Solar Love
  • Rooftop Solar
    • Energy Storage
  • Solar Panels
  • Policy
  • Research
    • Science
    • Market Research
    • Solar Perceptions & Polls

Solar Love

  • Rooftop Solar
    • Energy Storage
  • Solar Panels
  • Policy
  • Research
    • Science
    • Market Research
    • Solar Perceptions & Polls
Market ResearchPVSolar ProjectsSolar PV ManufacturingSolar Research

Sungrow Invests $939 Million In 600 MW Solar Power Projects

by Jake Richardson December 22, 2015
written by Jake Richardson December 22, 2015
Sungrow Invests $939 Million In 600 MW Solar Power Projects

Sungrow is the largest inverter manufacturer in China and the company is now expanding into the solar power development business. An agreement was recently signed between eastern China’s Chaohu government for the development of 600 MW of PV solar plants. (Note that Chaohu is a city with a population of about 859,000.) The goal is to have all 600 MW grid connected by December 2016. In the summer of 2017, it is expected the new solar power plants will be integrated with agricultural resources like fish ponds, greenhouses, and crops in some manner.

sungrowIn 2014, Sungrow shipped over 4 GW of inverters, but it is trying to boost revenues further by entering the downstream market. “With our scientific background and the reliable performance of our inverters we have won the trust of customers around the globe, and currently have approximately 12 GW of inverters installed worldwide,” said CEO and founder Renxian Cao.

Moving downstream might be seen as a ho-hum expansion into other markets, but it may actually make a company stretch to innovate in order to serve those other customers, as Harvard Business Review notes. “The persistent belief that innovation is primarily about building better products and technologies leads managers to an over reliance on upstream activities and tools. But downstream reasoning suggests that managers should focus on marketplace activities and tools. Competitive battles are won by offering innovations that reduce customers’ costs and risks over the entire purchase, consumption, and disposal cycle.”

Being a technology manufacturer and already having familiarity with solar and wind power seems to make an expansion into developing its own solar power projects both logical and sensible, in order to grow a company.

In 2013, the company was ranked as the second-largest PV inverter manufacturer in the world in terms of the number of shipped megawatts. Over 1,000 people are employed by the company, which also makes wind power converters and distributed power supply. Development, construction, and operation of renewable energy projects is another focus area.

China wants to have 150 to 200 GW of solar power installed by 2020.

Image Credit: Sungrow

chinasolar invertersSungrow
0 comment
0
FacebookTwitterPinterest
Jake Richardson

has been writing about solar energy for years on sites like CleanTechnica, Care2, and Planetsave. He enjoys the outdoors and is passionate about protecting life on this planet. You can connect with Jake on Google Plus.

previous post
Energy Watch Group Wants Higher-Caliber & ‘Realistic’ Energy Projections From IEA
next post
Solar Faces Off Against Nuclear Power’s Latest White Elephant

You may also like

Mitsui To Partner With Indian Company For Distributed...

June 10, 2019

India’s NTPC Offers Solar Project Management Services To...

June 9, 2019

Equinor & Scatec Solar Complete 162 Megawatt Brazilian...

November 29, 2018

Gamesa Awarded 400 Megawatt Solar Project In Egypt

November 29, 2018

Neighborhood Power Installing 10 Megawatt Solar Bifacial+Tracker Project...

November 20, 2018

EDF Renewables Commissions 110 Megawatts Of Solar In...

October 30, 2018

Maui Switches On Another 2.87 Megawatts Of Solar...

October 8, 2018

Capital Dynamics Acquires 121 Megawatt Springbok 3 Solar...

September 27, 2018

EnSync Energy Sells CAL FIRE Solar PPA Project...

August 20, 2018

India Shows More & More Appetite For Solar...

June 4, 2018

Follow Me

Facebook

Recent Posts

  • Meet PVCase: A 3D Solar Design Software That Every PV Designer Should Consider

    June 12, 2019
  • Mitsui To Partner With Indian Company For Distributed Solar Projects

    June 10, 2019
  • India’s NTPC Offers Solar Project Management Services To ISA Members

    June 9, 2019
  • Equinor & Scatec Solar Complete 162 Megawatt Brazilian Solar Plant

    November 29, 2018
  • Gamesa Awarded 400 Megawatt Solar Project In Egypt

    November 29, 2018
  • Facebook

@2019 - All Right Reserved solarlove.org


Back To Top