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Sungrow Listed in Forbes China's Top 50 Most Innovative Companies

Sungrow announced that it is listed in Forbes China's Top 50 Most innovative companies and is the only inverter company listed.

August 20, 2022. By News Bureau

Sungrow announced that it is listed in Forbes China's Top 50 Most innovative companies and is the only inverter company listed.

This honour reaffirms Sungrow's years-long dedication to technological innovation and recognizes its continuous achievements in the renewable energy industry.

Referring to Innovation, Jack Gu, Sungrow's Senior Vice President, expressed his thoughts during his dialogue with Forbes China the other day: "Solar inverters will still be the 'Brain' to manage modules and be able to detect and repair failures. In addition, as large-scale renewables connect to the grid, PV plants need actively support the grid, which requires the inverter to be more intelligent and competent to manage the system. What is more, when governmental subsidies to this industry decrease, PV plants must bring long-term benefits. Hence, Sungrow seeks to upgrade the inverter equipment with advanced algorithms and other innovative technologies so that they can help save the O&M costs, lower the LCOE and increase the overall ROI for all stakeholders."

Sungrow's innovative spirit is not only manifested in the solar inverter development but is inherited in its booming energy storage system business. "Sungrow aims to be a professional company in storage system integration and smart energy management. We provide three core equipment including Battery Management System (BMS), Power Conversion System (PCS) and Energy Management System (EMS), which are supported by Sungrow's innovative technologies in power conversion, battery, and grid forming," Jack Gu emphasized, "Sungrow will focus on refining the integration of software and hardware of storage system as well as improving energy management systems."

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