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Sungrow Ranked World’s No.1 Inverter Bankability Brand by BloombergNEF in 2024

BloombergNEF (BNEF) has released its 2024 PV Module and Inverter Bankability Survey, and Sungrow has claimed the top spot once again. Sungrow stands as the only inverter supplier globally to earn the No.1 bankability rating, marking its fifth-time recognition in this prestigious report.

Why Sungrow’s Bankability Rating Matters

A top bankability rating means banks and investors trust Sungrow inverters for solar projects. This trust increases the chances of loan approvals and ensures long-term financial viability for large-scale solar developments.

In an industry where project financing is key, BNEF’s annual survey serves as a guide for developers, lenders, and EPCs when selecting reliable technology partners.

blankA Proven Track Record in Clean Energy

Sungrow has built its reputation over 28 years of innovation and excellence. The company continues to fulfill its mission of “Clean power for all” by delivering:

Reliable inverters for all system sizes
Future-ready 2000V PV and ESS technologies
Grid-forming PV + storage solutions

With the largest R&D team in the industry, Sungrow is constantly evolving to meet global demand for clean, safe, and cost-effective solar energy.

Global Reach and Market Leadership

Sungrow inverters are used in over 180 countries and regions. The brand has consistently ranked No.1 in global PV inverter shipments, according to S&P Global Commodity Insights.

This massive global footprint shows that Sungrow is not just a leading brand—it’s a trusted partner in both emerging and mature solar markets.

Double No.1 in Inverter and Energy Storage Bankability

In addition to topping the inverter rankings, Sungrow also ranked first globally in energy storage systems and power conversion systems (PCS) in BNEF’s 2024 Energy Storage Bankability Rankings.

This dual leadership confirms Sungrow as a global leader in both solar inverters and energy storage solutions, a rare feat in the renewable sector.

Why Choose Sungrow for Your Solar Projects

Choosing Sungrow means choosing:

  • 💡 High-performance technology

  • 🔒 Bankable solutions with long-term reliability

  • 🌍 Global service and support network

  • ⚙️ Scalable inverters and storage systems

Whether you’re planning a residential system or a utility-scale solar farm, Sungrow delivers the performance, support, and confidence needed for project success.

Partner with top-tier solar wholesalers and distributors to get access to Sungrow’s award-winning solutions.

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