sofar Solar - About the company
Sofar Solar is a public company based in Wuxi (China), founded in 2012. It operates as an Inverter manufacturer for the solar industry. The company has 19 active competitors, including 5 funded and 3 that have exited. Its top competitors include companies like SolarEdge, Enphase Energy and APsystems.
Company Details
Sofar Solar is a subsidiary of the Sofar group which is a technology developer in communications and renewable energy. The company is specialized in R&D, production, sales and service of grid-tied inverters, ranging from ranging from Micro-inverter, 1kW to 5kW for residential, 10kW to 40kW for commercial and other associated components for a solar project.
- Website
- Social
- Email ID
- @sofarsolar.com
Key Metrics
Founded Year
2012
Location
Wuxi, China
Stage
Public
Investors
Ranked
9th among 19 active competitors
Annual Revenue
as on Mar 31, 2021
Similar Companies
Exit Details
Public
Legal entities associated with Sofar Solar
Sofar Solar is associated with 2 legal entities given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
|---|---|---|---|---|
Mar 26, 2021 | - | 447 | 319 | |
Sep 23, 2018 | $4.04K (as on Mar 31, 2021) | 346 | 745 |
Sofar Solar's funding and investors
Sofar Solar is a funded company.
Sofar Solar has 1 institutional investor - .
View details of Sofar Solar's funding rounds and investors
Sofar Solar's Competitors and alternates
Top competitors of Sofar Solar include SolarEdge, Enphase Energy and APsystems. Here is the list of Top 10 competitors of Sofar Solar, ranked by ÃØÃÜÑо¿Ëù score :
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
|---|---|---|---|---|---|
1st | Manufacturer of smart solar inverters | $96.8M | Kreos Capital, Norwest Venture PartnersÌý&²¹³¾±è;Ìý | 90/100 | |
2nd | Enphase Energy 2006, Fremont (United States), Public | Manufacturer of micro-inverter and energy storage systems | $100M | Hercules Capital, ATEL Capital GroupÌý&²¹³¾±è;Ìý | 84/100 |
3rd | APsystems 2009, Seattle (United States), Unfunded | Solar Micro inverter manufacturers | - | - | 50/100 |
4th | Imeon Energy 2013, Brest (France), Seed | Manufacturer of solar inverters with AI capability | $1.83M | Bpifrance, Ouest CroissanceÌý&²¹³¾±è;Ìý | 48/100 |
5th | Deye Inverter 2007, Ningbo (China), Unfunded | Manufacturer of solar powered products | - | - | 47/100 |
6th | Provider of solar inverters | - | 45/100 | ||
7th |  NEP 2009, San Jose (United States), Series B | Manufacturer of solar inverters | - | 44/100 | |
8th | OptiSolar Technologies 2005, Hayward (United States), Deadpooled | Manufactured thin film solar modules | $334M | 42/100 | |
9th | 2012, Wuxi (China), Public | Inverter manufacturer for the solar industry | - | 34/100 | |
10th | Hyxi Technology 2022, Hangzhou (China), Unfunded | Provider of solar powered inverters | - | - | 35/100 |
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Sofar Solar's Investments and acquisitions
Sofar Solar has made no investments or acquisitions yet.
Reports related to Sofar Solar
Here is the latest report on Sofar Solar's sector:
View
News related to Sofar Solar
Media has covered Sofar Solar for a total of 6 events in the last 1 year, 5 of them have been about company updates.
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Grupoglobo•Mar 19, 2025•Sofar Solar
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pv magazine•Sep 26, 2024•Sofar Solar
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pv magazine•Sep 03, 2024•Sofar Solar
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pv magazine•Jul 05, 2024•Sofar Solar
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PR Newswire•Jun 14, 2024•Sofar Solar
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CNW•Jun 14, 2024•Sofar Solar
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pv magazine•Jan 19, 2024•Sofar Solar
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pv magazine•Nov 08, 2023•Sofar Solar
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pv magazine•Oct 26, 2023•Sofar Solar
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Frequently asked questions about Sofar Solar
When was Sofar Solar founded?
Sofar Solar was founded in 2012.Where is Sofar Solar located?
Sofar Solar is located in Wuxi, China.What is the annual revenue of Sofar Solar?
Annual revenue of Sofar Solar is ₹3³¢ as on Mar 31, 2021.Our Lite Plan Awaits you - Its Free!
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