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Sungrow

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had financing difficulties and support in European countries suddenly stopped leading to a decline in industry demand. In 2011, China's photovoltaic production had excess capacity leading to drop in prices for materials and components. However Sungrow went against the trend wheres its profit
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despite his peers dissuading him as he had only just gotten married. Cao saved 80,000 yuan and obtained 500,00 yuan from friends and relative to start the business. He rented a room of less than 20 square meters next to a bathhouse opposite the school which was where Sungrow was established.
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When the business first started, renewable energy was only in its infancy stage and therefore Sungrow could only make traditional established products rather than developing ones. It encountered obstacles due to the weather. The turning point came in 2002 when the
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reported concerns on how Sungrow which had links to the Chinese Government was one of the largest suppliers in the Australian solar inverter market.
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as the world's most valuable solar sector company. Sungrow benefited from China's boom in battery-storage capacity leading to higher revenues.
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farm in the world. It produced enough energy to power 15,000 homes which was double capacity of the solar farm (built by
665: 369: 542: 383: 350: 325:. Dissatisfied with his job, in 1997 at the age of 30 Cao resigned from his position to start his own business in 825: 498: 860: 658: 362: 358: 75: 996: 845: 910: 436: 930: 335: 730: 339: 935: 800: 775: 700: 875: 840: 785: 740: 326: 219: 895: 850: 805: 755: 644: 298: 259: 890: 885: 820: 810: 715: 710: 689: 405: 387: 302: 61: 960: 905: 770: 760: 705: 401:, India. This would be its largest solar inverter manufacturing base built overseas. 89: 69: 28: 855: 456: 830: 750: 720: 431: 391: 870: 745: 376: 179: 37: 915: 780: 534: 398: 379:
visited Anhui province and affirmed Sungrow's contribution to the project.
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started a solar energy project to brings electricity to remote villages in
940: 815: 795: 230: 210: 190: 170: 835: 790: 765: 865: 288: 900: 683: 310: 306: 199: 139: 135: 131: 920: 725: 616:"Sungrow Ousts Longi as World's Most Valuable Solar Energy Firm" 654: 566:"China flips the switch on world's biggest floating solar farm" 945: 638: 252: 247: 237: 217: 197: 177: 161: 145: 127: 113: 95: 85: 67: 57: 47: 35: 987:Companies listed on the Shenzhen Stock Exchange 736:China Merchants Shekou Industrial Zone Holdings 666: 597:"China's spy threat to our solar energy grid" 394:) previously considered the world's biggest. 8: 397:In August 2018, Sungrow opened a factory in 21: 413:In March 2024, Sungrow surpassed its rival 279:(also known as Sungrow Power Supply ; 673: 659: 651: 643: 258: 27: 20: 368:Sungrow has played a significant role in 354:increased tenfold between 2008 and 2011. 448: 305:manufacturing company headquartered in 7: 528: 526: 524: 492: 490: 488: 486: 484: 154:Cao Renxian (Chairman and President) 361:and became a listed company on the 357:In November 2011, Sungrow held its 386:which at the time was the largest 372:via photovoltaics. In April 2016, 16:Chinese solar photovoltaic company 14: 926:Xishan Coal and Electricity Power 595:Stewart, Cameron (21 July 2023). 682: 576:from the original on 2 June 2024 545:from the original on 2 June 2024 509:from the original on 2 June 2024 469:from the original on 2 June 2024 301:Chinese solar photovoltaic (PV) 226: 225: 206: 205: 186: 185: 166: 165: 992:Solar energy companies of China 967:Companies in the SZSE 100 Index 614:Murtaugh, Dan (26 March 2024). 