For instance, its market share in Australia for the residential segment has increased to 24%, it has been leading the local market share in Brazil since 2019 and it predicts an even more prosperous future in Europe as it’s establishing local channels.
In addition, over 800 MWh of Sungrow energy storage systems were shipped worldwide in 2020, and the deployment is expected to show a high growth trend.
Notably, Sungrow has expanded its annual production capacity to 90 GW, including 10 GW of India manufacturing based on a global growing demand basis.
As one of the pivotal solar and energy storage players, Sungrow keeps contributing to global carbon neutrality.
As the only inverter supplier ranked “100% bankable” for two straight years by BloombergNEF, Sungrow has been at the forefront in the clean energy business for over 24 years.
Founded in 1997 by University Professor Cao Renxian, Sungrow is a leader in the research and development of solar inverters, with the largest dedicated R&D team in the industry and a broad product portfolio offering PV inverter solutions and energy storage systems for utility-scale, commercial, and residential applications, as well as internationally recognized floating PV plant solutions.