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Sungrow Power Supply Co Ltd (Sungrow) is a renewable energy company that specializes in research, development, production, sales, and service of new energy power supply devices. The company offers products such as photovoltaic (PV) inverters, wind converters, energy storage systems, and floaters for floating PV power plants. Its solutions are residential system solutions, commercial system solutions, utility system solutions, and residential PV + ESS + charger solutions, among others. Sungrow also offers installation, warranty, repair, and on-site field services. Its products are utilized by customers across various industries, including solar energy, wind energy, and energy storage sectors. Sungrow is headquartered in Hefei, Anhui, China.
Headquarters
China
Address
No. 1699, Xiyou Road, High-Tech Zone, Hefei, Anhui, 230088
Website
us.sungrowpower.com
Telephone
86 551 65327867
No of Employees
19,006
Industry
Alternative Energy
Ticker Symbol & Exchange
300274 (SHE)
Revenue (2024)
$12.4B
14.5%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
22%
(2024 vs 2023)
Market Cap*
$34.3B
Net Profit Margin (2024)
XYZ
6.4%
(2024 vs 2023)
* As of and is in US$
Sungrow Power Supply Co Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Photovoltaic Systems | Installation and Warranty |
| String Inverters | Repair |
| Central Inverters | On-Site Field Services |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In July, the company along with Solar Hive signed a partnership with Berde Renewables to support businesses in the Philippines and Thailand transition. |
| 2026 | Corporate Changes/Expansions | In July, the company launched its brand new Solar and Battery Experience Hub in Australia. |
| 2026 | Contracts/Agreements | In July, the company entered into a strategic agreement with BNZ to supply battery energy storage systems covering a total of 240 MWh. |
Competitor Comparison
| Key Parameters | Sungrow Power Supply Co Ltd | Ginlong Technologies Co Ltd | Sineng Electric Co Ltd | Shenzhen Kstar Science and Technology Co Ltd | Growatt New Energy Technology Co Ltd |
|---|---|---|---|---|---|
| Headquarters | China | China | China | China | China |
| City | Hefei | Ningbo | Wuxi | Shenzhen | Shenzhen |
| State/Province | Anhui | Zhejiang | Jiangsu | Guangdong | Shenzhen |
| No. of Employees | 19,006 | 4,755 | 1,942 | 4,516 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Cao Renxian | President; Chairman | Executive Board | 2010 | 58 |
| Gu Yilei | Vice Chairman; Senior Vice President | Executive Board | 2023 | 48 |
| Chen Zhiqiang | Director; Senior Vice President | Executive Board | 2015 | 46 |
| Wu Jiamao | Senior Vice President; Director | Executive Board | 2023 | 54 |
| Tian Shuai | Vice President; Chief Financial Officer | Senior Management | 2022 | 43 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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