Sungrow Retains No.1 Position in 2025 S&P Global PV Inverter Shipments Rankings

kAmkDEC@?8msC:G:?8 qC62<E9C@F89D ':2 %649?@=@8:42= x??@G2E:@?k^DEC@?8mk^Am

kAm$F?8C@H 92D =2F?4965 E96 H@C=5VD 7:CDE !@H6C|2EC:I x?G6CE6C 2E $}tr a_ae[ :?EC@5F4:?8 2 ?6H 2AAC@249 E@ :?G6CE6C DJDE6> 2C49:E64EFC6] %9:D D@=FE:@? 56=:G6CD 6?92?465 677:4:6?4J[ @AE:>:K65 4@DED[ 2?5 :>AC@G65 DJDE6> DE23:=:EJ 24C@DD 5:G6CD6 2AA=:42E:@? D46?2C:@D] $F?8C@H 92D 2=D@ 249:6G65 E96 H@C=5VD 7:CDE 7:6=5 6?8:?66C:?8 G2=:52E:@? @7 H:56\7C6BF6?4J @D4:==2E:@? D@=FE:@?D[ 56>@?DEC2E:?8 :ED 42A23:=:EJ E@ 255C6DD 6>6C8:?8 492==6?86D :? >@56C? A@H6C DJDE6>D 2?5 DFAA@CE E96 :?E68C2E:@? @7 C6?6H23=6 6?6C8J 2E D42=6] %96D6 :??@G2E:@?D C6G62=65 $F?8C@HVD DEC@?8 #U2>Ajs 42A23:=:EJ[ H:E9 E649?:42= AC@76DD:@?2=D 244@F?E:?8 7@C 2AAC@I:>2E6=J c_T @7 :ED H@C<7@C46]k^Am

kAmkDEC@?8mtIA2?5:?8 v=@32= !C6D6?46 H:E9 {@42=:K65 r2A23:=:E:6Dk^DEC@?8mk^Am

kAm$F?8C@HVD 8=@32= 7@@EAC:?E ?@H DA2?D >@C6 E92? `__ 4@F?EC:6D 2?5 C68:@?D[ DFAA@CE65 3J c 8=@32= >2?F724EFC:?8 32D6D 2?5 E96 :?5FDECJVD >@DE 6IE6?D:G6 8C:5 2446DD 42A23:=:E:6D] (:E9 >@C6 E92? ` %( @7 244F>F=2E65 8=@32= 8C:5\4@??64E65 6IA6C:6?46[ $F?8C@H =6G6C286D :ED 25G2?465 >2?F724EFC:?8 42A23:=:E:6D 2?5 2? 28:=6 8=@32= DFAA=J 492:? E@ 4@?E:?F@FD=J AC@G:56 4@>A=:2?E[ =@42=:K65[ 2?5 677:4:6?E D@=FE:@?D 24C@DD 5:G6CD6 >2C<6ED H@C=5H:56]k^Am

kAmkDEC@?8ms6=:G6C:?8 {:764J4=6 $FAA@CE %9C@F89 !C@76DD:@?2= $6CG:46Dk^DEC@?8mk^Am

kAmq6J@?5 E649?@=@8J 2?5 AC@5F4ED[ $F?8C@H 92D 6DE23=:D965 2 8=@32= D6CG:46 ?6EH@C< H:E9 >@C6 E92? da_ D6CG:46 =@42E:@?D[ @G6C `[a__ E649?:42= D6CG:46 6?8:?66CD[ 2?5 >@C6 E92? c__ 2FE9@C:K65 D6CG:46 A2CE?6CD] qJ 4@>3:?:?8 25G2?465 92C5H2C6[ 5:8:E2= D@=FE:@?D[ 2?5 =@42=:K65 D6CG:46 42A23:=:E:6D[ E9:D 6IE6?D:G6 64@DJDE6> 6?23=6D C2A:5 C6DA@?D6[ =@42=:K65 DFAA@CE[ 2?5 AC@76DD:@?2= 2DD:DE2?46 7C@> AC@;64E 56A=@J>6?E E@ =@?8\E6C> @A6C2E:@? 2?5 >2:?E6?2?46]k^Am

kAm(:E9 $F?8C@HVD 4FEE:?8\6586 :?G6CE6C E649?@=@8:6D[ DEC6?8E96?:?8 8=@32= >2?F724EFC:?8 42A23:=:E:6D[ 2?5 3F:=5:?8 2 4@>AC696?D:G6 4FDE@>6C D6CG:46 ?6EH@C< H@C=5H:56[ $F?8C@H H:== 4@?E:?F6 E@ DFAA@CE E96 4@?DECF4E:@? @7 ?6H\EJA6 A@H6C DJDE6>D 2?5 3C:586 E@ 2 DFDE2:?23=6 7FEFC6]k^Am

k5:G 4=2DDlQ!#}0x>365565pDD6E#676C6?46Q :5lQs:GpDD6E!=246w@=56CaQmkAmk:>8 DC4lQ9EEADi^^>>I]AC?6HDH:C6]4@>^>65:2^|$deah_c^{@8@\{@8@];A8n:5l~pagbccbcQ E:E=6lQ{@8@Q 2=ElQ{@8@Q ^mk^Amk^5:Gm

kA :5lQ!&#{Qmk:>8 E:E=6lQr:D:@?Q H:5E9lQ`aQ 96:89ElQ`aQ 2=ElQr:D:@?Q DC4lQ9EEADi^^6586]AC?6HDH:C6]4@>^4^:>8^72G:4@?]A?8nD?lr}a`dedU2>AjD5la_ae\_g\_hQ ^m ':6H @C:8:?2= 4@?E6?E E@ 5@H?=@25 >F=E:>65:2ik2 :5lQ!#}&#{Q C6=lQ?@7@==@HQ 9C67lQ9EEADi^^HHH]AC?6HDH:C6]4@>^?6HD\C6=62D6D^DF?8C@H\C6E2:?D\?@`\A@D:E:@?\:?\a_ad\DA\8=@32=\AG\:?G6CE6C\D9:A>6?ED\C2?<:?8D\b_agcefh_]9E>=Q E2C86ElQ03=2?<Qm9EEADi^^HHH]AC?6HDH:C6]4@>^?6HD\C6=62D6D^DF?8C@H\C6E2:?D\?@`\A@D:E:@?\:?\a_ad\DA\8=@32=\AG\:?G6CE6C\D9:A>6?ED\C2?<:?8D\b_agcefh_]9E>=k^2mk^Am

kAm$~&#rt $F?8C@Hk^Am

kAmk:>8 2=ElQQ DC4lQ9EEADi^^CE]AC?6HDH:C6]4@>^CE]8:7n}6HDxE6>x5lr}a`dedU2>Aj%C2?D>:DD:@?0x5la_ae_g_ha`df!#0}t($0&$!#00000r}a`dedU2>Ajs2E6x5la_ae_g_hQ DEJ=6lQ3@C56Ci_AIj H:5E9i`AIj 96:89Ei`AIjQ ^mk^Am