Main content:
Energy storage PCS, also known as power conversion systems, is the core component of energy storage systems (ESS) and serves as a bridge between energy storage batteries and the power grid, enabling bidirectional flow of electrical energy. The global energy storage PCS market sales reached 5.413 billion US dollars in 2023, and are expected to reach 11.58 billion US dollars by 2030, with a compound annual growth rate (CAGR) of 8.3% (2024-2030).
In this article, the top 10 high-power PCS companies in the world in 2025 will be introduced, from basic information to latest news about these companies. If you want to know how PCS works, here is for your reference.
Top 10 high-power PCS companies in the world in 2025
The continuous technological advancement of PCS technology is reducing costs and improving efficiency, making energy storage systems more economically feasible and attractive to investors.
Due to technological advancements and economies of scale, battery and PCS costs are decreasing, making energy storage systems more affordable and accessible to a wider range of customers.
The increasing demand for reliable and resilient power sources, especially in areas prone to natural disasters or with aging infrastructure, has driven the adoption of energy storage systems and PCS.
Governments around the world are providing incentives and subsidies for the adoption of renewable energy and energy storage solutions. These policies are driving the growth of the energy storage PCS market.
The integration of energy storage systems with the power grid and the development of microgrids have created new opportunities for PCS manufacturers. PCS plays a crucial role in ensuring the smooth operation of these systems by managing the flow of electrical energy.
The following is the list of the top 10 high-power PCS companies in the world in 2025,for you to know better about the power cell in the world.
|
Ranking |
Company |
|
1 |
Sungrow |
|
2 |
Kehua |
|
3 |
Sineng |
|
4 |
Inovance |
|
5 |
Soaring |
|
6 |
XJ |
|
7 |
NR |
|
8 |
Hopewind |
|
9 |
IN-POWER Electric |
|
10 |
Sinexcel |
Sungrow
| Company website | https://en.sungrowpower.com/ |
| Founded | 2007 |
| Company headquarter | Anhui Province, China |
Company overview
Sungrow, one of the top 10 high-power PCS companies in the world, is a national key high-tech enterprise specializing in the research and development, production, sales, and service of new energy power equipment such as solar energy, wind energy, energy storage, hydrogen energy, and electric vehicles. Sungrow has always focused on the field of new energy power generation, adhering to market demand orientation and technological innovation as the driving force for enterprise development. It has cultivated a professional R&D team with rich R&D experience and strong independent innovation ability, and is one of the few enterprises in the industry that has mastered multiple independent core technologies.
Main products
Our main products include photovoltaic inverters, wind power converters, energy storage systems, surface photovoltaic systems, new energy vehicle drive systems, charging equipment, renewable energy hydrogen production systems, smart energy operation and maintenance services, etc. We are committed to providing world-class clean energy full lifecycle solutions.
Company updates
Since the second half of 2024, Sungrow has launched its first specialized industrial and commercial energy storage products for large industrial scenarios, and has released the 835CS series products specifically designed for large industries.
Kehua
| Company website | https://digitalenergy.kehua.com |
| Founded | 2021 |
| Company headquarter | Fujian Province, China |
Company overview
Kehua is based on power electronics conversion technology and has diversified solutions and rich project experience in fields such as photovoltaics, energy storage, microgrids, wind power, and integrated energy services. Kehua is working with partners from over 100 countries and regions to promote energy structure transformation through technology, making clean energy a force that affects the world.
Main products
In the field of photovoltaics, Kehua provides comprehensive solutions covering full power. In the field of energy storage, Kehua offers solutions for power generation side energy storage, thermal power frequency regulation, grid side energy storage, and user side.
Company updates
In 2024, in the ranking of Chinese energy storage PCS providers in the Chinese market, Kehua ShuNeng once again ranked first, maintaining the top spot. This excellent performance once again confirms Kehua ShuNeng's leading position in the energy storage PCS market. Kehua, as one of the top 10 high-power PCS companies in the world, is expected to continue to play a significant role in the PCS market in 2025.
