| May 9, 2023

Sungrow and Green Gold Energy Signed Memorandum to Collaborate on 500MWh Projects within the Next 3 Years

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Sydney, 8th May 2023 – Sungrow, the global leading inverter and energy storage system solution supplier, announced it signed a memorandum with Green Gold Energy to collaborate on 500MWh projects within the next three years, strengthening the utility scale projects cooperation in the Australian market.

The signing ceremony was held in Sydney at the Smart Energy Exhibition, and attended by senior executives from both companies. Under the agreement, Sungrow will provide its state-of-the-art integrated solutions, including energy storage systems, PV inverters, and PCS to Green Gold Energy’s upcoming renewable energy projects. The collaboration aims to accelerate the deployment of large utility-scale renewable energy projects that will help meet South Australia’s increasing demand for clean energy.

“We are excited to partner with Green Gold Energy, a company that shares our commitment to sustainable development and renewable energy,” said Joe Zhou, Sungrow Australia Country Manager. “This collaboration is a testament to our joint efforts to accelerate the adoption of clean energy and reduce our carbon footprint.”

“We are delighted to team up with Sungrow, a leading player in the renewable energy sector,” said John Huang, Managing Director of Green Gold Energy. “Our collaboration will enable us to leverage Sungrow’s advanced integrated solutions and expertise to develop and operate large-scale renewable energy projects that will contribute to Australia achieving net zero emissions.”

The collaboration between Sungrow and Green Gold Energy is expected to bring significant benefits to both companies and to South Australia’s renewable energy industry. With Sungrow’s cutting-edge technology and Green Gold Energy’s expertise in developing and operating renewable energy projects, the collaboration is well-positioned to succeed in the fast-growing market for clean energy in Australia.

 

About Sungrow

Sungrow Power Supply Co., Ltd. (“Sungrow”) is the world’s most bankable inverter brand with over 340 GW installed worldwide as of December 2022. Founded in 1997 by 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 & industrial, and residential applications, as well as internationally recognized floating PV plant solutions, NEV driving solutions, EV charging solutions and renewable hydrogen production systems. With a strong 26-year track record in the PV space, Sungrow products power over 150 countries worldwide. Learn more about Sungrow by visiting www.sungrowpower.com.

About Green Gold Energy

Green Gold Energy is a company specializing in the development, construction, operation, and general contracting of solar farms. Our business model revolves around the integration of solar energy with other technologies such as Battery Energy Storage Systems (BESS), hydrogen, micro-grid, charge station, and data centers to offer comprehensive and sustainable energy solutions.

Since its inception, Green Gold Energy has maintained close ties with local government and network providers and has become a pioneer in the field of the renewable energy industry in South Australia, Victoria, and New South Wales. Please visit www.greengoldenergy.com.au if you would love to learn more about Green Gold Energy.

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