Sungrow powers up for growth in Australia with new distribution partner

PRESS RELEASE

SYDNEY, AUSTRALIA –27 September 2018– Sungrow, the global leading inverter supplier for renewables, announced today that it is poised for further growth and expansion in Australia with the appointment of BayWa r.e.Solar Systems as its new distribution partner.

BayWa r.e. Solar Systems is a subsidiary of the BayWa r.e. group, a global renewable energy developer, service supplier, wholesaler and energy solutions provider. BayWa r.e. Solar Systems’ appointment as a distribution partner coincides with Sungrow’s announcement of its largest combined product launch to date in Australia with nine new products unveiled, catering to the residential, commercial and utility markets.

This is the first distribution partnership that Sungrow has established with BayWa r.e. globally. Under this agreement, BayWa r.e. Solar Systems will distribute Sungrow’s full range of products in Australia.

Durmus Yildiz, Managing Director of BayWa r.e. Solar Systems said, “BayWa r.e. is delighted to represent Sungrow as a key distribution partner in Australia. There is a demand for quality solar products that have been designed with performance and longevity in mind and Sungrow’s 21 year track record in the industry makes this an attractive proposition to system owners.”

Benson Jiao, managing director of SungrowAustralia said, “Sungrow is invested in growing our market share in Australia and in the last seven years since we’ve established a direct presence locally, we have achieved 13 percent share in the inverter market and15+ percent share globally. Sungrow will continue to invest in building our brand and with the launch of our new commercial and utility products, we remain confident in Australia’s potential to be one of Sungrow’s fastest growing markets in Asia Pacific.”

Since establishing a direct presence in Australia in 2016, BayWa r.e. Solar Systems has been responsible for distributing over 63MW of solar components in both the residential and commercial market. BayWa r.e. Solar Systems attributes their growing success to their well-experienced and highly technical sales and engineering team.

“Backed by Sungrow’s heritage in commercial and utility scale projects globally, we know customers can confidently invest in Sungrow with the full knowledge they have access to a local support team and products that are certified to meet Australia’s harsh climatic conditions”

Sungrow has the world’s largest R&D team for PV inverters globally with 35 percent of our3000 employees dedicated to R&D specifically. It holds 1234 accumulated patents pending and 308 new patents pending in 2017 alone, and its range of inverters have been certified by TÜV Rheinland, UL and the CSA Group. Sungrow’s inverters power over 68GW of solar in more than 60 countries.