SYDNEY, June 14, 2019 /PRNewswire/ -- As energy storage continues to expand in Australia, the global leading inverter solution supplier for renewables, Sungrow, demonstrated the latest updates to its Energy Storage System ("ESS") family at Australian Energy Storage 2019 in Sydney, Australia.
The Australian energy storage market is estimated to be worth approximately AUD $30 billion by 2030 with almost 400 MWh of energy storage projects to be installed in C&I sector nationwide by 2022, according to industry consultants at Delta-ee.
Addressing the booming market technology demands, Sungrow showcased its latest ESS solution ST68KWH-50HV for C&I applications with a higher level of integration and smarts. The storage system integrates a 50kW PCS, 68kWh lithium batteries, HVAC, and advanced battery management systems, featuring a variety of benefits including:
Focusing on fast-growing residential energy systems, Sungrow also presented the residential ESS solution which consists of 5kW (SH5K-30) hybrid inverter and 4.8kWh (SBP4K8) battery pack, enabling the owner a higher investment payback. The separate design of the ESS brings a smaller footprint and greater flexibility for installations.
"Sungrow is a technical leader of PV & ESS with deep experiences in integrating storage stations, especially in frequency regulation, peak-shaving, micro-grid and grid-side space. As of December 2018, Sungrow's ESS has been cumulatively applied to more than 720 projects across the globe," said Luke Lu, President of Sungrow APAC.
"We recently supported diverse ESS projects in Australia such as Castle Plaza Shopping Centre on-grid project, St Luke's Anglican school on-grid project, Birchip Cropping Group on-grid/off-grid project, etc. These projects are shining examples of Sungrow's commitment to creating a sustainable future for the industry and building stronger local communities," Luke added.
About Sungrow
Sungrow Power Supply Co., Ltd ("Sungrow") is a global leading inverter solution supplier for renewables with over 82 GW installed worldwide as of March 2019. Founded in 1997 by University Professor Cao Renxian, Sungrow is a leader in the research and development of solar inverters, with the largest dedicated R&D team in the industry and a broad product portfolio offering PV inverter solutions and energy storage systems for utility-scale, commercial, and residential applications, as well as internationally recognized floating PV plant solutions. With a strong 22-year track record in the PV space, Sungrow products power installations in over 60 countries, maintaining a worldwide market share of over 15%. Learn more about Sungrow by visiting www.sungrowpower.com.
