Analysis
Sungrow 2024 Annual Results: What the Numbers Mean for Energy Storage
Sungrow
📍 Hefei, China · Est. 1997Listed · SZSE: 300274
Overview
Sungrow Power Supply Co., Ltd., founded in 1997 and headquartered in Hefei, China, is one of the world's largest manufacturers of power conversion systems and integrated AC-coupled battery energy storage systems. Originally established as a solar inverter company, Sungrow has grown into the second-largest global energy storage system supplier by shipment volume. The company manufactures at facilities in China, India, and Thailand, with a European factory under construction in Poland.
At a Glance
$11.0B
Turnover
17,300
Employees
28 GWh
ESS Shipments
Products
Sungrow offers 8 BESS products across 4 categories: AC Block, DC Block, PCS & MV Skid, Plant Controls. 2 products have detailed specifications available.
AC Block
PowerTitan 3.0 10ft Flex
View Specs
PowerTitan 3.0 20ft Class
View Specs
PowerTitan 3.0 30ft Plus
View Specs
DC Block
ST2236UX
2,236 kWh
View Specs
ST2752UX
2,752 kWh
View Specs
ST5015UX-S-2H
5,015 kWh
View Specs
PCS & MV Skid
Plant Controls
Global Presence
Sungrow is headquartered in Hefei, China with manufacturing in China, Global (19 offices).
Financials & Reports
Sungrow is publicly listed (SZSE: 300274). Key figures from 2024. Annual report available for download.
Key Figures
$11.0B
Turnover
17,300
Employees
28 GWh
ESS Shipments
$48B
Market Cap
Source: 2024 annual report
Independent Analysis
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Stock Performance
Sustainability
Sungrow publishes an ESG report covering environmental, social, and governance practices.
Certifications & Compliance
Sungrow holds 3 certifications covering quality management, environmental standards, and safety compliance.
ISO 9001
ISO 14001
ISO 45001
