BloombergNEF is recognized by numerous international financial institutions as among the most credible third-party renewable energy research hubs. Sungrow’s No.1 bankability ranking represents that projects using the Sungrow energy storage system or PCS are more likely to obtain financing from banks than other competitors, ensuring favorable and sustainable benefits for stakeholders.
Also see: Sungrow supplies solar desalination project on Greek island
This year, over 80% of the bankability survey participants are headquartered in the US or Europe, this highlights that Sungrow’s ranking demonstrates robust trust from stakeholders in the global financial market and energy storage field.
7,8 GWh landmark project – new safety standards
Sungrow holds the top position in global cumulative energy storage system installations. The track record is further solidified by its involvement in landmark projects, such as a 7.8 GWh energy storage project in Saudi Arabia, one of the largest of its kind in the world.
See also: Sungrow PowerTitan 2.0 set to unleash the „AC block era“
Additionally, Sungrow has demonstrated its commitment to safety through two large-scale burn tests of its PowerTitan series of utility-scale battery energy storage systems, which have set new industry safety standards. (hcn)