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Share buyback programs股份回购计划
15 · 2024-01-03 → 2025-06-03
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Multiple share buyback programs executed and announced throughout 2024-2026 for employee incentives.2024-2026年期间执行并宣布了多项股份回购计划，用于员工激励。
2024-01-03Sungrow Power Supply completed share buyback of 11.316 million shares (0.7619% of total equity) for a total of 980 million yuan by Dec 31, 2023.阳光电源截至2023年12月31日完成回购股份1131.6万股（占总股本0.7619%），资金总额9.8亿元。
2024-02-02Sungrow Power Supply announced a share buyback plan; as of Jan 31, 2024, it had repurchased 11.5123 million shares (0.7752% of total equity) for a total of RMB 997 million, with prices ranging from RMB 78.46 to 90.72 per share, for future employee stock ownership or equity incentive plans.阳光电源公告股份回购计划；截至2024年1月31日，已累计回购1151.23万股（占总股本0.7752%），支付资金总额9.97亿元，成交价区间78.46-90.72元/股，用于后期员工持股或股权激励。
2024-03-04Sungrow disclosed cumulative share buyback of 11.51 million shares (0.7752% of total) for ~CNY 997 million as of Feb 29, 2024.阳光电源披露截至2024年2月29日累计回购约1151万股（占总股本0.7752%），耗资约9.97亿元。
2024-05-07As of April 30, 2024, the company had repurchased 11.5123 million shares (0.7752% of total shares) for a total of 997 million yuan, with prices ranging from 78.46 to 90.72 yuan per share.截至2024年4月30日，公司累计回购股份1151.23万股（占总股本0.7752%），支付资金总额9.97亿元，成交价区间78.46-90.72元/股。
2024-06-05Sungrow Power Supply repurchased 11.5123 million shares (0.78% of total equity) as of May 31, 2024, spending RMB 997 million at prices between 78.46 and 90.72 yuan per share.截至2024年5月31日，阳光电源累计回购1151.23万股（占总股本0.78%），耗资9.97亿元，回购价格区间78.46-90.72元/股。
2024-07-14Sungrow announced a new share buyback plan of RMB 500 million to RMB 1 billion at a price not exceeding RMB 97 per share, for future employee stock ownership or equity incentive plans. The previous buyback of RMB 997 million (11.5123 million shares) was completed on July 14.阳光电源公告新一轮股份回购计划，资金总额5亿元至10亿元，回购价格不超过97元/股，用于未来员工持股计划或股权激励。此前9.97亿元（1151.23万股）回购已于7月14日完成。
2024-07-22Sungrow executed the first repurchase under the new buyback plan on July 19, buying 100,000 shares at a total cost of RMB 7.2294 million, with prices ranging from RMB 71.38 to RMB 72.80 per share.阳光电源于7月19日实施新一轮回购计划的首次回购，回购股份10万股，成交总金额722.94万元，成交价区间71.38元至72.80元/股。
2024-10-08Sungrow Power Supply disclosed that as of September 30, 2024, it had repurchased 1,058,200 shares (0.0510% of total equity) for RMB 71.22 million under its RMB 500 million to RMB 1 billion buyback plan (price cap RMB 97/share) for employee stock ownership or equity incentives.阳光电源披露，截至2024年9月30日，已回购105.82万股（占总股本0.0510%），支付资金7122.08万元，回购计划总额5亿至10亿元（上限97元/股），用于员工持股或股权激励。
2024-10-20Sungrow Power Supply signed a stock repurchase loan contract with Industrial and Commercial Bank of China (ICBC) for RMB 420 million, with a 12-month term, to fund share buybacks. As of the date, it had repurchased 3,196,500 shares (0.1542% of total equity) for RMB 271 million.阳光电源与中国工商银行签署股票回购借款合同，借款金额4.2亿元，期限12个月，用于支付回购交易价款。截至公告日已累计回购319.65万股（占总股本0.1542%），支付资金2.71亿元。
2024-11-04Sungrow completed share buyback progress: as of Oct 31, 2024, repurchased 3.1965 million shares (0.1542% of total) for 271 million yuan, for employee stock ownership or equity incentive plans.阳光电源披露回购进展：截至2024年10月31日，累计回购319.65万股（占总股本0.1542%），支付资金2.71亿元，用于员工持股计划或股权激励。
2024-11-21Sungrow completed its share buyback plan, repurchasing a total of 5.8599 million shares (0.2826% of total) for 501 million yuan.阳光电源完成股份回购计划，累计回购585.99万股（占总股本0.2826%），支付资金5.01亿元。
2025-04-09Sungrow announced a share buyback plan of RMB 300-600 million at a price not exceeding RMB 100 per share, for future employee stock ownership or equity incentive plans, valid for 12 months.阳光电源公告拟以3亿至6亿元回购公司股份，回购价格不超过100元/股，用于后期实施员工持股计划或股权激励计划，期限12个月。
2025-04-11Sungrow completed the first tranche of its share buyback, repurchasing 517,856 shares (0.025% of total shares) at a price range of RMB 57.60-58.34 per share, for a total of RMB 30 million.阳光电源完成首次股份回购，回购51.7856万股（占总股本0.025%），成交价格区间57.60-58.34元/股，总金额约3000万元。
2025-05-07Sungrow announced that as of April 30, 2025, it had repurchased approximately 5.26 million shares (0.2535% of total equity) for a total of RMB 300 million, at prices between RMB 55.81 and 58.94 per share, for employee stock ownership or equity incentives.阳光电源公告，截至2025年4月30日，公司累计回购约526万股（占总股本0.2535%），成交总额3亿元，成交价区间55.81-58.94元/股，用于员工持股或股权激励。
2025-06-03Completed share buyback: repurchased 5,255,103 shares (0.2535% of total equity) for RMB 300 million.完成股份回购：累计回购5,255,103股（占总股本0.2535%），耗资3亿元。
Hefei Carbon Rui Technology JV合肥碳睿科技合资公司
1 · 2024-01-05
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Co-founded EV fast-charging station and IoT services JV with 30% stake.共同创立电动汽车快速充电站和物联网服务合资企业，持股30%。
2024-01-05Sungrow co-founded Hefei Carbon Rui Technology Co., Ltd. with registered capital of 100 million yuan, focusing on EV fast-charging stations and IoT services; Sungrow holds 30% stake.阳光电源等共同持股成立合肥碳睿科技有限公司，注册资本1亿元，主营电动汽车快速充电站和物联网服务，阳光电源持股30%。
Sungrow Power Supply (Jiangsu) subsidiary阳光电源（江苏）子公司
1 · 2024-01-16
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Wholly owned subsidiary established for new energy equipment manufacturing and AI software.成立全资子公司，专注于新能源设备制造和人工智能软件开发。
2024-01-16Sungrow Power Supply (Jiangsu) Co., Ltd. was established, wholly owned by Sungrow, with registered capital of 50 million yuan, covering new energy equipment manufacturing and AI software development.阳光电源（江苏）有限公司成立，由阳光电源全资持股，注册资本5000万元，业务涵盖新能源设备制造和人工智能软件开发。
Shanxi Tongyang Power Supply subsidiary山西同阳电源子公司
1 · 2024-01-19
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Wholly owned subsidiary established for new energy equipment and energy storage services.成立全资子公司，专注于新能源设备和储能服务。
2024-01-19Sungrow wholly owned subsidiary Shanxi Tongyang Power Supply Co., Ltd. was established with registered capital of 10 million yuan, focusing on new energy equipment manufacturing and energy storage services.阳光电源全资子公司山西同阳电源有限公司成立，注册资本1000万元，主营新能源设备制造和储能技术服务。
Annual performance & financial results年度业绩与财务报告
14 · 2024-01-22 → 2026-05-06
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Strong revenue and profit growth reported for 2023, 2024, and 2025 with quarterly updates.2023、2024和2025年报告了强劲的收入和利润增长，并附有季度更新。
2024-01-22Sungrow issued 2023 annual performance forecast: revenue 71-76 billion yuan (+76%-89% YoY), net profit 9.3-10.3 billion yuan (+159%-187% YoY), driven by core businesses (PV inverters, energy storage, new energy investment).阳光电源发布2023年度业绩预告：营收710-760亿元（同比增长76%-89%），净利润93-103亿元（同比增长159%-187%），核心业务（光伏逆变器、储能系统、新能源投资开发）高速增长。
2024-04-22Sungrow Power Supply reported 2023 full-year net profit of RMB 9.44 billion, up 162.69% YoY; Q1 2024 net profit of RMB 2.096 billion, up 39.05% YoY.阳光电源公布2023年归母净利润94.4亿元，同比增长162.69%；2024年一季度归母净利润20.96亿元，同比增长39.05%。
2024-08-23Sungrow Power reported H1 2024 revenue of 31.02 billion yuan, up 8.38% YoY; net profit of 4.959 billion yuan, up 13.89% YoY.阳光电源2024年上半年营收310.2亿元，同比增长8.38%；净利润49.59亿元，同比增长13.89%。
2024-10-31Sungrow Power Supply reported Q3 2024 results: revenue of RMB 18.926 billion (+6.37% YoY), net profit of RMB 2.64 billion (-7.96% YoY). First three quarters: revenue of RMB 49.946 billion (+7.61% YoY), net profit of RMB 7.6 billion (+5.21% YoY).阳光电源发布2024年第三季度报告：第三季度营收189.26亿元（同比+6.37%），净利润26.4亿元（同比-7.96%）；前三季度营收499.46亿元（同比+7.61%），净利润76亿元（同比+5.21%）。
2024-11-01Sungrow Power Supply released Q3 2024 results: Q3 revenue 18.926 billion yuan (+6.37% YoY), net profit 2.64 billion yuan (-7.96% YoY); first quarterly net profit decline since 2022.阳光电源发布2024年三季报：第三季度营收189.26亿元（同比+6.37%），净利润26.4亿元（同比-7.96%）；自2022年以来首次单季度净利润下滑。
2025-01-08Sungrow Power reported Q1-Q3 2024 revenue of 49.946 billion yuan, up 7.61% YoY; net profit of 7.60 billion yuan, up 5.21% YoY.阳光电源2024年1-9月营业收入499.46亿元，同比增长7.61%；归属净利润76.0亿元，同比增长5.21%。
2025-04-25Sungrow reported Q1 2025 revenue of RMB 19.036 billion, up 50.92% YoY, and net profit of RMB 3.826 billion, up 82.52% YoY.阳光电源发布2025年一季报，营业收入190.36亿元，同比增长50.92%；归母净利润38.26亿元，同比增长82.52%。
2025-04-25Sungrow reported FY2024 revenue of RMB 77.857 billion, up 7.76% YoY, and net profit of RMB 11.036 billion, up 16.92% YoY. It proposed a cash dividend of RMB 10.80 per 10 shares. PV inverter global shipments reached 147GW, and energy storage system global shipments reached 28GWh.阳光电源发布2024年年报，营业收入778.57亿元，同比增长7.76%；归母净利润110.36亿元，同比增长16.92%；拟每10股派发现金红利10.80元。光伏逆变器全球发货147GW，储能系统全球发货28GWh。
2025-08-25Sungrow reported H1 2025 revenue of RMB 43.533 billion, up 40.34% YoY; net profit of RMB 7.735 billion, up 55.97% YoY; plans a cash dividend of RMB 9.50 per 10 shares.阳光电源发布2025年半年报：上半年营收435.33亿元，同比增长40.34%；净利润77.35亿元，同比增长55.97%；拟每10股派发现金红利9.50元。
2025-09-05Sungrow Power disclosed in its 2025 semi-annual report that net profit attributable to shareholders reached 7.73 billion yuan, a year-on-year increase of 55.97%, and announced a semi-annual profit distribution plan.阳光电源2025年半年报披露，归母净利润达77.3亿元，同比增长55.97%，并公布半年度利润分配预案。
2025-10-28Sungrow reported Q3 2025 results: Q3 revenue 22.869 billion RMB (+20.83% YoY), net profit 4.147 billion RMB (+57.04% YoY); 9M revenue 66.402 billion RMB (+32.95% YoY), net profit 11.881 billion RMB (+56.34% YoY).阳光电源发布2025年三季报：第三季度营收228.69亿元（同比+20.83%），净利润41.47亿元（同比+57.04%）；前三季度营收664.02亿元（同比+32.95%），净利润118.81亿元（同比+56.34%）。
2026-04-01Sungrow Power Supply releases 2025 annual report: revenue 89.184 billion yuan (+14.55% YoY), net profit 13.461 billion yuan (+21.97% YoY); Q4 revenue 22.782 billion yuan (-18.37% YoY), net profit 1.58 billion yuan (-54.02% YoY), both below analyst consensus.阳光电源发布2025年年报：营收891.84亿元（同比+14.55%），净利润134.61亿元（同比+21.97%）；第四季度营收227.82亿元（同比-18.37%），净利润15.8亿元（同比-54.02%），均低于分析师一致预期。
2026-04-27Sungroup releases 2026 Q1 report: revenue 15.561 billion yuan (-18.26% YoY), net profit 2.291 billion yuan (-40.12% YoY). Financial expenses surged 654% due to exchange losses.阳光电源发布2026年一季报：营收155.61亿元（同比-18.26%），净利润22.91亿元（同比-40.12%）。财务费用因汇兑损失同比激增654%。
2026-05-06Sungrow Power Supply released 2026 Q1 results: revenue 15.561 billion yuan, down 18.26% YoY; net profit 2.291 billion yuan, down 40.12% YoY.阳光电源发布2026年一季报：营收155.61亿元，同比下降18.26%；归母净利润22.91亿元，同比下降40.12%。
New energy business spin-off & subsidiary capital raises新能源业务分拆与子公司增资
4 · 2024-01-23 → 2024-05-10
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Planned spin-off of low-margin new energy business; subsidiary Sungrow New Energy raised capital from external investors.计划分拆低利润新能源业务；子公司阳光新能源从外部投资者处筹集资金。
2024-01-23Sungrow plans to spin off its low-margin new energy business to address its own capital needs, as stated by investor relations staff.阳光电源投资者热线表示，计划分拆低毛利的新能源业务以解决其自身资金需求。
2024-02-20Sungrow's controlling subsidiary Sungrow New Energy Development Co., Ltd. introduced investors Anhui Tieji New Energy Equity Investment Partnership and Zhejiang Fuzhe Fuchuang Equity Investment Partnership via capital increase, with total injection of RMB 347 million; post-increase, Sungrow's stake diluted from 82.9437% to 81.4559%, and the pre-investment valuation reached RMB 19 billion.阳光电源控股子公司阳光新能源开发股份有限公司通过增资扩股引入投资者安徽铁基新能股权投资合伙企业和浙江富浙富创股权投资合伙企业，合计增资3.47亿元；增资后阳光电源持股比例由82.9437%降至81.4559%，投前估值达190亿元。
2024-03-25Sungrow's subsidiary Sungrow New Energy raised CNY 500 million via capital increase from ICBC Financial Asset Investment and CCB Financial Asset Investment, reducing Sungrow's stake from 81.46% to 79.40%.阳光电源控股子公司阳光新能源通过增资扩股引入工银金投、建信投资合计5亿元，阳光电源持股比例由81.46%降至79.40%。
2024-05-10Confirmed that the spin-off of subsidiary Sungrow New Energy will remain a consolidated subsidiary; short-term impact on net profit but long-term benefit to competitive scale.确认分拆子公司阳光新能源后仍为合并报表范围内控股子公司，短期影响归母净利润但长远有益于扩大竞争优势和规模。
Cao Renxian share pledges曹仁贤股份质押
11 · 2024-01-29 → 2026-06-01
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Chairman Cao Renxian repeatedly pledged and extended pledges of his shares for personal funding.董事长曹仁贤多次质押并展期其股份，用于个人融资。
2024-01-29Chairman Cao Renxian pledged 3.517 million shares (7.8% of his holdings) to CITIC Securities as of Jan 29, 2024.截至2024年1月29日，董事长曹仁贤向中信证券质押351.7万股（占其所持股份7.8%）。
2024-11-14Controlling shareholder Cao Renxian extended the pledge of 1.96 million shares (0.31% of his holdings) to November 13, 2025, for personal funding needs.控股股东曹仁贤将其持有的196万股股份（占其所持股份0.31%）进行质押展期至2025年11月13日，用于个人资金需求。
2024-12-12Sungrow Power's controlling shareholder Cao Renxian extended the pledge of 3.86 million shares (0.61% of his holdings) to Dec 11, 2026, for personal funding needs. Total pledged shares reached 32.94 million (5.19% of his holdings, 1.59% of total shares). No change of control risk.阳光电源控股股东曹仁贤将386万股（占其所持股份0.61%）质押展期至2026年12月11日，用于个人资金需求。累计质押3294万股（占其所持5.19%，总股本1.59%），无控制权变更风险。
2025-04-10Sungrow chairman Cao Renxian pledged an additional 1.65 million shares to Huatai Securities, bringing his total pledged shares to 34.585 million, or 5.48% of his holdings.阳光电源股东曹仁贤向华泰证券补充质押165万股，累计质押股份3458.5万股，占其持股总数的5.48%。
2025-04-18Sungrow chairman Cao Renxian pledged an additional 1 million shares to Huatai Securities, bringing his total pledged shares to 35.585 million, or 5.64% of his holdings.阳光电源股东曹仁贤向华泰证券补充质押100万股，累计质押股份3558.5万股，占其持股总数的5.64%。
2025-05-09Controlling shareholder Cao Renxian pledged 1.8 million shares (0.09% of total equity) to China Galaxy Securities for personal funding needs, and simultaneously released a pledge on 3.22 million shares.控股股东曹仁贤向银河证券质押180万股（占总股本0.09%），用于个人资金需求，同时解除322万股质押。
2025-05-19Controlling shareholder Cao Renxian released a pledge on 700,000 shares (0.03% of total equity) and pledged 420,000 shares (0.02% of total equity).控股股东曹仁贤解除70万股（占总股本0.03%）质押，并质押42万股（占总股本0.02%）。
2025-11-11Sungrow Power's controlling shareholder Cao Renxian released a pledge of 1.96 million shares, accounting for 0.31% of his holdings and 0.09% of total shares.阳光电源控股股东曹仁贤解除质押196万股，占其所持股份的0.31%及公司总股本的0.09%。
2026-04-08Sungrow's controlling shareholder Cao Renxian extends pledge on 1.65 million shares, with new expiry date of April 7, 2027.阳光电源控股股东曹仁贤办理165万股股份质押展期，展期后到期日为2027年4月7日。
2026-04-30Sungroup's controlling shareholder Cao Renxian pledges an additional 6 million shares (starting April 28, 2026, expiring April 28, 2027) to Guotai Haitong for personal funding needs. Total pledged shares reach 26.83 million (4.22% of his holdings).阳光电源控股股东曹仁贤新增质押600万股（2026年4月28日起，2027年4月28日到期）给国泰海通，用于个人资金需求。累计质押2683万股（占其持股4.22%）。
2026-06-01Controlling shareholder Cao Renxian pledged 3 million shares to China Merchants Securities for one year, for personal capital needs; previous pledge was released and re-pledged.控股股东曹仁贤向招商证券质押300万股，期限一年，用于个人资金需求；此前解除质押后重新质押。
Technology roadmap & product strategy技术路线图与产品策略
8 · 2024-01-30 → 2026-04-27
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Confirmed lithium-ion battery use, abandoned microinverter project for power optimizers, and deployed PEM/ALK hydrogen.确认使用锂离子电池，放弃微型逆变器项目转向功率优化器，并部署PEM/ALK氢能技术。
2024-01-30Sungrow confirmed its energy storage systems use lithium-ion battery technology, not all-liquid flow batteries.阳光电源确认其储能系统产品采用锂离子电池技术路线，而非全液流电池。
2024-04-09Sungrow Power Supply has abandoned its microinverter project and switched to power optimizers.阳光电源已放弃微逆项目，改做功率优化器。
2024-08-25Sungrow Power stated it has deployed PEM and ALK hydrogen technologies, monitors AEM, and expects hydrogen business to turn profitable in 4-5 years.阳光电源表示已布局PEM和ALK氢能技术，关注AEM技术，预计氢能业务4-5年后逐步盈利。
2025-02-20Sungrow Power stated it has no plans for new business expansion beyond its current product lines: PV inverters, wind converters, energy storage systems, floating PV systems, EV drive systems, charging equipment, renewable hydrogen systems, and smart energy O&M services.阳光电源表示暂无开展其他新增业务规划，现有产品线包括光伏逆变器、风电变流器、储能系统、水面光伏系统、新能源汽车驱动系统、充电设备、可再生能源制氢系统和智慧能源运维服务。
2026-01-30Sungrow stated it does not engage in battery cell or module businesses.阳光电源表示不涉及电池片、组件业务。
2026-03-06Confirmed no involvement in iron-air battery technology.确认暂不涉及铁空气电池技术。
2026-03-09Confirmed no involvement in space solar products.确认暂不涉及太空光伏产品。
2026-04-27Sungrow states in Q1 2026 earnings call that it adheres to a 'cell-neutral' principle, will not build its own battery cell capacity, and will deepen cooperation with cell partners including potential mutual equity participation.阳光电源在2026年一季度电话会中表示，坚持“电芯中立”原则，不自建电芯产能，将与电芯合作伙伴深化战略合作，甚至考虑相互参股。
Red Sea & supply chain impact红海与供应链影响
1 · 2024-01-30
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Red Sea incident had limited impact on export shipping costs and transit times.红海事件对出口运输成本和转运时间影响有限。
2024-01-30Sungrow stated that the Red Sea incident has limited impact on its export shipping costs and transit times.阳光电源表示红海事件对其出口运费和航运时间影响不大。
New Energy Multi-Strategy Industrial Fund新能源多策略产业基金
3 · 2024-02-02 → 2025-12-02
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Co-founded a 1 billion yuan fund with partners, investing in new energy upstream/downstream.与合作伙伴共同创立10亿元基金，投资于新能源上下游产业链。
2024-02-02Sungrow signed an意向协议 with Hefei Renfa New Energy Investment Fund, Zhejiang Fuzhe Capital Management, and Hangzhou Industrial Investment to jointly set up a New Energy Multi-Strategy Industrial母基金 (limited partnership) with total subscribed capital of RMB 1 billion; Sungrow will contribute RMB 490 million (49%) as a limited partner, investing in新能源 upstream/downstream including PV, wind, advanced storage, hydrogen, carbon neutrality, and high-end smart manufacturing.阳光电源与合肥仁发新能投资基金管理有限公司、浙江富浙资本管理有限公司、杭州产业投资有限公司签订意向协议，共同设立新能源多策略产业母基金（有限合伙），认缴出资总额10亿元；阳光电源作为有限合伙人出资4.9亿元（占比49%），投资光伏、风电、先进储能、氢能、碳达峰碳中和、高端智能制造等领域。