Sineng
| Company website | https://en.si-neng.com |
| Founded | 2012 |
| Company headquarter | JIangsu Province, China |
Company overview
Sineng, one of the top 10 high-power PCS companies in the world, Committed to providing solutions for photovoltaic power generation, electrochemical energy storage integration into the grid, and power quality management. Sineng products have high power density and can meet the complex needs of large power plants and energy storage systems. They have high reliability and have been exported to multiple countries, enjoying a good reputation both domestically and internationally.
Main products
Centralized inverter, string inverter, energy storage inverter.
Company updates
Sineng has released a new generation of energy storage product masterpiece - a true liquid cooled series PCS matched with 600+Ah large battery cells. With seven hardcore genes, redefine the efficiency, safety, and value boundaries of large-scale energy storage, and open up a super energy storage era of "true liquid cooling+network construction" for the industry.
Inovance
| Company website | https://www.inovance.com/global |
| Founded | 2003 |
| Company headquarter | Guangdong Province, China |
Company overview
Inovance focuses on automation, digitization, and intelligence in the industrial field, specializing in the research and development, production, and sales of industrial automation control products, positioning itself as a service provider for high-end equipment manufacturers. Inovance currently has 1834 employees, including a research and development team of nearly 500 dedicated to core platform technology research, application technology research, and product development, with 10% of sales revenue invested in research and development.
Main products
Industrial automation control equipment (frequency converters, servo systems), photovoltaic inverters, electric vehicle motor controllers, etc.
Company updates
Inovance plans to invest approximately 1 billion yuan in its energy storage and power system base in Xian province, China by the end of 2024, covering an area of 100 acres with a total construction area of about 100000 square meters. The base mainly produces new energy storage equipment such as energy storage inverters, industrial and commercial energy storage systems, photovoltaic inverters, and energy storage integrated machines.
Soaring
| Company website | http://www.soaring.com.cn/en/ |
| Founded | 2002 |
| Company headquarter | Beijing, China |
Company overview
Soaring is a high-tech enterprise that integrates research, production, and sales, focusing on clean energy and energy-saving technologies. It is one of the top 10 high-power PCS companies in the world. Soaring has been focusing on three-phase grid connected inverters for 22 years, applied in both "energy storage" and "battery testing equipment" fields. The bidirectional energy storage inverters have consistently ranked among the top three in terms of industry shipments for four consecutive years.
Main products
The main products include bidirectional energy storage converters (PCS), integrated energy storage electrical integration cabins, energy management systems (EMS), integrated storage charging and inspection systems, battery testing systems, etc.
Company updates
Soaring unveiled six major products at the 13th Energy Storage International Summit, including ES-6000K liquid cooled energy storage bidirectional converter, ES-2500K energy storage bidirectional converter, ES-5000M string type energy storage converter and ballast tank, and other energy storage products.
XJ
| Company website | https://xjec.com/en/ |
| Founded | 1996 |
| Company headquarter | Henan Province, China |
Company overview
XJ is a high-tech modern industry group focused on power, automation, and intelligent manufacturing, and is also one of the top 10 high-power PCS companies in the world. XJ's main business includes wind power generation, offshore wind power flexible transmission, photovoltaic power generation, ultra-high voltage transmission, comprehensive energy services, and overall solutions for electrochemical energy storage systems.
Main products
Smart grid equipment (power distribution systems, DC transmission equipment), electric vehicle charging and swapping equipment.
Company updates
In 2024, XJ has overcome multiple key technologies such as modular energy storage inverter liquid cooling heat dissipation design and stable operation of multiple modules in parallel, and developed the GBL232-215 cluster controlled liquid cooling energy storage inverter, demonstrating Xuji Electric's competitive strength in the energy storage field and innovative exploration of diversified development of future energy storage technologies and application scenarios.
