Sungrow showcased its comprehensive inverter solutions for utility-scale, commercial& industrial and residential scenarios on Solartech Indonesia 2022. Sungrow also signed a 300MW contract with its channel agent to further its penetration into Indonesian solar market in 2022 and the beyond.
Solartech Indonesia 2022 is ASEAN's exhibition for Solar Power and PV technologies, and Sungrow leveraged this platform to demonstrate its industry leadership as well as its advantages of the latest products for the Indonesian market. Sungrow presented its industry-leading solutions for dynamic applications, including the innovative 1+X modular inverter, the C&I energy storage solution ST129CP-50HV and the new residential hybrid inverter SH5.0RS. In addition, to expand its sales network in Indonesian market, Sungrow also forged a 300MW strategic partnership agreement with Utomo SolaRUV. Moreover, Sungrow is also processing its cooperation work with Indonesia National Electric Company and other renowned EPCs to strengthen its presence in the emerging Indonesian market.
In 2021, Indonesia installed approximately 200MW of solar power, 90MW of which Sungrow contributed with its inverter solutions. The Indonesian government has just enacted supportive policies to increase its RE proportion to 23% of the energy mix by 2025. Since this year, Indonesian users of renewable energy can also export 100% of the electricity generated by solar panels to state-run power company PLN. Amid the positive market situation, Sungrow will consistently work to improve its sales and service network to provide more high-quality and reliable solutions to Indonesia.