Growatt won the "Annual Photovoltaic Industry Inverter Award" at the Korea International Solar Energy Storage Conference-EEWORLD

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On June 24-25, the 5th International Photovoltaic Energy Storage Conference 2019, the most influential in the global photovoltaic energy storage field, was held in Seoul, South Korea. Growatt was invited to attend and discuss the development of the photovoltaic energy storage market with global photovoltaic industry leaders. At the award ceremony held at the same time, Growatt won the "2019 Photovoltaic Industry Inverter Award" for its strong strength in the field of energy storage, excellent quality and solutions, and outstanding achievements in the global market.

▲Qiao Xin, International Sales Director of Growatt (third from left)

In 2018, the scale of new energy storage installations in the world doubled compared to 2017. According to the latest news from Wood Mackenzie on its 2019 Global Energy Storage Outlook Report, the newly deployed capacity in the global energy storage field is 3.3GW/6GWh, a year-on-year increase of 140%. South Korea has been committed to energy storage technology and occupies nearly half of the global market share. Encouraged by the RPS program and green certificates, South Korea's energy storage installed capacity will account for 1/2 of the global energy storage market growth, and the application areas include industrial and commercial peak shaving, photovoltaic/wind power matching, and small household systems. Whether from the South Korean government's goals in the field of renewable energy and the policy to promote the combined application of photovoltaic + energy storage, or from South Korea's own geographical location and resources, there is no doubt that the South Korean market will become the highlight of the global photovoltaic energy storage market in 2019. Growatt will continue to deepen its presence in the local market and provide high-quality products, technologies and localized services.

At the energy storage summit dialogue at the conference, Growatt International Sales Director Qiao Xin analyzed the global photovoltaic energy storage market and conducted in-depth discussions with global industry experts and new energy company executives attending the conference, looking forward to a new era of energy storage development in the future. He believes:

"Energy storage plays a core role in today's energy revolution. The innovation and promotion of energy storage technology are bringing disruptive changes to the energy industry. As a strategic emerging industry, the energy storage industry is attracting more and more companies and capital. Through the analysis and analysis of current domestic and international markets, policies, and systems, Growatt has identified the technical direction and development trend of the future energy storage market in advance. As early as eight years ago, it has been providing high-quality and reliable energy storage products to markets such as Europe, Australia, and South Korea. The favorable global energy storage policies in South Korea and other countries have brought new opportunities for Growatt's overseas research and development, production, and sales. Growatt has accelerated its globalization strategy, established global research and development centers and branches, and its products are sold to more than 100 countries and regions around the world. In the future, we will optimize the layout of overseas production capacity, conduct more cross-border cooperation, and combine strengths to become a global excellent user-side smart energy solution provider, making the use of green energy easy and convenient."

▲Qiao Xin, International Sales Director of Growatt (second from left)

It takes time to build a mountain. Compared with the sudden honor, what is less known is that Growatt has been deeply engaged in energy storage for many years, constantly exploring and innovating, and promoting the commercialization of energy storage through a variety of energy storage application solutions, and has achieved impressive market performance. Comprehensive reserves have been made in technology research and development and market development. It has products and solutions such as the Growatt SPH series of off-grid inverters, SPA series of household energy storage inverters, and SPF series of off-grid inverters. The application range covers household, industrial and commercial, microgrid, off-grid, etc., meeting the individual needs of customers. Equipped with Growatt energy storage batteries and Shinel ink, smart home energy management can be realized. Growatt's smart home energy management system integrates efficient power generation, safe power storage, smart power use, real-time energy control, and centralized management of energy information to create a complete new energy ecosystem.

Reference address：Growatt won the "Annual Photovoltaic Industry Inverter Award" at the Korea International Solar Energy Storage Conference

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