Inaugural Sungrow GRES 2024 Summit: Charting the course for the global zero-emission transition

Sungrow, the world’s leading supplier of photovoltaic inverters and energy storage systems, successfully hosted the prestigious Global Renewable Energy Summit (GRES) 2024 in Hefei, China. This prestigious event attracted an impressive attendance of over 300 esteemed guests representing leading companies, renowned global research institutions and respected media from over 40 different countries. It provided an excellent platform for discussion and improvement of renewable energy technologies in residential, commercial and industrial applications, as well as at the utility scale.

During the event, guests had the opportunity to visit the Sungrow PV and ESS Factory, the Sungrow Hydrogen Factory and a completely new showroom. At the same time, a variety of Chinese cultural experiences and performances have been carefully selected to suit the needs of esteemed guests, providing them with an immersive opportunity to actively participate and gain a deep understanding of the rich heritage of Chinese culture.

Integration of the renewable energy sector will pave the way for a visionary future

Today, as the world moves towards environmental sustainability, renewable energy is expected to become increasingly viable and cost-effective compared to fossil fuels.

“Total investment in the energy transition now exceeds investment in fossil fuel supplies,” said Sisi Tang, BloombergNEF’s China director. “By 2050, renewables will be the dominant force in global energy generation, accounting for 81% of the total energy mix in a Net Zero Scenario.”

However, Sam Wilkinson, director of clean energy technologies at S&P Global Commodity Insights, emphasized that clean electricity alone will not be enough. In addition to solar power and energy storage, hydrogen will play a key role in decarbonization, highlighting the need for a differentiated approach to renewable energy to ensure a sustainable and reliable supply.

Innovative and safe renewable technologies are becoming the dominant trend

One of the key topics of the summit were technologies enabling the integration of renewable energy. Jack Gu, vice president of Sungrow and president of PV & Storage BG, agreed with Tang on the growing global confidence in renewable energy and the role of innovation in driving the industry.

Sungrow specializes in examining customer needs and providing reliable assurances on product safety and innovation, especially in the field of utility-scale photovoltaic and energy storage systems with enormous development potential.

At the summit, Sungrow demonstrated a large-scale combustion test of its PowerTitan liquid-cooled energy storage systems. Under the supervision of DNV and live feeds from U.S. fire safety agencies and global energy suppliers, the test confirmed the systems’ superior fire resistance and fire resistance while maintaining structural integrity and preventing fire spread. Three adjacent racks remained intact, setting a new safety standard in the industry.

Distributed solar power and storage are entering a new era

With an increasing focus on renewable energy, distributed photovoltaic and storage systems are experiencing growth and progress. Typically installed on rooftops or near energy consumption points, these systems provide an efficient way to produce and store renewable energy.

According to Cormac Gilligan, the global distributed solar energy market is expected to grow significantly in the coming years, driven by factors such as falling installation costs, technological advances and growing awareness of the environmental benefits of renewable energy. An increasing number of behind-the-meter energy storage installations enable customers to better manage their energy consumption and reduce their dependence on the grid.

Sungrow is committed to leading the transformation of distributed solar and storage systems. We invest in research and development to increase the performance, reliability and safety of our products. Our hybrid inverters, batteries, liquid-cooled energy storage systems, power optimizers and electric vehicle chargers demonstrate our commitment to innovation and safety.

During the event, esteemed guests from ZEN Energy, Truxco AB, Penso Power, Marubeni and AMEA Power kindly shared their views on cutting-edge technologies and their applications in large-scale scenarios. Meanwhile, Sungrow’s distribution partners, including Solar Juice, IBC Solar, POwR and ARB, have engaged in a lively exchange of ideas on the dynamic and evolving distributed solar energy landscape.

Cao Renxian, president of Sungrow, was truly grateful to see so many friends at Sungrow and expressed his sincere gratitude and warm welcome to all guests. He also expressed his deepest gratitude to our customers for the invaluable insights and suggestions they shared with Sungrow, which helped us improve our products and services. In the future, Sungrow will continue to deepen technological innovation, constantly research new advanced energy technologies, aiming to provide our customers with more efficient and reliable products. He looked forward to working with all guests to promote the green energy industry and build a bridge to a sustainable future together!

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