2024-05-10Established 'Hangzhou XinNeng Multi-Strategy Venture Capital Partnership' with a total capital of 1 billion yuan; Sungrow contributed 490 million yuan (49%) as a limited partner, investing in new energy industry chain.参与设立'杭州新能多策略创业投资合伙企业'，出资额10亿元，阳光电源作为有限合伙人认缴4.9亿元（占比49%），投资新能源产业链。
2025-12-02Sungrow Power, through its subsidiary, jointly established a venture capital partnership in Hangzhou with a capital contribution of 1 billion yuan.阳光电源通过旗下子公司在杭州共同设立创投合伙企业，出资额10亿元。
Sungrow USA subsidiary guarantees阳光美国子公司担保
5 · 2024-02-05 → 2024-12-24
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Provided multiple guarantees for Sungrow USA Corporation's supply agreements with US customers.为阳光美国公司与美国客户的供应协议提供多项担保。
2024-02-05Sungrow disclosed a guarantee of USD 90.744 million (RMB equivalent) for its subsidiary Sungrow USA Corporation, with joint liability guarantee ending on Oct 23, 2030.阳光电源披露为子公司Sungrow USA Corporation提供9074.4万美元（折合人民币）的连带责任担保，担保结束日为2030年10月23日。
2024-03-18Sungrow subsidiary Hong Kong Sun grow provided a USD 225.9 million guarantee for Sungrow USA's energy storage supply agreements with two US customers (Tanzanite Energy Storage LLC, Platinum Energy Storage LLC), valid until Jan 1, 2030.阳光电源子公司香港阳光为美国阳光与两家美国客户（Tanzanite Energy Storage LLC、Platinum Energy Storage LLC）的储能供货协议提供2.259亿美元连带责任担保，有效期至2030年1月1日。
2024-04-01Sungrow Power Supply disclosed a guarantee of USD 65.583 million for its subsidiary Sungrow USA Corporation, with joint liability guarantee ending on 2030-01-20.阳光电源披露为子公司Sungrow USA Corporation提供6558.3万美元的连带责任担保，结束日为2030年1月20日。
2024-07-29Sungrow disclosed a guarantee of USD 11.855 million for its subsidiary Sungrow USA Corporation, with a guarantee period ending on April 30, 2031, in the form of joint liability guarantee.阳光电源披露为子公司Sungrow USA Corporation提供1185.5万美元的对外担保，担保方式为连带责任担保，结束日为2031年4月30日。
2024-12-24Sungrow Power provided guarantees totaling USD 107.55 million (approx. RMB 772.98 million) for its US subsidiary Sungrow USA Corporation under three supply agreements with three US customers, with guarantee periods extending to 2029-2031. This is within the previously approved RMB 5 billion guarantee limit for Sungrow USA.阳光电源为美国子公司Sungrow USA Corporation与三家美国客户签订的供货协议提供合计1.0755亿美元（约7.73亿元人民币）连带责任担保，担保期限至2029-2031年，未超过此前批准的50亿元担保额度。
PV inverter winning bids (China state-owned enterprises)光伏逆变器中标（中国国有企业）
26 · 2024-02-07 → 2026-06-04
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Won multiple PV inverter procurement bids from major Chinese state-owned power groups.从中国主要国有电力集团赢得多个光伏逆变器采购招标。
2024-02-07Sungrow was named the first candidate for winning the bid for China Datang Corporation's 2023-2024 PV inverter framework (Segment 3: distributed string inverters, 1000 MW), with a bid price of RMB 130.2325 million (RMB 0.130/W).阳光电源被列为大唐集团2023-2024年度光伏逆变器框架标段三（分布式组串式逆变器，1000MW）第一中标候选人，投标报价13023.25万元（0.130元/瓦）。
2024-02-20Sungrow won the bid for CNNC's Zhuzhou 100 MW residential distributed PV project inverter procurement, with a bid price of RMB 12.48088 million (RMB 0.125/W).阳光电源中标中核集团株洲市100MW户用分布式光伏项目逆变器采购，中标价格1248.088万元（0.125元/瓦）。
2024-03-05Sungpower won the bid for Shanxi International Energy Group's 50MW (60MWp DC) string inverter supply project with a bid of CNY 5.97856 million.阳光电源中标山西国际能源集团左权光伏发电项目50MW（直流侧60MWp）组串式逆变器采购，投标报价597.856万元。
2024-04-22Sungrow Power Supply was selected as the second candidate in Zhonglingxingneng's 800 MW string inverter centralized procurement tender for 2024, with a supply share ratio of 4:3:2:1 among four winners.阳光电源被选为中瓴星能2024年度第一批800MW组串式并网逆变器集中采购第二中标候选人，四家中标单位供应占比为4:3:2:1。
2024-05-07Won the first place as candidate for the 1GW string inverter centralized procurement of Jinkai New Energy, with a bid price of 113.7232 million yuan (0.114 yuan/W).中标金开新能2024年组串式逆变器1GW集中采购项目第一候选人，投标报价11372.32万元（0.114元/W）。
2024-05-08Won the first candidate for Section 1 of SPIC Huanghe Company's 656.6MW 1500V string inverter and integrated platform procurement, with a bid price of 46.5216 million yuan.中标国家电投黄河公司第二批656.6MW 1500V组串式逆变器及集成平台标段一第一候选人，投标报价4652.16万元。
2024-05-10Won the string inverter procurement for the 200MW photovoltaic project in Kaiping Hengyan Baili Town, China Power Construction Huazhong Institute.中标中国电建华中院开平恒炎百合镇200MW光伏发电项目组串式逆变器采购。
2024-05-22Won the first candidate for the 2024 wind turbine converter framework procurement of Guodian United Power, with a bid price of 58.0028 million yuan for 355 units.中标国电联合动力2024年度风机原材料变流器框架采购第一候选人，投标报价5800.28万元，共355台。
2024-06-11Sungrow Power Supply wins bid for 82.2 MW string inverter procurement for China Resources Guangchang Qianshan PV project, with a bid price of RMB 9.042 million.阳光电源中标华润广昌千善光伏发电项目82.2MW组串式逆变器采购，中标金额904.2万元。
2024-06-12Sungrow Power Supply is selected as the first candidate for 200 MW PV inverter framework procurement by Zhongshe New Energy, with a bid of RMB 23.78 million.阳光电源入选200MW中设新能源2024年度光伏逆变器框架入围集采第一中标候选人，投标报价2378万元。
2024-07-17Sungrow won the bid for the box-type inverter-integrated machine procurement of the Yixing Xinjian Town 100 MW agricultural-solar complementary PV project from China Nuclear Industry Huaxing Construction Co., Ltd., with inverter delivery expected in mid-September 2024.阳光电源中标中国核工业华兴建设有限公司宜兴新建镇100MW农光互补光伏发电项目箱逆变一体机采购，预计逆变器进场时间在2024年9月中旬。
2024-08-14Sungrow Power won the bid for the inverter procurement of the China Power Construction Haifeng County Meilong Town 150MW fishery-solar integrated PV project.阳光电源中标中国电建海丰县梅陇镇150MW渔光一体化光伏发电项目逆变器采购。
2024-08-22Sungrow Power won the bid for the string inverter procurement of the China Power Construction East China Institute Huachen Electric Control CGN Ningde 200MW offshore PV project.阳光电源中标中国电建华东院华辰电控中广核宁德200MW海上光伏项目组串式逆变器采购。
2024-10-22Sungrow Power Supply won 4.5 GW out of 12.5 GW in State Power Investment Corporation's (国家电投) 2024 batch 52 centralized inverter procurement tender, including 2.625 GW in string inverters, 1.25 GW in central inverters, and 0.625 GW in distributed inverters.阳光电源在国家电力投资集团2024年度第52批集中招标（第一批光伏逆变器设备）中中标4.5GW，包括组串式2625MW、集中式1250MW、分布式625MW。
2024-10-28Sungrow Power Supply won the bid for string inverters and auxiliary equipment procurement for the China Power Construction (中国电建) Chengdu Institute's Guotou Quanzhou Dongshan Huanglong photovoltaic farm (80 MW) EPC project.阳光电源中标中国电建成都院国投全州东山黄龙光伏电场（80MW）EPC项目组串式逆变器及附属设备采购项目。
2024-10-28Sungrow Power Supply won a sole-source procurement contract for inverter drive kits from CECEP (中节能) Hubei Solar Technology Co., Ltd. Yingcheng Branch.阳光电源中标中节能湖北太阳能科技有限公司应城分公司阳光逆变器驱动套件单一来源采购项目。
2024-11-14Sungrow was named the second candidate in China Coal Energy Group's 2024 first batch of 1500V string inverter (196kW+) framework procurement, with a total capacity of 3 GW (2 GW procurement + 1 GW reserve).阳光电源成为中国中煤能源集团2024年度第一批1500V组串式逆变器（196kW及以上）框架集中采购第二中标候选人，总容量3GW（采购2GW+储备1GW）。
2025-03-10Sungrow and Huashi Installation Co., Ltd. won the bid for 1000 MW of string inverter supply for the Hunan Energy Group Hongsibao 300 MWp solar project (Phase I, 100 MW) in Ningxia.阳光电源与华实安装有限公司中标湖南能源集团红寺堡区300万千瓦光伏项目（一期100万千瓦）1000MW组串式逆变器采购。
2025-03-26Sungrow was named the second candidate for the inverter replacement bid (17 units of 500 kW) for Phase I (10 MW) of the Huaneng Shilin PV station in Yunnan.阳光电源被列为华能石林光伏电站一期（10MW）17台500kW逆变器更换采购中标候选人第二名。
2025-04-25Sungrow was shortlisted as a candidate for the 2025-2026 PV inverter centralized procurement by CNNC (China National Nuclear Corporation), covering three bidding sections.阳光电源入围中核集团2025-2026年度逆变器一级集中采购项目三个标段的候选人名单。
2025-06-18Named as a candidate in China Datang Corporation's 2025-2026 PV inverter framework procurement (16 GW total). Sungrow is a candidate for the 14 GW string inverter segment.入围中国大唐集团2025-2026年度光伏逆变器框架采购（总量16GW），阳光电源为14GW组串式逆变器标段中标候选人之一。
2026-02-27Sungrow Power won the bid for the Tongxin County Huaju Chuangneng 380 MW solar PV project inverter procurement in Ningxia, with AC-side capacity of 380 MW, using 650Wp monocrystalline modules.阳光电源中标宁夏同心县华炬创能38万千瓦光伏发电项目逆变器采购，交流侧容量380MW，采用650Wp单晶组件。
2026-03-10Won bid for CGN New Energy's 2026 PV inverter framework procurement (Lot 4) with a winning amount of RMB 142 million.中标中广核新能源2026年度光伏逆变器设备框架集采（四标段），中标金额1.42亿元。
2026-04-02Sungrow wins a bid from China Pingmei Shenma Group for string inverters, with a winning amount of 2.008 million yuan.阳光电源中标中国平煤神马控股集团组串式逆变器采购项目，中标金额200.80万元。
2026-05-17Sungrow won a bid for string PV inverters from Jiangsu Yantong Weifu Yunxin New Energy Co., Ltd., with a winning amount of 19.1115 million yuan.阳光电源中标江苏沿海通威富云新能源有限公司组串式光伏逆变器联合采购项目，中标金额1911.15万元。
2026-06-04Won bid for China Energy Engineering Group Tianjin Electric Power Construction's South Africa Noxie 475MW PV project box-type inverter-integrated machine, amount 104 million yuan.中标中国能建天津电建南非诺希475MW光伏项目箱逆变一体机，金额1.04亿元。
Sungrow Power UK subsidiary guarantees阳光英国子公司担保
1 · 2024-02-19
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Provided guarantees for UK subsidiary under supply agreements with clients.根据与客户的供应协议为英国子公司提供担保。
2024-02-19Sungrow provided joint liability guarantees totaling GBP 30 million (approx. RMB 270 million) for its UK subsidiary Sungrow Power UK Ltd under supply agreements with clients HD777FRY LTD, HD144WHI LTD, and HD639LEG LTD, with guarantee period up to 10 years after certificate of接管.阳光电源为英国子公司Sungrow Power UK Ltd与客户HD777FRY LTD、HD144WHI LTD、HD639LEG LTD签订的供货协议提供合计3000万英镑（约2.7亿元人民币）的连带责任保证，担保期限自签发接管证书后最长十年。
Hong Kong & Chile subsidiary mutual guarantees香港与智利子公司相互担保
1 · 2024-02-23
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Mutual guarantees provided between Hong Kong and Chile subsidiaries for supply agreements.香港和智利子公司之间为供应协议提供相互担保。
2024-02-23Sungrow's subsidiaries Hong Kong Sungrow and Chile Sungrow provided mutual joint liability guarantees for each other's supply and service agreements, with a maximum guarantee amount of USD 169.953842 million (approx. RMB 1.20776 billion) for the first two years, decreasing thereafter, covering a 15-year period.阳光电源子公司香港阳光与智利阳光互相为对方就供货协议和服务协议提供连带责任保证，前两年最高担保金额为1.69953842亿美元（约12.0776亿元人民币），随后递减，担保期限15年。
SUNGROW ICARBON trademark阳光iCarbon商标
1 · 2024-02-28
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Filed trademark application for 'SUNGROW ICARBON'.提交了“阳光iCarbon”商标申请。
2024-02-28Sungrow filed a new trademark application for 'SUNGROW ICARBON'; as of the date, the company holds 955 registered trademarks and has 135 pending applications.阳光电源新提交“SUNGROW ICARBON”商标注册申请；截至目前公司共持有注册商标955件，另有135件商标尚在注册申请中。
Software copyright registrations软件著作权登记
3 · 2024-03-04 → 2026-03-10
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Registered multiple software copyrights including e-FMC System and power control programs.注册了多项软件著作权，包括e-FMC系统和功率控制程序。
2024-03-04Sungrow registered a new software copyright 'Integrated Energy Edge Device Manager e-FMC System V1.0'.阳光电源新注册《综合能源边缘设备管理器e-FMC系统V1.0》软件著作权。
2024-09-07Sungrow registered a new software copyright for 'High-power Split-pile Power Control Unit Program V1.0', and reported R&D spending of 1.486 billion CNY in H1 2024, up 41.65% YoY.阳光电源新注册《大功率分体桩功率控制单元程序V1.0》软件著作权，2024年上半年研发投入14.86亿元，同比增长41.65%。
2026-03-10Registered new software copyright 'Wind Power Prediction System Based on VMD and Deep Learning V1.0'; R&D spending in H1 2025 was RMB 2.037 billion, up 37.08% YoY.新注册《基于VMD与深度学习的风电功率预测系统V1.0》软件著作权；2025上半年研发投入20.37亿元，同比增37.08%。
Energy storage market rankings储能市场排名
9 · 2024-03-07 → 2025-12-04
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Ranked No.1 in global and Chinese energy storage system and PCS shipments by multiple agencies.被多家机构评为全球和中国储能系统及PCS出货量第一。
2024-03-07CNESA ranked Sungrow No.1 in 2023 China energy storage PCS overseas market shipments.中关村储能产业技术联盟（CNESA）将阳光电源列为2023年中国储能PCS海外市场出货量第一名。
2024-03-18CNESA ranked Sungrow No.1 in 2023 global energy storage system shipments (Chinese enterprises) for the 8th consecutive year, with over 10GWh shipped.中关村储能产业技术联盟（CNESA）将阳光电源列为2023年全球储能系统出货量（中国企业）第一名，连续第八年夺冠，出货量超10GWh。
2024-03-21Sungrow clarified it did not participate in CNESA's domestic energy storage system shipment ranking, citing unreliable data from non-listed companies.阳光电源澄清未参与中关村储能产业技术联盟（CNESA）国内储能系统出货量排名，称非上市公司数据水分大。
2024-04-03Sungrow Power Supply ranked first in China's 2023 energy storage system global shipment list with over 10 GWh, achieving 8 consecutive years as top domestic player; launched the world's first 10 MWh AC-DC integrated large-scale ground storage system.阳光电源以超10GWh的出货量位居2023年度储能系统全球市场中国企业榜首，连续第8年国内第一；发布全球首款10兆瓦时交直流一体大型地面储能系统。
2024-12-19Sungrow Power ranked first in both energy storage system and PCS global bankability rankings in BloombergNEF's 'Energy Storage System Cost Survey 2024', based on product quality, financial health, supply chain, and global project experience.阳光电源在彭博新能源财经（BloombergNEF）《2024年储能系统成本调查》中，凭借产品质量、财务稳健性、供应链及全球项目经验，获储能系统和PCS全球可融资性排名双项第一。
2025-01-14S&P Global released its 2024 global energy storage system integrator report, ranking Sungrow Power first globally in cumulative installed capacity and cumulative orders.标普全球发布2024全球储能系统集成商报告，阳光电源在全球累计装机量、累计订单量均位列全球第一。
2025-08-19InfoLink ranked Sungrow No.1 in global energy storage system shipments for the first half of 2025, surpassing Tesla.InfoLink数据显示，阳光电源2025年上半年全球储能系统出货量排名第一，超越特斯拉。
2025-09-08According to InfoLink's H1 2025 global energy storage system shipment ranking, Sungrow Power surpassed Tesla to become the world's No.1 energy storage system supplier.据InfoLink发布的2025年上半年全球储能系统出货排名，阳光电源超过特斯拉跃居全球第一。
2025-12-04Sungrow Power's PV inverters and energy storage systems (including core PCS) both ranked first globally in BloombergNEF's bankability survey.阳光电源光伏逆变器与储能系统（含核心PCS）在彭博新能源财经可融资性排名中双双获得全球第一。
Executive meetings & partnerships (state-owned enterprises)高层会晤与合作伙伴关系（国有企业）
10 · 2024-03-14 → 2025-07-25
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Chairman Cao Renxian met with leaders of SPIC, Sinopec, Huadian, Huaneng, CEEC, and others to discuss cooperation.曹仁贤董事长会见了国家电投、中石化、华电、华能、中能建等企业领导，讨论合作事宜。
2024-03-14Sungrow Chairman Cao Renxian met with SPIC Chairman Liu Mingsheng to discuss cooperation in new energy development, large base projects, digital energy tech, and flexible hydrogen production.阳光电源董事长曹仁贤拜会国家电投董事长刘明胜，双方就新能源开发、大基地项目、数字能源科技、柔性制氢等领域合作进行交流。
2024-03-21Sungrow held talks with China Energy Engineering Group Investment Company to deepen cooperation in energy storage, batteries, integrated business, and overseas markets.阳光电源与中国能建投资公司会谈，深化储能、电池、融合业务及海外市场合作。
2024-04-07Sungrow Power Supply Chairman Cao Renxian met with Sinopec Chairman Ma Yongsheng in Beijing to deepen cooperation in solar-storage-charging and flexible hydrogen production.阳光电源董事长曹仁贤在京拜会中国石化董事长马永生，深化光储充和柔性制氢领域合作。
2024-04-11Sungrow Power Supply Chairman Cao Renxian met with China Huadian Chairman Jiang Yi to deepen cooperation in new energy development, green hydrogen, and energy technology innovation.阳光电源董事长曹仁贤会见中国华电董事长江毅，深化新能源开发、绿电制氢、能源科技创新等领域合作。
2024-04-15Sungrow Power Supply Chairman Cao Renxian met with Jilin Province Party Secretary Jing Junhai to discuss cooperation in wind-solar power, hydrogen development, and energy storage technology.阳光电源董事长曹仁贤拜会吉林省委书记景俊海，讨论风光发电、氢能开发、储能技术等领域合作。
2025-03-14Sungrow chairman Cao Renxian met with China Energy Engineering Group (CEEC) chief scientist Luo Bixiong to discuss cooperation in new energy systems, renewable flexible hydrogen production, and zero-carbon parks.阳光电源董事长曹仁贤与中国能建首席科学家罗必雄座谈，讨论新型能源体系、可再生能源柔性制氢及零碳园区等领域合作。
2025-03-17Sungrow chairman Cao Renxian met with China Huaneng Group chairman Wen Shugang to discuss deepening cooperation in new power systems, technology innovation, and industrial integration.阳光电源董事长曹仁贤会见中国华能集团董事长温枢刚，讨论深化新型电力系统、科技创新及产业融合合作。
2025-03-19Sungrow chairman Cao Renxian met with China Huadian Group chairman Jiang Yi to deepen cooperation in new energy development, digital energy, flexible hydrogen production, and international markets.阳光电源董事长曹仁贤会见中国华电集团董事长江毅，深化新能源开发、数字能源、柔性制氢及国际市场合作。
2025-07-13Sungrow chairman Cao Renxian meets Jidian Power chairman Yang Yufeng to discuss cooperation in green hydrogen-based energy and international project development.阳光电源董事长曹仁贤与吉电股份董事长杨玉峰会晤，探讨绿色氢基能源合作及国际项目开发。
2025-07-25Sungrow chairman Cao Renxian meets Shanxi provincial governor Lu Dongliang to discuss cooperation in new energy R&D, integrated energy bases, green electricity parks, and virtual power plants.阳光电源董事长曹仁贤与山西省省长卢东亮会谈，探讨在新能源科研、综合能源基地、绿电园区、虚拟电厂等领域合作。
South Africa residential hybrid inverter南非户用混合逆变器
1 · 2024-03-19
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Launched a new three-phase hybrid inverter for the South African residential and small commercial market.为南非户用和小型商业市场推出新款三相混合逆变器。
2024-03-19Sungrow launched a new three-phase hybrid inverter for the South African residential and small commercial storage market in Johannesburg.阳光电源在约翰内斯堡发布面向南非户储和小型工商储市场的新款三相混合逆变器。
2000V high-voltage PV & storage system2000V高压光伏与储能系统
