It was an impressive showing by Sungrow in the U.K. during the first quarter, with more than 100 MWs of its inverters installed to the countrys grid. It comes at an exciting time for the Chinese company, as sales continue to grow, at the same time that it is starting to connect its 1500-volt (V) inverters to the Chinese grid.
The inverters that were connected to the U.K. grid were Sungrows the SG2000/250 10 feet compact container turnkey solution, the SG2000/2500-MV 20 feet container turnkey solution, the SG60KTL string inverter and the SG1000MX outdoor central inverter. They are the companys PV inverters that are particularly popular in the Chinese, Indian and British markets, as they operate with excellent efficiency and provide high energy yields.
Sungrow always focuses on technical innovation with over 35% of our employees in the R&D department, said Professor Cao Renxian, CEO of Sungrow. We will offer better products and services to the UKs customers.
The additional 100 MW of Sungrow inverters that have been connected to the U.K. grid now brings the total number of installations for the company in the U.K. to over 260 MW. It is encouraging for the Chinese company, but this number is likely to plateau in the not too distant future, as the prospects for future large-scale PV projects are in a state of limbo after the U.K. government reduced the subsidies for these projects.
This should not dent the outlook for Sungrow too heavily however, as the company continues to expand its outreach in various global markets, including India and Thailand. Earlier in the month, Sungrow announced that it was granted certificates for its inverters for two projects in India. With the enthusiastic outlook in the Indian PV market, this is likely to be a country that Sungrow will look to focus on.
Other exciting news for the company was the connection of its first 1500V inverters to the Chinese grid in Xinjiang Province last month. The 1500V inverters are widely expected to be the future for PV projects, and with 20 GW of PV installations globally, Sungrow is poised to take advantage of this transition.