Sungrow

Business focus

New Energy & Storage

Description

Sungrow was founded in 1997 in Hefei, Anhui, trading on the Shenzhen exchange since 2011. It is the world's leading solar inverter maker, shipping about 148 GW in 2024 and reaching roughly 870 GW cumulative installed capacity (about 25.2% shipment share by mid-2025) — with Huawei it has held around 55% of the global market for ten straight years. Sungrow is also a top energy storage maker, with about 11.9% global market share in 2024.