# Jiangsu Goodwe Power Supply Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/jiangsu-goodwe-power-supply-technology-co

- Industry: Renewable Energy
- Headquarters: Suzhou, China
- Website: www.goodwe.com
- Latest round: Series A (Aug 27, 2015)
- Investors on record: 2

## About

Established in 2010 and based in Suzhou, China, Jiangsu Goodwe Power Supply Technology Co., Ltd. is a solar energy technology product provider that provides solar photovoltaic inverter and related products. The company has branch offices in Gemany, Turkey, Australia, India, Poland, England, Netherlands, and other countries. There are more than 5000 employees in the company, including over 1000 research and development staffs. Goodwe has been awarded the TUV China Award for seven consecutive years. In August 2015, it closed series A funding from new investors SND Ventures Group and Mingshan Capital. In September 2020, the company was listed on the Shanghai Sci-Tech Innovation Board.

Goodwe mainly provides solar energy, energy storage and other new energy power supply equipment. It manufactures household PV inverters, commercial and industrial PV inverters, ground-mounted PV inverters, energy storage inverters, batteries, smart energy ancillary products, photovoltaic building materials and charging piles. The company is also committed to providing intelligent energy management and other total solutions for households, industrial and commercial users and ground power stations.

The company's revenue and net income for 2022 were CNY 4.7 billion and CNY 636 million.

## Funding rounds

- Series A, Aug 27, 2015 — SND Ventures Group, Mingshan Capital

## Investors

- SND Ventures Group (https://capitalatlas.ai/funds/snd-ventures-group) — Series A
- Mingshan Capital — Series A