BNEF London Summit 2020: Sungrow Spurs the Energy Transition

This year’s BNEF Summit London offers a much productive and enjoyable experience for over 500 attendees as it brings together business leaders and investors to drive innovation and scale best practices in sustainable business and finance online. Sungrow, sponsoring the summit for the fifth year, trying efforts to fueling the transition to a zero-carbon economy.

“The majority of many national populations thinks global climate change is a major threat,” said Jon Moore, CEO of BNEF, in the summit welcome remark. He highlighted that more than half of global emissions are now covered by a form of net-zero target, including China, and the renewable power generation additions will far exceed fossil fuel generation additions in the next decade.

As one of the key players in the renewable energy industry, Sungrow is committed to supporting the new era where deep decarbonization of the power generation industry is in full swing with strong competitiveness on a technology innovation basis, in particular the advanced solar-plus-storage solution which enables unintermittent clean energy supply all day long while ensuring grid stability, showing an ambitious and sustained efforts to tackle the climate crisis.

The Company also declared to switch its electricity used globally in its manufacturing and operations to 100% renewable energy by 2028 as a RE100 member.

Bankability is a key metric of making dependable PV brands an important decision criterion in a solar project. Sungrow is the only inverter supplier ranked “100% bankable” for two straight years by BNEF, exhibiting the soundness and reliability of Sungrow’s growing business and involvement in more renewable ventures.

“We are at the cusp of energy transition and need to facilitate long-term and sustainable growth. The environmental, social and governance (ESG) performance of companies turns to be pretty imperative,” said Lewis Li, General Manager of Sungrow Europe in an executive interview of the summit.

In fact, the Company keeps offering a wide product portfolio focusing on clean energy, especially in PV and energy storage sectors which are poised to be outperforming for years. It is pioneering emerging segments like green hydrogen backed by the advanced PV technologies and facilitating the multi-energy integration to rev up the development of sustainability.

Source: Sungrow Power