About Sofar Solar
Sofar Solar is a publicly listed company based in Wuxi (China) founded in 2012. Grid-tied solar inverters are developed, produced, and serviced globally. The company has 1,560 employees. Its website sofarsolar.com draws about 49 thousand monthly visits. Its Indian entity Sofarsolar India Private Limited reported revenue of ₹3 Lakh. Its focus areas include Energy Tech, Renewable Energy Tech, Solar Energy and Balance of System. Its competitors include Deye Inverter and Hyxi Technology.
Company details
Sofar Solar was established in 2012 as a subsidiary of the Sofar group in Wuxi, China. Operations focus on research and development, production, sales, and maintenance of grid-tied inverters for the renewable energy sector. Products include micro-inverters, units from 1kW to 5kW for residential use, and 10kW to 40kW models for commercial applications, along with related solar project components.
- Indian entity revenue₹3 Lakh
FY 2021 · -40% YoY
- Indian entity net profit₹1.1 Lakh
FY 2021 · 36% margin
- Indian entity EBITDA₹1.3 Lakh
FY 2021 · 44% margin
- Employee Count1,560
Associated legal entities of Sofar Solar
Sofar Solar operates through Sofarsolar India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Sofarsolar India Private Limited CIN U74999GJ2018PTC104355 | Active | 24 Sep 2018 | Ahmedabad, Gujarat | ₹0.0 Cr | 2 | View details |
Apps and channels of Sofar Solar
its YouTube channel SOFAR has 3.74K subscribers and 30 videos.
Videos from Sofar Solar
The most watched videos on Sofar Solar's YouTube channel, SOFAR (3.74K subscribers). Click a video to play it here.
More on SOFAR.
Board of directors of Sofarsolar India Private Limited (Sofar Solar)
Sofarsolar India Private Limited is the primary company behind Sofar Solar. The board of Sofarsolar India Private Limited currently have 2 directors; the longest-serving is Brijesh Jayantilal Prajapati, appointed in 2018. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Brijesh Jayantilal Prajapati DIN 08236102 | Director | 24 Sep 2018 | 8 yrs 1 mo | Sofarsolar India Private Limited |
| Xu Tao DIN 07926093 | Additional Director | 12 Dec 2019 | 6 yrs 10 mo | Sofarsolar India Private Limited |
IPO & Listings of Sofar Solar
Sofar Solar is a publicly listed company on the SZSE with ticker symbol 301658 in China, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date02 Apr 2025
- Listed onSZSE: 301658
- Listed entityShenzhen SOFARSOLAR Co., Ltd.
- Exchange sectorElectronic technology
- ISINCNE100006WD0
- Share price24.12 CNY (-5.41% on the day) · 2026-10-14
- Market capitalisation9,018,902,788.00 CNY
- Price to earnings78.1
- EPS (diluted, trailing year)-0.02 CNY
- Dividend yield0.27%
- Volume (last session)16,584,673
Financials of Sofar Solar
Figures of Sofarsolar India Private Limited, the primary company behind Sofar Solar, for FY 2021. Revenue was ₹3 Lakh (-40% year on year). Net profit was ₹1.1 Lakh (36% margin). EBITDA was ₹1.3 Lakh (44% margin).
- ₹3 LakhRevenue · FY 2021 · -40% YoY
- ₹1.1 LakhNet profit · 36% margin
- ₹1.3 LakhEBITDA · 44% margin
- ₹1 LakhPaid-up capital
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 2.56B CNY | 156.8M CNY | 137.2M CNY |
| 2024 | 2.70B CNY | 258.9M CNY | 415.8M CNY |
| 2023 | 3.73B CNY | 341.0M CNY | 367.2M CNY |
| 2021 | 1.83B CNY | 186.8M CNY | |
| 2020 | 1.02B CNY | 196.2M CNY |
Balance sheet, profit and loss, cash flow and ratios of Sofarsolar India Private Limited are on its company page.
Detailed financial statements for Sofar Solar
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Competitors of Sofar Solar
Sofar Solar has 2 listed competitors in our database. They include Deye Inverter and Hyxi Technology.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| deyeinverter.com | 2007 | Ningbo, China | Manufactures solar-powered products, including panels and energy systems. | |||
| hyxipower.com | 2022 | Hangzhou, China | Offers comprehensive solutions for solar-powered inverters. |
Detailed competitors of Sofar Solar
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Web traffic of Sofar Solar
The website of Sofar Solar (sofarsolar.com) receives about 49.2K visits a month and ranks #495,895 among all websites worldwide, #6,727 in Energy Industry.
- Monthly visits49.2K
▼ 10.7% vs previous month
- Unique visitors19.9K
per month
- Global rank#495,895
among all websites
- Category rank#6,727
Heavy Industry and Engineering · Energy Industry
- Bounce rate35%
- Pages per visit3.9
- Average visit2 min 22 sec
- DevicesDesktop 47% · Mobile 53%
Websites whose visitors overlap most with Sofar Solar. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
sofar-sklep.pl | sofar-sklep.pl | 100% | #1,556,967 | – | |
shop.waaree.com | shop.waaree.com | 91% | #200,753 | – | |
solarfy.de | solarfy.de | 89% | #4,193,443 | – | |
perthsolarwarehouse.com.au | perthsolarwarehouse.com.au | 88% | #789,530 | – | |
solarbatterysupermarket.com.au | solarbatterysupermarket.com.au | 85% | #1,286,736 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 19 similar websites and full traffic analytics for Sofar Solar
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Related news about Sofar Solar
Complete news archive for Sofar Solar
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Frequently Asked Questions about Sofar Solar
Sofar Solar was founded in 2012.
Sofar Solar is headquartered in Wuxi, China. It is registered at Wuxi, Jiangsu, China.
Sofar Solar has 1,560 employees.
The primary company behind Sofar Solar, Sofarsolar India Private Limited, reported revenue of ₹3 Lakh for FY 2021, down 40% year on year.
Sofar Solar was established in 2012 as a subsidiary of the Sofar group in Wuxi, China. Operations focus on research and development, production, sales, and maintenance of grid-tied inverters for the renewable energy sector. Products include micro-inverters, units from 1kW to 5kW for residential use, and 10kW to 40kW models for commercial applications, along with related solar project components.
Sofar Solar's top competitors include Deye Inverter and Hyxi Technology.
Yes, Sofar Solar is publicly traded on SZSE under the ticker symbol 301658.
Sofar Solar operates through Sofarsolar India Private Limited.
The legal entities of Sofar Solar currently have 2 directors, including Xu Tao, Brijesh Jayantilal Prajapati.