PR88334

TOKYO, March 3, 2021 /PRNewswire=KYODO JBN/ --

Sungrow, the global leading inverter solution supplier for renewables, has

signed 500 MW 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.

The 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.

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 product 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.

About Sungrow

Sungrow Power Supply Co., Ltd ("Sungrow") is the world's most bankable inverter

brand with over 154 GW installed worldwide as of December 2020. Founded in 1997

by University Professor Cao Renxian, Sungrow is a leader in the research and

development of solar inverters, with the largest dedicated R&D team in the

industry and a broad product portfolio offering PV inverter solutions and

energy storage systems for utility-scale, commercial, and residential

applications, as well as internationally recognized floating PV plant

solutions. With a strong 24-year track record in the PV space, Sungrow products

power installations in over 150 countries. Learn more about Sungrow by visiting

www.sungrowpower.com.

SOURCE:  Sungrow Power Supply Co., Ltd.

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   Caption: Sungrow booth at PV Japan expo.