“Companies should be more innovative in reducing and eliminating carbon”

Cao Renxian emphasized that enterprises are the primary force in innovation and leading the global clean energy transition. Whether energy-intensive businesses or environmentally friendly businesses committed to technological innovation need to take a more proactive role in the global decarbonization mission. Enterprises occupy a dominant position in innovation and should invest more in it while concentrating on their core business.

ESG and Sungrow collaboration

As a leading global supplier of inverter solutions for renewable energy sources, Sungrow has been working to advance the global cause of clean energy transition for 25 years and collaborates with partners to consistently accelerate the pace.

2022 is the 25-year founding ceremony of Sungrow. In the past years, Sungrow has been able to reduce the cost of clean energy conversion equipment by more than ten times, greatly improve the efficiency and reliability of renewable energy, and help realize unsubsidized renewable energy production. Sungrow has also secured a significant amount of RE projects around the world that provide clean energy for global citizens and many factories of multinational companies. Currently, Sungrow strives to promote the integration of PV, storage and charging in multiple scenarios and applies advanced technologies such as Blockchain to facilitate such progress.

By the end of 2021, Sungrow has completed the installation of over 224GW of inverter solutions in more than 150 countries and regions, which can generate more than 300 billion kWh of clean electricity per year and reduce CO2 emissions by more than 200 million tons per year. These initiatives are firmly contributing to protecting a clean and beautiful planet and empowering a carbon-free net transformation in thousands of industries.

The past 25 years mark not only Sungrow’s successful journey driven by technological innovation to make renewable energy more efficient, accessible and economical to power, but also reflect its proactive strategy to improve corporate Environmental, Social and Governance (ESG). In 2021, we received the great honor of being among the 1st place Chinese top 500 ESG excellent companies and ranked as the world’s #1 inverter supplier by HIS Markit. Furthermore, Sungrow will continue to take a holistic approach leveraging its synergistic strengths in PV, energy storage, EV charging, wind power and hydrogen energy and continue to provide comprehensive and innovative solutions for renewable energy projects in an effort to ensure clean energy for all.

About Sungrow

Sungrow Power Supply Co., Ltd. (“Sungrow”) is the world’s most profitable inverter brand with over 224 GW installed worldwide since December 2021. Founded in 1997 by a university professor Hello Renxian, Sungrow is a leader in solar inverter R&D with the largest dedicated R&D team in the industry and a broad product portfolio offering PV inverter solutions and energy storage systems for utility, commercial and industrial and residential applications as well as internationally recognized solutions. floating photovoltaic plants, NEV drive solutions and EV charging station solutions. With a strong 25-year experience in the photovoltaic space, Sungrow manufactures electrical installations in over 150 countries. Learn more about Sungrow by visiting: www.sungrowpower.com.

SOURCE Sungrow Power Supply Co., Ltd

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