Hoymiles commissions Mexican microinverter factory

Facebook
Twitter
LinkedIn
Reddit
Email
Hoymiles' Monterrey manufacturing facility.
The facility will have an annual production capacity of 500,000 units, which could be doubled in the coming years. Image: Hoymiles.

Chinese inverter manufacturer Hoymiles has started commercial operations at its first overseas factory, a manufacturing facility in Monterrey, Mexico.

The facility will produce the company’s microinverters, including the HMS-2000-4T and HMS-2000DW-4T series, for use in residential and commercial solar applications. The company noted that the project will have an annual production capacity of 500,000 units, and expects to expand this capacity to one million units, although it did not give a timeframe for this expansion.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

Not ready to commit yet?
  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

“The Monterrey facility is a significant milestone and demonstrates our commitment to supporting renewable energy transitions in North and Latin America,” said Hoymiles CEO Dr Yang Bo. “This factory will be crucial in meeting the region’s growing needs for solar and energy storage solutions.”

The news is a notable milestone for the company, as this facility is its first manufacturing plant outside of China. Prior to the commissioning of the Monterrey factory, Hoymiles had an annual production capacity of two million units, so the addition of microinverters from the Mexico plant will be a significant addition to its global footprint.

With the world’s solar capacity growing rapidly—figures from Ember Climate suggest the world could add 593GW of new capacity this year—demand for technologies, such as inverters, is set to rise. Figures from Wood Mackenzie show that the world’s solar inverter shipments increased by 56% between 2022 and 2023, and much of the world’s inverter manufacturing capacity is concentrated in a small number of Chinese majors, with the top ten inverter manufacturers accounting for 81% of the global market.

However, this is not to say that there is not considerable investment in the inverter industry beyond these few leading companies. Earlier this year, Spanish inverter manufacturer Ingeteam announced a deal to supply 1GW of its inverters to compatriot renewable energy developer Acciona Energía for three solar projects in the US.

2 September 2025
Mexico City, Mexico
Intersolar Mexico is the leading platform for technology trends and B2B networking in Mexico's solar market. It focuses on photovoltaics, solar heating and cooling technologies, and energy storage. Together with the co-located events The GREEN Expo® and Aquatech Mexico, it has solidified its position as the largest gathering of professionals in the renewable energy and cleantech industry in Mexico since the debut in 2019. In 2024, the events hosted more than 400 exhibitors as well as 10,000 visitors and 12,000 industry professionals (total attendance). The sixth edition of Intersolar Mexico will take place from September 2 to 4, 2025 at the Citibanamex Center, in Mexico City.
10 March 2026
Frankfurt, Germany
The conference will gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing out to 2030 and beyond.

Read Next

Premium
August 22, 2025
Indian PV manufacturers are facing double hit from US trade tariffs and anti-dumping measures on products sold in America.
Premium
August 22, 2025
Radovan Kopecek and Joris Libal examine the technological and economic factors driving PV’s ascendancy, with emphasis on bifacial BC modules.
August 21, 2025
JA Solar's CTO, Zi Ouyang, discusses the company's latest module technologies and why the future is tandem.
August 21, 2025
Canadian Solar shipped 7.9GW of modules in the second quarter of this year, a 14% quarter-on-quarter increase.
August 20, 2025
Blueleaf Energy has signed an MoU with Chemsain Sustainability to explore a portfolio of up to 3GW of solar PV and BESS in Malaysia.
August 20, 2025
USDA has announced that new wind and solar projects on agricultural land will not be eligible for two federal loan programmes.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines