Sungrow power increases investment in domestic energy storage

Why is Sungrow a leading solar company?

The company has witnessed a remarkable surge in PV inverter shipments, surpassing 130GW, indicating a widespread embrace of solar energy globally. Furthermore, Sungrow’s sales of energy storage systems have escalated dramatically to 10.5GWh, driven by the escalating demand for both grid-connected and off-grid applications.

What is Sungrow solar & energy storage system?

Relying on Sungrow’s integrated solar plus storage solution, this plant is able to provide clean electricity with constant power in the long run, and helps improve the overall stability and security of Thai power grid. Sungrow’s Liquid Cooled Energy Storage System Better Supplies the BESS Plants

What does Sungrow Power Supply do?

Sungrow Power Supply Co., Ltd (Sungrow) is the world's most bankable inverter brand with over 120 GW installed worldwide as of June 2020.

Did Sungrow release its annual report 2023?

Hefei, China, April 25, 2024 -- Sungrow, the global leading PV inverter and energy storage system provider, released its annual report 2023 recently. The company attained unprecede Sungrow Releases Annual Report 2023: Operating Revenue Witnessed a Robust Growth of 79.5%

Does Sungrow invest in R&D?

Sungrow’s investments in research and development (R&D) have consistently borne fruit, evident from the successful introduction of an array of cutting-edge products throughout the fiscal year. This year, the company allocated $347million towards R&D, marking a year-on-year growth of 44.6%.

Why is Sungrow a great company?

Sungrow’s commitment to digitalization, streamlining operations, and fostering rapid growth in its core business has resulted in reinforced brand potential and an industry-leading position, ultimately leading to a significant boost in profitability.