London, the United Kingdom, Oct. 19, 2021 -- Sungrow, the global leading inverter solution supplier for renewables, called on the global renewable energy industry to align on the climate action at the BNEF London Summit on October 18-19, 2021. The Company continues to reduce its own climate impacts and support the strong, rapid and sustained reductions in carbon dioxide of more facilities and communities with cutting-edge technical innovations.
A major new United Nations climate report issues a code red for humanity. It indicated the internationally agreed threshold of 1.5 degrees above pre-industrial levels of global heating was perilously close. We are at imminent risk of hitting 1.5 degrees in the near term. The only way to prevent exceeding this threshold, is by urgently stepping up our efforts, and pursuing the most ambitious path.
“Climate change - a critical focus of the coming COP26 Climate Conference in Glasgow, is among the greatest challenges facing mankind, and while renewable energy technology is one part of the solution. It is vital to the net-zero future we must build,” said Lewis Lee, General Manager of Sungrow Europe, at the BNEF London Summit 2021.
The Company, as one of the world’s leading players in the renewable energy industry, also being a member of RE100, pledges to source 100% renewable electricity across its entire global operations by 2028, illustrating its determination to slash its own climate impacts.
Likewise, the Company sets aggressive goals to reduce its partners’ greenhouse gas emissions, increase renewable energy use and energy productivity for long-term success. It embeds sustainability across all endeavors and applies its wealth of expertise and skills to deliver its customers solutions that are competitive, resilient, and effective.
As of June 2021, Sungrow accumulative inverters shipments reached 182 GW -- a number equivalent to generating around 257,300 GWh of clean electricity per year and eliminating 205.8 million tons of carbon dioxide. As the only inverter supplier ranked No.1 bankable for three consecutive years and No.1 supplier in financed projects by BloombergNEF, the Company shows unparalleled performance in projects it powers.
“Climate change is also a crisis which we will only be able to address if we work together on a global scale. The problem goes way beyond straightforward energy generation, but to industry, transport, personal lifestyles and more. To mitigate this real and tangible threat of it, science tells us net-zero targets must be broad in their reach. This is why Sungrow is diversifying our portfolio,” commented Lee.
Known for PV and energy storage businesses with footprints in over 150 countries, Sungrow now goes beyond these and pioneers in other relevant verticals including wind power, hydrogen, EV charging pile, etc. The Company aims to leverage its comprehensive strengths in renewable energy to pave the way toward a net-zero carbon future.
With the collaboration of its associates, suppliers, customers, consumers and industry partners, Sungrow powers diverse applications, no matter where the condition is flat or hilly terrain, desert or water space, extreme hot or freezing cold.
“It’s time to take stepped-up commitments and actions,” Lee added.
About Sungrow
Sungrow Power Supply Co., Ltd. (“Sungrow”) is the world’s most bankable inverter brand with over 182 GW installed worldwide as of June 2021. 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 & industrial, and residential applications, as well as internationally recognized floating PV plant solutions. With a strong 24-year track record in the PV space, Sungrow products power installations in over 150 countries. Learn more about Sungrow by visiting: www.sungrowpower.com.