3 · 2024-03-22 → 2026-03-06
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Released 2000V high-voltage PV and storage system technology and upgraded 'Stem Cell Grid Technology'.发布了2000V高压光伏和储能系统技术，并升级了“干细胞电网技术”。
2024-03-22Sungrow released 2000V high-voltage PV and storage system technology, upgraded 'Stem Cell Grid Technology', and published the 'Commercial & Industrial Energy Storage White Paper' at the PAT2024 conference.阳光电源在PAT2024大会上发布2000V高压光储系统技术、升级版“干细胞电网技术”，并发布《工商业储能白皮书》。
2025-01-03Sungrow Power won the Annual Product Award at the 12th 'SolarBE' PV Industry Awards, and achieved the first grid-connected 2000V inverter in the industry.阳光电源在第十二届“光能杯”光伏行业颁奖盛典上荣获年度产品大奖，并率先实现2000V逆变器并网发电。
2026-03-06Upgraded stem cell grid-forming technology to version 2.0 and released white paper; ArcDefender DC arc extinguishing technology (released 2024) is now standard on all PowerTitan products.2025年再次升级干细胞电网技术至2.0版本并发布白皮书；2024年发布的ArcDefender储能直流灭弧技术已在PowerTitan产品中全系标配。
Cao Renxian industry outlook statements曹仁贤行业展望声明
2 · 2024-04-10 → 2024-07-24
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Chairman Cao Renxian commented on industry volatility, called for tech-driven cost reduction and avoiding involution.曹仁贤董事长评论行业波动，呼吁技术驱动降本，避免内卷。
2024-04-10Sungrow Power Supply Chairman Cao Renxian at ESIE 2024 called on the energy storage industry to return to tech-driven cost reduction and avoid ineffective involution, citing low margins and safety risks among thousands of firms.阳光电源董事长曹仁贤在储能国际峰会上呼吁储能行业回归技术创新降本增效，避免无效内卷，指出众多企业毛利率低、存在安全隐患。
2024-07-24Sungrow Chairman Cao Renxian, also Chairman of China Photovoltaic Industry Association, stated at the PV Industry Supply Chain Development Forum that the industry is experiencing a new cycle of volatility with intense competition, falling product prices, compressed profit margins, and high inventory, calling for technological innovation and supply chain optimization.阳光电源董事长、中国光伏行业协会理事长曹仁贤在光伏行业供应链发展论坛上表示，光伏行业正经历新一轮产业波动，市场竞争激烈、产品价格下行、利润空间压缩、部分企业库存高企，呼吁通过技术创新和供应链优化实现可持续发展。
iSolarBPS battery cell pre-diagnosis systemiSolarBPS电池预诊断系统
2 · 2024-04-11 → 2024-10-15
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Launched industry-first battery cell pre-diagnosis system integrating power electronics, electrochemistry and AI.推出了业界首个融合电力电子、电化学和人工智能的电池预诊断系统。
2024-04-11Sungrow Power Supply launched iSolarBPS, the industry's first battery cell pre-diagnosis system integrating power electronics, electrochemistry and AI, with 7-day advance anomaly warning and 30% O&M efficiency improvement.阳光电源发布业内首款深度融合电力电子、电化学和AI技术的电芯预诊断系统iSolarBPS，可提前7天预警异常，运维提效30%。
2024-10-15Sungrow Power Supply's cell pre-diagnosis system iSolarBPS became the first in the industry to pass the CGC/GF 246:2024 certification for energy storage battery safety early warning and diagnosis evaluation, issued by Beijing鉴衡认证中心 (CGC).阳光电源电芯预诊断系统iSolarBPS行业率先通过北京鉴衡认证中心发布的CGC/GF 246:2024储能电池安全预警与诊断评估认证。
Wind power converter milestone风电变流器里程碑
1 · 2024-04-11
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Global cumulative shipments of wind power converters exceeded 100 GW.风电变流器全球累计出货量超过100GW。
2024-04-11Sungrow Power Supply's wind power converter global cumulative shipments exceeded 100 GW.阳光电源风电变流器全球累计出货突破1亿千瓦（100 GW）。
Sungrow New Energy subsidiary expansion (domestic)阳光新能源子公司扩张（国内）
13 · 2024-04-19 → 2026-05-11
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Established multiple wholly-owned subsidiaries across China for new energy project development and services.在中国各地成立多家全资子公司，用于新能源项目开发和服务。
2024-04-19Sungrow Power Supply's subsidiary Sungrow New Energy fully funded the establishment of Wuhan Siyang New Energy Co., Ltd. with registered capital of RMB 1 million, focusing on energy recovery systems and biomass energy technology services.阳光电源旗下阳光新能源全资持股成立武汉思阳新能源有限公司，注册资本100万元，经营范围包括能量回收系统研发、生物质能技术服务。
2024-04-22Sungrow Power Supply's subsidiary Wuhan Siyang New Energy fully funded the establishment of Chuzhou Peiyang New Energy Co., Ltd. with registered capital of RMB 1 million, covering solar and wind power technology services.阳光电源旗下武汉思阳新能源全资持股成立滁州佩阳新能源有限公司，注册资本100万元，经营范围包括太阳能、风力发电技术服务。
2024-12-10Sungrow New Energy established three wholly-owned subsidiaries: Guangxi Chongyang New Energy (RMB 1m), Hubei Yiyang New Energy (RMB 1m), and Guangdong Kunyang New Energy (RMB 5m), all engaged in power generation, transmission, distribution, and solar technology services.阳光新能源全资设立三家子公司：广西翀阳新能源（100万元）、湖北省翼阳新能源（100万元）、广东省焜阳新能源（500万元），均从事发电、输电、供电及太阳能技术服务。
2024-12-20Sungrow New Energy established Hunan Chongyang New Energy Co., Ltd. with registered capital of RMB 2 million, wholly owned, focusing on solar and wind power technology services, wind turbine sales, and generator manufacturing.阳光新能源全资设立湖南省翀阳新能源有限公司，注册资本200万元，主营太阳能/风力发电技术服务、陆上风电机组销售及发电机制造。
2025-10-13Sungrow established Xuyi Linyang New Energy Technology Co., Ltd., wholly owned by its subsidiary Hefei Chunyang New Energy Investment, with registered capital of 1 million RMB.阳光电源通过旗下合肥春阳新能源投资有限公司全资设立盱眙麟之阳新能源科技有限公司，注册资本100万元。
2025-11-05Sungrow Power established a wholly-owned subsidiary, Yantai Xiyang New Energy Co., Ltd., with a registered capital of RMB 1 million, through its unit Hefei Puyang New Energy Co., Ltd.阳光电源通过旗下合肥庞阳新能源有限公司全资持股成立烟台熙阳新能源有限公司，注册资本100万元。
2026-01-13Sungrow subsidiary Hefei Chunyang New Energy Investment Co., Ltd. wholly established Wuhu Zuanyang New Energy Co., Ltd. with registered capital of 1 million RMB, for solar power generation technical services.阳光电源旗下合肥春阳新能源投资有限公司全资成立芜湖瑑阳新能源有限公司，注册资本100万元，从事太阳能发电技术服务。
2026-01-21Sungrow subsidiary Hefei Chunyang New Energy Investment Co., Ltd. wholly established Hefei Moyang New Energy Co., Ltd. with registered capital of 1 million RMB, for solar power generation technical services.阳光电源旗下合肥春阳新能源投资有限公司全资成立合肥市墨阳新能源有限公司，注册资本100万元，从事太阳能发电技术服务。
2026-02-27Sungrow Power, through its subsidiary Hefei Chunyang New Energy Investment Co., Ltd., wholly established Tangshan Kanyang New Energy Technology Co., Ltd. with a registered capital of 1 million CNY, covering solar power tech services, wind power, energy management, and smart distribution equipment sales.阳光电源通过旗下合肥春阳新能源投资有限公司全资成立唐山龛阳新能源科技有限公司，注册资本100万元，业务涵盖太阳能发电技术服务、风力发电、节能管理及智能输配电设备销售等。
2026-03-03Registered two new subsidiaries: Tangshan Kanyang New Energy Technology Co., Ltd. (RMB 1 million, Feb 12) and Anhui Sunshine Green Energy Technology Co., Ltd. (RMB 30 million, Feb 4), focusing on solar/wind tech services and new energy R&D.新注册两家子公司：唐山龛阳新能源科技有限公司（注册资本100万元，2月12日成立）和安徽阳光绿能科技有限公司（注册资本3000万元，2月4日成立），聚焦太阳能/风电技术服务及新能源技术研发。
2026-04-01Sungrow establishes a new subsidiary, Shanghai Jinshengyang New Energy Co., Ltd., wholly owned by Hefei Chunyang New Energy Investment (a Sungrow subsidiary), with registered capital of 1 million yuan, focusing on wind/solar technical services and energy management.阳光电源成立全资子公司上海锦盛阳新能源有限公司，由旗下合肥春阳新能源投资有限公司全资持股，注册资本100万元，主营风电/太阳能技术服务及合同能源管理。
2026-04-16Sungrow establishes another new subsidiary, Hefei Shucheng New Energy Co., Ltd., wholly owned by Hefei Shuyang New Energy Technology Development (a Sungrow subsidiary), with registered capital of 1 million yuan, covering solar/wind/storage technical services.阳光电源再成立全资子公司合肥蜀成新能源有限公司，由旗下合肥舒阳新能源科技发展有限公司全资持股，注册资本100万元，涵盖太阳能/风电/储能技术服务。
2026-05-11Sungrow wholly-owned subsidiary Hefei Chenzhi Technology Co., Ltd. was established with registered capital of 100 million yuan, covering auto parts R&D and PV equipment manufacturing.阳光电源全资子公司合肥宸智科技有限公司成立，注册资本1亿元，经营范围包括汽车零部件研发、光伏设备及元器件制造。
Huadian Sungrow Da'an Energy JV华电阳光大安能源合资公司
2 · 2024-04-22 → 2025-01-06
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Joint venture with Huadian Jilin Energy for wind/solar/storage technology services.与华电吉林能源成立合资公司，提供风电/光伏/储能技术服务。
2024-04-22Sungrow Power Supply's subsidiary Sungrow New Energy and Huadian Jilin Energy each hold 50% stake in the newly established Huadian Sungrow Da'an Energy Co., Ltd. with registered capital of RMB 5 million, covering power generation, wind/solar/storage technology services.阳光电源旗下阳光新能源与华电吉林能源分别持股50%成立华电阳光大安能源有限公司，注册资本500万元，经营范围包括发电业务、风电/光伏/储能技术服务。
2025-01-06Sungrow Power's subsidiary Sungrow New Energy and Huadian New Energy Group jointly established Guangxi Gongcheng Huadian Sungrow New Energy Co., Ltd., with registered capital of 10 million yuan.阳光电源旗下阳光新能源与华电新能源集团共同成立广西恭城华电阳光新能源有限公司，注册资本1000万元。
Profit distribution & dividend policy利润分配与分红政策
6 · 2024-04-22 → 2026-05-06
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Proposed and executed cash dividends and share increases; adopted a three-year shareholder dividend return plan.提议并执行了现金分红和送股；通过了未来三年股东分红回报规划。
2024-04-22Sungrow Power Supply proposed a 2023 annual profit distribution plan: RMB 9.65 cash dividend per 10 shares (total ~RMB 1.417 billion) and a 4-for-10 capital reserve share increase.阳光电源公布2023年度利润分配预案：每10股派发现金红利9.65元（合计约14.17亿元），每10股转增4股。
2024-06-05Sungrow Power Supply announces 2023 annual profit distribution: 0.965 yuan cash dividend per 10 shares (tax incl.) and 4 bonus shares per 10 shares from capital reserve, with record date June 12 and ex-date June 13.阳光电源公布2023年度权益分派：每10股派9.65元现金（含税）并转增4股，股权登记日6月12日，除权除息日6月13日。
2024-10-14Sungrow Power Supply's board approved a future three-year shareholder dividend return plan, committing to distribute no less than 10% of distributable profit in cash when conditions are met.阳光电源董事会制定未来三年股东分红回报规划，承诺在条件满足时以现金方式分配的利润不少于当年实现的可分配利润的10%。
2025-06-05Announced 2024 annual cash dividend of RMB 10.80 per 10 shares (ex-dividend date June 13, 2025).宣布2024年度每10股派发现金股利10.80元（除权除息日2025年6月13日）。
2025-10-13Sungrow announced a semi-annual cash dividend of 9.50 RMB per 10 shares (pre-tax), totaling approximately 1.95 billion RMB, with record date on October 17 and ex-dividend date on October 20, 2025.阳光电源宣布2025年半年度权益分派，每10股派发现金股利9.50元（含税），总计约19.5亿元，股权登记日为10月17日，除权除息日为10月20日。
2026-05-06Sungrow announced 2025 H2 cash dividend: 0.69 yuan per 10 shares (pre-tax), record date May 11.阳光电源公告2025年下半年度权益分派：每10股派发现金红利6.90元（含税），股权登记日5月11日。
Delayed raised-funds investment projects延迟的募集资金投资项目
1 · 2024-04-22
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Announced delay in some raised-funds investment projects from the 2021 private placement.宣布延迟2021年定向增发中的部分募集资金投资项目。
2024-04-22Sungrow Power Supply announced a delay in some of its raised-funds investment projects originally from the 2021 private placement.阳光电源公告部分募集资金投资项目延期，涉及2021年定增项目。
US & Europe large-scale storage market outlook美国与欧洲大型储能市场展望
8 · 2024-04-23 → 2026-04-01
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Positive outlook on US large-scale storage and fast-growing European large storage market.对美国大型储能市场和快速增长的欧洲大型储能市场持乐观态度。
2024-04-23Sungrow Power Supply stated in an investor call that the US large-scale storage market is performing well with strong demand, and Europe's large storage segment is growing very fast.阳光电源在投资者电话会中表示，美国大储市场表现良好、需求旺盛，欧洲大储增速非常快。
2024-11-01Sungrow stated that Q3 energy storage shipments began to ramp up, and full-year targets are likely to be met; global PV new installations expected to grow 15-20% in 2025, with inverter shipments in line with industry growth.阳光电源表示第三季度储能出货已开始上量，完成年初目标问题不大；预计2025年全球光伏新增装机增长15%-20%，逆变器出货与行业增速保持一致。
2025-08-25Sungrow disclosed that its H1 2025 energy storage shipments approached the full-year 2024 level, and expects H2 shipments to potentially exceed H1; it estimates global storage CAGR of 20% (conservative) to 30% (optimistic).阳光电源透露2025年上半年储能发货量已接近2024年全年水平，预计下半年发货量可能超过上半年；保守估计全球储能复合增长率20%，乐观估计30%。
2025-10-23Sungrow stated in an investor interaction that its 2025 energy storage shipment target is 40-50 GWh (not orders), and it remains confident in achieving this target.阳光电源在互动平台表示，2025年储能发货量（非订单量）目标为40-50GWh，对完成目标保持信心。
2025-10-29Sungrow disclosed in an investor call that its 9M 2025 energy storage shipments grew 70% YoY, with overseas shipment share rising from 63% to 83%, and it maintains its full-year storage shipment target of 40-50 GWh.阳光电源在投资者交流中披露，前三季度储能发货量同比增长70%，海外发货占比从63%提升至83%，维持全年储能发货量40-50GWh目标。
2025-10-29Sungrow stated in an investor call that it expects the global energy storage market to grow 40-50% in 2026, with China's new installations forecast at 150-200 GWh.阳光电源在投资者交流中预计2026年全球储能市场增速为40%-50%，国内新增装机预计达150-200GWh。
2026-01-30Sungrow expects its 2026 energy storage shipment growth rate to be no less than the global market growth rate, and continues to promote microgrid and source-grid-load-storage integrated solutions.阳光电源预计2026年储能出货量增速不低于全球增速，并持续推动微网及源网荷储一体化解决方案。
2026-04-01Sungrow holds investor conference call; targets 2026 global ESS shipments of over 60 GWh, expecting global market growth of 30%-50%.阳光电源召开投资者电话会；2026年储能出货目标超过60GWh，预计全球市场增速30%-50%。
Anli Stock energy storage station JV安利股份储能电站合资
1 · 2024-04-26
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Signed cooperation agreement with Anli Stock to jointly invest in a 13 MW/26 MWh energy storage station.与安利股份签署合作协议，共同投资建设13MW/26MWh储能电站。
2024-04-26Anli Stock and a Sungrow Power Supply subsidiary signed a cooperation agreement to jointly invest in a 13 MW/26 MWh energy storage station with a total investment of about RMB 20 million over 20 years.安利股份与阳光电源子公司签署合作协议，共同投资建设13MW/26MWh储能电站，20年总投资约2000万元。
Dassault Systèmes PLM partnership达索系统PLM合作伙伴关系
1 · 2024-04-29
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Selected Dassault Systèmes as long-term PLM platform partner for digital R&D transformation.选择达索系统作为长期PLM平台合作伙伴，推进数字化研发转型。
2024-04-29Sungrow Power Supply selected Dassault Systèmes as its long-term PLM platform partner to advance digital R&D transformation over three years.阳光电源选择达索系统作为PLM平台长期合作伙伴，推进未来三年研发数字化转型。
Executive resignations & board changes高管辞职与董事会变动
10 · 2024-04-30 → 2026-04-13
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Senior Vice President Li Shun resigned; other executive share sales and board reshuffles occurred.高级副总裁李顺辞职；发生了其他高管减持和董事会改组。
2024-04-30Sungrow Power Supply Senior Vice President Li Shun resigned due to personal reasons, effective immediately, and no longer holds any position in the company.阳光电源高级副总裁李顺因个人原因辞职，不再担任公司任何职务。
2024-05-06Senior Vice President Li Shun resigned due to personal reasons, no longer holding any position in the company.高级副总裁李顺因个人原因辞职，不再担任公司任何职务。
2025-05-28Non-independent director Zhao Wei resigned due to internal job adjustment, and was subsequently elected as a employee-representative director at the职工代表大会 (workers' congress) on May 22, 2025.非独立董事赵为因内部工作调整辞职，并于2025年5月22日职工代表大会上被选举为职工代表董事。
2025-07-11Four senior executives (Gu Yilei, Wu Jiamao, Deng Dejun, Wang Lei) plan to sell up to 424,900 shares (0.0207% of total) from Aug 4 to Nov 3, 2025 for personal funding needs.四位高管（顾亦磊、吴家貌、邓德军、汪雷）计划于2025年8月4日至11月3日减持合计不超过42.49万股（占总股本0.0207%），原因为个人资金需求。
2025-07-25Five senior executives (Zhao Wei, Chen Zhiqiang, Peng Chaocai, Lu Yang, Tian Shuai) plan to sell up to 329,700 shares (0.0161% of total) from Aug 18 to Nov 17, 2025 for personal funding needs.五位高管（赵为、陈志强、彭超才、陆阳、田帅）计划于2025年8月18日至11月17日减持合计不超过32.97万股（占总股本0.0161%），原因为个人资金需求。
2025-08-27Sungrow senior executive Peng Chaocai reduced his shareholding by 27,500 shares on August 26, 2025.阳光电源高管彭超才于2025年8月26日减持公司股份2.75万股。
2025-10-28Sungrow announced that Vice Chairman and Senior VP Gu Yilei, Director and Senior VP Wu Jiamao, VP Deng Dejun, and VP Wang Lei plan to reduce their holdings by a total of no more than 420,000 shares (0.0207% of total shares) from November 19, 2025 to February 18, 2026.阳光电源公告，副董事长顾亦磊、董事吴家貌、副总裁邓德军、副总裁汪雷计划在2025年11月19日至2026年2月18日期间合计减持不超过约42万股（占总股本0.0207%）。
2025-11-19Five senior executives of Sungrow Power (Zhao Wei, Chen Zhiqiang, Peng Chaocai, Lu Yang, Tian Shuai) completed their share reduction plan, selling a total of 329,700 shares (0.0161% of total shares).阳光电源五名高管（赵为、陈志强、彭超才、陆阳、田帅）完成减持计划，合计减持32.97万股（占公司总股本的0.0161%）。
2025-12-24Four directors and senior executives of Sungrow Power completed or prematurely terminated a share reduction plan, collectively reducing holdings by 423,700 shares (0.0206% of total shares).阳光电源四名董事及高管完成或提前终止减持计划，合计减持42.37万股（占总股本0.0206%）。
2026-04-13Sungrow holds a workers' congress and elects Chen Zhiqiang (Vice President) as employee representative director for the 6th board of directors.阳光电源召开职工代表大会，选举副总裁陈志强为第六届董事会职工代表董事。
25GWh energy storage equipment manufacturing project (Hefei)25GWh储能装备制造项目（合肥）
1 · 2024-05-07
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Phase 1 of 25GWh new-type energy storage equipment manufacturing project started construction in Hefei.25GWh新型储能装备制造项目一期在合肥开工建设。
2024-05-07Phase 1, Section 3 of the 25GWh new-type energy storage equipment manufacturing project started construction in Hefei; total building area ~97,000 sqm, planned completion by end of 2025.年产25GWh新型储能装备制造项目一期三标段在合肥开工，总建筑面积约9.7万平方米，计划2025年底竣工。
Sungrow Power Co., Ltd. subsidiary (AI)阳光电源股份有限公司子公司（人工智能）
1 · 2024-05-07
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Wholly owned subsidiary established for AI software development and technology platforms.成立全资子公司，专注于人工智能软件开发和技术平台。
2024-05-07Established a wholly-owned subsidiary 'Sungrow Power Co., Ltd.' with registered capital of 50 million yuan, covering AI software development and technology platforms.成立全资子公司'阳光电源有限公司'，注册资本5000万元，经营范围包括人工智能应用软件开发等。