268:Footnotes / references 499:"穿越多轮行业危机 阳光电源逆势而上更阳光 _ 证券时报网" 323:Hefei University of Technology 293: 284: 22:Sungrow Power Supply Co., Ltd. 1: 977:2011 initial public offerings 427:LONGi Green Energy Technology 415:LONGi Green Energy Technology 321:Cao Renxian was a teacher at 972:1997 establishments in China 564:Zheng, Sarah (2 June 2017). 370:Targeted Poverty Alleviation 382:In 2017, Sungrow built the 351:photovoltaic power stations 101:; 27 years ago 1013: 384:Sungrow Huainan Solar Farm 347:2007–2008 financial crisis 826:Maxscend Microelectronics 696: 266: 26: 982:Companies based in Hefei 861:Qinghai Salt Lake Potash 570:South China Morning Post 497:陈, 文斌 (8 August 2018). 363:Shenzhen Stock Exchange 359:initial public offering 846:NAURA Technology Group 533:火星商业 (21 April 2022). 911:Wens Foodstuff Group 688:Constituents of the 457:"2023 Annual Report" 437:Solar power in China 233:26.31 billion (2023) 213:51.27 billion (2023) 173:72.25 billion (2023) 931:Yunnan Baiyao Group 239:Number of employees 193:9.61 billion (2023) 23: 731:Changan Automobile 340:Northwestern China 336:Chinese government 294:Yángguāng Diànyuán 954: 953: 936:Zhongji Innolight 801:JA Solar Holdings 776:Guosen Securities 701:Aier Eye Hospital 535:"大跌268亿,阳光电源雪崩背后" 374:General Secretary 274: 273: 1004: 876:Shenwan Hongyuan 841:Muyuan Foodstuff 786:Huadong Medicine 741:Dahua Technology 687: 686: 675: 668: 661: 652: 647: 642: 641: 639:Official website 624: 623: 611: 605: 604: 592: 586: 585: 583: 581: 561: 555: 554: 552: 550: 530: 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733: 728: 723: 718: 716:BOE Technology 713: 711:Bank of Ningbo 708: 703: 697: 694: 693: 690:SZSE 100 Index 680: 678: 677: 670: 663: 655: 649: 648: 632: 631:External links 629: 626: 625: 620:Bloomberg News 606: 601:The Australian 587: 556: 520: 480: 447: 446: 444: 441: 440: 439: 434: 429: 422: 419: 407:The Australian 404:In July 2023, 388:floating solar 318: 315: 272: 271: 264: 263: 249: 245: 244: 241: 238: 235: 234: 223: 215: 214: 203: 195: 194: 183: 178: 175: 174: 163: 159: 158: 156: 155: 151: 149: 146: 143: 142: 129: 125: 124: 122: 121: 117: 115: 111: 110: 97: 93: 92: 87: 83: 82: 73: 68: 65: 64: 59: 55: 54: 51: 48: 45: 44: 41: 36: 33: 32: 15: 13: 10: 9: 6: 4: 3: 2: 1009: 998: 997:1997 in Hefei 995: 993: 990: 988: 985: 983: 980: 978: 975: 973: 970: 968: 965: 964: 962: 947: 944: 942: 939: 937: 934: 932: 929: 927: 924: 922: 919: 917: 914: 912: 909: 907: 906:Weichai Power 904: 902: 899: 897: 894: 892: 889: 887: 884: 882: 879: 877: 874: 872: 869: 867: 864: 862: 859: 857: 854: 852: 849: 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Retrieved 451: 412: 406: 403: 396: 381: 367: 356: 344: 332: 320: 292: 276: 275: 267: 253:sungrowpower 220:Total equity 200:Total assets 128:Headquarters 58:Company type 18: 831:Midea Group 751:Focus Media 721:BYD Company 432:Xinyi Solar 392:Xinyi Solar 345:Due to the 120:Cao Renxian 49:Native name 961:Categories 871:SF Express 746:East Money 443:References 377:Xi Jinping 317:Background 180:Net income 147:Key people 53:阳光电源股份有限公司 38:Trade name 916:Wuliangye 781:Hikvision 399:Bangalore 70:Traded as 941:Zoomlion 816:Luxshare 796:Inovance 574:Archived 543:Archived 507:Archived 464:Archived 421:See also 303:inverter 114:Founders 86:Industry 881:Sungrow 836:Mindray 791:iFlytek 766:Goertek 297:) is a 281:Chinese 277:Sungrow 248:Website 162:Revenue 104: ( 96:Founded 43:Sungrow 866:Sanhua 580:2 June 549:2 June 513:2 June 473:2 June 291:: 289:pinyin 283:: 80:300274 62:Public 901:Vanke 467:(PDF) 460:(PDF) 311:Anhui 307:Hefei 140:China 136:Anhui 132:Hefei 921:XCMG 726:CATL 582:2024 551:2024 515:2024 475:2024 285:阳光电源 255:.com 106:1997 99:1997 76:SZSE 946:ZTE 231:CN¥ 211:CN¥ 191:CN¥ 171:CN¥ 963:: 618:. 599:. 572:. 568:. 541:. 537:. 523:^ 505:. 501:. 483:^ 462:. 365:. 349:, 313:. 309:, 287:; 138:, 134:, 78:: 674:e 667:t 660:v 622:. 603:. 584:. 553:. 517:. 477:. 108:)

Index


Trade name
Public
Traded as
SZSE
300274
Photovoltaics
Hefei
Anhui
China
CN¥
Net income
CN¥
Total assets
CN¥
Total equity
CN¥
sungrowpower.com
Edit this at Wikidata
Chinese
pinyin
publicly listed
inverter
Hefei
Anhui
Hefei University of Technology
renewable energy
Chinese government
Northwestern China
2007–2008 financial crisis

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