Sungrow Energy Storage Field Share-Prognose
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Minety, England, August 4, 2021 /PRNewswire/ -- Europe''s largest energy storage project, the 100MW/100MWh Minety plant with Sungrow''s 1500V energy storage system solutions has been successfully grid-connected, designed for
Does Sungrow have a strong revenue growth in 2021?
Hefei, China, April 21, 2022 -- Sungrow, the global leading inverter and energy storage system solution supplier, released its annual report 2021, reporting a strong revenue increase and a further step in the holistic renewable business, especially the PV and energy storage arenas.
How did Sungrow perform in 2021?
Sungrow had over 47 GW of PV inverters shipped in 2021 increasing its global market share to 30%. The Company catalyzed the distributed generation market with over 50,000 string inverters delivered last year. The energy storage division also increased in revenue by 168.51% to $486.5 million.
Why did Sungrow become a leader in the global PV market?
During that period, Sungrow saw a significant increase in market share of distributed inverters both in China and the international market, gained new overseas key accounts and signed several GW-level inverter orders worldwide, consolidating its leading role in the global PV market.
Where does Sungrow rank in market share?
Sungrow also ranked top in market share in regions like India, Australia, South Korea, the Middle East and North Africa, and Southern Africa. Sungrow also created impressive performance either in market share or shipments in the Japanese market, European distribution market, and China's distributed markets.
Where does Sungrow's revenue come from?
Notably, the Company had over 3 GWh of energy storage systems shipped globally in 2021. The report shows that approximately 40% of Sungrow’s revenue comes from markets outside of China, where its headquarters are based. Further, the Company has supplied its product solutions to over 150 countries.
What does Sungrow do?
Sungrow is committed to the safe, efficient and stable operation of the trinity of new energy, energy storage, and the grid. It will continue working towards the realization of global carbon neutrality. About Sungrow
