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Sungrow Achieves Top Rank in Inverter Bankability Rating for 2024

Sungrow, a leading name in renewable energy technology, has just been recognized as the top inverter supplier in BloombergNEF's 2024 PV Module and Inverter Bankability Survey. This prestigious acknowledgment marks the fifth consecutive year Sungrow has been awarded this status, highlighting its enduring reliability and trustworthiness in the global solar industry.

The significance of this rating cannot be understated. It implies that financial institutions are far more likely to provide term loans for solar projects utilizing Sungrow inverters, thus facilitating long-term financial stability for stakeholders. As the solar market witnesses rapid expansion, securing financing for projects is among the primary challenges faced by developers, making this recognition particularly valuable.

Sungrow attributes its success to its commitment to the mission of delivering “Clean power for all.” The company boasts the industry’s largest R&D team and has a remarkable track record of 28 years, consistently launching innovative products that cater to the increasing global demand for clean energy. Sungrow’s cutting-edge technology, such as 2000V PV and advanced energy storage solutions, positions it as a frontrunner in creating affordable and accessible clean energy solutions.

The company has achieved significant milestones in its global outreach, with its PV inverters now being exported to over 180 countries. Consistently recognized for its high shipment volumes, Sungrow holds the position of the world's No. 1 in PV inverter shipments, as reported by SP Global Commodity Insights. Additionally, in the energy storage bankability rankings published in 2024 by BloombergNEF, Sungrow has again secured the top spot, showcasing its dual leadership in both inverter and energy storage bankability.

With over 740 GW of power electronic converters installed globally and a robust network of 490 service outlets providing exceptional customer support, Sungrow exemplifies commitment to both quality and service in its offerings. The firm also emphasizes its dedication to paving the way for a sustainable future, where advanced technology and unparalleled customer service converge to foster a clean energy landscape.

In summary, Sungrow's recognition as the leading inverter brand by BloombergNEF is more than a title; it reflects the company’s influence and standing in the renewable energy sector. As the need for sustainable energy solutions increases worldwide, Sungrow is poised to continue its trajectory of growth and innovation, ensuring cleaner power access for all. For more details about Sungrow's initiatives and products, visit www.sungrowpower.com.