Sungrow's photovoltaic inverters lead the domestic competitive market

Global photovoltaic situation: Affected by the European debt crisis, the photovoltaic industry is in a short-term downturn, but solar energy is still the most promising renewable energy. In 2011, the installed capacity of photovoltaic systems increased by 67% from 16.6GW in 2010 to 27.7GW, and the cumulative installed capacity of photovoltaics exceeded 67.4GW. Photovoltaics has become the third largest renewable energy source after hydropower and wind power. Among them, Germany currently has 4% of solar photovoltaic power generation, and legislation requires that the share of renewable energy must increase to 35% by 2020, which means there is huge room for development in the future. Emerging markets such as Asia are also gradually opening up the photovoltaic power station market.

Domestic photovoltaic industry situation: Conservative estimates show that by 2015, solar power generation will reach 15GW, and the total installed capacity will be about five times the current level. In July 2011, the National Development and Reform Commission issued a notice on improving the policy of solar photovoltaic power generation grid-connected electricity prices. At the end of the year, the National Energy Administration announced the 12th Five-Year Plan for renewable energy. These policies have further attracted attention to green electricity.

The company's leading position in photovoltaic inverters is difficult to shake. Inverter systems account for a large proportion of power station installations, nearly 9%, and my country's inverter development is relatively late. Compared with developed countries, it is still in the initial and demonstration stage and has not yet formed a large-scale market. In the field of photovoltaic inverters, the company's product performance has the strength to compete with international first-class brands, and its market share has been ranked first in the domestic market for many years. In 2011, the domestic market share of photovoltaic inverters was about 40%, far ahead of other competitors.