Business

Sungrow just dropped their annual report for 2023, and it’s fire

Sungrow, the big daddy of PV inverters and energy storage systems, just killed it in 2023. They made mad bank, thanks to crazy demand from all over the globe.

The renewable energy scene was blowing up big time in 2023, and Sungrow was right in the middle of it all. They were hustling hard, focusing on their core biz, and dropping dope innovations left and right. With their eyes on the prize, they raked in a mind-blowing $10.2 billion in operating revenue. Yeah, you heard that right.

And it didn’t stop there. Their net profit shot up like a rocket, jumping a massive 162.7% to a cool $1.3 billion.

But wait, there’s more! Sungrow wasn’t just sitting around counting their stacks of cash. Nah, they were out there making moves, shipping out over 130GW of PV inverters and selling a whopping 10.5GWh of energy storage systems. That’s a whole lotta green energy.

And let’s talk innovation. Sungrow was on another level in 2023, dropping game-changing products like it was nobody’s business. From the world’s first 2,000V inverter to a liquid cooling energy storage system, these guys were unstoppable.

But it’s not all about the money for Sungrow. Nah, they’re all about that eco-friendly life. By hooking up with Sungrow, you’re not just getting top-notch tech, you’re also saving the planet. With over 515GW of power electronic converters installed, Sungrow’s customers are avoiding a crazy 330 million tons of CO2 emissions every year.

But Sungrow ain’t done yet. Nah, they’re just getting started. They’re aiming to go carbon neutral by 2028, and by 2048, they wanna be kicking it with zero emissions across the board. Plus, they’re all about that green energy, using 55% green electricity and launching global volunteer projects.

So, what’s next for Sungrow? They’re sticking to their roots, focusing on solar, wind, energy storage, and green hydrogen. They’re gonna keep pushing the boundaries, dropping dope tech, and making the world a better place, one clean energy solution at a time.

Related Articles

Back to top button