HEFEI, China – Sungrow, a globally recognized leader in renewable energy solutions, has once again earned a coveted spot on the Forbes China Top 50 Most Innovative Companies list for 2024. This marks an impressive fourth consecutive year for the company, solidifying its position as a driving force in the clean energy sector. This remarkable achievement underscores Sungrow’s unwavering commitment to pushing the boundaries of innovation and delivering excellence in the renewable energy industry.
The consistent recognition by Forbes China speaks volumes about Sungrow’s strategic approach to innovation. As Cao Renxian, founder and chairman of Sungrow, emphasized in an interview with Forbes China, “True innovation must align with a company’s core business and market positioning. We set clear directives and objectives to ensure each innovative initiative contributes tangible value to our growth.” This philosophy underpins Sungrow’s success and explains its sustained presence at the forefront of technological advancements in clean energy.
For 27 years, Sungrow has relentlessly pursued its mission of providing ‘Clean Power for All.’ Through continuous innovation in clean energy technology and power electronic conversion technology, Sungrow has effectively harnessed natural resources to create reliable and accessible clean energy solutions. This commitment is shaping a more sustainable future for generations to come.
Currently, Sungrow focuses its innovative efforts on five key areas: solar power, wind energy, energy storage, electric vehicle (EV) driving and charging infrastructure, and hydrogen energy. This diversification demonstrates Sungrow’s comprehensive approach to providing holistic renewable energy solutions and its commitment to addressing multiple aspects of the global energy transition.
Sungrow’s global footprint is equally impressive. As of June 2024, the company had installed a staggering 605 GW of power electronic converters worldwide. This remarkable achievement has cemented Sungrow’s position as the world’s number one PV inverter supplier (according to S&P Global Commodity Insights) and the most bankable Asian energy storage company (as ranked by BloombergNEF). Sungrow’s clean energy innovations are powering projects in over 170 countries, supported by a robust network of 490 service outlets dedicated to providing exceptional customer experiences.
Sungrow’s ongoing success and its commitment to innovation are not merely accolades; they represent a vital contribution to a global shift towards sustainable energy practices. By consistently delivering cutting-edge technology and unparalleled service, Sungrow continues to bridge the path towards a cleaner, greener future. To learn more about Sungrow and its contributions to a sustainable world, visit www.sungrowpower.com.