Sungrow was the world’s largest PV inverter firm in 2021, transport 47.1GW of merchandise and increasing its manufacturing amenities in Asia, in keeping with analysis agency IHS Markit.
The analysis agency, now a part of S&P International through a US$140 billion merger, as we speak introduced the highest 10 international PV inverter corporations when it comes to estimated shipments in 2021.
IHS Markit stated regardless of COVID-19, unstable provide chains and logistical challenges in 2021, Sungrow managed to ship near 50GW of its inverters, spend money on R&D and replace its product portfolio by launching the SG350HX string inverter, 1+X modular inverter, liquid-cooled vitality storage system and its latest inverter sequence for the business, industrial and residential sectors.
Sungrow not too long ago made its inverter portfolio accessible to the Nordic nations and has already signed a provide contract for a 320MW photo voltaic mission in Denmark.
Furthermore, the Hefei, China-based firm has expanded its Indian manufacturing facility’s annual manufacturing capability to over 10GW and has established a brand new manufacturing facility in Thailand with a 10GW annual capability.
In the meantime, it has additionally joined RE100 and EP100 – international campaigns organised by The Local weather Group to spur higher decarbonisation of business – which Sungrow stated strengthened its “dedication to make use of 100% renewable vitality throughout the whole worth chain and enhance vitality productiveness by 35% by 2028.”
This yr alone, Sungrow has signed a 2GW distribution settlement with Australian distributor Photo voltaic Juice, has landed a contract to provide its newest SG350HX string inverter for a forty five.75MW PV mission in Saudi Arabia and has launched its new “1+X” central modular inverter that may be linked to vitality storage methods.