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Over the last decade, Goodwe has gained a reputation as one of the best Chinese inverter manufacturers and is even considered by some in the solar industry to be on par with some well-known European manufacturers. Goodwe, formally known as Jiangsu Goodwe Power Supply Technology Co Ltd, was founded in 2010 and entered the highly competitive Australian solar market in 2012. While the early Goodwe inverters were limited to a few models, the company now offers a vast range of residential, commercial, and utility-scale inverters, along with numerous energy storage systems and has sold more than 2 million inverters globally. This success led to Goodwe supplying custom inverter solutions to several big-name companies, including GE and LG Energy.