Sungrow Power Supply Co Ltd 2024 AR2
The report highlights Sungrow's performance in 2024, during which the company achieved a record operating revenue of CNY 77.86 billion, representing a 7.76% year-on-year increase, and a net profit of CNY 11.04 billion. Sungrow maintained its global leadership, ranking first in PV inverter shipments with 147 GW and energy storage system installations with 28 GWh shipped. The company advanced its sustainability efforts, increasing its green electricity usage to 70% and reducing energy consumption per unit of product by 11% compared to 2020. Additionally, Sungrow invested CNY 3.16 billion in R&D, filed 2,177 new patents, and donated CNY 20.78 million to social welfare and rural revitalization initiatives.
Company: Sungrow Power Supply Co Ltd
Sector: Industrials
Country: China
Year: 2024
Type: AR2
Pages: 151
Sungrow Power Supply Co Ltd
Annual Report
The report highlights Sungrow's performance in 2024, during which the company achieved a record operating revenue of CNY 77.86 billion, representing a 7.76% year-on-year increase, and a net profit of CNY 11.04 billion. Sungrow maintained its global leadership, ranking first in PV inverter shipments with 147 GW and energy storage system installations with 28 GWh shipped. The company advanced its sustainability efforts, increasing its green electricity usage to 70% and reducing energy consumption per unit of product by 11% compared to 2020. Additionally, Sungrow invested CNY 3.16 billion in R&D, filed 2,177 new patents, and donated CNY 20.78 million to social welfare and rural revitalization initiatives.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Published
Apr 1, 2025
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Renewable Energy
Net Zero Target
Employees