Sungrow Take the Lead in Malaysian Solar Market with Latest Product Lineup at IGEM

KUALA LUMPUR, Malaysia, Oct. 10, 2019 -- Sungrow, the global leading inverter solution supplier for renewables, unveiled the latest industry-leading PV and energy storage product lineup at the tenth-annual International Greentech & Eco Products Exhibition & Conference Malaysia (IGEM), illustrating the Company's efforts in decarbonizing the local economy and supporting the country's target of 20% renewable energy in its generation mix by 2025. At the show, Yeo Bee Yin, Minister of Energy, Science, Technology, Climate Chang and Environment, gave a visit to Sungrow booth and presented the Company the "Best Display Booth Award".

SG250HX: The World's Most Powerful 1500 Vdc String Inverter

The utility-scale sector is poised for huge growth in the coming years as
the third round of the nation's Large Scale Solar (LSS) procurement program has
attracted 112 bids totaling over 6.73 GW of generation capacity.
As a result, Sungrow is rolling out new product portfolio to meet the high
demand.

The SG250HX, a highly-anticipated product, drew thousands of attendees to
the booth. As the world's most powerful 1500 Vdc string inverter,
SG250HX characterizes the optimal protection capacity of IP66 and 12 MPPTs,
maximizes yields while coupling with bifacial module and tracking system.

Optimized for large-scale utility flat ground plants, the 1500 Vdc 6.8
MW turnkey solution
features the integration of the central inverter
SG3400HV and the MV station. The solution with a high DC/AC ratio of 1.5 and
typical block design can minimize the LCOE.

SG110CX, SG50CX: Cutting-edge New Solutions for C&I PV Plants

The Company introduced a wide portfolio for commercial and industrial
(C&I) PV installations including SG110CX and SG50CX. These multi-MPPT
solutions enable flexible vertical and horizontal installation and can endure
difficult conditions. With built-in PID recovery function, the solutions
maintain unprecedented yields for solar plants. These features notably make it
significantly easier for customers to deploy solar energy under Malaysia's Net
Energy Metering (NEM) scheme.

Ideal Match to Residential Energy Storage Systems

Sungrow's residential energy storage solutions are best paired with
household solar plants. The residential hybrid inverter SH10RT on display is
customized for an optimal performance with three-phase design, compact design
and innovative friendly end-user interface. The residential system with a
hybrid inverter and battery is a smart solution that guarantees not only
maximum yields but also optimum charging and discharging capabilities.

No.1 Market Share in Malaysia

Given the high irradiation levels, Malaysia is the home to a plethora of
solar farms. Malaysia is solar poised for growth despite record-low tariffs,
according to analyst at Fitch Solution. Sungrow holds onto the No.1 market
share position and its landmark projects consist of a 55 MW project in Negeri
Sembilan and 52.5 MW solar project in Pahang.

"As one of the major dedicated players in this emerging solar hub, we
are bringing forth a state-of-the-art products lineup together with 24/7
service tailored for local customers," said Luis Xu, Regional Manager of
Sungrow APAC Region. "As the most bankable inverter brand
and the No.1 supplier in financed projects, we'll join force with more partners
in scaling up the applications of renewables in Malaysia and around the region
at large," he added.

About Sungrow

Sungrow Power Supply Co., Ltd ("Sungrow") is the world's most
bankable inverter brand with over 87 GW installed worldwide as of June 2019.
Founded in 1997 by University Professor Cao Renxian, Sungrow is a leader in the
research and development of solar inverters, with the largest dedicated R&D
team in the industry and a broad product portfolio offering PV inverter
solutions and energy storage systems for utility-scale, commercial, and
residential applications, as well as internationally recognized floating PV
plant solutions. With a strong 22-year track record in the PV space, Sungrow
products power installations in over 60 countries, maintaining a worldwide
market share of over 15%. Learn more about Sungrow by visiting www.sungrowpower.com.

Source: Sungrow Power Supply Co.,
Ltd

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