Sungrow Power Supply Co., Ltd (“Sungrow”) is the world’s most bankable inverter brand with over 87 GW installed worldwide as of June 2019. 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. With a strong 22-year track record in the PV space, Sungrow products power installations in over 60 countries, maintaining a worldwide market share of over 15%.
As a leader of innovation in the solar industry, Sungrow possesses a dynamic R&D team which consists of over 1000 employees. The Company has also invested its own in-house testing center approved by UL, CSA, TÜV Rheinland, and TÜV SÜD. In 2019, Sungrow launched the world’s largest inverter factory, once fully operational, the global annual production capacity will reach 50 GW, including 3 GW of India factory.
Offering a wide range of solutions and services, Sungrow is committed to providing clean power for all and is steadfast in its efforts to becoming the global leader of clean power conversion technology. Learn more about Sungrow by visiting www.sungrowpower.com.Sungrow Power Supply Co., Ltd (“Sungrow”) is the world’s most bankable inverter brand with over 87 GW installed worldwide as of June 2019. Found... (Read more)
From China (中国)
Joined Apr 20, 2020
The company is expected to be cashflow positive in 2021.
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The acquisition is said to be over $80 million