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Sungrow Prepares to Further Drive Energy Transition in the Andean Region

BOGOTA, Colombia, Nov. 10, 2023 /PRNewswire-HISPANIC PR WIRE/ — On October 24 and 25, 2023, the Latam Future Energy Andean Renewable Summit took place in Bogota, Colombia. Sungrow, the global leading PV inverter and energy storage system supplier was key member of the summit, the Company shared insights in both solar and storage markets in varied applications, which is expected to fuel the energy transition.

Sungrow’s business strategy in the markets of the Andean region is optimistic. According to Héctor Nuñez, Sungrow North LATAM Head of Sales, the markets are focused on the deployment of more solar energy, although some stand out for their stability and growth potential.

Chile is presented as a solid market, among the company’s target markets. Landmark projects Sungrow supplied include the 181.25 MW Coya PV project and the 638 MWh Coya BESS project. However, Sungrow’s approach is not limited to just stable markets.

“Colombia has shown interesting dynamism in recent years where Sungrow is one of the market’s pioneers. Additionally, the company is moving into growing markets, such as countries in Central America and the Caribbean, and supplies landmark projects in each market,” Luis Miguel González Castillo, Sungrow Key Account Manager for Colombia and Central America, who spoke at the summit.

The attributes of the Company allow it to have greater ambitions. When it comes to the core of its success, Oliver Quintero, Key Account Manager at Sungrow said: “Technical innovations are the core of our long-term development.”

Sungrow’s 1+X Modular Inverter for the utility-scale market is a flagship product among its numerous innovations. This product combines the advantages of both central and string inverters, featuring a 1.1 MW single unit at the minimum, and the maximum capacity can be expanded to 8.8 MW by combining eight units; thus, creating a more flexible design for different blocks sizes and allowing for easier on-site operation and maintenance.

Sungrow’s commitment to innovation doesn’t stop with inverters. The company is also focused on improving its energy storage offering. With an emphasis on storage density, cost reduction, and premium safety, Sungrow offers liquid cooled energy storage systems, the PowerStack and the PowerTitan, which are tailored to commercial & industrial and utility-scale energy storage markets respectively.

For the last four years, Sungrow has been ranked as the world’s most bankable inverter brand (source: BloombergNEF). As Latin America is one of its strategic markets, the Company remains a large player in the region. According to its announcement during Intersolar South America 2023, its cumulative PV inverter orders contracted for Latin America hit 15 GW.

About Sungrow

Sungrow Power Supply Co., Ltd. (”Sungrow”) is the world’s most bankable inverter brand with over 405 GW installed worldwide as of June 2023. 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 & industrial, and residential applications, as well as internationally recognized floating PV plant solutions, NEV driving solutions, EV charging solutions and renewable hydrogen production systems. With a strong 26-year track record in the PV space, Sungrow products power over 150 countries worldwide. For more information about Sungrow, visit www.sungrowpower.com.

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10 Nov 2023

by caribpr

energy

#sungrow, Andean Renewable Summit, Caribbean, Central America, Chile, Colombia, Latin America Solar Energy, renewable energy

Energyear Caribe 2022: Sungrow Presents Latest Innovations for the Caribbean Decarbonization

SANTO DOMINGO, The Dominican Republic, Oct. 21, 2022 /PRNewswire-HISPANIC PR WIRE/ – Recently, Energyear Caribe convened for its third time in the Dominican Republic. Sungrow, the summit’s dedicated sponsor, shared insights on technical innovations applied to PV plants, offering a multiple of opportunities and approaches for Caribbean decarbonization.

Sungrow spokesperson at Energyear Caribe 2022

Deep decarbonization to achieve net-zero CO2 emissions is one of the Caribbean region’s major ambitions as this could have large economic, environmental, and social benefits. As a leader in Caribbean energy growth, the Dominican Republic commits to a 27% greenhouse gas (GHG) reduction by 2030. As a key industry player, what does Sungrow contribute to the carbon neutral goal in the Dominican Republic and other Caribbean countries?

Gonzalo Feito, Sungrow’s Andean and Caribbean Regional Director, introduced some key PV inverter technologies which maximize the return on investments for stakeholders and presented a speech titled, “New Technologies Applied to Photovoltaic Plant Development and Performance,” illustrating Sungrow’s competitiveness in the PV sector.

“An experienced supplier like Sungrow, with 269 GW installations globally can offer customers reliable and resilient inverter solutions, delivering higher availability and lower LCOE,” said Feito. Among its latest inverter portfolio, the 1+X Modular Inverter is the most innovative as it redefines both the ”string” and ”central” inverter with its modular design — the product features a 1.1 MW single unit as the minimum, and the maximum capacity can be expanded to 8.8 MW by combining eight units. Customers can choose from 1.1 MW to 8.8 MW based on their specific project requirements. In addition, operation and maintenance (O&M) duration and costs are significantly decreased due to this modular design.

Most of the Caribbean countries are isolated regions, which often have a weak grid infrastructure. Sungrow’s 1+X Modular Inverter provides strongly enhanced grid support technologies and can operate stably even if the SCR is as low as 1.018.

In addition, the product features an IP65 ingress protection degree and a safe high-level anti-corrosion design of C5, making it durable in island countries, which are vulnerable to harsh conditions like high humidity, earthquakes, and hurricanes.

Although energy storage development in the Caribbean is still nascent, the market displays that the use of energy storage co-located with PV will increase in the years ahead to integrate variable renewable generation. The 1+X Modular Inverter comes with the DC energy storage interface built into this solution. This supports connecting to the energy storage system; thus, enabling customers to enjoy the storage function for future energy use.

The Dominican Republic and other Caribbean countries are focusing on improving their clean energy policies, regulations, and incentives in order to create clear rules for market players. Sungrow is poised to tap the potential of these emerging solar markets with best-in-class inverter solutions and services offered by a professional and dedicated local team. It’s reported that the Company already secured orders in the Dominican Republic, and the projects are currently under construction.

About Sungrow

Sungrow Power Supply Co., Ltd. is the most bankable inverter brand with over 269 GW installed worldwide as of June 2022. Founded in 1997 by 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 & industrial, and residential applications, as well as floating PV plant solutions, NEV driving solutions, EV charging solutions and renewable hydrogen production systems. With a strong 25-year track record in the PV space, Sungrow products power over 150 countries worldwide. Learn more here: www.sungrowpower.com.