Where is Sineng electric constructing a PV inverter factory?

A PV inverter manufacturing facility operated by Sineng. Sineng Electric has announced plans to raise CNY 2.55 billion ($360 million) to shore up its working capital and support the construction of a 25 GW inverter factory in Wuxi, Jiangsu province.

Is Sineng a good PV inverter manufacturer?

Sineng has earned a spot on the prestigious BloombergNEF Tier 1 PV inverter maker list, further solidifying our brand influence internationally. Additionally, we are honored to rank as the top 8 global PV inverter supplier.

How many GW of inverters will Sineng electric make?

The planned facility, which will make 15 GW of rooftop inverters and 10 GW of string inverters for large-scale projects, will be finished within three years. In addition, Sineng Electric will allocate some of the funds to expand its storage and inverter capacity at its existing factory in Wuxi.

What is a Sineng central inverter?

Thus, Sineng brings the game-changing solution – the 4.4MW central inverter, tailor-made for utility-scale PV systems. With higher power density, four MPPTs and patented PID solutions, the inverter can generate more power. Its modular design at the component level enhances system availability.

Who is Sineng electric?

Sineng Electric Co., Ltd. is the global leading supplier of a comprehensive product portfolio including PV inverters and energy storage systems for utility-scale, commercial, and residential applications.

When will Sineng electric start manufacturing in China?

Given the prevailing industry dynamics, Sineng Electric has decided to invest in a new manufacturing facility in Wuxi, China, which will cover an area of 8 hectares. The construction is expected to be completed by the end of 2024, with manufacturing scheduled to commence in 2025, ultimately reaching full production capacity by 2029.