Hoymiles

Hoymiles, founded in 2017 in Hangzhou, China, began as a microinverter manufacturer and has expanded into battery storage and energy management. Listed on the Shanghai Stock Exchange, the company has grown rapidly with products deployed in over 100 countries and a strong focus on the module-level power electronics segment.

In Australia, Hoymiles gained initial recognition through its microinverter range, which competes with Enphase at a lower price point. The company has since introduced battery storage products designed to integrate with its microinverter ecosystem, offering a distributed architecture alternative to traditional string inverter plus battery setups.

Hoymiles maintains an Australian office in Sydney and has CEC approval for its battery and inverter products. The company's S-Miles Cloud monitoring platform provides system-level performance tracking. As a publicly listed company with growing market share, Hoymiles offers reasonable financial stability, though its battery storage track record in Australia is still limited compared to established players. Hoymiles appeals to buyers who prefer microinverter architecture or who want a cost-effective alternative to Enphase in the module-level electronics space.