WUXI, China, Nov. 24, 2023 /PRNewswire/ -- Sineng Electric, a global leader in the manufacturing of photovoltaic and energy storage inverters, is listed on the BloombergNEF Tier 1 list of photovoltaic inverter manufacturers, thanks to its technological advancements, its business stability and its outstanding competitiveness in the market.
BNEF's rating system, based on bankability, involves a rigorous evaluation process that covers several dimensions. Inclusion on this prestigious list further validates the credibility of the Sineng brand in the sector. The Tier 1 rating is a critical benchmark that provides potential investors with a reliable reference point when looking for reliable partners in the dynamic renewable energy sector.
In line with the innovation and customer-centric strategy, Sineng presents a wide range of products and solutions adapted to the diverse needs of customers. Cumulative shipments of PV inverters have now exceeded 70 GW, and energy storage inverters have exceeded 6 GW worldwide. These proven products have gained global recognition, creating value for all Sineng customers.
At the heart of Sineng's achievements is the close attention paid to research and development, embodied by a growing team of skilled engineers. Large investments in R&D have given rise to cutting-edge solutions. Innovative products such as the 350 kW single-phase inverter, 4.4 MW central inverter, 2 MW central PCS and 200 kW single-phase PCS offer higher efficiency, exceptional reliability and maximum safety.
Qiang Wu, President of Sineng Electric, stated: "Being recognized as a Tier 1 PV inverter manufacturer fills us with excitement. It elevates our reputation and influence on a global scale. As trusted pioneers dedicated to promoting environmental and ecological awareness, we look forward to provide positive changes.
About Sineng
Sineng Electric Co., Ltd. is a global leading provider of a comprehensive product portfolio including photovoltaic and energy storage inverters for commercial, residential and utility scale applications. With four R&D centers, three manufacturing plants and an annual production capacity of 40 GW, Sineng's commitment to technological innovation has enabled more people to access cost-effective, reliable and sustainable energy.
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