Business

Sungrow Bags 500 MW Agreements During PV Japan Expo

TOKYO, March 3, 2021 /PRNewswire/ — Sungrow, a leading global inverter solution supplier for renewables, has signed 500 MW of strategic agreements to supply PV inverter solutions in Japan during the recent PV Expo.

The Company also debuted a future-proof PV and energy storage product lineup optimized for various Japanese market segments; therefore fueling the transition to a low carbon economy and overshooting Japan’s 2050 carbon neutrality target.

Sungrow booth at PV Japan expoSungrow booth at PV Japan expo
Sungrow booth at PV Japan expo

Auspicious beginning for 2021

The 500 MW agreements forged between Sungrow and some major Japan-based companies, will power a large number of applications in the coming years. “Our actions are firmly grounded in Japanese demands. We’re excited for what’s to come from these extensive partnerships as it’s a tremendous opportunity to create customer value and business growth,” said Sun Xiao, Country Manager of Sungrow Japan.

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Energy storage drives net zero carbon

As self-consumption and VPP models increase in popularity, energy storage will play a much greater role in the future. The battery energy storage system (ESS) named ST159KWH-50HV is a 50 kW-3H system for self-consumption, featuring easy installations and a small footprint.

Notably, Sungrow recently supplied a 21 MWh DC-coupling solar-plus-storage project in Hokkaido, ensuring 24 hours continuous yield.

Latest PV lineup boosts innovation

Solar PV is a mainstream power source in Japan towards 2030 and 2050.

Sungrow rolled out the new 5.5 kW string inverter tailored to the surging low voltage market. The inverter features a high DC/AC ratio of 3, enabling a low initial investment. With 3 MPPTs, it’s ideal for complicated terrains.

Japan has experienced a sizable growth in the ultra-high-voltage (UHV) market. The high-performance 125 kW string inverter Sungrow debuted is designed to support small utility-scale projects, compatible with the growing preference of high wattage bifacial modules.

Its compact design and light weight of only 70 kg, permits faster solution speeds at installation and commissioning. The new offerings for the high voltage segment include 100 kW and 49.5 kW string inverters, featuring high efficiency and durability; therefore, making the assets of stakeholders more profitable.

Sungrow’s seven-year Japanese presence aids in aligning with its customers. “Our target in 2021 is to increase market share within the energy storage market and get a strong foothold in the UHV PV segment. We foresee the deployment of our commercial product portfolio and a strong beginning with more low voltage projects as well,” commented Sun Xiao at the expo.

PR Newswire

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