Sungrow Take the Lead in Malaysian Solar Market with Latest Product Lineup at IGEM
Sungrow, the global leading inverter solution supplier for renewables, unveiled the latest industry-leading PV and energy storage product lineup at the tenth-annual International Greentech & Eco Products Exhibition & Conference Malaysia (IGEM), illustrating the Company's efforts in decarbonizing the local economy and supporting the country's target of 20% renewable energy in its generation mix by 2025. At the show, Yeo Bee Yin, Minister of Energy, Science, Technology, Climate Chang and Environment, gave a visit to Sungrow booth and presented the Company the "Best Display Booth Award".
The utility-scale sector is poised for huge growth in the coming years as the third round of the nation's Large Scale Solar (LSS) procurement program has attracted 112 bids totaling over 6.73 GW of generation capacity. As a result, Sungrow is rolling out new product portfolio to meet the high demand.
The SG250HX, a highly-anticipated product, drew thousands of attendees to the booth. As the world's most powerful 1500 Vdc string inverter, SG250HX characterizes the optimal protection capacity of IP66 and 12 MPPTs, maximizes yields while coupling with bifacial module and tracking system.
Optimized for large-scale utility flat ground plants, the 1500 Vdc 6.8 MW turnkey solution features the integration of the central inverter SG3400HV and the MV station. The solution with a high DC/AC ratio of 1.5 and typical block design can minimize the LCOE.
SG110CX, SG50CX: Cutting-edge New Solutions for C&I PV Plants
The Company introduced a wide portfolio for commercial and industrial (C&I) PV installations including SG110CX and SG50CX. These multi-MPPT solutions enable flexible vertical and horizontal installation and can endure difficult conditions. With built-in PID recovery function, the solutions maintain unprecedented yields for solar plants. These features notably make it significantly easier for customers to deploy solar energy under Malaysia's Net Energy Metering (NEM) scheme.
Ideal Match to Residential Energy Storage Systems
Sungrow's residential energy storage solutions are best paired with household solar plants. The residential hybrid inverter SH10RT on display is customized for an optimal performance with three-phase design, compact design and innovative friendly end-user interface. The residential system with a hybrid inverter and battery is a smart solution that guarantees not only maximum yields but also optimum charging and discharging capabilities.
No.1 Market Share in Malaysia
Given the high irradiation levels, Malaysia is the home to a plethora of solar farms. Malaysia is solar poised for growth despite record-low tariffs, according to analyst at Fitch Solution. Sungrow holds onto the No.1 market share position and its landmark projects consist of a 55 MW project in Negeri Sembilan and 52.5 MW solar project in Pahang.
"As one of the major dedicated players in this emerging solar hub, we are bringing forth a state-of-the-art products lineup together with 24/7 service tailored for local customers," said Luis Xu, Regional Manager of Sungrow APAC Region. "As the most bankable inverter brand and the No.1 supplier in financed projects, we'll join force with more partners in scaling up the applications of renewables in Malaysia and around the region at large," he added.
Sungrow Power Supply Co., Ltd ("Sungrow") is the world's most bankable inverter brand with over 87 GW installed worldwide as of June 2019. Founded in 1997 by University Professor Cao Renxian, Sungrow is a leader in the research and development of solar inverters, with the largest dedicated R&D team in the industry and a broad product portfolio offering PV inverter solutions and energy storage systems for utility-scale, commercial, and residential applications, as well as internationally recognized floating PV plant solutions. With a strong 22-year track record in the PV space, Sungrow products power installations in over 60 countries, maintaining a worldwide market share of over 15%. Learn more about Sungrow by visiting www.sungrowpower.com.