Sungrow

Tier-1Listed Company

sungrowpower.comUpdated Sep 13, 2026

Tier-1Listed CompanyUpdated Sep 13, 2026
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Annual production capacity

20+GWh/yr

Bankability influence

Overall Positive

How the supplier's financials affect its products' bankability

Company Size

Major

10000+ headcount

Vertical integration

Medium

In-house production of key components

Company Overview

Sungrow Power Supply Co., Ltd., founded in 1997 by university professor Cao Renxian and based in Hefei, China, grew from a PV inverter business into a maker of grid-scale energy storage systems, shipping 10.5 GWh of BESS in 2023, 28 GWh in 2024, and 43 GWh in 2025, for 70 GWh of cumulative ESS shipments by mid-2025.

Headquarters

Hefei, China

Legal entity

Sungrow Power Supply Co., Ltd.

IPP / offtaker customers

Emirates Water and Electricity Company, Masdar, Revolution (ERCOT-region battery project developer, USA), Scatec

Integration footprint

Poland

Adjacent product lines

residential storage, solar PV, floating PV plant solutions

Major Shipment Regions
North AmericaLatin AmericaEuropeCentral Asia & CISMiddle East & North AfricaSub-Saharan AfricaSouth AsiaEast AsiaSoutheast AsiaOceania
Major Moderate Minor
Europe Major
East Asia Major
Southeast Asia Major
North America Moderate
Latin America Moderate
South Asia Moderate
Oceania Moderate
Middle East & North Africa Minor
Sub-Saharan Africa Minor
Central Asia & CIS Not present

Major presence in Europe, East Asia, and Southeast Asia; Moderate presence in North America, Latin America, South Asia, and Oceania; Minor presence in Middle East & North Africa and Sub-Saharan Africa; no recorded presence in Central Asia & CIS.

Cell & System Architecture

Cell chemistry

Lithium-ion

Cell format

Prismatic

Named chemistries

LFP

Block architecture

AC Block

Application segments

Grid-ScaleIndustrial & Commercial

Battery Management System

Sungrow’s three-tier BMS uses cell expansion-force data and aging patterns to estimate state of charge and state of health for coordinated control. It reports SoH error below 2% at the cell level and below 3% at the rack level, with SoC error of 3% or less.

Certifications

Management Systems (ISO)

ISO 9001ISO 14001ISO 45001ISO 27001ISO 50001ISO 37301ISO 27701

Product & Safety Standards

UL 9540AIEC 62619IEC 61000-6-2EN55011IEC 62933-5-2UN 38.3UN 3536IEC 62477-1IEC 62443-4-2IEC 63056IEC 62040IEC 62477IEC 61000AS/NZS 4777.2AS/NZS 3000IEC 62933AS3000UKCAG99UN38.3/UN3536CE

ESG & Sustainability

Sungrow has an MSCI AA ESG rating and an EcoVadis Gold rating. It recycles 90% of its non-hazardous waste, audits supplier ESG practices, targets operational carbon neutrality by 2028, and aims for net zero across its supply chain by 2048.

Market Price Estimate

Financial Health

Bankability influenceOverall Positive

Derived from the five sub-metrics below: all five healthy.

Balance-sheet strengthHealthy
ProfitabilityHealthy
LeverageHealthy
LiquidityHealthy
Cash-flow riskHealthy

Corporate & Listing

Exchange listing300274.SZ

Reference Project

ProjectReliable Extreme Latitudes: 60 MWh DC BESS Project in Finland ; Simo, Lapland, Finland
Coordinates67.69224° N, 26.72814° E

Recent Developments

Sungrow signed a deal with Masdar to supply 7.5 GWh of PowerTitan 3.0 BESS and 2.6 GW of PV inverters for Abu Dhabi’s round-the-clock renewable energy project.

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Sungrow Storage Products

6
CompareLogoVendorSystemEnergyPowerDurationBattery CellOpen

Industrial & Commercial ESS Solutions 3

Sungrow
ST455kWh-110kW-4hAC Block · cabinet
0.46MWh0.11MWAC4hLFP280 Ah · Prismatic
Sungrow
ST255CS-2HAC Block · cabinet
0.26MWh0.13MWAC—LFP314 Ah · Prismatic
Sungrow
ST225kWh-110kW-2hAC Block · cabinet
0.23MWh0.11MWAC2hLFP280 Ah · Prismatic

Grid-Scale BESS 3

Sungrow6.9MWh1.8MWAC—LFP
Sungrow5.02MWh1.25MWAC4hLFP314 Ah · Prismatic
Sungrow5.02MWh2.5MWAC2hLFP314 Ah · Prismatic

Compare to Other Vendors

All vendors
VendorTierHQCapacityCompare
SungrowTier-1Hefei, China20+ GWhThis vendor
BYD Energy StorageTier-1Shenzhen, China20+ GWh
CATLTier-1Ningde, China20+ GWh
CLOUTier-1Shenzhen, China0.2-1 GWh
CRRC Zhuzhou InstituteTier-1Zhuzhou, China20+ GWh

How to Read the Vendor Page

This profile of Sungrow is assembled exclusively from public data to support early-stage screening and requires additional due diligence.

Always confirm these terms and technical specifications directly with the vendor and project stakeholders. Reflect all agreed-upon details in the legal agreements before making any investment decisions.

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