Sungrow is Ranked No. 1 in 2021 Global PV Inverter Shipment by IHS Markit
The top 10 global PV inverter businesses according to anticipated shipments in 2021 were announced by the internationally renowned research organisation IHS Markit (now a part of S&P Global). Sungrow surpasses all other PV inverter suppliers in the world with inverter shipments of 47.1 GW.
A global provider of inverter solutions for renewable energy, Sungrow launched the SG350HX string inverter, 1+X modular inverter, Liquid-Cooled Energy Storage System, and its newest inverter series for the commercial, industrial, and residential markets despite the supply chain instability of Covid-19 and 2021.
Sungrow was a strong proponent of globalisation. Sungrow set up a factory in Thailand with a 10 GW annual manufacturing capacity and increased the annual manufacturing capacity of its Indian factory to above 10 GW both in 2021.
Sungrow joined RE100 and EP100 to strengthen its commitment to use only renewable energy across the whole value chain and increase energy productivity by 35% by 2028 in order to better participate in worldwide sustainability projects. In order to take corporate responsibility for international sustainable development, it also joined the China ESG Leaders Association and the United Nations Global Compact.
Sungrow will keep reaffirming its dedication to the global Net-Zero Carbon mission by advancing technological innovation, securing the supply chain, establishing established global sales and service networks, and offering affordable, clean energy to everyone.
With over 224 GW installed globally as of December 2021, Sungrow Power Supply Co., Ltd. ("Sungrow") is the most bankable inverter brand in the world. Sungrow, a leader in the research and development of solar inverters, was founded in 1997 by university professor Cao Renxian.
The company has the largest dedicated R&D team in the industry, a wide range of products for utility-scale, commercial & industrial, and residential applications, as well as globally renowned floating PV plant solutions, NEV driving solutions, and EV charging station solutions. Sungrow products power installations in more than 150 countries and have a solid 25-year track record in the PV industry.