Sungrow's high-quality inverters promote the development of photovoltaic markets along the "Belt and Road"

On December 7-8, the "2015 Fifth Forum on Strengthening the Application of the Yangtze River Economic Belt and Cross-Strait Services for the Belt and Road Initiative" hosted by the Jiangsu Renewable Energy Industry Association was held in Nanjing. Hundreds of industry insiders participated in the event to discuss power plant financing, technology improvement and cost reduction, demonstration and promotion in neighboring countries of the Maritime Silk Road, etc. Sungrow was invited to attend and give a keynote speech and dialogue!

At the forum, Dr. Zhang Yanhu, Marketing Director of Sungrow Power Supply, delivered a speech entitled "Take advantage of the Belt and Road Initiative to accelerate the inverter going abroad". Dr. Zhang said: Thanks to the national Belt and Road Initiative, the demand for renewable energy in developing countries around the world and China's high-quality photovoltaic products, China's photovoltaic industry has made a major breakthrough in the markets of countries along the Belt and Road. As China's largest professional inverter manufacturer, Sungrow Power Supply has made frequent successes in the overseas market, winning large orders in the photovoltaic markets in Asia, Africa, Europe and other countries, such as the 170MW photovoltaic project of Zhongji Djanet in Algeria and the 900MW photovoltaic project in Pakistan on the China-Pakistan Economic Corridor.

In the dialogue session on opportunities and challenges of the energy industry under the “Belt and Road” strategy, Zheng Guibiao, Vice President of Sungrow Power Supply, said: Healthy competition between enterprises can promote better development of the industry. R&D investment has a lag effect on improving corporate benefits and strength. Enterprises must maintain long-term and huge R&D investment to achieve sustainable development. At present, Sungrow’s R&D personnel account for more than 35% of the total number of employees, and they always insist on investing hundreds of millions of yuan in R&D innovation every year. In order to improve the problem of photovoltaic and wind power generation restrictions and establish smart microgrids, Sungrow has also invested huge R&D forces in energy storage power supplies, and its products are widely used in domestic energy storage demonstration projects.

At the same time, General Manager Zheng said that the larger the market share of an enterprise, the more complete the service system will be, the faster the response speed and fault recovery time will be, the comprehensive service cost allocated to each device will be much lower, and the operation and maintenance of the power station within its 25-year life cycle will be effectively guaranteed.

Since its establishment in 1997, Sungrow has been committed to providing world-class photovoltaic system solutions and has been rated by users as the most popular Chinese photovoltaic inverter brand in the world. As of June 2015, the company's inverters have accumulated more than 17GW of global installed capacity, and its products are exported to more than 50 countries around the world. In the future, Sungrow will continue to increase its R&D investment, take advantage of the "Belt and Road" initiative, carry high-quality inverters abroad, and actively participate in the construction of overseas photovoltaic power stations.