Sungrow, an inverter solution supplier for the renewable energy industry, announced its new factory in Bangalore, India.
The new inverter manufacturing facility will have an annual production capacity of 3 GW of central and string inverters. The company did not reveal its investment plans for setting up the first manufacturing facility outside China.
Sungrow shipped over 16.5 GW of PV inverters worldwide in 2017, an increase of over 48 percent from 2016 – driven by demands from India, the US, Europe, Japan, and other APAC countries.
“The addition of a new factory in India will significantly enhance our delivery capability locally and elsewhere in the world,” said Renxian Cao, chairman of Sungrow.
Sungrow said most of its production facilities are based in China. The new factory, which will be launched in the second half of 2018, will be Sungrow’s first factory outside China.