Sungrow Named Top 25 Global Renewable Energy Honoree by Thomson Reuters
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Sungrow has been one of the most fast growing companies in the clean energy industry. Indeed, the company's continued heavy investment in R&D and technology development certainly paid off, according to recent growth metrics. Sungrow's latest interim financial report for Q3 2017 shows that its revenue has grown 265.23% from the same period of last year. Its global inverter shipments have reached over 10.9GW in H1 2017, rising nearly 70% from H1 of the previous year. The company, which is celebrating its 20th anniversary this month, now has over 49GW deployed worldwide.
"We are thrilled to be named in the Top 25 Global Renewable Energy Honorees list by Thomson Reuters. Sungrow has been dedicated to clean energy for 20 years and the reason for our continued success lies in our never-fading passion for innovation, quick response to customers' needs, and high standards of social responsibility. Looking ahead, we will continue to play a pivotal role in clean power adoption across the globe," said Prof. Renxian Cao, President of Sungrow.
About Sungrow
Sungrow is a global leading inverter solution supplier for renewables with over 49GW installed worldwide as of June 2017. Founded in 1997 by University Professor Renxian Cao, Sungrow is a global leader in research and development in solar inverters, with numerous patents and a broad product portfolio offering PV inverter systems as well as energy storage systems for utility-scale, commercial, and residential applications. With a 20-year track record of growth and success, Sungrow's products are available in over 50 countries, maintaining a market share of around 25% in Germany and over 15% globally. Learn more about Sungrow by visiting: http://www.sungrowpower.com
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