× Main Page Fashion Lifestyle Sport Home Travel Real Estate Business
Social Responsibility Environment Education Innovations Retail Design Photography
Brands Lists
× Main Page Fashion Lifestyle Sport Home Travel Real Estate Business
Social Responsibility Environment Education Innovations Retail Design Photography
Brands Lists

BUSINESS - COMPANY NEWS

Sungrow Prepares for Major Growth in Emerging APAC Solar Markets

Sunday, April 1, 2018

Sungrow supplied to a 1.5MW PV plant in Gongju-si, Chungcheongnam-do, South Korea

BUSINESS - COMPANY NEWS

Source : Sungrow

Facebook Share Twitter Tweet Google Plus Share

Sungrow, the global leading inverter solution supplier for renewables, is expanding its presence in emerging APAC solar markets, in particular South Korea and Vietnam. The Company will have a brand presence at Green Energy Expo Korea and the Solar Show Vietnam in early April.

Backed by the "Renewable Energy 2030" Plan, PV installation in South Korea is expected to grow into a 37 GW market by 2030. Sungrow South Korea is now providing complete solutions comprising of central inverters, string inverters, power control systems (PCS) for energy storage system (ESS), and ONE-STOP solution for floating PV power plants, addressing a wide range of demands from the market. Major products include the SG1000 containerized turnkey station and SG50KTL-M string inverter which were widely deployed worldwide, the SC500 energy storage inverter designed for the ESS market in South Korea, and a floating system for PV power stations.

Vietnam is another country in the APAC region embracing solar energy adoption. Sungrow's product showcased, apart from the 1500V product series, i.e. the 2.5MW medium voltage turnkey station SG2500HV-MV and the world's most powerful string inverter SG125HV, is its floating solution for PV plants.

As a result of strong performance in established markets like China, India, Japan, Europe, and the US, Sungrow witnessed rapid growth in 2017, shipping 16.5GW of PV inverters. According to a recent report by PV Tech, Sungrow held the largest market share in India in Q4 2017, reaching up to 27%. Meanwhile, these markets also see growing demands for ESS and floating PV power plant solutions. "We are determined to explore new PV markets while consolidating our leading role in the established ones. Meanwhile, we will continue to strengthen our R&D capability to meet diversified needs from our global clients," said Prof. Renxian Cao, President of Sungrow.





LATEST POSTS
There are new developments in green energy every day. The Community Solar Project concept is one of them. It provides access to solar energy to residents and businesses that do not have own property or proper roof to install a solar panel.
Indoor bike trainers, which targeted only to professional cyclists during the first years they were introduced to the market, have become a product that can be reached by every cycling enthusiast thanks to the visionary brands. I talked with Brian Turany about CycleOps Indoor Bike Trainers.
GODIVA Café, which is one of the steps of GODIVA's global strategy aiming at fivefold growth in the next six years, has been opened its first chocolate café in New York City following Japan, China, Belgium, and the Middle East.
Aloft Hotels, with more than 150 hotels in more than 20 countries, has added a brand new one to its collection. Aloft Shanghai Zhangjiang Haike Hotel became the first Aloft hotel in Shanghai.
It should be wonderful to pursue a career in a creative profession like photography and work in projects related to the cars you are interested in. I talked with Seagram Pearce about his life, photography career, and the details of automotive and commercial photography.