NR
| Company website | https://www.nrec.com/en/ |
| Founded | 1995 |
| Company headquarter | Jiangsu Province, China |
Company overview
NR as a power stability expert, is dedicated to provide smart, flexible, reliable and environmental friendly solutions for power generations, power grid and industries. NR As one of the top 10 high-power PCS companies in the world, we have fully completed the development of product alternatives based on Chinese made chips, achieving independent and controllable control of the entire product line.
Main products
The products and solutions cover protection, automation & control, HVDC & FACTS, Renewable & Micro-grid and Engineering consulting & services.
Company updates
The water and electricity monitoring system of NR PCS-9150U independently controllable digital PLC has been successfully manufactured, using self-developed real-time operating system NR-RTOS, real-time operating environment RTE, and integrated development environment SmartPLC. It has further improved reliability, digitization, cloud edge integration, and AI intelligence, creating a new generation of PCS-9150U independently controllable digital PLC.
Hopewind
| Company website | https://en.hopewind.com/ |
| Founded | 2007 |
| Company headquarter | Guangdong Province, China |
Company overview
Hopewind focuses on the research and development, production, sales, and service of new energy and electrical transmission products, with independent development and research capabilities and testing platforms for complete high-power power electronic devices and monitoring systems. The company continuously creates value for customers through technological and service innovation, and has become one of the most competitive electrical enterprises in the domestic new energy field, and one of the top 10 high-power PCS companies in the world in 2025.
Main products
Hopewind's main products include wind power generation products, photovoltaic power generation products, energy storage products, hydrogen production power products, power quality products, electrical transmission products, etc.
Company updates
The grand opening of the 2025 ESIE Beijing Energy Storage Exhibition will feature Hopewind's star products such as centralized 2.4-3.45MW PCS, string type 130-250kW PCS, and customized converter and boost integrated machines according to customer needs.
IN-POWER Electric
| Company website | http://www.in-power.net/sy |
| Founded | 2004 |
| Company headquarter | Beijing, China |
Company overview
IN-POWER Electric is a Sino foreign joint venture high-tech enterprise with two research and development centers located throughout the country. IN-POWER Electric has established three major business segments: power quality, rail transit, and energy storage systems, focusing on multiple core industries such as rail transit, data communication, semiconductors, municipal infrastructure, automobile manufacturing, steel metallurgy, light industry, and petrochemicals, providing customers with comprehensive solutions for new energy and power electronics technology.
Main products
Energy storage inverters, power quality management equipment (such as active filters), rail transit power solutions.
Company updates
IN-POWER Electric unveiled its full field energy storage solution at ESIE2025, including 625kW parallel off grid PCS cabinets: DC side supports parallel clustering or one cluster one management, 225kW/450kW liquid cooled energy storage converters, etc.
Sinexcel
| Company website | https://en.sinexcel.com |
| Founded | 2007 |
| Company headquarter | Guangdong Province, China |
Company overview
Sinexcel is the world's leading provider of core power equipment and solutions for energy Internet. Its business mainly focuses on five major sectors: power quality, electric vehicle charging piles, energy storage microgrids, battery conversion and testing, and industrial power supply, providing customers with one-stop solutions from new product research and development, production and manufacturing to sales services.
Main products
Energy Storage Converter (like PCS), Electric Vehicle Charging Station, Power Quality Equipment, Battery Formation and Testing Equipment.
Company updates
Sinexcel's industrial and commercial modular energy storage converter PWS1-160M-H-EX/NA, developed for overseas markets, supports ultra wide DC voltage and wide AC voltage, and can directly output various AC voltages of 3P4W, adapting to different national and regional power grid standards and complying with international safety and performance standards.
Conclusion
Faced with fierce market competition, the top 10 high-power PCS companies in the world in 2025 must keep up with the times and bravely face technical challenges such as battery management, thermal management, and grid synchronization to ensure the safe and efficient operation of energy storage systems and PCS.
With the increasing popularity of renewable energy and the demand for efficient energy storage solutions, it is expected that the demand for PCS products will continue to grow in the future. The energy storage PCS market is full of vitality and rapid development, with enormous growth potential.
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