Storage Power Solutions Competitors and Similar CompaniesClear all
SolarEdge's competitors and similar companies include Sungrow and XNRGI.
 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 2006 | Founding Date 1997 | Founding Date 2001 |
Type | Type Public | Type Public | Type Private |
Tags | |||
Locations | Locations Herzliya, IL HQ East Melbourne, AU São Paulo, BR Sofia, BG Shanghai, CN Lyon, FR München, DE see more | 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 5,633 | Employees 17,30526% increase | Employees 13 |
Valuation ($) | Valuation ($) 960.9 m | Valuation ($) 26.4 b | Valuation ($) N/A |
Financial | |||
Revenue (est.) | Revenue (est.) $1.2b (FY, 2025) | Revenue (est.) ¥88.4b (FY, 2025) | Revenue (est.) N/A |
Cost of goods | Cost of goods $988.2m (FY, 2025) | Cost of goods ¥60.8b (FY, 2025) | Cost of goods N/A |
Gross profit | Gross profit $196.3m (FY, 2025) | Gross profit ¥27.9b (FY, 2025) | Gross profit N/A |
Net income | Net income ($405.4m) (FY, 2025) | Net income ¥13.5b (FY, 2025) | Net income N/A |
For sources of this data, please see the company profile
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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.
View company