Sungrow Hydrogen business阳光氢能业务
11 · 2024-05-10 → 2026-05-13
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Launched PEM electrolyzer, expanded manufacturing capacity to 3GW, and established multiple hydrogen subsidiaries.推出PEM电解槽，将制造产能扩大至3GW，并成立多家氢能子公司。
2024-05-10Subsidiary Sungrow Hydrogen globally launched a 300Nm³/h PEM electrolyzer at the Japan International Smart Energy Week in February; flexible hydrogen production system solution was showcased.子公司阳光氢能在日本国际智慧能源周全球首发300Nm³/h PEM电解槽，并展示柔性制氢系统解决方案。
2024-05-10Announced that the hydrogen Phase II automated and intelligent manufacturing plant is under construction, with capacity to be increased to 3GW in 2024.正在建设氢能二期自动化、智能化制造工厂，2024年产能提升至3GW。
2024-05-27In the 2023 annual and 2024 Q1 results briefing: hydrogen business ranked top 2 in domestic electrolyzer project signing volume in 2023; microinverter product under development, planned for launch within 2024.在2023年度及2024年第一季度业绩说明会上表示：氢能业务2023年制氢项目签单量国内前两名；微型逆变器产品在开发中，计划年内上市。
2024-11-20Sungrow Hydrogen (Baotou) Co., Ltd. was established, with a registered capital of 1 million yuan, wholly owned by Sungrow's subsidiary Sungrow Hydrogen Technology Co., Ltd., focusing on gas/liquid separation equipment and machinery parts.阳光氢能（包头）有限公司成立，注册资本100万元，由阳光电源旗下阳光氢能科技有限公司全资持股，经营范围包括气体/液体分离设备及机械零件加工等。
2024-11-22Sungrow Hydrogen (Ordos) Co., Ltd. was established, with a registered capital of 1 million yuan, wholly owned by Sungrow Hydrogen Technology Co., Ltd., covering hydrogen refueling and storage equipment sales.阳光氢能（鄂尔多斯市）有限公司成立，注册资本100万元，由阳光氢能科技有限公司全资持股，经营范围包括站用加氢及储氢设施销售等。
2024-12-09Sungrow Power's wholly-owned subsidiary Sungrow Hydrogen Technology Co., Ltd. established Sungrow Hydrogen (Ordos) Co., Ltd. with registered capital of RMB 1 million, focusing on gas/liquid separation equipment, new energy power equipment manufacturing, and metal processing.阳光电源全资子公司阳光氢能科技有限公司成立阳光氢能（鄂尔多斯市）有限公司，注册资本100万元，主营气体/液体分离及纯净设备制造、新能源原动设备制造、金属加工等。
2025-05-23Sungrow's subsidiary Fuyu County Chengyang Green Hydrogen Energy Co., Ltd. filed a green hydrogen-ammonia-methanol integrated project in Qiqihar, Heilongjiang, with total investment of RMB 4.267 billion, producing 300,000 tons of green methanol and 100,000 tons of green ammonia annually.阳光电源旗下富裕县成阳绿氢能源有限公司在黑龙江齐齐哈尔备案绿色氢氨醇一体化项目，总投资42.67亿元，年产30万吨绿色甲醇和10万吨绿氨。
2025-07-22Sungrow Hydrogen establishes a wholly-owned subsidiary, Sungrow Hydrogen (Lu'an) New Material Technology Co., Ltd., with registered capital of 1 million yuan, focusing on new material R&D and electronic specialty materials.阳光氢能成立全资子公司阳光氢能（六安）新材料科技有限公司，注册资本100万元，主营新材料研发及电子专用材料制造。
2025-08-21Sungrow established a European hydrogen technology laboratory in Munich, Germany, to advance water electrolysis and Power-to-X technologies, with four specialized labs and 3D printing, SEM, and high-precision PEM assembly capabilities.阳光电源在德国慕尼黑建立欧洲氢技术实验室，专注于水电解和Power-to-X技术，设有四个专业实验室，具备3D打印、扫描电镜和高精度PEM组装能力。
2026-01-08Sungrow subsidiary Sungrow Hydrogen Energy Technology Co., Ltd. wholly established Bengbu Yuqing New Material Technology Co., Ltd. with registered capital of 1 million RMB, focusing on new material R&D and electronic specialty materials manufacturing.阳光电源旗下阳光氢能科技有限公司全资成立蚌埠驭氢新材料科技有限公司，注册资本100万元，专注于新材料研发和电子专用材料制造。
2026-05-13Sungrow stated that its hydrogen business (electrolyzer) is expanding steadily with good orders.阳光电源表示氢能业务（制氢电解槽）稳定拓展中，订单良好。
Anhui wind/solar project wins安徽风光项目中标
1 · 2024-05-17
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Won 750MW of wind/solar projects in Anhui Province's competitive allocation.在安徽省竞争性配置中赢得750MW风光项目。
2024-05-17Won 750MW of wind/solar projects in Anhui Province's 2023 competitive allocation, ranking first among all enterprises with a total of 3.989GW selected.在安徽省2023年风、光项目建设规模竞争性配置中，以750MW中选容量排名第一，全省总规模3.989GW。
Dunhuang shared storage station project敦煌共享储能电站项目
1 · 2024-05-21
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Won 22.5MW/90MWh energy storage system procurement for Dunhuang shared storage station.中标敦煌共享储能电站22.5MW/90MWh储能系统采购。
2024-05-21Won the 22.5MW/90MWh energy storage system procurement for the Dunhuang 120MW/480MWh shared storage station project, with a bid price of 52.8189 million yuan (~0.587 yuan/Wh).中标敦煌120MW/480MWh共享储能电站一期22.5MW/90MWh储能系统采购，中标价5281.8896万元（约0.587元/Wh）。
Anhui Xuanyang Power Technology subsidiary安徽宣阳电力科技子公司
1 · 2024-05-22
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Wholly owned subsidiary established for power equipment manufacturing and battery sales.成立全资子公司，从事电力设备制造和电池销售。
2024-05-22Established wholly-owned subsidiary 'Anhui Xuanyang Power Technology Co., Ltd.' with registered capital of 10 million yuan, covering power equipment manufacturing and battery sales.成立全资子公司'安徽宣阳电源科技有限公司'，注册资本1000万元，经营范围包括电力设施器材制造和电池销售等。
Beijing Huiguang Yizhi Technology subsidiary北京慧光益智科技子公司
2 · 2024-05-23 → 2024-06-18
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Wholly owned subsidiary established for solar and wind power technical services.成立全资子公司，提供太阳能和风能技术服务。
2024-05-23Established 'Beijing Huiguang Yizhi Technology Co., Ltd.' (wholly owned by subsidiary Sungrow Smart O&M) with registered capital of 100,000 yuan, covering solar and wind power technical services.通过子公司阳光智维科技全资持股成立'北京汇光熠智科技有限公司'，注册资本10万元，经营范围包括太阳能和风力发电技术服务。
2024-06-18Sungrow Power Supply's subsidiary Sunshine Smart Maintenance Technology Co., Ltd. establishes Beijing Huiguang Yizhi Technology Co., Ltd., with registered capital of RMB 100,000, focusing on power generation technology and industrial internet data services.阳光电源旗下阳光智维科技股份有限公司全资设立北京汇光熠智科技有限公司，注册资本10万元，主营发电技术及工业互联网数据服务。
SG150CX-CN commercial inverter launchSG150CX-CN商用逆变器发布
1 · 2024-05-24
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Commercial launch of 150kW high-power commercial and industrial inverter with advanced features.商业化推出150kW高功率工商业逆变器，具备先进功能。
2024-05-24Commercial launch of SG150CX-CN 150kW high-power commercial and industrial inverter with intelligent arc detection 3.0 and self-developed SG ECOOLIN™ circulating air cooling system.全面开售SG150CX-CN 150kW大功率工商业逆变器，配备智能电弧检测3.0技术和自研SG ECOOLIN™循环风冷系统。
US tariff impact on PV products美国关税对光伏产品的影响
7 · 2024-05-27 → 2026-05-13
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US tariff increase mainly targets cells and modules, which Sungrow does not produce; limited impact.美国关税上调主要针对电池片和组件，阳光电源不生产这些产品，影响有限。
2024-05-27Stated that the US tariff increase on Chinese photovoltaic products mainly targets cells and modules, which the company does not produce; no current plans to set up factories in the US or Europe.表示美国对中国光伏产品增税主要针对电池片和组件，公司不涉及相关产品；目前暂无在美国和欧洲设厂规划。
2025-04-08Sungrow stated on the investor互动平台 that it has no factory in the US, and that the impact of US tariffs on its business is limited and controllable, with US revenue accounting for about 15% of total revenue in the first three quarters of 2024.阳光电源在投资者互动平台表示，公司在美国没有工厂，美国加征关税对公司影响有限且可控，2024年前三季度美国业务收入约占公司总营收的15%。
2025-04-27Sungrow stated in an investor relations record that its 2025 global energy storage shipment target is 40-50GWh, and that under extreme US tariff scenarios, the impact would be limited to 4-5GWh of annual shipments.阳光电源在投资者关系活动记录中表示，2025年储能全球出货目标为40-50GWh，美国高关税政策极限情况下影响全年发货4-5GWh，整体影响有限。
2025-08-26Sungrow stated that US energy storage subsidies will not decline for at least the next 8 years, and that PV and wind subsidies remain in place until at least 2028.阳光电源表示美国储能补贴至少未来8年不退坡，光伏和风电补贴至少持续到2028年。
2026-01-16Sungrow stated in an investor Q&A that it has no factory in Mexico, and its energy storage business gross margin remains stable; it will increase innovation to maintain competitiveness amid US IRA tariff policies.阳光电源在投资者问答中表示，在墨西哥没有工厂，储能业务毛利率整体稳定，将加大创新以应对美国IRA关税政策。
2026-03-06US tariff reductions on some products are expected to have a positive impact as certain tariffs are cancelled.随着部分关税的取消，公司出口到美国的产品关税税率会有所降低，预计有积极影响。
2026-05-13Sungrow disclosed that the current US tariff on Chinese energy storage products is 38.4%.阳光电源披露目前美国对中国储能产品关税为38.4%。
COSCO Shipping & Zhangjiagang Port logistics partnership中远海运与张家港港物流合作
1 · 2024-05-29
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Signed strategic cooperation agreement for a dedicated South America liner route.签署战略合作协议，开发南美精品航线。
2024-05-29Signed a strategic cooperation agreement with COSCO Shipping Specialized Carriers and Zhangjiagang Port Group to develop the 'Zhangjiagang-South America dual premium liner route'.与中远海运特运、张家港港务集团签署三方战略合作协议，打造'张家港-中南美双重精品班轮航线'。
Zhonghuan New Energy cooperation framework中环新能源合作框架
1 · 2024-05-29
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Signed framework agreement with Zhonghuan New Energy for project development and high-efficiency PV cells.与中环新能源签署合作框架协议，涉及项目开发和高效光伏电池。
2024-05-29Subsidiary Sungrow New Energy signed a cooperation framework agreement with Zhonghuan New Energy to develop no less than 500,000 kW of projects in Huainan and Tongcheng areas, and jointly develop new high-efficiency PV cells and modules.子公司阳光新能源与中环新能源订立合作框架协议，在淮南市及桐城市开发不低于500MW项目，共同开发新型高效光伏电池及组件。
Sungrow Japan guarantee阳光日本子公司担保
1 · 2024-06-06
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Provided guarantee for Sungrow Japan under a supply agreement with MITSUI.根据与三井物产的供应协议为阳光日本子公司提供担保。
2024-06-06Sungrow Power Supply provides a USD 1,602,436 guarantee for its wholly-owned subsidiary Sungrow Japan under a supply agreement with MITSUI CO., LTD, valid for 5 years.阳光电源为全资孙公司日本阳光与MITSUI CO., LTD签订的供货协议提供160.24万美元担保，期限5年。
Sungrow Bridge Ph.D. Talk brand event阳光桥博士谈品牌活动
1 · 2024-06-12
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Held technology and brand value exchange event in Shanghai.在上海举办技术与品牌价值交流活动。
2024-06-12Sungrow Power Supply holds 'Sungrow Bridge: Ph.D. Talk' technology and brand value exchange in Shanghai, highlighting cumulative global power electronics converter installations exceeding 515 GW by end of 2023.阳光电源在上海举办“在一起 更阳光Sungrow Bridge：Ph.D. Talk”技术暨品牌价值主张交流会，截至2023年底电力电子转换设备全球累计装机超515GW。
SNEC 2024 product & technology launchesSNEC 2024产品与技术发布
1 · 2024-06-14
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Announced burn test, ArcDefender white paper, high-power inverter, and Sunshine Cloud diagnosis function.宣布燃烧测试、ArcDefender白皮书、高功率逆变器和阳光云诊断功能。
2024-06-14At SNEC 2024, Sungrow Power Supply announces successful completion of the world's first large-scale battery storage system burn test, releases 'ArcDefender DC Arc-Fault Protection Technology White Paper', launches high-power commercial string inverter platform with DC fast shutdown, and unveils 'Sunshine Cloud' low-efficiency diagnosis function.在SNEC 2024上，阳光电源宣布完成全球首个储能系统大规模燃烧测试实证，发布《ArcDefender™储能直流拉弧技术白皮书》，推出大功率工商业组串式逆变器平台及直流侧快速关断方案，并发布“阳光云”低效诊断功能。
Tengzhou Binhu independent energy storage station滕州滨湖独立储能电站
1 · 2024-06-19
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Won bid for 100 MW/200 MWh phase 1 of independent energy storage station in Shandong.中标山东100MW/200MWh独立储能电站一期项目。
2024-06-19Sungrow Power Supply wins bid for 100 MW/200 MWh phase 1 of Tengzhou Binhu independent energy storage station in Shandong, using LFP batteries and outdoor container layout.阳光电源中标山东滕州滨湖独立储能电站一期100MW/200MWh储能系统成套设备采购，采用磷酸铁锂电池户外集装箱布置。
Brand value ranking品牌价值排名
1 · 2024-06-19
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Ranked 105th in China's 500 Most Valuable Brands with brand value of RMB 100.84 billion.位列中国500最具价值品牌第105位，品牌价值1008.4亿元。
2024-06-19Sungrow Power Supply is ranked 105th in the 2024 'China's 500 Most Valuable Brands' by World Brand Lab, with brand value of RMB 100.84 billion, rising for five consecutive years.阳光电源以1008.4亿元品牌价值位列2024年《中国500最具价值品牌》第105名，连续五年攀升。
Huangding Group C&I storage partnership皇鼎集团工商业储能合作
1 · 2024-06-21
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Signed strategic cooperation agreement for commercial & industrial energy storage with Huangding Group.与皇鼎集团签署工商业储能战略合作协议。
2024-06-21Sungrow Power Supply signs a commercial & industrial energy storage strategic cooperation agreement with Huangding Group in Hefei; Huangding Group will purchase Sungrow's PowerStack 200CS C&I storage cabinets for projects in South China.阳光电源与皇鼎集团在合肥签订工商业储能战略合作协议，皇鼎集团将采购阳光电源PowerStack 200CS工商业储能柜用于华南项目。
Grid-forming energy storage PCS certification构网型储能PCS认证
2 · 2024-06-25 → 2024-09-02
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World's first grid-forming technology standard certification for energy storage PCS.储能PCS获得全球首个构网型技术标准认证。
2024-06-25Sungrow Power Supply's grid-forming energy storage PCS passes the world's first grid-forming technology standard certification by China Quality Certification Centre (CQC), covering 30 comprehensive tests including power control, overload capability, inertia response, and black start.阳光电源构网型储能变流器一次性通过中国质量认证中心（CQC）全球首个构网技术标准认证，涵盖功率控制、过载能力、惯量响应、黑启动等30项测试。
2024-09-02Sungrow's centralized energy storage converter passed grid-forming performance tests, becoming the first company to pass both string and centralized converter grid-forming certification.阳光电源集中式储能变流器通过构网性能测试，成为行业首家组串式、集中式储能变流器均通过构网认证测试的企业。
Atlas Renewable Energy Chile BESS dealAtlas可再生能源智利储能交易
1 · 2024-06-28
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Signed supply agreement for 880 MWh BESS del Desierto project in Chile, Latin America's largest.签署智利880MWh BESS del Desierto项目供应协议，为拉丁美洲最大。
2024-06-28Sungrow Power Supply reaches a supply agreement with Atlas Renewable Energy, Latin America's largest independent power producer, to supply PowerTitan liquid-cooled energy storage systems for the 880 MWh BESS del Desierto project in Chile, the largest independent storage project in Latin America.阳光电源与拉美最大独立发电商Atlas Renewable Energy达成供货协议，为智利BESS del Desierto 880MWh独立储能项目提供PowerTitan液冷储能系统，该项目为拉美最大独立储能项目。
Shaoxing Yingchuang Medical user-side storage绍兴英创医疗用户侧储能
1 · 2024-07-01
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Recommended as winning candidate for 220kW/450kWh user-side energy storage system procurement.被推荐为220kW/450kWh用户侧储能系统采购的中标候选人。
2024-07-01Sungrow was recommended as the winning candidate for the 220kW/450kWh user-side energy storage system equipment procurement of Shaoxing Yingchuang Medical Technology Co., Ltd., with a maximum unit price limit of RMB 1/Wh.阳光电源被推荐为绍兴市盈创医疗科技有限公司220kW/450kWh用户侧储能项目储能系统设备采购的中标候选人，含税单价最高限价1元/Wh。
Sunny Carbon & STMicroelectronics decarbonization partnership阳光碳与意法半导体脱碳合作
1 · 2024-07-04
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Signed broad cooperation agreement for carbon reduction actions globally.签署广泛合作协议，在全球范围内开展碳减排行动。
2024-07-04Sungrow's subsidiary Sunny Carbon signed a broad cooperation agreement with STMicroelectronics to jointly promote carbon reduction actions for ST and its supply chain globally, including carbon footprint accounting, internal carbon pricing, deployment of products and solutions at ST facilities, and a potential pilot project.阳光电源旗下子公司阳光慧碳与意法半导体签署广泛合作协议，共同推动全球范围内ST及其供应链的减碳行动，包括碳足迹核算、内部碳定价、在ST设施部署产品和解决方案以及潜在试点项目。
Global PV inverter market leadership全球光伏逆变器市场领先地位
3 · 2024-07-10 → 2026-03-02
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Ranked No.1 in global PV inverter shipments for 2023 by S&P Global.被S&P Global评为2023年全球光伏逆变器出货量第一。
2024-07-10S&P Global ranked Sungrow No.1 in global PV inverter shipments for 2023, marking the second consecutive year at the top. Sungrow achieved 2000V inverter grid connection and expanded product portfolio for utility, commercial, and residential applications.标普全球将阳光电源评为2023年全球光伏逆变器出货量第一，连续两年位居榜首。阳光电源率先实现2000V逆变器并网发电，并扩展了适用于地面电站、工商业及户用场景的产品型谱。
2026-02-28According to Frost & Sullivan, Sungrow Power held approximately 25.2% global market share in PV inverters by shipments in 2024, ranking first worldwide.据弗若斯特沙利文数据，2024年阳光电源以约25.2%的全球光伏逆变器出货量市场份额稳居行业首位。
2026-03-02Achieved ~25.2% global market share in PV inverters in 2024 by shipments, ranking first in the industry per Frost & Sullivan data.根据弗若斯特沙利文数据，2024年阳光电源以约25.2%的全球市场份额稳居光伏逆变器行业首位。
Saudi ALGIHAZ 7.8 GWh energy storage project沙特ALGIHAZ 7.8GWh储能项目
5 · 2024-07-16 → 2025-05-26
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Signed world's largest energy storage project with Saudi ALGIHAZ, deploying PowerTitan 2.0 systems.与沙特ALGIHAZ签署全球最大储能项目，部署PowerTitan 2.0系统。
2024-07-16Sungrow signed a contract with Saudi ALGIHAZ for the world's largest energy storage project with a capacity of 7.8 GWh, located in Najran, Madaya, and Khamis Mushait. Delivery starts in 2024, full grid connection in 2025. Sungrow will deploy over 1,500 PowerTitan 2.0 liquid-cooled energy storage systems.阳光电源与沙特ALGIHAZ签约全球最大储能项目，容量7.8GWh，位于沙特Najran、Madaya和Khamis Mushait地区。2024年开始交付，2025年全容量并网。阳光电源将部署1500余套PowerTitan 2.0液冷储能系统。
2024-08-26Sungrow Power signed a 7.8GWh energy storage project with Algihaz in the Middle East, the largest in the region; also signed 880MWh with Atlas in Latin America, 800MWh with Engie in Europe, and 640MWh with SSE in the UK.阳光电源与Algihaz签约7.8GWh中东最大储能项目；与Atlas签约880MWh拉美最大独立储能电站；与Engie签约800MWh欧洲最大储能电站之一；与SSE签约640MWh英国最大电池储能项目。
