Sungrow enters downstream solar market with 600 MW, $939 million investment


Under the terms of the agreement, Sungrow has said it will invest around RMB 6 billion (~US$939 million) in developing 600 MW of solar PV plants on roughly 4,800 acres of agricultural land. The plants will be located around Chaohu city, 100 km from Sungrow’s HQ, and in the Yangtze River Delta region, all in east China.

Although it is still a framework agreement, the goal is to grid connect all 600 MW by the end of next December. The plants are expected to be integrated with agriculture projects, including greenhouses, fishponds or crops, for instance, by the end of June 2017.

In 2014, Sungrow shipped 4.23 GW of inverters. It is now focusing significant effort on downstream projects. In addition to installing PV plants, it is looking to get into EPC and plant ownership, in order to boost revenues.

Edited by Becky Beetz

Popular content

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact:


Related content

Elsewhere on pv magazine...

1 comment

Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.

Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.

You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.

Further information on data privacy can be found in our Data Protection Policy.