About Sungrow
Sungrow is a company based in Hefei (China) founded in 1997 by Cao Ren Xian. The company has 17,300 employees as of December 31, 2024. Sungrow offers products and services including PV Inverters and Energy Storage Systems. Sungrow operates in a competitive market with competitors including Fronius, SolarBridge, Hoymiles Converter Technology, MRO-TEK and Ampt, among others.
- Headquarter Hefei, China
- Employees 17300 as on 31 Dec, 2024
- Founders Cao Ren Xian
- Stage Public
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Sectors
Energy & Utilities
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Sungrow Power Supply Co., Ltd. Class A
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Annual Revenue
$10.61 B (USD)7.69as on Dec 31, 2024
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Net Profit
$1.51 B (USD)16.92as on Dec 31, 2024
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EBITDA
$1.9 B (USD)16.86as on Dec 31, 2024
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Latest Funding Round
$400 M (USD), Post-IPO
Aug 01, 2016
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Investors
Not available
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Employee Count
17300
as on Dec 31, 2024
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IPO & Listings of Sungrow
Sungrow is a publicly listed company on the SZSE with ticker symbol 300274 in China, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Sungrow
Sungrow offers a comprehensive portfolio of products and services, including PV Inverters and Energy Storage Systems.
Devices that convert solar energy with over 99% efficiency.
Systems like PowerTitan for maximizing energy profitability.
Funding Insights of Sungrow
Investments & Acquisitions by Sungrow
Investment portfolio details for Sungrow
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Financial Statements - Sungrow
Detailed financials for Sungrow
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Sungrow Comparisons
Peer comparison for Sungrow
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Competitors of Sungrow
Sungrow operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Fronius, SolarBridge, Hoymiles Converter Technology, MRO-TEK and Ampt, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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BoS units and grid-integrated inverters for solar plants are developed.
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| Locked | Locked | Locked |
Microinverters and monitoring solutions for solar systems are manufactured.
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Hoymiles Converter Technology produces high-quality microinverters and power electronics for the solar industry.
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| Locked | Locked | Locked |
Solar UPS, inverters, and charge controllers are manufactured by MRO-TEK.
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| Locked | Locked | Locked |
Ampt is focused on DC power management for PV systems.
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Detailed competitors of Sungrow
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Latest news on Sungrow
Complete news archive for Sungrow
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Frequently Asked Questions about Sungrow
Sungrow was founded in 1997 and raised its 1st funding round 19 years after it was founded.
Sungrow is headquartered in Hefei, China. It is registered at Hefei, Anhui, China.
Cao Ren Xian is the current CEO of Sungrow. They have also founded this company.
As of Dec 31, 2024, the latest employee count at Sungrow is 17,300.
Annual revenue of Sungrow is $10.61B as on Dec 31, 2024.
Sungrow is a technology provider, specializing in PV inverters and energy storage equipment for residential, commercial, and utility-scale PV power plant systems. They have currently 20 GW of inverter systems deployed globally and has 11 subsidiaries worldwide located throughout North America, Asia, Europe, Australia, and South America. They have their products installed and operating in over 50 countries.In 2022, the company recorded annual revenues of 7.02B and a net profit of 0.68B.
Sungrow offers PV Inverters and Energy Storage Systems.
Yes, Sungrow is publicly traded on SZSE under the ticker symbol 300274.
The ticker symbol of Sungrow is 300274 on SZSE.