Sungrow Brand Value Hits CNY 61.686 Billion

By Saur News Bureau/ Updated On Thu, Jul 28th, 2022

Fresh from climbing the peak to no. 1 among solar inverter manufacturers in 2021 Sungrow has logged another top achievement this year.

In the “2022 China’s 500 Most Valuable Brands” list, compiled by World Brand Lab, that was released recently, Sungrow makes it to the list with a brand value of 61.586 billion RMB, a year-over-year increase of 40%, demonstrating a robust competitive strength and global influence.

World Brand Lab is an international brand value research institute owned by World Executive Group, a leading digital business and strategy consulting firm. China’s 500 Most Valuable Brands list, published annually for the past 18 years, is judged based on brands’ global influence, including financial data, market share, brand loyalty, customer behavior, and more parameters.

Sungrow Leads the Inverter Race Globally After Shipping 47.1 GW Products in 2021

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“Brand is an important symbol of corporate strength. Due to the dedicated commitment to product innovation and efforts to our stakeholders and sustainable development of the planet, Sungrow was once again listed by World Brand Lab with a significant value increase,” said Professor Cao Renxian, Chairman and founder of Sungrow.

As the environmental factors are changeable, Cao also commented that the brand should be more resilient, authentic, and believable, allowing customers to reap sustained benefits of the brand. The Company is accelerating its footprint with advanced products and services, powering more communities and facilities. Notably, the recently-released IHS Markit (now a part of S&P Global) report indicated that Sungrow tops the inverter shipment ranking in 2021 with 47GW delivered.

For Sungrow, the strong performance in the market for the past few years has delivered these rewards in the form of customer buy in as well as peer industry appreciation for the progress it has made. A high focus on investments and global markets has meant an adaptive firm that has been able to meet expectations or exceed them in most key markets worldwide.