While still at a relatively early stage in its development, the US floating PV market is a key one for Sungrow FPV. PV Tech sat down with VP Lei Wang to gain his insights into the US and, more broadly, the global market.
The world’s top 10 solar inverter providers accounted for 86% market share in 2022, a year where the market saw a 48% increase in size year-on-year (YoY).
Inverter manufacturer Sungrow has signed an agreement with Indian comglomerate Larsen & Toubro to supply 2.2GW inverters for a hydrogen project in Saudi Arabia.
Sungrow has signed an agreement to supply 2.1GW worth of inverters to the Al Shuaibah PV project in Saudi Arabia, which will be the largest solar farm in the world once it reaches operations.