2025-02-28Sungrow Power's grid-forming energy storage technology, simulating synchronous generators for inertia and frequency support, was applied in the world's largest storage project—Saudi Arabia's 7.8 GWh station. Its AC storage technology (integrated DC/AC) saves 30% floor space, and its factory produces one 5 MWh storage cabinet every 7 minutes with 100% automation on key processes.阳光电源的构网型储能技术（模拟同步发电机提供惯量和频率支撑）已应用于全球最大储能项目——沙特7.8GWh电站；其AC存储技术（交直流一体）节省30%占地面积，工厂每7分钟出厂一台5MWh储能柜，关键工艺自动化率100%。
2025-04-01Sungrow signed a 4.4GWh energy storage cooperation agreement with UK-based FidraEnergy in November 2024, and a 7.8GWh project with Saudi ALGIHAZ in July 2024, the world's largest energy storage project at the time.2024年11月，阳光电源与英国FidraEnergy签署4.4GWh储能合作协议；2024年7月，与沙特ALGIHAZ签约当时全球最大储能项目，容量达7.8GWh。
2025-05-26Sungrow's Saudi 7.8 GWh energy storage project uses CALB (China Aviation Lithium Battery) as the exclusive supplier of 314 Ah battery cells for its PowerTitan 2.0 system, highlighting a shift from its previous 'no-cell' strategy and potential supply chain realignment.阳光电源沙特7.8GWh储能项目采用中创新航独家供应314Ah电芯用于PowerTitan 2.0系统，显示其从'无电芯'战略转向供应链合纵连横。
Patent filings专利申请
1 · 2024-08-01
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Filed patent for auxiliary power supply and power converter.申请了辅助电源和功率变换器专利。
2024-08-01Sungrow Power filed a patent for an auxiliary power supply and power converter, aiming to reduce complexity and cost.阳光电源申请一项名为“一种辅助电源及功率变换器”的专利，旨在降低复杂度和成本。
Registered capital increase注册资本增加
1 · 2024-08-12
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Increased registered capital from approximately 1.485 billion yuan to 2.073 billion yuan.注册资本从约14.85亿元增加至20.73亿元。
2024-08-12Sungrow Power increased its registered capital from approximately 1.485 billion yuan to 2.073 billion yuan.阳光电源注册资本由约14.85亿人民币增至20.73亿人民币。
Idle raised funds wealth management闲置募集资金理财
2 · 2024-08-23 → 2025-02-11
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Board approved using up to 650 million yuan of idle raised funds for wealth management products.董事会批准使用不超过6.5亿元闲置募集资金购买理财产品。
2024-08-23Sungrow Power's board approved continuing to use up to 650 million yuan of temporarily idle raised funds to purchase wealth management products.阳光电源董事会同意继续使用不超过6.5亿元暂时闲置募集资金购买理财产品。
2025-02-11Sungrow Power used 100 million yuan of idle raised funds to purchase a principal-protected structured deposit from China Everbright Bank (product period: 2025-02-10 to 2025-03-10, expected annualized yield 1%/2.25%/2.35%), within the approved 650 million yuan limit.阳光电源使用1亿元闲置募集资金购买光大银行保本浮动收益型结构性存款（产品期限2025-02-10至2025-03-10，预计年化收益率1%/2.25%/2.35%），在批准的6.5亿元额度内。
H1 2024 business segment results2024年上半年业务板块业绩
3 · 2024-08-23 → 2024-08-23
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Energy storage revenue declined first time; PV inverter and new energy investment revenue grew.储能收入首次下降；光伏逆变器和新能源投资收入增长。
2024-08-23Sungrow Power's H1 2024 energy storage system revenue was 7.816 billion yuan, down 8.30% YoY, the first decline; gross margin rose 12.61 ppt to 40.08%.阳光电源2024年上半年储能系统营收78.16亿元，同比下降8.30%，首次下滑；毛利率提升12.61个百分点至40.08%。
2024-08-23Sungrow Power's H1 2024 PV inverter revenue was 13.093 billion yuan, up 12.63% YoY; gross margin was 37.62%, up 1.7 ppt.阳光电源2024年上半年光伏逆变器营收130.93亿元，同比增长12.63%；毛利率37.62%，同比提升1.7个百分点。
2024-08-23Sungrow Power's H1 2024 new energy investment development revenue was 8.955 billion yuan, up 18.45% YoY; gross margin was 16.88%, up 5.38 ppt.阳光电源2024年上半年新能源投资开发业务营收89.55亿元，同比增长18.45%；毛利率16.88%，同比提升5.38个百分点。
R&D investment & centers研发投入与中心
1 · 2024-08-24
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R&D expenses grew 42% YoY in H1 2024; six R&D centers globally.2024年上半年研发费用同比增长42%；全球设有六个研发中心。
2024-08-24Sungrow Power disclosed that H1 2024 R&D expenses were 1.48 billion yuan, up 42% YoY; it has six R&D centers in Hefei, Shanghai, Nanjing, Shenzhen, Germany, and the Netherlands.阳光电源披露2024年上半年研发费用14.8亿元，同比增长42%；在合肥、上海、南京、深圳、德国、荷兰设立六大研发中心。
PowerTitan 2.0 & PowerStack 200CS global launchPowerTitan 2.0与PowerStack 200CS全球发布
2 · 2024-08-26 → 2025-04-25
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Launched 10MWh AC-DC integrated full liquid-cooled energy storage system and commercial liquid-cooled system.推出10MWh交直流一体化全液冷储能系统和工商业液冷系统。
2024-08-26Sungrow Power launched the 10MWh AC-DC integrated full liquid-cooled energy storage system PowerTitan 2.0 and the commercial liquid-cooled system PowerStack 200CS globally.阳光电源全球首发10MWh“交直流一体”全液冷储能系统PowerTitan 2.0及工商业液冷储能系统PowerStack 200CS。
2025-04-25Sungrow disclosed that in 2024 it globally launched the 10MWh 'AC-DC integrated' full liquid-cooled storage system PowerTitan 2.0 and the commercial & industrial liquid-cooled storage system PowerStack 200CS. It was the first in the industry to pass grid-forming certification tests for both string and centralized PCS.阳光电源披露2024年全球首发10MWh“交直流一体”全液冷储能系统PowerTitan 2.0及工商业液冷储能系统PowerStack 200CS，并成为行业内首家组串式、集中式储能变流器均通过构网认证测试的企业。
Sungrow (Xi'an) subsidiary阳光（西安）子公司
1 · 2024-09-04
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Wholly owned subsidiary established for new energy equipment manufacturing and digital technology services.成立全资子公司，从事新能源设备制造和数字技术服务。
2024-09-04Sungrow established a wholly-owned subsidiary, Sungrow (Xi'an) Co., Ltd., with registered capital of 10 million CNY, focusing on new energy equipment manufacturing and digital technology services.阳光电源成立全资子公司阳光电源（西安）有限公司，注册资本1000万元，主营新能源原动设备制造和数字技术服务。
Sungrow (Inner Mongolia) subsidiary阳光（内蒙古）子公司
1 · 2024-09-10
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Wholly owned subsidiary established for new energy equipment sales and energy storage services.成立全资子公司，从事新能源设备销售和储能服务。
2024-09-10Sungrow established a wholly-owned subsidiary, Sungrow (Inner Mongolia) Co., Ltd., with registered capital of 1 million CNY, focusing on new energy equipment sales and energy storage services.阳光电源成立全资子公司阳光电源（内蒙古）有限公司，注册资本100万元，主营新能源原动设备销售和储能技术服务。
H3C Group strategic partnership新华三集团战略合作
1 · 2024-09-23
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Signed strategic cooperation agreement for smart green energy and zero-carbon digital solutions.签署战略合作协议，共同打造智慧绿色能源和零碳社会数字解决方案。
2024-09-23Sungrow signed a strategic cooperation agreement with H3C Group (a subsidiary of Unisplendour) to collaborate on smart green energy and zero-carbon society digital solutions.阳光电源与紫光股份旗下新华三集团签署战略合作协议，围绕智慧绿色能源、零碳社会等领域展开合作。
Taizhou Guangping Rishengjing fund investment台州广平日盛景基金投资
1 · 2024-09-24
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Invested in a fund targeting distributed residential PV projects.投资于专注于分布式户用光伏项目的基金。
2024-09-24Sungrow's subsidiary Sungrow New Energy invested 1.5 million CNY (14.985% stake) in Taizhou Guangping Rishengjing New Energy Partnership, a fund targeting distributed residential PV projects.阳光电源控股子公司阳光新能源出资150万元（占比14.985%）参与设立泰州光坪日昇晶新能源合伙企业，投资分布式户用光伏项目。
PowerStack 800CS commercial storage launchPowerStack 800CS工商业储能发布
2 · 2024-09-25 → 2024-10-09
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Launched commercial liquid-cooled energy storage system for large industrial scenarios.为大型工业场景推出工商业液冷储能系统。
2024-09-25Sungrow launched the PowerStack 800CS commercial liquid-cooled energy storage system for 10/20kV large industrial scenarios, featuring 836kWh capacity, AC storage architecture, and grid-forming technology.阳光电源发布面向10/20kV大工业场景的工商业液冷储能系统PowerStack 800CS，采用836kWh容量、AC存储架构和干细胞电网技术。
2024-10-09Sungrow Power Supply launched the PowerStack 800CS liquid-cooled energy storage system for large industrial applications at the SNEC 9th International Energy Storage and Battery Technology and Equipment Exhibition.阳光电源在SNEC第九届国际储能和电池技术及装备展览会上推出面向大工业场景的PowerStack 800CS液冷储能系统新品。
Major global energy storage contracts (2024)重大全球储能合同（2024年）
17 · 2024-09-29 → 2026-05-21
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Signed multiple large-scale energy storage contracts in Middle East, Latin America, Europe, and UK.在中东、拉丁美洲、欧洲和英国签署了多个大型储能合同。
2024-09-29Sungrow signed an agreement with MSR Green Energy SDN BHD for a 100MW/400MWh (final 517MWh) battery storage project in Sabah, Malaysia, valued at approximately 645 million MYR, to be completed by June 30, 2025.阳光电源与MSR Green Energy签署协议，在马来西亚沙巴推进100MW/400MWh（最终517MWh）电池储能项目，合同价值约6.45亿令吉，计划2025年6月30日完工。
2024-11-18Sungrow signed a 4.4 GWh energy storage cooperation agreement with UK's Fidra Energy to build two independent storage stations: 3.3 GWh Thorpe Marsh and 1.1 GWh West Burton C, deploying 880 PowerTitan 2.0 liquid-cooled systems, starting construction in 2025.阳光电源与英国Fidra Energy签署4.4GWh储能合作协议，建设3.3GWh Thorpe Marsh和1.1GWh West Burton C两座独立储能电站，部署880套PowerTitan 2.0液冷储能系统，2025年启动建设。
2024-12-06Sungrow Power signed a 1.5 GWh battery energy storage system (BESS) agreement with Philippine-listed Citicore Renewable Energy Corporation (CREC), the largest energy storage supply deal in Southeast Asia to date. Sungrow will supply PowerTitan 2.0 systems and engineering design services for integration with CREC's 302 MWp solar projects.阳光电源与菲律宾上市企业Citicore Renewable Energy Corporation（CREC）签署1.5GWh电池储能系统协议，为迄今东南亚最大储能供应协议。阳光电源将提供PowerTitan 2.0储能系统及工程设计服务，集成至CREC的302MWp光伏项目。
2025-03-03Sungrow Japan signed an agreement with Sun Village Co., Ltd. to supply and sell grid-scale energy storage systems totaling about 500 MWh (PowerTitan and PowerStack series) for battery storage power plants across Japan.阳光电源日本公司与Sun Village Co., Ltd.签署协议，将在日本各地电池储能电站部署约500 MWh的PowerTitan和PowerStack系列储能系统。
2025-03-17Sungrow partnered with Renewable Power Capital (RPC) to supply PowerTitan 2.0 liquid-cooled storage systems for the Kalanti 50MW/100MWh BESS project in Finland, construction starting March 2025.阳光电源与Renewable Power Capital合作，为芬兰Kalanti 50MW/100MWh储能项目提供PowerTitan 2.0液冷储能系统，2025年3月开工。
2025-05-22Sungrow signed an agreement with Spanish renewable developer Zelestra to supply PowerTitan 2.0 liquid-cooled BESS and PCS for a ~1 GWh BESS project in Chile, part of the Aurora hybrid project (also including a 220 MW DC PV plant using Sungrow 1+X modular inverters). Delivery starts Q4 2025.阳光电源与西班牙可再生能源开发商Zelestra签约，为智利Aurora混合项目（含220MW光伏电站）提供约1GWh的PowerTitan 2.0液冷储能系统及PCS，2025年Q4开始交付。
2025-07-29Sungrow signs agreement with Sunotec to deploy 2.4 GWh of energy storage systems (PowerTitan 2.0) in Bulgaria and other European markets, marking its first entry into Bulgaria.阳光电源与Sunotec签署协议，在保加利亚及其他欧洲市场部署2.4GWh储能系统（PowerTitan 2.0），首次进入保加利亚市场。
2025-08-11Sungrow signed a 1 GWh battery energy storage system deal with Bulgarian solar company SunterraRE for three of its largest PV parks, following a 2.4 GWh order with SUNOTEC in late July.阳光电源与保加利亚太阳能公司SunterraRE签署1GWh电池储能系统协议，用于其三个最大的光伏园区；此前7月底与SUNOTEC签署2.4GWh储能订单。
2025-11-26Sungrow Power won a 2GWh energy storage project bid for the Dune Plus project in Antofagasta, Chile, developed by Metropolitan Power Generation Company, with a total investment of USD 629 million for 509MW/2036MWh storage capacity.阳光电源中标智利安托法加斯塔大区Dune Plus储能项目2GWh储能订单，项目总投资6.29亿美元，新增509MW/2036MWh储能容量。
2025-12-18Sungrow Power will supply 1.6GW/3.3GWh of PowerTitan 2.0 energy storage systems to the Thorpe Marsh project in the UK, and also provide technical support for Fidra Energy's West Burton C project.阳光电源将向英国Thorpe Marsh项目供应1.6GW/3.3GWh的PowerTitan 2.0储能系统，并为Fidra Energy的West Burton C项目提供技术支持。
2026-01-14Sungrow signed an agreement with the Egyptian government and Norway's Scatec worth over USD 1.8 billion to supply battery energy storage systems for the Minya EnergyValley project, and build a 10 GWh/year BESS manufacturing factory in Egypt's TEDA industrial zone, planned to start production in April 2027.阳光电源与埃及政府及挪威Scatec签署超18亿美元协议，为明亚EnergyValley项目提供电池储能系统，并在埃及TEDA工业区建设年产能10GWh的储能系统制造工厂，计划2027年4月投产。
2026-01-20Sungrow won the bid for the Gezhouba Electric Power South Africa Red Sand 153MW/612MWh battery energy storage project, with a bid amount of 528.0275 million RMB (0.863 RMB/Wh), supplying 37 sets of ST20060kWh-5000kW-MV-4h systems.阳光电源中标葛洲坝电力南非红沙153MW/612MWh电池储能项目，投标金额5.28亿元（0.863元/Wh），供应37套ST20060kWh-5000kW-MV-4h储能系统。
2026-03-09Signed a framework agreement with Swiss BESS developer Delta Capacity to supply 1 GWh of PowerTitan 2.0 energy storage systems for European grid-side projects, delivery in 2026.与瑞士BESS开发商Delta Capacity签署1GWh的PowerTitan 2.0储能系统框架协议，用于欧洲电网侧项目，2026年内分批交付。
2026-03-18Signed energy storage system cooperation agreement with Romanian energy solutions leader ENEVO Group for total capacity of 1 GWh (first phase 440 MWh, delivery by Dec 2026; second phase 560 MWh).与罗马尼亚能源解决方案龙头企业ENEVO集团签署储能系统合作协议，容量总规模达1GWh（第一阶段440MWh，2026年12月前交付；第二阶段560MWh）。
2026-03-29Signed BESS supply agreement with Japanese renewable energy company Blue Sky Energy for 100 MWh of storage systems to support 100 storage stations in Japan.与日本可再生能源企业Blue Sky Energy签订100MWh电池储能系统采购协议，助力其在日本全国推进100座储能电站开发建设。
2026-03-29Signed agreement with South African energy group Herholdt's Group to deploy 1155 MWh of C&I energy storage systems across multiple regions in South Africa, phased deployment.与南非知名能源集团Herholdt's Group签署协议，部署总规模达1155MWh的工商业储能系统，分阶段落地，覆盖南非多区域多场景。
2026-05-21Sungrow signed an agreement with Masdar to supply 7.5 GWh PowerTitan 3.0 liquid-cooled storage systems and 2.6 GW inverters for the UAE RTC 1 Plant (North) project, the world's largest 684Ah laminated cell application project, expected grid connection in 2027.阳光电源与Masdar签约，为阿联酋RTC 1 Plant（North）项目供应7.5GWh PowerTitan 3.0液冷储能系统及2.6GW逆变器，该项目为全球最大规模684Ah叠片电芯应用项目，预计2027年并网。
2023 restricted stock incentive plan2023年限制性股票激励计划
3 · 2024-09-30 → 2026-04-01
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Granted restricted shares to employees under the 2023 incentive plan.根据2023年激励计划向员工授予限制性股票。
2024-09-30Sungrow's board approved granting 1.575 million restricted shares at 30.18 CNY/share to 73 incentive recipients under the 2023 restricted stock incentive plan.阳光电源董事会审议通过向73名激励对象授予预留部分限制性股票157.5万股，授予价格为30.18元/股。
2025-05-13Sungrow completed the registration and listing of 3.42 million restricted shares from the first vesting period of its 2023 incentive plan, involving 488 employees, representing 0.16% of total equity.阳光电源完成2023年限制性股票激励计划首次授予部分第一个归属期342万股（占总股本0.16%）的登记上市，涉及488人。
2026-04-01Sungrow board approves vesting of restricted stock under 2022, 2023, and 2025 incentive plans: total shares to vest are 201.565k (2022 plan), 338.975k (2023 plan), and 222.25k (2025 plan).阳光电源董事会批准2022年、2023年、2025年限制性股票激励计划归属：归属数量分别为201.565万股（2022年计划）、338.975万股（2023年计划）、222.25万股（2025年计划）。
MSCI ESG rating upgradeMSCI ESG评级上调
2 · 2024-10-09 → 2026-03-30
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MSCI ESG rating upgraded to AA; committed to carbon neutrality by 2028 and net-zero by 2048.MSCI ESG评级上调至AA；承诺2028年实现运营碳中和，2048年实现供应链净零排放。
2024-10-09Sungrow Power Supply's MSCI ESG rating was upgraded to AA, reaching global leading level. The company committed to achieving operational carbon neutrality by 2028, supply chain carbon neutrality by 2038, and supply chain net-zero emissions by 2048.阳光电源MSCI ESG评级提升至AA级，达到全球领先水平。公司承诺2028年实现运营碳中和，2038年实现供应链碳中和，2048年实现供应链净零排放。
2026-03-30Received AAA ESG rating from Huazheng Index (highest level) as of January 31, 2026, maintaining the top rating from the previous period.华证指数ESG评级获AAA级（最高等级），截至2026年1月31日，维持上一期最高评级。
Anhui Suyang New Energy JV安徽苏阳新能源合资公司
1 · 2024-10-09
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Jointly established with Zhongsu Capital for new energy technology.与中苏资本共同成立，专注于新能源技术。
2024-10-09Sungrow Power Supply and Zhongsu Capital jointly established Anhui Suyang New Energy Technology Co., Ltd. with registered capital of RMB 50 million, held 60% by Zhongsu Capital and 40% by Sungrow's subsidiary Sungrow New Energy Development.阳光电源与中肃资本共同成立安徽肃阳新能源科技有限公司，注册资本5000万元，中肃资本持股60%，阳光新能源持股40%。
GDR issuance & Frankfurt listingGDR发行与法兰克福上市
6 · 2024-10-14 → 2025-12-01
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Planned to issue GDRs and list on Frankfurt Stock Exchange to raise funds for expansion.计划发行GDR并在法兰克福证券交易所上市，为扩张筹集资金。
2024-10-14Sungrow Power Supply announced plans to issue GDRs and list on the Frankfurt Stock Exchange in Germany, raising up to RMB 4.883 billion (not exceeding 10% of total share capital) for a 20 GWh advanced energy storage manufacturing project, overseas inverter and storage product expansion, digital upgrade, and Nanjing R&D center.阳光电源公告拟发行GDR并在德国法兰克福证券交易所上市，募集资金不超过48.83亿元（不超过总股本10%），用于年产20GWh先进储能装备制造项目、海外逆变设备及储能产品扩建项目、数字化提升项目和南京研发中心建设项目。
2024-10-30Shenzhen Stock Exchange accepted Sungrow Power Supply's application for issuing GDRs to add domestic A-share base shares, as confirmed by notice document Shenzhen Shang Shen [2024] No. 282.深交所受理阳光电源发行GDR新增境内基础A股股份的申请文件，出具深证上审〔2024〕282号通知。
2024-11-01Sungrow announced a fundraising plan: 19.91 billion yuan for a 20 GWh advanced energy storage manufacturing project, 17.6 billion yuan for overseas inverter and storage expansion, 6.3 billion yuan for digital upgrade, and 496 million yuan for a Nanjing R&D center.阳光电源披露募资计划：19.91亿元用于年产20GWh先进储能装备制造项目，17.6亿元用于海外逆变设备及储能产品扩建项目，6.3亿元用于数字化提升项目，4.96亿元用于南京研发中心建设项目。
2024-11-08Sungrow disclosed plans to issue GDRs to raise 4.88 billion yuan (post-conversion), with 41% for 20 GWh advanced energy storage manufacturing, 36% for overseas inverter and storage expansion, 13% for digital upgrade, and 10% for Nanjing R&D center.阳光电源计划发行GDR募资48.8亿元人民币（折算后），其中41%用于年产20GWh先进储能装备制造项目，36%用于海外逆变设备及储能产品扩建项目，13%用于数字化提升项目，10%用于南京研发中心建设项目。
