Hefei, China, April 25, 2024 -- Sungrow, the global leading PV inverter and energy storage system provider, released its annual report 2023 recently. The company attained unprecedented revenues and profits, fueled by robust demand across diverse global markets.
For commercial enterprises looking to invest in sustainable and efficient energy storage solutions, Sungrow offers a product that is both advanced and approachable, setting a high standard in the solar energy industry.
The new product is launched amid rising demand for commercial and industrial battery storage solutions. Global installed capacity in this segment rose from 8.1 GWh in 2023 to 12.2 GWh in 2024. It is projected to reach 19.2 GWh
Sungrow commercial energy storage system reduces operational costs and enhances energy independence, with DC and AC coupling options, which can better improve efficiency for your business.
As one of the earliest companies in China to enter the energy storage sector, Sungrow''s energy storage business leverages its globally leading "three-electrical integration" technology in power electronics, electrochemistry, and grid support to develop specialized energy storage systems.
After ranking first in the Chinese energy storage system integration market for eight consecutive years, Sungrow is now aiming to replicate its large-scale energy storage advantages in the commercial and industrial sector.
While Sungrow has benefited from the rapid growth in global solar installations in recent years, we expect a deceleration in inverter shipment growth as the pace of new installations moderates.
Commercial energy storage solutions offered by Sungrow Power Supply present a compelling opportunity for enterprises aiming to enhance energy efficiency, reduce costs, and meet growing sustainability goals.
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Sungrow provides one-stop solutions that are customized to fit your company''s unique requirements for commercial and industrial storage systems with maximum performance and efficiency for both DC and AC-coupled battery energy storage systems (BESS).
