Sungrow crosses 10 GW of solar power inverters in Americas
Hefei, China: Sungrow is apparently the world leader in solar power inverter solutions.
The company has announced recently that it crossed 10 GW of cumulative inverter shipments in the Americas before the end of 2020. The company boasts that this demonstrated “its role as a big game-changer for renewable energy across the region at large.” Top markets in the Americas for the company include Brazil, Chile, Argentina, Mexico, and the United States.
Perhaps more notably, the company deployed a whopping 5 GW of solar PV inverters in North America last year.
Sungrow also surpassed cumulative shipments totalling 7 GW in India in 2020. Similar to the story in the Americas, it installed more than 3 GW of those in 2020 alone.
Further, it had over 120 GW installed worldwide in the middle of 2020. It is clear that Sungrow has an enormous installed capacity in China, its home country, where it reportedly holds a 40 % share of the market. Globally, it has a 15 % share of the market. Additionally, the company’s breadth helped it to hit 120 GW of cumulative installed capacity last year. It has inverters installed in more than 120 countries.
The company was founded in 1997 by Cao Renxian, a professor at Hefei University of Technology from 1993 to 1998. “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. Notably, Sungrow is the only inverter supplier ranked ‘100% bankable’ for two straight years by BNEF,” Sungrow states. “The company shows a robust track record of performance in projects it powers.”
Source: Clean Technica