1. Homepage
  2. Equities
  3. China
  4. Shenzhen Stock Exchange
  5. Sungrow Power Supply Co., Ltd.
  6. News
  7. Summary
    300274   CNE1000018M7

SUNGROW POWER SUPPLY CO., LTD.

(300274)
  Report
End-of-day quote Shenzhen Stock Exchange  -  05-18
82.32 CNY   +6.90%
05/19Sungrow Power Supply Co., Ltd. Announces Final Dividend for 2021
CI
05/18Sungrow Signs a 600 MW Distribution Agreement with PVO International
CI
05/13Sungrow Power Supply Co., Ltd. Releases Top-Notch Solutions for Commercial and Residential Applications
CI
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Sungrow's 1500Vdc Turnkey Solution Operates Stably in A 100 MW Retrofit Project in Egypt

12/01/2021 | 07:27am EDT

Sungrow announced recently that a 100 MW retrofit PV project with the Company's 1500Vdc central inverter solutions has been operational for 12 months in Banben Solar Park, Egypt. Reportedly the largest retrofit PV undertaking in the MENA region, the project boosts the performance of the existing asset for customers. The plant is located in one of the world's driest and most scorching places, the eastern Sahara Desert, with ample sunshine and vast land. While frequented by sandstorms and extreme temperatures up to 50 degrees Celsius, putting solar project equipment susceptible to significant wear-and-tear. In this case, the project was grid-connected in 2018 and has been suffering from malfunction and burning problems now and then due to the vulnerable quality of previous non-Sungrow inverters. Embedded with a high protection level and smart forced air-cooling technology, the central inverter solution SG3125HV for 1500Vdc system utilized in this retrofit project can perform more efficiently and stably even in harsh environments, making it the ideal match for the plant. Optimized for large-scale utility PV plant, the solution enables high yields with maximum inverter efficiency of 99%, compatibility with tracking systems while at the same time ensures low transportation and installation cost due to standard container design. The inverter relies on integrated zone monitoring for online analysis and troubleshooting. Sungrow offers the 24/7 responsive and adept service, ensuring the sustained and reliable operation. It's reported that a 166.5 MW solar project with Sungrow inverters installed are operating well in Banben Solar Park since 2018. With the regional branch located in Dubai, the Company can provide comprehensive local sales, technical support and after-sale service at ease.


© S&P Capital IQ 2021
All news about SUNGROW POWER SUPPLY CO., LTD.
05/19Sungrow Power Supply Co., Ltd. Announces Final Dividend for 2021
CI
05/18Sungrow Signs a 600 MW Distribution Agreement with PVO International
CI
05/13Sungrow Power Supply Co., Ltd. Releases Top-Notch Solutions for Commercial and Resident..
CI
05/13Sungrow Power Supply Co., Ltd. announces an Equity Buyback for CNY 1,000 million worth ..
CI
05/13Sungrow Power Supply Co., Ltd. authorizes a Buyback Plan.
CI
05/11INTERSOLAR EUROPE 2022 : Sungrow Presents Long Term Innovations to Build a Sustainable Ene..
AQ
05/09Sungrow Power Supply Co., Ltd. Signs 150MW Distribution Agreement with Raystech Group D..
CI
04/28Sungrow Supplies Saudi Arabia Jubail 3A Independent Water Plant with Its Flagship Strin..
CI
04/20Sungrow Power Supply's 2021 Profit Plunges 19% Despite Strong Sales; Shares Slump 6%
MT
04/20Sungrow Power Supply Co., Ltd. Announces Final Dividend for 2021
CI
More news
Financials
Sales 2022 36 910 M 5 499 M 5 499 M
Net income 2022 3 287 M 490 M 490 M
Net cash 2022 7 523 M 1 121 M 1 121 M
P/E ratio 2022 37,3x
Yield 2022 0,27%
Capitalization 127 B 18 851 M 18 851 M
EV / Sales 2022 3,22x
EV / Sales 2023 2,47x
Nbr of Employees 6 726
Free-Float 18,8%
Chart SUNGROW POWER SUPPLY CO., LTD.
Duration : Period :
Sungrow Power Supply Co., Ltd. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SUNGROW POWER SUPPLY CO., LTD.
Short TermMid-TermLong Term
TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 12
Last Close Price 82,32 CNY
Average target price 128,93 CNY
Spread / Average Target 56,6%
EPS Revisions
Managers and Directors
Ren Xian Cao Chairman, President & General Manager
Guo Jun Li Chief Financial & Accounting Officer
Gao Zhou Tao Chairman-Supervisory Board
Bao Shan Li Independent Director
Ming Fa Li Independent Director