Sungrow
Sungrow (300274.SZ) is a publicly traded Power Electronics & Inverters company founded in 1997 and based in Hefei, China.
Sungrow Power Supply was founded in 1997 by Cao Renxian and is headquartered in Hefei, Anhui Province, China. It has been listed on the Shenzhen Stock Exchange since 2011 (300274.SZ). The company sells PV inverters, power conversion systems and integrated battery storage systems such as the PowerTitan line, plus EV chargers, floating PV systems, wind power products and hydrogen equipment, and it reports 870 GW of power electronic converters installed. For 2025 Sungrow reported revenue of CNY 89.18 billion, up 14.55%, and net profit of CNY 13.46 billion. Energy storage revenue rose 49.39% to CNY 37.29 billion on 43 GWh of shipments, PV inverter revenue was CNY 44.55 billion on 143 GW shipped, and international markets supplied about 60.5% of sales. Sungrow applied for a Hong Kong H-share listing in October 2025 and refiled on April 24, 2026, with proceeds earmarked for storage plants in Poland and Egypt and for solid-state battery research.
Sungrow sells both the inverters that connect solar plants to the grid and the battery systems that firm them, and its storage revenue grew 49% in 2025 to CNY 37.29 billion. It targets more than 60 GWh of storage shipments in 2026. Its PowerTitan 3.0 won The smarter E Award 2026, and a 200 MW / 400 MWh project built on it reached grid connection 17 days after leaving the factory in August 2026. ENGIE is building its 150 MW / 300 MWh Hazelwood 2 battery in Victoria, Australia, on Sungrow systems.
At a glance
Total raised
Undisclosed
Headcount
—
Headquarters
Hefei
ChinaFounded
1997
Status
Public
Subsector
Energy, ranked
Top 25 Energy companies →Funding history
Total raised
—
Rounds tracked
0
No dated funding rounds on file. This company is privately held and may be raising or operating on undisclosed capital.
