Storage Power Solutions Competitors and Similar CompaniesClear all
Storage Power Solutions's competitors and similar companies include SolarEdge, Navitas System, Sungrow and XNRGI.
 Storage Power Solutions Storage Power Solutions (SPS) is a company that designs, manufactures, and distributes lithium-iron-phosphate (LFP) battery energy storage systems. |  SolarEdge SolarEdge Technologies is a company that provides distributed solar power harvesting and module-level photovoltaic (PV) monitoring solutions. |  XNRGI XNRGI (Exponential Energy, formerly known as Neah Power Systems) is an energy storage company that builds lithium-ion and lithium-metal energy solutions. | |||
Founding Date | Founding Date 2014 | Founding Date 2006 | Founding Date 2011 | Founding Date 1997 | Founding Date 2001 |
Type | Type Subsidiary | Type Public | Type Subsidiary | Type Public | Type Private |
Tags | |||||
Locations | Locations Whitby, CA HQ | Locations Herzliya, IL HQ East Melbourne, AU São Paulo, BR Sofia, BG Shanghai, CN Lyon, FR München, DE see more | Locations Ann Arbor, US HQ Ann Arbor, US Ann Arbor, US | Locations Hefei, CN HQ North Sydney, AU São Paulo, BR Las Condes, CL Santiago, CL Lyon, FR München, DE see more | Locations Bothell, US HQ |
Employees | Employees 517% decrease | Employees 5,633 | Employees 138 | Employees 17,30526% increase | Employees 13 |
Valuation ($) | Valuation ($) N/A | Valuation ($) 960.9 m | Valuation ($) N/A | Valuation ($) 26.4 b | Valuation ($) N/A |
Financial | |||||
Revenue (est.) | Revenue (est.) N/A | Revenue (est.) $1.2b (FY, 2025) | Revenue (est.) N/A | Revenue (est.) ¥88.4b (FY, 2025) | Revenue (est.) N/A |
Cost of goods | Cost of goods N/A | Cost of goods $988.2m (FY, 2025) | Cost of goods N/A | Cost of goods ¥60.8b (FY, 2025) | Cost of goods N/A |
Gross profit | Gross profit N/A | Gross profit $196.3m (FY, 2025) | Gross profit N/A | Gross profit ¥27.9b (FY, 2025) | Gross profit N/A |
Net income | Net income N/A | Net income ($405.4m) (FY, 2025) | Net income N/A | Net income ¥13.5b (FY, 2025) | Net income N/A |
Funding | |||||
Total funding raised | Total funding raised N/A | Total funding raised $ 117.8m | Total funding raised $ 1m | Total funding raised N/A | Total funding raised N/A |
For sources of this data, please see the company profile
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SolarEdge
HQ
Herzliya, IL
Employees
5,633
SolarEdge Technologies is a company that provides distributed solar power harvesting and module-level photovoltaic (PV) monitoring solutions.
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Navitas System
HQ
Ann Arbor, US
Navitas Systems is a company that designs and manufactures energy storage products.
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Sungrow
HQ
Hefei, CN
Employees
17,305↑ 26% increase
Sungrow Power Supply (阳光电源股份有限公司) is a company providing solar energy solutions.
View companyXNRGI
HQ
Bothell, US
Employees
13
XNRGI (Exponential Energy, formerly known as Neah Power Systems) is an energy storage company that builds lithium-ion and lithium-metal energy solutions.
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