Sineng Electric Celebrates Monumental Achievement - 10GW of PV Inverter Shipments to India

New Delhi, India, December 15, 2023 - Sineng Electric, a global leading manufacturer of PV and energy storage inverters, proudly announced that its cumulative shipments of PV inverters to India have exceeded 10GW. To celebrate this exceptional achievement, Sineng hosted a gala dinner in New Delhi, attracting a gathering of esteemed guests. The event was a blend of networking, exploration and discovery, symbolizing Sineng's commitment to translating energy ambitions into impactful endeavors.

Recognizing the immense potential of India’s burgeoning solar market, Sineng inaugurated a 3GW manufacturing base in Bangalore in 2018. In 2021, the annual production capacity of this facility was expanded to 10GW, underscoring the company's contribution to the “Make in India” initiative. With a dedicated local workforce of approximately 200 employees, 2 marketing centers, and 4 after-sales service centers, Sineng executes a proactive localization strategy from production to after-sales support.

At the core of Sineng's success story lies an unyielding pursuit of a unique value-based marketing approach and continuous technical innovations. Substantial investments in research and development and the inclusive culture to nurture talent have brought about groundbreaking advancements in product offerings. During the celebratory event, Mr. Bharat Kumar Meghwal, product application head of Sineng Electric India, introduced new-generation products tailored for utility-scale applications. The SP-350K-INH string inverter features the maximum output power of 352kW, 45A maximum input current per MPPT, and is compatible with all PV modules. The EP-4400-HB-UD central inverter, with higher power density, supports bigger block sizes and ensures higher yields. Sineng's focus on optimized LCOE, unparalleled reliability and safety catapults it to the forefront of the solar energy industry.

The highlight of the event was the eagerly awaited panel discussions which brought together industry professionals and thought leaders to delve into pressing topics. Mr. Arun Chaudhary, Sales Head of Sineng Electric North India, shared insightful perspectives on the cost-effectiveness of utility-scale PV, challenges, and solutions for integrating solar energy into grids, and explored the latest technologies and trends shaping the industry.

Qiang Wu, Chairman of Sineng Electric, asserted, "We take great pride in what we have accomplished. Over the last six years, we have navigated challenges, embraced opportunities and ignited growth. At Sineng, our success is intricately woven with that of our partners. Contributing to the task of fueling the energy transition remains a pivotal aspect of our mission. We look forward to ongoing collaboration with industry-leading EPCs, developers, and stakeholders in the solar energy sector, accelerating India's journey towards sustainability.”

About Sineng

Sineng Electric Co., Ltd. is a global leading supplier of PV inverters and energy storage systems, catering to utility-scale, commercial & industrial, and residential applications. By establishing four R&D centers and leveraging top-notch resources, Sineng's unwavering commitment to technological innovation has enabled more people to access cost-effective, reliable, and sustainable energy. After the three global manufacturing bases being put into operation, the annual production capacity can now reach 40GW. Known for its engineering excellence, rigorous testing standards, and consistent quality, Sineng is a market leader in the industry and plays an important role in accelerating the global energy transition, striving to build a greener future.