Sungrow Power Supply has been recognized as the global leader in energy storage systems and PCS financing in the 2024 BloombergNEF Energy Storage System Cost Survey. The company secured first place in both the global energy storage system and PCS (Power Conversion System) financeability rankings, a testament to its outstanding product quality, innovative technology, solid financial position, supply chain reliability, and extensive global project experience.
BloombergNEF, one of the world’s most authoritative third-party research institutions, has long been a trusted source for financial institutions making commercial credit decisions. Being ranked as the most financeable brand by BloombergNEF is a significant achievement for Sungrow, enhancing its ability to secure project financing and making its projects more competitive. This recognition demonstrates the trust that international clients, particularly those based in Europe and North America, place in Sungrow’s brand and solutions.
Key Achievements in the Past Year:
Global Leader in energy storage system installations, with the highest cumulative installed capacity worldwide.
Signed 7.8 GWh worth of global benchmark energy storage system orders.
Completed two of the largest combustion tests globally, setting new safety standards for the energy storage industry.
Launched innovative full-scenario grid connection technology, further advancing the company's commitment to providing reliable services and contributing to the global green energy transition.
Sungrow's global strategic presence and strong R&D investment have been key drivers behind these achievements. The company remains committed to supporting the transition to sustainable energy by providing trusted and cutting-edge energy storage solutions to clients around the world.
With a proven track record and continued innovation, Sungrow is poised to lead the way in shaping the future of global energy storage and driving the transition to a green, sustainable energy future.
About Sungrow: Sungrow is a leading global provider of renewable energy solutions, offering products and services that span across energy storage systems, inverters, and other clean energy technologies. With a focus on innovation, reliability, and sustainability, Sungrow is committed to accelerating the world’s transition to renewable energy.
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