- Press Releases
March 24 (Renewables Now) - Chinese solar inverter maker Sungrow Power Supply Co Ltd (SHE:300274) on Wednesday said it has signed a 300-MW strategic partnership agreement with its channel agent, Indonesian solar rooftop specialist Utomo SolaRUV, to expand its sales in the Indonesian market this year and beyond.
The contract was signed at the Solartech Indonesia 2022 exhibition, which took place last week in Jakarta.
The company said that it supplied inverters for 90 MW of the 200 MW of solar installed in Indonesia in 2021.
Sungrow is optimistic on the country’s new policies as it aims to reach a 23% renewables share in its energy mix by 2025 and the fact that solar energy users can now export 100% of the electricity generated to state-run power company PLN.
At the event, Sungrow presented its products for utility-scale, commercial and industrial (C&I) and residential applications, including its 1+X modular inverter, its C&I energy storage system ST129CP-50HV and its new residential hybrid inverter SH5.0RS.