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S&P Global Commodity Insights recognizes GoodWe as Tier1 inverter supplier

Written by Negin Hashemi | Sep 23, 2025 8:55:54 AM

Global market intelligence provider S&P Global Commodity Insights have recognized GoodWe as Tier1 PV inverter supplier in their Cleantech Companies list for 2025. S&P Global Commodity Insights uses a wide range of metrics to help developers, offtakers and other stakeholders make informed decisions in a crowded market with numerous new and old players. The 2025 Tier1 assessment evaluated global manufacturers in six key dimensions: Market Presence, Market Share, Operational Capacity, Global Diversification, Financial Performance and Sustainability Metrics.

S&P Global Commodity Insights define the relevance of their Tier list: “In today’s overcrowded, and competitive market, cleantech manufacturers must differentiate themselves to win contracts, while project developers seek reliable, reputable partners. The Tier1 designation helps both sides of the market make informed decisions by spotlighting suppliers that surpass a threshold of rigorous, relevant criteria.”

Manufacturing with 15 years of experience

GoodWe is a world-leading manufacturer for inverters, battery energy storage systems (BESS) and smart energy solutions with a wide product portfolio and strong market presence. Established in 2010, the company offers products in the residential, commercial and industrial (C&I), and utility scale sector. GoodWe demonstrates a strong performance in all assessment areas of the S&P Tier1 list, having achieved over 100 GW of installations worldwide, covering the global market with 11 Subsidiaries and 27 sales and service centers. The consistent success of the company in securing market share is based on product innovation and quality, delivered by over 1000 R&D professionals and continuous investments to drive generation and efficiency in renewable energy.

GoodWe is well positioned to provide value to their customers, especially in the C&I sector where battery and storage are opening new opportunities for companies to reduce energy costs, increase reliability of their infrastructure, and improve their environmental footprint. With their recently launched storage products BAT112 Series Battery and All-in-One ESA 125kW/261kWh, GoodWe is offering solutions that have the potential to unite power generation and storage, supporting the grid and benefiting the wide variety of loads in the industry.

Sustainable Solutions

Sustainability is a cornerstone in renewable energy technology and key factor for customers around the globe. S&P Global included this dimension in their assessment, highlighting the relevance of ESG performance.  As a provider of green technology, GoodWe is aiming to make power generation not only cheaper and more efficient, but also cleaner. The company is practicing environmental and social responsibility throughout the lifetime of their products. This begins with the sourcing of materials and components, extends through production and logistics and doesn’t end until the product’s end of life. As member of the United Nations Global Compact (UNGC) since 2021, GoodWe firmly practices the ten principles, covering human rights, labor standards, environmental protection and anti-corruption.

About GoodWe

Established in 2010, GoodWe is a world-leading inverter manufacturer and smart energy solution provider. As of Q1 2025, GoodWe has achieved over 100 GW of global installations. The company offers an extensive range of products and solutions tailored for residential, commercial and industrial, and utility-scale sectors, delivering efficiency, safety, and long-term value. The manufacturer practices environmental and social responsibility throughout the lifetime of their products, constantly progressing and reporting on their ESG goals through annual Sustainability Reports and independent certifications. GoodWe has around 5,000 employees worldwide, with over 1,000 dedicated to research and development. For the second quarter of 2025, the companyhas been named as a Global Tier 1 Power Inverter Manufacturer by BloombergNEF (BNEF). For more information, please visit https://emea.goodwe.com/.