2024-12-04Sungrow Power announced a revised plan to issue GDRs on the Frankfurt Stock Exchange, raising up to RMB 4.822 billion (approx. 207 million new A-shares, ≤10% of existing total). Proceeds to fund: 20 GWh advanced energy storage manufacturing (RMB 1.936bn), overseas inverter & storage expansion (RMB 1.76bn), digital upgrade (RMB 0.63bn), and Nanjing R&D center (RMB 0.496bn).阳光电源披露修订后的GDR发行预案，拟在法兰克福证券交易所上市，募资不超过48.22亿元（新增A股不超过2.07亿股，即总股本10%以内），用于年产20GWh先进储能装备制造（19.36亿元）、海外逆变及储能扩建（17.6亿元）、数字化提升（6.3亿元）及南京研发中心（4.96亿元）。
2025-12-01Sungrow Power plans to issue GDRs and list on the Frankfurt Stock Exchange.阳光电源计划发行GDR并在法兰克福交易所上市。
Q3 2024 report delay2024年第三季度报告延期
1 · 2024-10-14
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Postponed release of 2024 third-quarter report due to GDR issuance and work arrangements.因GDR发行和工作安排，推迟发布2024年第三季度报告。
2024-10-14Sungrow Power Supply postponed the release of its 2024 third-quarter report from October 30 to October 31, 2024, due to the GDR issuance and quarterly report work arrangements.阳光电源因境外发行GDR项目和第三季度报告相关工作安排，将2024年第三季度报告披露时间从10月30日延期至10月31日。
External guarantees (Jiangsu Yuyi Yangxuan)对外担保（江苏宇熠阳轩）
1 · 2024-10-15
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Disclosed external guarantees covering three companies.披露了对三家公司的对外担保。
2024-10-15Sungrow Power Supply disclosed two external guarantees on October 13, covering three companies including Jiangsu Yuyi Yangxuan Energy Technology Co., Ltd.阳光电源10月13日披露2笔对外担保，被担保公司达3家，包括江苏宇颐阳轩能源科技有限公司。
Taihe Intelligent acquisition泰禾智能收购
7 · 2024-10-18 → 2025-06-16
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Acquired controlling stake in Taihe Intelligent, an AI vision inspection equipment company.收购泰禾智能控股权，该公司是一家AI视觉检测设备企业。
2024-10-18Sungrow Power Supply's subsidiary Sungrow New Energy Development signed an agreement to acquire 10.24% (18,773,220 shares) of Hefei Taihe Intelligent Technology Group (603656.SH) at RMB 24/share, total RMB 451 million, becoming the controlling shareholder. The actual controller will become Cao Renxian. Future additional share purchases are planned.阳光电源控股子公司阳光新能源签署协议，以24元/股收购泰禾智能（603656.SH）10.24%股份（1877.32万股），总价款4.51亿元，成为控股股东，实际控制人将变更为曹仁贤，并计划后续增持。
2024-11-01Sungrow's subsidiary Sungrow New Energy plans to acquire Taihe Intelligent (603656.SH), a company focused on AI vision-based intelligent equipment and services.阳光电源控股子公司阳光新能源计划收购以AI视觉识别的成套智能化装备和服务为主营业务的泰禾智能（603656.SH）。
2024-11-26Sungrow's subsidiary Sungrow New Energy completed the acquisition of 10.24% of Taihe Intelligent (603656.SH) shares (18.7732 million shares) at 24 yuan per share, totaling 451 million yuan, becoming the controlling shareholder.阳光电源控股子公司阳光新能源完成收购泰禾智能（603656.SH）10.24%股份（1877.32万股），转让价格为24元/股，总价款4.51亿元，成为控股股东。
2024-12-02Sungrow Power's subsidiary Sungrow New Energy acquired 10.24% stake (18.7732 million shares) in Taihe Intelligent (603656.SH), an AI vision inspection equipment leader, and completed share transfer registration on Nov 25, 2024. After board reshuffle, Sungrow New Energy becomes controlling shareholder, with Cao Renxian as actual controller.阳光电源控股子公司阳光新能源收购泰禾智能（603656.SH）10.24%股份（1877.32万股），于2024年11月25日完成过户登记。董事会改组后，阳光新能源成为控股股东，曹仁贤成为实际控制人。
2024-12-18Sungrow Power announced that its subsidiary Sungrow New Energy has obtained control of Taihe Intelligent (603656.SH) after the board and supervisory board reshuffle at the extraordinary general meeting on Dec 18, 2024. Sungrow New Energy holds 10.24% shares and 13.36% voting rights.阳光电源公告，控股子公司阳光新能源在泰禾智能（603656.SH）2024年12月18日临时股东大会完成董事会、监事会改组后，取得泰禾智能控制权。阳光新能源持有10.24%股份及13.36%表决权。
2025-02-20Sungrow Power explained its subsidiary Sungrow New Energy's acquisition of Taihe Intelligent (603656) control is for business needs, leveraging Taihe's spectral detection, AI algorithms, and industrial robot automation to improve production efficiency, yield, and automation.阳光电源解释其子公司阳光新能源收购泰禾智能控制权是基于业务需要，利用泰禾的光谱检测、智能算法和工业机器人自动化技术提升生产效率、良率和自动化水平。
2025-06-16Taihe Intelligent announced plan to acquire 100% of Anhui Sunshine Youchu New Energy (a subsidiary of Sungrow's unit Sunshine New Energy) for up to RMB 50 million. Youchu operates commercial/industrial user-side storage projects.泰禾智能公告拟以不超过5000万元收购阳光新能源子公司安徽阳光优储新能源100%股权，阳光优储主营工商业用户侧储能项目。
Xingtai industrial park investment邢台产业园投资
1 · 2024-10-21
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Planned to invest no less than RMB 5 billion to build an industrial park in Xingtai, Hebei.计划投资不低于50亿元，在河北邢台建设产业园。
2024-10-21Sungrow Power Supply's subsidiary Sungrow New Energy Development plans to invest no less than RMB 5 billion to build a Sungrow Power Supply industrial park in Xingtai, Hebei, including energy storage systems, silicon-carbon anode materials, sodium-ion batteries, and power battery recycling projects.阳光电源子公司阳光新能源计划在河北邢台投资不低于50亿元建设阳光电源产业园区，包含储能系统、硅碳负极材料、钠离子电池及动力电池回收等新能源产业项目。
All-Energy Australia 2024 product launch2024年澳大利亚全能源展产品发布
1 · 2024-10-25
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Launched new-generation liquid-cooled storage systems and residential solutions in Melbourne.在墨尔本推出新一代液冷储能系统和户用解决方案。
2024-10-25Sungrow Power Supply launched new-generation liquid-cooled energy storage systems PowerTitan and PowerStack, as well as new residential hybrid inverters and battery storage solutions, at the All-Energy Australia 2024 exhibition in Melbourne.阳光电源在澳大利亚墨尔本All-Energy Australia 2024展会上推出新一代液冷储能系统PowerTitan和PowerStack，以及全新户用混合逆变器和电池储能解决方案。
Sungrow (Zhuhai Hengqin) subsidiary阳光（珠海横琴）子公司
1 · 2024-10-29
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Wholly owned subsidiary established for battery sales, AI software, and IoT technology.成立全资子公司，从事电池销售、人工智能软件和物联网技术。
2024-10-29Sungrow Power Supply established a wholly-owned subsidiary, Sungrow Power Supply (Zhuhai Hengqin) Co., Ltd., with registered capital of RMB 10 million, covering battery sales, AI software development, IoT technology, and smart power distribution equipment.阳光电源成立全资子公司阳光电源（珠海横琴）有限公司，注册资本1000万元，经营范围包括电池销售、人工智能应用软件开发、物联网技术研发、智能输配电及控制设备销售等。
Product launches & technology releases产品发布与技术发布
19 · 2024-11-06 → 2026-06-25
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New product launches including inverters, storage platforms, chargers, and power solutions.新产品发布，包括逆变器、储能平台、充电桩和电源解决方案。
2024-11-06Sungrow's charging division VP Jiang Tianyang discussed the company's charging pile product line (AC and DC chargers) and strategy at a charging and swapping expo in Shenzhen.阳光电源充电事业部副总裁江添洋在深圳充换电展览会上阐述了公司充电桩产品体系（交流桩和直流桩）及战略布局。
2025-06-05Launched PowerTitan 3.0 smart storage platform globally; first unit rolled off Hefei factory. Three versions: Flex, Class, Plus (Plus: 12.5 MWh per 30-ft cabinet, energy density >500 kWh/m²). Uses 684 Ah large-format cells.全球发布PowerTitan 3.0智储平台，首台真机在合肥工厂下线。推出Flex、Class、Plus三个版本（Plus版30尺柜容量12.5MWh，能量密度超500kWh/㎡），搭载684Ah大容量电芯。
2025-06-12At SNEC 2025, launched two new inverters: world's first 400kW+ string inverter SG465HX and world's first split modular inverter 1+X 2.0 (800 kW per unit, up to 9.6 MW in parallel). Based on 5A integration concept.在SNEC 2025上发布两款逆变器新品：全球首款400kW+组串式逆变器SG465HX和全球首款分体式模块化逆变器1+X 2.0（单机800kW，最多12台并联至9.6MW），基于5A融合理念。
2025-07-02Sungrow launches PowerTitan 3.0 AC smart storage platform, adopting 684Ah laminated-cell chemistry, arguing lamination is optimal for large-capacity scenarios.阳光电源发布PowerTitan 3.0 AC智储平台，搭载684Ah叠片电芯，认为叠片工艺是大容量场景下的最优选择。
2025-07-17Sungrow unveils world's first 400kW+ string inverter SG465HX and world's first split-modular inverter 1+X 2.0 at SNEC Shanghai, featuring DC-side multi-protection and full-scenario lightning protection.阳光电源在上海SNEC展发布全球首款400kW+组串式逆变器SG465HX和全球首款分体式模块化逆变器1+X 2.0，搭载直流侧多重保护及全工况防雷技术。
2025-08-25Sungrow launched the world's first 400kW+ string inverter SG465HX and the world's first split modular inverter 1+X 2.0 in H1 2025.阳光电源2025年上半年发布了全球首款功率达400kW+的组串式逆变器SG465HX和全球首款分体式模块化逆变器1+X 2.0。
2025-10-23Sungrow launched the ChargeStack 1000, the world's first 3.5MW ultra-fast charging system compliant with European standards, featuring a '1+X' scalable architecture from 1MW to 3.5MW.阳光电源发布全球首个符合欧标规范的3.5MW超级充电系统ChargeStack 1000，采用“1+X”可扩展架构，支持从1MW扩展至3.5MW。
2025-10-28Sungrow released the PowerStack 510CS series, a new commercial and industrial energy storage product with a single-cabinet capacity of 514kWh, available in 2-hour and 4-hour versions.阳光电源发布PowerStack 510CS系列工商业储能新品，单柜容量514kWh，推出2小时和4小时两个版本。
2026-03-30Launched PowerTitan 3.0 smart storage platform globally in 2025, featuring full-stack intelligent system matrix; AI algorithms improve battery health prediction and extend cycle life by 15%.2025年全球首发PowerTitan 3.0智储平台，搭载全栈智能系统矩阵，AI算法实现电池健康度精准预测，循环寿命提升15%。
2026-04-03Sungrow launches the '1+X' modular PCS (Power Conversion System) at the 14th Energy Storage International Summit, covering 3.45MW-12.5MW power range, compatible with lithium/flow/flywheel/supercapacitor/sodium batteries.阳光电源在第十四届储能国际峰会上发布“1+X”模块化PCS产品，功率覆盖3.45MW-12.5MW，兼容锂/液流/飞轮/超容/钠电池。
2026-04-03Sungroup unveils the VITA all-scenario energy storage converter platform and new-generation '1+X' modular PCS at the 14th Zhongguancun Energy Storage Expo, based on 'three-electric integration' (power electronics, electrochemistry, grid support).阳光电源在第十四届中关村储能展发布VITA全场景储能变流平台及新一代“1+X”模块化PCS，基于“三电融合”（电力电子、电化学、电网支撑）技术基座。
2026-06-03Launched PowerMatrix inverter, a new category integrating PV inversion, energy storage conversion, energy routing, and grid-forming control; claims BOS cost reduction >10% and LCOE reduction >2%.发布PowerMatrix矩阵逆变器，集成光伏逆变、储能变流、能量路由与构网控制；宣称BOS成本降低10%以上，LCOE降低2%以上。
2026-06-16Launched SG100/110CX-P3-CN series dual-model commercial & industrial PV inverters, tailored to China's two mainstream grid-connection accounting rules.推出SG100/110CX-P3-CN系列双生工商业光伏逆变器，针对国内两套主流并网核算规则进行场景化分层选型。
2026-06-23At Intersolar Europe 2026, launched PowerHarbor all-in-one residential energy storage system: 10-30kW power, up to 120kWh capacity, 1.6C PV charging rate, -20°C to 50°C operation.在2026欧洲国际太阳能展上发布PowerHarbor户用一体化储能系统：功率10-30kW，容量最高120kWh，光伏充电倍率1.6C，工作温度-20℃至50℃。
2026-06-24At Intersolar Europe 2026, launched SG125CX-P3 next-gen commercial & industrial inverter: 98.5% efficiency, AFCI 3.0+ with 600m detection, module-level fault location reducing maintenance time by up to 95%.在2026欧洲国际太阳能展上发布SG125CX-P3新一代工商业逆变器：效率98.5%，AFCI 3.0+检测距离600米，组件级故障定位可缩短运维时长最高95%。
2026-06-24At Intersolar Europe 2026, launched PowerStack 255CS commercial & industrial on/off-grid PV-storage solution, with DC-coupled and AC-coupled architectures, deployed in South Australia and Cambodia.在2026欧洲国际太阳能展上发布PowerStack 255CS工商业并离网光储方案，支持直流耦合与交流耦合架构，已在南澳大利亚和柬埔寨落地。
2026-06-24At SNEC 2026, debuted SST+ green power direct supply solution for AI data centers, featuring medium-voltage AC to 800V DC conversion, aligning with NVIDIA's 800VDC architecture.在SNEC 2026上首次推出面向AI数据中心的SST+绿电直供一体化解决方案，实现中压交流直降800V直流，契合英伟达800VDC架构。
2026-06-25At Intersolar Europe 2026, launched SG510HX string inverter with medium-voltage turnkey solution: 511.5kW output, 28% higher power density, <5ms inertia support, reducing grid-connection time by 15 days per 100MW project.在2026欧洲国际太阳能展上发布SG510HX组串式逆变器搭配中压交钥匙方案：输出511.5kW，功率密度提升28%，惯量支撑<5ms，每100MW项目并网时间提前15天。
2026-06-25At Intersolar Europe 2026, launched iNexGrid full-scenario microgrid solution and MegaFlex 'factory-level' green hydrogen production and storage solution.在2026欧洲国际太阳能展上发布iNexGrid全场景微电网解决方案和MegaFlex“即产即用工厂级”绿氢制储解决方案。
Forbes China Top 50 Innovative Companies福布斯中国创新企业50强
1 · 2024-11-13
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Listed on Forbes China Top 50 Innovative Companies for the fourth consecutive year.连续第四年入选福布斯中国创新企业50强。
2024-11-13Sungrow was listed on the 2024 Forbes China Top 50 Innovative Companies for the fourth consecutive year.阳光电源连续第四年入选2024福布斯中国创新力企业50强榜单。
Archimedes Semiconductor investment阿基米德半导体投资
2 · 2024-11-25 → 2026-04-02
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Invested in Archimedes Semiconductor (Hefei) Co., Ltd.投资了阿基米德半导体（合肥）有限公司。
2024-11-25Sungrow invested in Archimedes Semiconductor (Hefei) Co., Ltd., along with other parties, increasing the registered capital from 23.3455 million yuan to 30.6085 million yuan.阳光电源等入股阿基米德半导体（合肥）有限公司，注册资本由约2334.55万元增至约3060.85万元。
2026-04-02Sungrow becomes a shareholder of Wuhan Archimedes Semiconductor Co., Ltd., a company established in Jan 2026, involved in IC design and semiconductor device manufacturing.阳光电源成为武汉阿基米德半导体有限公司股东，该公司成立于2026年1月，业务涉及集成电路设计和半导体分立器件制造。
Guangxi Donglan Xueyu Sunshine Energy JV广西东兰雪域阳光能源合资公司
1 · 2024-12-03
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Jointly established with a SPIC member for new energy technology and EV charging.与国电投成员共同成立，专注于新能源技术和电动汽车充电。
2024-12-03Sungrow New Energy (49%) and Guangxi Xueyu Huanan Energy (51%, a SPIC member) jointly established Guangxi Donglan Xueyu Sunshine Energy Co., Ltd. with registered capital of RMB 20 million, focusing on new energy technology R&D, energy storage services, and EV charging infrastructure.阳光新能源（49%）与广西雪域华南能源有限公司（51%，国家电投成员）共同成立广西东兰雪域阳光能源有限公司，注册资本2000万元，主营新兴能源技术研发、储能技术服务及充电桩销售等。
Tibet Ngari off-grid energy storage station award西藏阿里离网储能电站获奖
1 · 2024-12-12
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60MW/120MWh off-grid storage station at 4,600m+ altitude won Sci-Tech Practice Case award.海拔4600米以上的60MW/120MWh离网储能电站荣获科技实践案例奖。
2024-12-12Sungrow Power's 60MW/120MWh energy storage station in Ngari, Tibet (altitude 4,600m+) won the 'Annual Sci-Tech Practice Case' award at the 2024 Sci-Tech Innovation Conference. The station is the world's first 100MWh-level pure off-grid 'source-grid-load-storage' integrated project, achieving large-scale off-grid black-start via Sungrow's grid-forming technology.阳光电源西藏阿里60MW/120MWh储能电站在2024科创大会上荣获“年度科创实践案例”奖。该电站是全球首个海拔4600米以上百MWh级“源网荷储”一体化纯离网项目，通过阳光电源构网型储能技术实现大规模离网黑启动。
Fushan Gonghe source-grid-load-storage project bid富山共和源网荷储项目中标
1 · 2024-12-21
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Pre-won bid for 100MW/400MWh energy storage system procurement for SPIC project in Qinghai.预中标青海国电投项目100MW/400MWh储能系统采购。
2024-12-21Sungrow Power pre-won bid A (100MW/400MWh) of the Fushan Gonghe 1GW source-grid-load-storage project's 200MW/800MWh energy storage system procurement, at RMB 0.512/Wh. The project is owned by SPIC's Huanghe Upstream Hydropower Development Co., Ltd. in Qinghai.阳光电源预中标伏山共和100万千瓦源网荷储项目配套储能系统采购A包（100MW/400MWh），报价0.512元/Wh。项目业主为国家电投黄河上游水电开发有限责任公司，位于青海省。
Huadian wind farm pitch system retrofit华电风电场变桨系统改造
1 · 2024-12-21
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Won bid for pitch system retrofit equipment for Huadian wind farms.中标华电风电场变桨系统改造设备。
2024-12-21Sungrow Power won the bid for pitch system retrofit equipment for Huadian's Mayitan, Heiyazi, and Tieling wind farms, as announced in the public tender result (CHDTDZ118/17-QT-279) by Guodian Nanjing Automation Co., Ltd.阳光电源中标华电麻黄滩风电场、黑崖子风电场、铁岭风电场变桨系统改造设备打捆招标项目（招标编号CHDTDZ118/17-QT-279），招标人为国电南京自动化股份有限公司。
Export tax rebate rate impact出口退税率影响
2 · 2024-12-24 → 2026-01-30
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Export tax rebate adjustment affects signed but undelivered energy storage orders; impact manageable.出口退税率调整影响已签未交付的储能订单；影响可控。
2024-12-24Sungrow Power disclosed in investor interaction that the export tax rebate rate adjustment mainly affects signed but undelivered energy storage orders, reducing customs export price by 4% with a smaller impact on gross margin. Future new orders will strive to pass through the impact.阳光电源在投资者互动平台表示，出口退税率调整主要影响储能业务已签未发货订单，海关出口价格降低4%，但对毛利率影响更小，后续新签订单将努力传导影响。
2026-01-30Sungrow stated that PV inverters are not on the export tax rebate adjustment list and will not be affected; its energy storage products are system integrations, and the impact from battery export tax rebate cuts is expected to be controllable.阳光电源表示，光伏逆变器不在出口退税调整清单内，不受影响；储能产品为系统集成，电池出口退税率下调的影响预计可控。
Financial results & disclosures财务业绩与披露
13 · 2024-12-24 → 2026-05-14
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Revenue, margin, and shipment disclosures, including annual and quarterly reports.收入、利润率和出货量披露，包括年度和季度报告。
2024-12-24Sungrow Power disclosed that its energy storage business revenue was approximately RMB 7.8 billion in H1 2024. The hydrogen business is in early investment stage with small revenue. The company has deployed PEM and ALK electrolysis technologies, while monitoring AEM technology.阳光电源披露2024年上半年储能业务营收约78亿元，氢能业务处于前期投入阶段、营收占比较小。公司已布局PEM和ALK电解水制氢技术，对AEM技术保持关注。
2025-08-25Sungrow's energy storage system revenue reached RMB 17.803 billion in H1 2025, up 127.78% YoY, surpassing PV inverter revenue for the first time to become the largest revenue contributor (40.89% of total).阳光电源2025年上半年储能系统收入178.03亿元，同比增长127.78%，首次超越光伏逆变器成为第一大收入来源，占比40.89%。
2025-08-25Sungrow's overseas revenue in H1 2025 reached RMB 25.379 billion, up 88.32% YoY, accounting for 58.30% of total revenue, exceeding domestic revenue for the first time.阳光电源2025年上半年海外收入253.79亿元，同比增长88.32%，占总营收58.30%，首次超过中国大陆收入。
2025-10-23Sungrow disclosed that its US business revenue accounts for approximately 15-20% of total revenue, and it is closely monitoring US tariff policy developments.阳光电源披露其美国业务收入约占总营收的15-20%，并表示将密切关注美国关税政策落地情况。
