No. Horsepower is a measure of the rate at which a device can do work, as is the Watt. The conversion ratio is about 746 Watts = 1 Horsepower. Therefore your 5hp motor is equivalent to about 3,730 Watts. The kW designates kilowatts, or units of 1,000 Watts. So a 1.5kW inverter can supply only 1,500 Watts. Our larger inverter supplies 2.2kW, but you need a minimum of 3.7kW for your application.
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I have a 5hp 3600 rpm 3phs spindle motor will your inverter work for this application 1.5kw?