Deye: Powering Tomorrow with Smarter Solar Solutions since 2007

Ningbo Deye Inverter Technology Co., Ltd., a subsidiary of the Deye Group, stands as one of China’s leading high-tech companies in the global solar inverter industry. Founded in 2007 with a registered capital of 300 million RMB, Deye has become a pioneer in renewable energy technology and manufacturing. With a 15,000-square-meter, state-of-the-art facility in Ningbo, China, Deye produces reliable and innovative photovoltaic solutions for both residential and commercial use.

Deye is on a mission to make solar energy both accessible and practical, bringing clean energy within reach for everyone. With a vision to become a top brand in residential inverters and hybrid solar solutions, Deye supports the worldwide shift to solar power. Driven by the motto ‘Make progress every day,’ the company is committed to constant innovation and improvement, working to create a healthier, smarter, and more sustainable world for generations to come.

Comprehensive Solar Solutions

Deye offers a full range of solar powered products that support both residential and commercial installations. The company caters to a broad range of needs, offering devices compatible with all module types,  With options for both on-grid (connected to the main power system) and off-grid (independent of the main grid) installations. Deye’s product range includes:

• Grid-Connected Inverters with a power range of 1-136kW, ideal for linking solar systems to existing electrical grids.
• Hybrid Inverters ranging from 3kW to 50kW, which combine the benefits of grid-tied and off-grid systems, providing flexibility and backup power.
• Microinverters from 300W to 2000W, suited for smaller, modular installations that increase efficiency by maximizing the energy harvested from individual solar panels.

These options cover the entire spectrum, from small residential systems to large-scale commercial projects in the megawatt range, making Deye a versatile choice for different types of solar energy setups.

As an technology company, Deye prioritizes innovation, research and development to stay at the forefront of solar energy. Deye’s approach includes leveraging sophisticated technology to enhance efficiency and reliability. Among its innovations are:

• T-type Three-Level Topology: This design allows for enhanced efficiency in energy conversion, ensuring that energy loss is minimized.
• Enhanced SVPWM (Space Vector Pulse Width Modulation) Algorithm: This algorithm improves the inverter’s conversion efficiency by 0.7% compared to standard SPWM technology, a notable improvement that underscores Deye's commitment to quality and precision.

Deye’s Hybrid Inverters - Unique Product Features

Deye’s hybrid inverters are especially noteworthy, as they include advanced features like V/f droop control technology and battery DC/DC topology, which optimize energy flow and extend battery life. These innovations have positioned Deye’s hybrid inverters among the top three in South Africa and Pakistan, and as the leading Chinese brand in the U.S. by 2019.

Global Reach and Market Growth

With a strong presence in key international markets, including the United States, Brazil, South Africa, and India, Deye has successfully expanded its reach. By 2021, Deye’s product shipments showcased its growing influence:

• Grid-Tied Inverters: 215,000 units shipped
• Hybrid Inverters: 70,300 units shipped
• Microinverters: 102,900 units shipped

This momentum only grew in 2022, with anticipated shipments exceeding 750,000 units for microinverters, 250,000 units for grid-tied inverters, and 330,000 units for hybrid inverters. Such remarkable growth is reflected in Deye’s revenue, which reached an impressive $565 million, with a market valuation surpassing $14.6 billion.

Deye’s growth has not only attracted industry attention but also led to a successful public listing on the Shanghai Stock Exchange (SSE) in 2021 under the stock code 605117.SH. This milestone brought further capital to support Deye’s vision of becoming a globally recognized provider of residential and hybrid solar inverters.

The Future of Solar Energy with Deye

Deye’s continued focus on research, a growing product line, and expansion into global markets mean it is well-positioned to remain a leader in the solar industry. Through its commitment to quality and technological advancement, Deye is not only shaping the future of renewable energy but also empowering individuals and businesses worldwide to harness the power of the sun.