2025-12-01Sungrow Power's energy storage business revenue reached 17.803 billion yuan in H1 2025, surpassing PV inverters for the first time as the largest revenue source; gross margin rose to 39.9%; overseas revenue share exceeded 58.4% for the first time.2025年上半年阳光电源储能业务收入达178.03亿元，首次超过光伏逆变器成为第一大收入来源，毛利率提升至39.9%；海外收入占比首超国内达58.4%。
2026-01-16Sungrow disclosed that its Americas region accounts for approximately 20%-30% of energy storage shipments, based on historical data.阳光电源披露，根据往期数据，美洲大区储能发货量占比约20%-30%。
2026-04-01Sungrow's 2025 annual report shows energy storage system revenue reached 37.287 billion yuan (+49.39% YoY), surpassing PV inverters for the first time to become the largest revenue segment (41.81% of total). Global ESS shipments were 43 GWh.阳光电源2025年年报显示，储能系统业务收入达372.87亿元（同比+49.39%），首次超越光伏逆变器成为第一大营收板块（占总营收41.81%）。全球储能系统发货量为43GWh。
2026-04-01Sungrow's 2025 annual report: PV inverter global shipments 143 GW; wind converter global shipments 63 GW, maintaining No.1 globally; NEV electronic control products cumulative deliveries exceeded 3.5 million units.阳光电源2025年年报：光伏逆变器全球发货量143GW；风电变流器全球发货63GW，保持全球第一；新能源汽车电控产品累计交付超350万台。
2026-04-01Sungrow's 2025 annual report: gross margin for energy storage systems was 36.49% (-0.2pp YoY); PV inverter gross margin 34.66% (+3.76pp YoY). Q4 2025 overall gross margin fell to 22.95% (from ~36% in Q3), due to low-margin project deliveries and storage margin decline.阳光电源2025年年报：储能系统毛利率36.49%（同比-0.2个百分点）；光伏逆变器毛利率34.66%（同比+3.76个百分点）。2025年第四季度综合毛利率降至22.95%（三季度约36%），因低毛利项目交付及储能毛利率下滑。
2026-04-27Sungrow states in Q1 2026 earnings call that Q1 ESS revenue was ~8.7 billion yuan; excluding the impact of a large Saudi project in Q1 2025, ESS revenue actually grew ~60% YoY. Q1 ESS gross margin was ~30%, improving from Q4 2025's 24%.阳光电源在2026年一季度电话会中表示，一季度储能收入约87亿元，剔除2025年一季度沙特大项目影响后同比实际增长约60%；储能毛利率约30%，较2025年四季度的24%有所改善。
2026-05-13Sungrow confirmed that Q1 2026 energy storage shipments were flat YoY.阳光电源确认2026年一季度储能出货量同比持平。
2026-05-13Sungrow disclosed that prepayments surged 201% to 4 billion yuan, mainly for raw material procurement to lock supply.阳光电源披露预付款项激增201%至40亿元，主要为预付材料款以锁定供货量。
2026-05-14Sungrow disclosed Q1 2026 energy storage gross margin was about 30%, up QoQ due to higher-margin European revenue mix.阳光电源披露2026年一季度储能业务毛利率约为30%，环比提升主要得益于高毛利区域（如欧洲）收入占比提升。
Liansheng New Energy rooftop PV cooperation联盛新能源屋顶光伏合作
1 · 2025-01-02
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Cooperated with Liansheng New Energy to help over 100 enterprises complete rooftop PV projects.与联盛新能源合作，帮助超过100家企业完成屋顶光伏项目。
2025-01-02Sungrow Power and Liansheng New Energy have cooperated to help over 100 enterprises complete rooftop PV projects, using Sungrow inverters such as SG33CX-P2-CN and SG110CX-P2-CN with 98.6% efficiency.阳光电源与联盛新能源合作，已助力超过100家企业完成屋顶光伏项目，使用SG33CX-P2-CN、SG110CX-P2-CN等逆变器，效率达98.6%。
CNNC 2025-2026 energy storage centralized procurement中核2025-2026年储能集中采购
1 · 2025-01-13
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Shortlisted as candidate for CNNC's 12 GWh energy storage centralized procurement.入围中核12GWh储能集中采购候选人名单。
2025-01-13Sungrow Power was shortlisted as a candidate for CNNC Xinhui and Xinhua Power Generation's 2025-2026 energy storage centralized procurement, with total capacity of 12 GWh (2h/4h).阳光电源入围中核汇能及新华发电2025-2026年度储能集中采购候选人，总容量12GWh（2h/4h方案）。
ACWA Power solar PV asset operation JVACWA Power光伏资产运营合资
1 · 2025-01-14
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Signed agreement with Saudi ACWA Power to jointly operate 132 MW solar PV assets in Guangdong.与沙特ACWA Power签署协议，共同运营广东132MW光伏资产。
2025-01-14Sungrow Power's subsidiary signed an agreement with Saudi ACWA Power to jointly operate 132 MW solar PV assets in Guangdong, consisting of three stations, part of a $312 million investment.阳光电源子公司与沙特ACWA Power签署协议，在广东省共同投运132兆瓦太阳能光伏资产（三个场站），总投资额3.12亿美元。
Hangzhou Lancarbon Technology subsidiary杭州蓝碳科技子公司
1 · 2025-01-15
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Wholly owned subsidiary established for ecological restoration, solar power, and IoT services.成立全资子公司，从事生态修复、太阳能技术和物联网服务。
2025-01-15Sungrow Power indirectly wholly-owned established Hangzhou Lancarbon Technology Co., Ltd., with registered capital of 25 million yuan, covering ecological restoration, solar power technology, and IoT services.阳光电源间接全资成立杭州澜碳科技有限公司，注册资本2500万元，业务涵盖生态恢复、太阳能发电技术及物联网应用服务。
Sungrow (Ningxia) subsidiary阳光（宁夏）子公司
1 · 2025-01-23
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Wholly owned subsidiary established for battery sales and energy storage technology services.成立全资子公司，从事电池销售和储能技术服务。
2025-01-23Sungrow Power wholly-owned established Sungrow Power (Ningxia) Co., Ltd., with registered capital of 1 million yuan, covering battery sales, energy storage technology services, and smart power distribution.阳光电源全资成立阳光电源（宁夏）有限公司，注册资本100万元，业务涵盖电池销售、储能技术服务及智能输配电。
Anhui Fengyang New Material Technology subsidiary安徽凤阳新材料科技子公司
1 · 2025-02-06
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Wholly owned subsidiary established for new material R&D and high-performance fiber composites.成立全资子公司，从事新材料研发和高性能纤维复合材料。
2025-02-06Sungrow Power invested 10 million yuan to establish Anhui Fengyang New Material Technology Co., Ltd., wholly owned by its subsidiary Sungrow Floating PV Technology Co., Ltd., focusing on new material R&D, metal products, and high-performance fiber composite materials.阳光电源投资1000万元成立安徽沣阳新材料科技有限公司，由其子公司阳光水面光伏科技股份有限公司全资持股，专注于新材料研发、金属制品及高性能纤维复合材料。
Junwei Electronics supply chain entry均威电子进入供应链
1 · 2025-02-19
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Junwei Electronics disclosed its products entered Sungrow's supply chain for PV and storage.均威电子披露其产品进入阳光电源光伏和储能供应链。
2025-02-19Junwei Electronics (301458.SZ) disclosed that its products have entered the supply chain of Sungrow Power in the photovoltaic and energy storage field.钧崴电子披露其产品已进入阳光电源在光伏储能领域的供应链体系。
Smart grid & virtual power plant technology智能电网与虚拟电厂技术
1 · 2025-02-20
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PV inverters and storage systems applied in smart grids, microgrids, and virtual power plants via PowMart platform.光伏逆变器和储能系统通过PowMart平台应用于智能电网、微电网和虚拟电厂。
2025-02-20Sungrow Power stated its PV inverters and energy storage systems are applied in smart grids, microgrids, and grid-forming technologies; its subsidiary Sungrow New Energy developed the PowMart integrated energy service platform for virtual power plants, deployed in multiple provinces.阳光电源表示其光伏逆变器和储能系统应用于智能电网、微电网和构网型技术；子公司阳光新能源开发了PowMart综合能源服务平台用于虚拟电厂，已在多省落地。
Corporate governance & anti-corruption公司治理与反腐败
1 · 2025-02-20
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Maintains zero-tolerance policy on corruption with independent audit department.对腐败保持零容忍政策，设有独立审计部门。
2025-02-20Sungrow Power confirmed it maintains a zero-tolerance policy on corruption, with an independent audit and supervision department reporting quarterly to the audit committee under the chairman's guidance.阳光电源确认对腐败保持零容忍态度，设立独立的审计督查部，每季度向审计委员会汇报，由董事长指导。
Global expansion & service network全球扩张与服务网络
1 · 2025-02-21
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Over 20 overseas branches, 5 global service regions, products sold to over 170 countries.拥有20多个海外分支机构、5个全球服务区域，产品销往170多个国家。
2025-02-21Sungrow Power disclosed it has over 20 overseas branches, 5 global service regions, over 490 service outlets, and hundreds of channel partners, with products sold to over 170 countries and regions.阳光电源披露已在海外建设超20家分支机构、全球五大服务区域、超490家服务网点和数百家渠道合作伙伴，产品已销往全球170多个国家和地区。
Solid State Transformer (SST) technology R&D固态变压器技术研发
1 · 2025-02-21
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Conducted in-depth research on SST technology for new energy applications.对应用于新能源领域的固态变压器技术进行了深入研究。
2025-02-21Sungrow Power confirmed it does not have a power router product but has conducted in-depth research on SST (Solid State Transformer) technology for new energy applications, including developing the world's first 35kV direct-connected PV inverter and a multi-port SST energy router for solar-storage-charging applications.阳光电源确认目前没有电能路由器产品，但已对SST（固态变压器）技术在新能源应用方面做了深入研究，包括开发了全球首台35kV直挂光伏逆变器和多端口SST能量路由器。
2025 restricted stock incentive plan2025年限制性股票激励计划
4 · 2025-02-25 → 2026-03-06
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Approved and granted restricted shares to up to 874 core employees.批准并向最多874名核心员工授予限制性股票。
2025-02-25Sungrow Power announced a 2025 restricted stock incentive plan: 11.35 million shares (0.55% of total shares), grant price 35.27 yuan/share, covering up to 874 core employees, with a validity period of up to 60 months.阳光电源公布2025年限制性股票激励计划：拟授予1135万股（占总股本0.55%），授予价格35.27元/股，激励对象不超过874名核心员工，有效期最长60个月。
2025-02-25Sungrow Power's board approved a resolution to convene the first extraordinary general meeting of 2025 on March 18, 2025, to vote on the restricted stock incentive plan and related proposals.阳光电源董事会审议通过召开2025年第一次临时股东大会的议案，会议定于2025年3月18日召开，审议限制性股票激励计划及相关议案。
2025-03-18Sungrow's board approved the first grant of 9.11 million restricted shares (0.44% of total shares) at 35.27 yuan/share to up to 874 core and key employees, with a 60-month vesting period.阳光电源董事会批准首次授予911万股限制性股票（占总股本0.44%），授予价35.27元/股，激励对象不超过874人，归属期最长60个月。
2026-03-06Board meeting approved the grant of reserved restricted shares under the 2025 restricted stock incentive plan.董事会审议通过《关于向2025年限制性股票激励计划激励对象授予预留限制性股票的议案》。
Zhao Wei technology strategy speech赵伟技术战略演讲
1 · 2025-02-27
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Senior VP Zhao Wei outlined ten technology focuses for solar-storage integration at CPIA seminar.高级副总裁赵伟在CPIA研讨会上阐述了光储融合的十大技术重点。
2025-02-27Sungrow Power Senior Vice President Zhao Wei spoke at the CPIA seminar, outlining ten technology focuses for solar-storage integration (high density/efficiency, grid-forming, green hydrogen-ammonia-methanol) and stating Sungrow does not participate in price wars, aiming to unlock solar-storage potential through innovation.阳光电源高级副总裁赵为在中国光伏行业协会研讨会上提出光储融合十大技术焦点（高密高效率、灵活构网、绿色氢氨醇），并表示阳光电源不参与价格战，目标是通过技术创新释放光储潜力。
Large-scale combustion safety test大规模燃烧安全测试
2 · 2025-02-28 → 2025-04-01
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Conducted industry's first large-scale combustion non-propagation test, validating fire resistance.进行了行业首次大规模燃烧不蔓延测试，验证了防火性能。
2025-02-28Sungrow Power disclosed it spent 30 million yuan on the industry's first large-scale combustion non-propagation test, using 1385°C fire on storage cabinets for 24 hours; adjacent cabinet cell temperature remained at 40°C, validating fire resistance and safety standards.阳光电源披露斥资3000万元进行了行业首个大规模燃烧无蔓延测试，用1385度高温火烧储能柜一天一夜，相邻柜电芯温度仅40度，验证了耐火隔热能力和安全标准。
2025-04-01At the 15th China International Clean Energy Expo, Sungrow showcased its full-scenario PV and storage solutions, including SG150CX distributed inverter, SG320HX-20 high-power string inverter, '1+X' modular inverter, PowerTitan 2.0 large-scale storage system, and PowerStack 255CS commercial & industrial storage product. It also conducted the industry's largest and most stringent storage site-level combustion test on PowerTitan 2.0.在第十五届中国国际清洁能源博览会上，阳光电源展示了光伏储能全场景解决方案，包括SG150CX分布式逆变器、SG320HX-20大功率组串式逆变器、“1+X”模块化逆变器、PowerTitan 2.0大型储能系统及PowerStack 255CS工商业储能产品，并对PowerTitan 2.0进行了全球最大、行业最严苛的储能场站级燃烧测试。
Project wins & bids项目中标与投标
15 · 2025-03-04 → 2026-06-16
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Winning bids and project awards for energy storage, PV, and other systems.储能、光伏及其他系统的中标和项目授予。
2025-03-04Sungrow was selected as the lead developer for one of three projects (total 900 MW) in the second batch of the Ordos City desertification control and wind-solar integration project in Inner Mongolia.阳光电源被选为内蒙古鄂尔多斯市防沙治沙和风电光伏一体化工程第二批三个项目（合计900MW）之一的牵头开发企业。
2025-04-16Sungrow was named the top candidate in all three bidding sections for the 500MW/1000MWh energy storage system equipment framework procurement by Guodian Xuji (Beijing) New Energy Technology Co., covering projects in Zhaoqing, Guangdong (100MW/200MWh) and Pingding County, Shanxi (400MW/800MWh).阳光电源被列为国电许继（北京）新能源科技有限公司500MW/1000MWh储能电站系统设备框架招标三个标段的第一中标候选人，涉及广东肇庆100MW/200MWh和山西平定县400MW/800MWh项目。
2025-07-23Sungrow wins a 553 million yuan bid for the Egypt Abydos Phase II solar-storage EPC project's energy storage system, supplied to China Power Engineering Consulting Group Southwest Electric Power Design Institute.阳光电源以5.53亿元中标埃及阿比杜斯二期光储EPC项目储能系统采购，招标方为中国电力工程顾问集团西南电力设计院。
2025-07-30Sungrow wins 100MW/200MWh independent storage project in Shanxi Jinzhong with a bid price of 0.372 yuan/Wh for LFP battery system (including cells, BMS, PCS, container, fire protection, thermal management).阳光电源以0.372元/Wh报价中标山西晋中市元工100MW/200MWh独立储能项目，提供磷酸铁锂储能系统（含电池、BMS、PCS、集装箱、消防、温控）。
2025-08-08Sungrow won the bid for the first batch of DC energy storage cabin procurement project of PowerChina PowerChina Equipment Company in July 2025.阳光电源中标中国电建电建装备公司2025年7月第一批直流储能舱采购项目。
2025-10-23Sungrow won the bid for the photovoltaic and energy storage equipment procurement project of PowerChina Hydropower Development Company, with a bid price of 21.4225 million RMB (0.669 RMB/Wh).阳光电源中标中国电建电建水电开发公司光伏储能设备采购项目，投标报价2142.25万元（折合0.669元/Wh）。
2025-11-03Sungrow Power won the bid for the 10MW/20MWh energy storage system project of Jining Conch Wind-Storage Project, with a bid amount of RMB 13 million (RMB 0.65/Wh).阳光电源中标济宁海螺风储项目10MW/20MWh储能系统设备，中标金额1300万元（折合单价0.65元/Wh）。
2025-11-07Sungrow Power was listed as the first candidate for the energy storage equipment procurement project of Tianchang Gongfa Supply Chain Co., Ltd., with a bid of RMB 24.2 million (RMB 0.605/Wh).阳光电源成为天长市工发供应链有限公司储能设备采购项目第一中标候选人，投标报价2420万元（折合单价0.605元/Wh）。
2026-03-11Won bid for Fujian Zhongmin Offshore Wind Power's converter localization retrofit project for Putian Pinghai Bay offshore wind farm, winning amount RMB 4.55 million.中标福建中闽海上风电有限公司莆田平海湾海上风电场一期项目1台风机变流器国产化改造项目，中标金额455万元。
2026-04-08Sungrow wins a bid from Fujian Datang International New Energy for wind farm energy management platform and high-voltage ride-through retrofit, with a winning amount of 16.20 million yuan.阳光电源中标福建大唐国际新能源风电场能量管理平台及风机高穿改造项目，中标金额1620.00万元。
2026-05-18Sungrow won a bid for a grid-connected test device procurement from Guangdong Weiheng Power Transmission and Transformation Engineering Co., Ltd., with a winning amount of 8.346 million yuan.阳光电源中标广东威恒输变电工程有限公司成套并网测试装置固定资产采购项目，中标金额834.60万元。
2026-06-03Won bid for Tower Energy Hunan data center energy storage project, amount 2.9574 million yuan.中标铁塔能源湖南分公司数据中心储能项目，金额295.74万元。
2026-06-05Won bid for Datang Renewable Energy Test Research Institute's onshore wind turbine control integrated system hardware and software, amount 3.45 million yuan.中标大唐可再生能源试验研究院陆上风电机组控制一体化系统软硬件物资，金额345万元。
2026-06-11Won bid for China Energy Engineering Group Hunan Huadian's Huaneng Beidi Group rooftop distributed PV project (Phase I) energy storage system, amount 3.9208 million yuan.中标中国能建湖南火电华能贝迪集团屋顶分布式光伏项目（一期）储能系统，金额392.08万元。
2026-06-16Won bid for Yangtze Three Gorges Green Technology Development's Lu'an water-energy coupling Phase I project equipment procurement, amount 7.668 million yuan.中标长江三峡绿洲技术发展有限公司六安水能耦合一期项目设备物资采购，金额766.80万元。
Logger1000 data collector RED DA certificationLogger1000数据采集器RED DA认证
1 · 2025-03-05
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Obtained first RED DA cybersecurity certification from TÜV SÜD.获得TÜV SÜD颁发的首个RED DA网络安全认证。
2025-03-05Sungrow's Logger1000 data collector obtained the first RED DA cybersecurity certification from TÜV SÜD based on EN 18031 standards, meeting EU cybersecurity requirements.阳光电源Logger1000数据采集器获得TÜV南德基于EN 18031标准的首张RED DA网络安全认证证书，满足欧盟网络安全要求。
Cao Renxian NPC carbon market proposal曹仁贤人大代表碳市场提案
1 · 2025-03-05
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Proposed building cross-regional carbon market links with neighboring countries.提议与周边国家建立跨区域碳市场链接。
2025-03-05Sungrow chairman Cao Renxian, as a National People's Congress deputy, proposed building cross-regional carbon market links with neighboring countries and advancing carbon market internationalization under the Paris Agreement.全国人大代表、阳光电源董事长曹仁贤建议与周边国家构建碳市场跨地区链接，依据巴黎协定推进碳市场国际化。
CECEP Wind Power strategic agreement中节能风电战略协议
1 · 2025-03-20
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Signed strategic cooperation agreement covering wind power equipment, storage, and hydrogen.签署战略合作协议，涵盖风电设备、储能和氢能。
2025-03-20Sungrow signed a strategic cooperation agreement with CECEP Wind Power (Energy-saving Wind Power) covering wind power equipment supply, project development, energy storage, and hydrogen technology, building on over 1 GW of prior collaboration in wind converters.阳光电源与中节能风电签署战略合作协议，涵盖风电设备供应、项目开发、储能及氢能技术，此前在风电变流器领域累计合作超1GW。
Research institutes & subsidiaries研究院与子公司
9 · 2025-03-22 → 2026-06-11
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Establishment of subsidiaries, joint ventures, and research centers.子公司、合资企业和研究中心的设立。
2025-03-22Construction of Phase II of Sungrow's Zero-Carbon Center project in Yunhe New City (Hefei) is underway; Phase I is already operational, focusing on charging systems and smart cleaning R&D and industrialization.运河新城阳光电源零碳中心项目二期加紧施工，一期已投用，主要从事充电系统、智能清扫等新能源技术研发及产业化。
