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SunGrow Power
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Short description

Manufacturer of central and string inverters for solar PV systems and UPS converter systems for wind farms

Founded in 1997
Founded in

Company type Public Public (300274)
Company type

Industry Group energy & power

Sector solar

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

Ticker

Headquarters China Hefei, China
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Parent Companies

Updated by Jonathan Koch at on 10/11/2017

Edited by Cleantech Group on 05/07/2024

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Date Company
09/15/2013

Zhenfa New Energy Zhenfa New Energy

SunGrow Power signed a PV inverters supplier contract with Zhenfa; contract price is estimated to RMB 156 million.

Confirmed by Zhenfa New Energy

Partnerships
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Date Partner Type
10/25/2022
KarmSolar KarmSolar
Sungrow providing battery storage unit for solar plan facility construction in Giza.
View source    
Confirmed by KarmSolar
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Investment Rounds
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IPO INFORMATION

Date

11/02/2011

IPO status

Listed

IPO Type

IPO

Amount

$214.9M

Initial shares

44800000

Ticker symbol

300274

Exchange listed

Shenzhen Stock Exchange

Prospectus URL

Prospectus

Source URL

Source

Description

The company raised RMB 1.366 billion in the IPO.

Date Investors Type Amount
07/01/2007 Kleiner Perkins Kleiner Perkins (1)
Post-money valuation of
Series A
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Products
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Product image Name Product status Revenue model Cost metrics

Monitoring Systems

Series of different software to meet different customer needs: - SolarInfo Insight is a monitoring software for small to medium sized PV systems - SolarInfo Plant is monitoring software for large PV power plants - SolarInfo Bank is a global monitoring software for several PV systems or large power plants

Wide Commercial Availability
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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