2025-05-16Sungrow established a wholly-owned subsidiary, Hefei Sungrow Yuanzhi Technology Co., Ltd., with registered capital of RMB 100 million, focusing on AI software, IoT, and smart control systems.阳光电源全资成立合肥阳光源智科技有限公司，注册资本1亿元，经营范围包括人工智能、物联网、智能控制系统等。
2025-09-04Sungrow Power established two wholly-owned zero-carbon technology subsidiaries, Xi'an Sungrow Zero Carbon Technology Co., Ltd. and Shangqiu Sungrow Zero Carbon Technology Co., Ltd., with legal representative Xu Yiguo, covering IoT technology services and software development.阳光电源成立两家全资零碳技术子公司——西安阳光零碳技术有限公司和商丘阳光零碳技术有限公司，法定代表人许义国，业务涵盖物联网技术服务与软件开发。
2025-09-05Sungrow Power established a subsidiary Hefei Sungrow Yuanzhi Technology Co., Ltd. to enter the AIDC (AI data center) power supply business, targeting overseas markets.阳光电源设立子公司合肥阳光源智科技有限公司，涉足AIDC电源业务，重点瞄准海外市场。
2025-09-09Sungrow Power made a new outward investment, wholly acquiring Datong Yunzhou Haoyun New Energy Power Generation Co., Ltd., with legal representative Liu Shuai, registered capital 15 million yuan, engaged in power and heat production and supply.阳光电源新增对外投资，全资收购大同市云州区昊云新能源发电有限公司，法定代表人刘帅，注册资本1500万元，从事电力、热力生产和供应业。
2025-10-09Sungrow, via its subsidiary Sungrow New Energy Development, jointly established Yan'an Wanneng Electric Power Co., Ltd. with Wanneng Power and Anhui Guoxuan New Energy Investment, with registered capital of 500 million RMB.阳光电源通过旗下阳光新能源开发股份有限公司与皖能电力、安徽国轩新能源投资有限公司共同成立延安皖能电力有限公司，注册资本5亿元。
2026-02-28Sungrow Power co-founded Anhui Sunshine Green Energy Technology Co., Ltd. with Anhui Yangguang New Energy Technology Co., Ltd.; registered capital 30 million CNY, focusing on emerging energy tech R&D, energy recovery systems, and solar power services.阳光电源与安徽仰光新能源科技有限公司共同成立安徽阳光绿能科技有限公司，注册资本3000万元，专注于新兴能源技术研发、能量回收系统及太阳能发电技术服务。
2026-05-12Sungrow's wholly-owned subsidiary Hefei Sunshine Zero Carbon Technology Co., Ltd. co-established Hefei Shuyang Qingchuang Venture Capital Partnership (limited partnership) with a capital of 40 million yuan.阳光电源全资子公司合肥阳光零碳技术有限公司等共同设立合肥蜀阳清碳创业投资合伙企业（有限合伙），出资额4000万元。
2026-06-11Established joint venture Luoyang Jinhui Electric Power Co., Ltd. with Luoyang Baisiwei New Energy, registered capital 10 million yuan, for power generation and supply.与洛阳百斯威新能源共同成立合资公司洛阳锦徽电力有限公司，注册资本1000万元，从事发电及供电业务。
Awards & certifications奖项与认证
5 · 2025-03-30 → 2026-06-24
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Industry awards, recognitions, and index inclusions received by Sungrow.阳光电源获得的行业奖项、认可和指数纳入。
2025-03-30Sungrow won the 'Best EMS Supplier of the Year' award at CIES2025 for its EMS3000 energy management system, which features AI algorithms, GW-level black start, and battery pre-diagnosis capabilities.阳光电源在CIES2025上凭借EMS3000能量管理系统蝉联“年度最佳EMS供应商”，该系统具备AI算法、GW级黑启动及电芯预诊断功能。
2025-05-12Sungrow was added to the 'Ubiquitous Power Internet of Things' concept index, leveraging its cloud platform and IoT technology for power station monitoring and energy management.阳光电源新增'泛在电力物联网'概念，依托其云平台和物联网技术实现电站监控及能量管理。
2025-12-03FTSE Russell included Sungrow Power in the FTSE China A50 Index in its quarterly review.富时罗素季度审核将阳光电源纳入富时中国A50指数。
2026-05-12Sungrow's En-grow 2.0 multi-scenario intelligent dispatching technology won the five-star 'Cutting-edge Technology Product' award at the 2026 Green Energy Star·Qiangguo Cup.阳光电源En-grow 2.0多场景智能调度技术荣获2026第四届“绿能星·强国杯”“尖端技术产品”五星奖。
2026-06-24At Intersolar Europe 2026, PowerTitan 3.0 energy storage system won the 2026 Smart Energy Award.在2026欧洲国际太阳能展上，PowerTitan 3.0储能系统荣获2026智慧能源奖。
Other developments其他动态
18 · 2025-03-31 → 2026-06-24
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Assorted developments not part of a running storyline.未归入某条故事线的零散动态。
2025-03-31Sungrow's drive inverter (100 MVA max power) was put into operation at a motor test bench project in Yangjiang, marking the highest power-level drive equipment in China, supporting multiple motor types.阳光电源传动变频器（最大功率100MVA）在阳江电机试验台项目投产，为国内功率等级最高的传动装备之一，支持多电机类型。
2025-07-03Sungrow establishes a subsidiary to enter AIDC (AI data center) power supply business, leveraging its power electronics expertise.阳光电源设立子公司开展AIDC（AI数据中心）电源业务，依托电力电子技术优势。
2025-07-30Sungrow secures over 30 GWh of energy storage orders globally as of July 29, 2025, including 12 GWh from CNNC and 16 GWh from PowerChina framework procurement.截至2025年7月29日，阳光电源全球储能订单超30GWh，包括中核汇能12GWh和中国电建16GWh框架采购。
2025-08-20Sungrow's 1800V industrial drive inverter has been shipped in batch to multiple motor test bench sites; it features 2300V IGBT, three-level topology, and four-quadrant control.阳光电源1800V工程型传动变频器已批量发往多个电机试验台现场，采用2300V IGBT、三电平拓扑与四象限控制技术。
2025-08-25Sungrow won a 320MW green ammonia project in the Sultanate of Oman overseas.阳光电源海外中标阿曼苏丹国320MW绿色合成氨项目。
2025-08-25Sungrow's self-developed 1800V-10MW doubly-fed wind turbine converter entered batch supply, and it launched a 1800V-16MW doubly-fed wind turbine converter; its self-developed drive inverter, with max power up to 100MW, entered production.阳光电源自主研发的1800V-10MW双馈型风电变流器实现批量供货，推出1800V-16MW双馈风电变流器；自主研发的传动变频器投产，最大运行功率可达100MW。
2025-08-25Sungrow established an AIDC (AI Data Center) business unit, targeting overseas markets, with plans to launch products next year, focusing on DC microgrid and power supply solutions.阳光电源成立AIDC（AI数据中心）事业部，重点瞄准海外市场，计划明年推出产品，聚焦直流微电网及电源方案。
2025-10-29Sungrow stated in an investor call that it plans to enter the AI data center power supply business, leveraging its solid-state transformer technology, with product launch and small-scale delivery targeted for 2026.阳光电源在投资者交流中表示，计划依托固态变压器技术进入AI数据中心电源业务，争取2026年实现产品落地和小规模交付。
2025-10-29Sungrow disclosed that its inverter business saw 9M revenue up about 6% YoY, and it launched the world's first 400kW+ string inverter SG465HX and the modular inverter 1+X 2.0.阳光电源披露前三季度逆变器收入同比增长约6%，发布了全球首款功率达400kW+组串式逆变器SG465HX及分体式模块化逆变器1+X 2.0。
2025-11-11Yilian Technology disclosed that Sungrow Power is its core customer and it is the main supplier of CCS (cell connection components) for Sungrow's energy storage systems.壹连科技披露阳光电源为其核心客户，公司是阳光电源储能系统CCS（电芯连接组件）主力供应商。
2026-01-16Sungrow plans to cooperate with international leading cloud vendors and domestic top internet companies, aiming for product delivery and small-scale deployment of AI data center (AIDC) power solutions in 2026.阳光电源计划与国际头部云厂商和国内头部互联网企业合作，争取在2026年实现AI数据中心（AIDC）电源产品的落地和小规模交付。
2026-02-28Sungrow Power deployed its PowerTitan grid-forming energy storage system (12MW/48MWh) at a 5,370m altitude site, achieving 100% stable grid-forming operation under extreme conditions.阳光电源在海拔5370米项目部署PowerTitan构网型储能系统（12MW/48MWh），在极端条件下实现全天候100%稳定构网。
2026-02-28Sungrow Power completed the world's largest single shared energy storage station in Haixi, Qinghai: 270MW/1080MWh, at an altitude above 4,600m, using 100% clean energy for an off-grid microgrid.阳光电源在青海海西州建成全球单体最大共享储能电站：270MW/1080MWh，海拔4600米以上，实现100%清洁能源供电的纯离网微电网。
2026-03-06Plans to build a European manufacturing plant in Poland with annual capacity of 20 GW PV inverters and 12.5 GWh energy storage systems; plant is in preparation phase.计划在波兰投资建设欧洲制造工厂，规划年产20GW光伏逆变器及12.5GWh储能系统，工厂当前处于筹备阶段。
2026-03-18PowerBidder electricity trading decision-support system helped a Shandong independent energy storage station achieve 90% of ideal peak revenue, receiving the industry's first independent storage power trading empirical evaluation report from Beijing鉴衡认证中心 (CGC).PowerBidder电力交易辅助决策系统助力山东某独立储能电站平均收益达到理想峰值的90%，斩获业内首张独立储能电力交易实证评估报告（由北京鉴衡认证中心颁发）。
2026-04-16Sungrow states on investor platform that it is providing full-stack power solutions for AI data centers (AIDC), covering system-level, rack-level, and board-level power, leveraging SST (Solid State Transformer) technology, and cooperating with leading internet companies and data center operators.阳光电源在投资者互动平台表示，为AI数据中心提供全栈式电源解决方案，覆盖系统级、机架式及板载电源，依托固态变压器（SST）技术，携手头部互联网企业及数据中心运营商。
2026-05-31Analyst report: Sungrow's AIDC (AI data center) power business is progressing; it has engaged with overseas AI leaders for AIDC power and storage, with future orders expected.分析师报告：阳光电源AIDC（人工智能数据中心）电源业务进展顺利，已与海外AI龙头企业就AIDC电源和储能业务进行深度对接，未来订单可期。
2026-06-24Accelerating overseas capacity: Poland factory plans 22.5GWh energy storage and 20GW inverter capacity; Egypt factory plans 10GWh energy storage capacity.加速海外产能布局：波兰工厂规划储能22.5GWh及逆变器20GW，埃及工厂规划储能10GWh。
IP & patents知识产权与专利
3 · 2025-04-10 → 2026-06-08
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White papers, technology standards, and intellectual property releases.白皮书、技术标准和知识产权发布。
2025-04-10At the 13th Energy Storage International Summit, Sungrow, jointly with CGC and Tsinghua University, released the industry's first 'BM²T Battery Management Technology White Paper', redefining battery management from a grid and system perspective using AI, big data, and IoT.在第十三届储能国际峰会上，阳光电源联合鉴衡和清华大学发布行业首个《BM²T电池管理技术白皮书》，从电网和系统层面重新定义电池管理，融合人工智能、大数据和物联网技术。
2025-05-07Sungrow released an AI-powered battery management solution based on its 'three-electric integration' concept, using AI algorithms and big data models for grid-oriented battery cell AI computing models.阳光电源发布了基于'三电融合'理念的AI电池管理方案，引入AI算法和大数据模型，推出以电网能量调度为导向的电芯AI智算大模型。
2026-06-08Released 'S+ Energy Storage Multi-Scenario White Paper', proposing scenario-defined, native synergy, and full-lifecycle value framework for energy storage.发布《S+储能多元场景白皮书》，提出场景定义、原生协同、全周期价值兑现的储能框架。
Legal & disputes法律与纠纷
2 · 2025-04-24 → 2025-08-13
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Lawsuits, contract disputes, and legal proceedings involving Sungrow.涉及阳光电源的诉讼、合同纠纷和法律程序。
2025-04-24A civil lawsuit filed by Sungrow against Huachi County Development and Reform Bureau and Huachi County Project Construction Office over a construction contract dispute was withdrawn with court approval.阳光电源作为原告起诉华池县发展和改革局及甘肃省华池县项目建设办公室的建设工程合同纠纷案，经法院裁定准予撤诉。
2025-08-13Sungrow filed a lawsuit against Shanxi Installation Group Co., Ltd. for a contract dispute over a sales contract.阳光电源因买卖合同纠纷对山西省安装集团股份有限公司提起诉讼。
Executive & governance高管与治理
5 · 2025-04-28 → 2026-05-29
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Board decisions, employee incentives, donations, and governance matters.董事会决策、员工激励、捐赠和治理事项。
2025-04-28Sungrow chairman Cao Renxian personally donated RMB 100 million to his alma mater, Hefei University of Technology, through the Sungrow Public Welfare Foundation, the largest individual donation in the university's history, to support discipline construction and talent cultivation.阳光电源董事长曹仁贤个人通过阳光电源公益基金会向母校合肥工业大学捐赠1亿元人民币，用于支持学科建设和人才培养，系该校历史上最大规模的个人捐赠。
2025-05-16Sungrow completed the vesting of 110,000 restricted shares (0.01% of total equity) from the second vesting period of its 2022 incentive plan, involving 23 employees.阳光电源完成2022年限制性股票激励计划预留授予部分第二个归属期11万股（占总股本0.01%）的归属，涉及23人。
2025-12-30Sungrow Power's board approved a proposal to continue providing loans to employees and revised the Employee Loan Management Measures.阳光电源董事会审议通过继续向员工提供借款并修订《员工借款管理办法》的议案。
2026-03-13Board approved commodity futures hedging program with margin/option premium cap of RMB 2 billion and maximum daily contract value of RMB 10 billion, valid for 12 months.董事会审议通过商品期货套期保值业务，保证金及权利金上限不超过20亿元，任一交易日最高合约价值不超过100亿元，额度12个月内循环使用。
2026-05-29Sungrow completed its 2026 employee stock ownership plan, purchasing 7.2133 million shares (0.35% of total) from the secondary market at an average price of 138.61 yuan per share, totaling 1 billion yuan.阳光电源完成2026年员工持股计划股票购买，从二级市场买入721.33万股（占总股本0.35%），均价138.61元/股，总金额10亿元。
Strategic cooperation MoUs战略合作备忘录
8 · 2025-06-05 → 2026-01-16
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Strategic agreements and partnerships with companies and institutions.与公司和机构的战略协议和合作伙伴关系。
2025-06-05Signed strategic framework agreement with China Chemical Donghua Company covering green methanol project design and green ammonia project IGBT rectifier power supply.与中国化学东华公司签署战略合作框架协议，涵盖绿色甲醇项目设计及绿氨项目IGBT整流电源供货。
2025-09-05Sungrow Power signed a strategic cooperation agreement with DingTalk (Alibaba's enterprise communication platform) at Alibaba Xixi Park, focusing on AI applications and global data compliance system construction.阳光电源与钉钉在阿里巴巴西溪园区签署战略合作协议，聚焦AI应用与全球化数据合规体系建设。
2025-10-24Sungrow held its 2025 Global Charging Summit in Amsterdam, Netherlands, and signed strategic cooperation agreements with multiple European charging operators, electrical engineering firms, and logistics companies.阳光电源在荷兰阿姆斯特丹召开2025全球充电峰会，与多家欧洲头部充电运营商、电气工程企业及物流公司签署战略合作协议。
2026-01-10Shenzhen Ylian Technology Co., Ltd. received Sungrow's '2025 Rising Star Award' for its cell connection components (CCS) for energy storage systems.深圳壹连科技股份有限公司因储能系统电芯连接组件（CCS）产品获得阳光电源颁发的“2025年度新锐之星奖”。
2026-01-14Donghai Semiconductor became a small-batch supplier to Sungrow after passing rigorous audits, providing semiconductor solutions for PV inverters and energy storage.东海半导体通过严苛审核，成为阳光电源小批量供应商，为光伏逆变器和储能提供半导体解决方案。
2026-01-15Sanhua Intelligent Controls received Sungrow's '2025 Innovation Breakthrough Award' at the Global Partner Conference for its new-generation PV thermal management technology.三花智控在阳光电源全球合作伙伴大会上荣获“2025年度创新突破奖”，表彰其新一代光伏热管理技术。
2026-01-16LEM Electronics received Sungrow's 'Excellent Partner Award' and 'ESG Best Practice Award' for current measurement solutions and supply chain collaboration.莱姆电子荣获阳光电源“优秀伙伴奖”和“ESG最佳实践奖”，因其电流测量解决方案和供应链协同。
2026-01-16Sunwoda received Sungrow's 'Global Strategic Partner Award' and 'ESG Best Practice Award' at the 2026 Global Partner Conference; Sunwoda Chairman Wang Wei gave a keynote speech on globalization and sustainability.欣旺达在阳光电源2026年全球合作伙伴大会上荣获“全球战略伙伴奖”和“ESG最佳实践奖”，董事长王威发表全球化与可持续发展主题演讲。
Hong Kong IPO & capital markets香港IPO与资本市场
8 · 2025-08-25 → 2026-04-24
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H-share listing application, regulatory reviews, and capital market activities.H股上市申请、监管审查和资本市场活动。
2025-08-25Sungrow's board approved the proposed issuance of H-shares and listing on the Main Board of the Hong Kong Stock Exchange to deepen globalization and diversify financing channels.阳光电源董事会审议通过拟发行H股并在香港联交所主板上市的议案，以深化全球化战略和拓宽融资渠道。
2025-09-05Sungrow Power announced plans to issue H-shares and list on the Hong Kong Stock Exchange, aiming to expand financing channels and deepen globalization strategy.阳光电源公告计划发行H股并在香港联交所上市，旨在拓展融资渠道并深化全球化战略。
2025-10-05Sungrow Power Supply Co., Ltd. submitted a listing application to the Hong Kong Stock Exchange for an H-share IPO, with CICC as the sole sponsor.阳光电源股份有限公司向港交所提交H股上市申请，独家保荐人为中金公司。
2025-12-01Sungrow Power submitted a listing application to the Hong Kong Stock Exchange, planning to deepen global layout, with CICC as the sole sponsor.阳光电源向港交所提交上市申请，拟深化全球化布局，中金公司担任独家保荐人。
2025-12-26China Securities Regulatory Commission (CSRC) requested Sungrow Power to supplement explanations on its industrial internet data services, big data services, and overseas investment compliance as part of its Hong Kong listing review.中国证监会在港交所上市审查中要求阳光电源补充说明工业互联网数据服务、大数据服务及境外投资合规情况。
2026-01-30Sungrow confirmed that its Hong Kong IPO is progressing actively.阳光电源确认港股上市正在积极推进中。
2026-03-06H-share listing in Hong Kong is actively progressing; timing depends on regulatory review and market conditions.港股上市正在积极推进中，具体上市时间将根据境内外监管审核进度和市场情况统筹确定。
2026-04-24Sungrow re-submits H-share listing application to the Hong Kong Stock Exchange, with CICC as sole sponsor, aiming for A+H dual listing. Previous application expired on April 5, 2026.阳光电源重新向港交所提交H股上市申请，独家保荐人为中金公司，拟实现A+H两地上市。此前申请于2026年4月5日失效。
Industry standards & policy行业标准与政策
2 · 2025-12-09 → 2026-05-13
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Participation in industry standards, policy responses, and regulatory matters.参与行业标准、政策回应和监管事项。
2025-12-09Sungrow Power, in collaboration with China Huaneng, achieved a global first by applying off-grid commissioning technology for string inverters at the 4200-meter Daofu Yari PV project in Sichuan, enabling PV-powered construction.阳光电源携手中国华能，在四川甘孜道孚亚日光伏项目4200米海拔成功应用组串式逆变器离网调试技术，实现光伏发电保障施工。
2026-05-13Sungrow responded that the EU inverter ban (restricting EU funds from using inverters from 'high-risk countries') is currently only an administrative guideline; the company continues to monitor policy.阳光电源回应欧盟逆变器禁令（限制欧盟资金投向使用“高风险国家”逆变器的项目）目前仅为行政指南，公司将持续跟踪后续政策动向。
Minority investments & stakes少数股权投资与持股
3 · 2026-03-18 → 2026-06-12
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Equity investments in other companies and venture capital partnerships.对其他公司的股权投资和风险投资合作伙伴关系。
2026-03-18Invested in Shenzhen Gesi Semiconductor Co., Ltd. (2.96% stake), a company focused on high-end real-time control DSP chip design for digital energy, industrial automation, smart vehicles, robotics, etc.投资深圳格见半导体有限公司（持股2.96%），该公司专注于高端实时控制DSP芯片设计，服务于数字能源、工业自动化、智能汽车、机器人等领域。
2026-05-18Sungrow co-invested in Yijie Zhichuang (Shanghai) Intelligent Technology Co., Ltd. (12% stake), which focuses on intelligent robot R&D and AI application software.阳光电源参股意界智创（上海）智能科技有限公司（持股12%），该公司从事智能机器人研发、人工智能应用软件开发等。
2026-06-12Invested in Shanghai Carbon Sheng Wanwu Technology Co., Ltd. as a new shareholder in its Series A round, alongside CATL and others, for DAC pilot line and eSAF scale-up.作为新股东参与上海碳生万物科技有限公司A轮融资，与宁德时代等共同投资，用于DAC中试线及eSAF放大。
