LONDON, Oct. 25, 2021 /PRNewswire/ -- In the past
Bloomberg New Energy Finance (BNEF) London Summit, GoodWe presented
as Summit Partner and delivered its practical solutions on how the
energy needs of the future can be met in order to realize net-zero
goals set by companies, cities, and countries worldwide. The summit
is a powerful platform for leaders in energy, industry, technology,
finance, and policy to provide innovative ideas and insights that
will capitalize on technological change to shape a cleaner,
net-zero future. GoodWe has vowed to develop energy storage
solutions that will enable the provision of round-the-clock
zero-emissions power.
The company's 2021 semi-annual financial report, exemplifies the
strengthening trends growing around both renewable energy
generation and industrial energy storage. GoodWe shipped nearly
217,500 units of its grid-connected PV inverters to markets across
the globe, accounting for 66% of annual shipments in 2020 (which
totaled 330,000 units).
In the fast-emerging segment of energy storage Power Conversion
Systems (PCS), GoodWe made shipments of about 21,000 units in the
first half of the year. This shows that GoodWe has been able to
retain its lead in the residential energy storage inverters market
amidst fierce competition.
Financial data for the first half of the year shows that GoodWe
achieved a revenue of USD 168
billion, a net profit attributable to the parent company of
USD 23.7 million, and a net profit
after deduction of USD 22 million,
constituting a 26.66% year-on-year increase.
Distributed PV systems are one of GoodWe's core competencies and
this explains why capital markets are optimistic about GoodWe and
its ability to leverage growing market demand and positive policy
trends to deliver strong financial performance. GoodWe is also
launching an "offensive" into the large-scale ground-mounted power
plant market. Its HT 1500V high-power inverter has been applied on
many ground projects across the globe. The combination of safety
and reliability is the competitive advantage that has enabled
GoodWe to differentiate itself from competition. The Semi-Annual
Report shows that the Company's string inverters currently cover a
power range of 0.7-250 kW, making them capable of fully meeting the
energy needs of residential, industrial and commercial operations,
as well as large-scale ground power stations.
Thanks to the strategic market positioning of its PV and energy
storage inverters, GoodWe has also successfully managed to enter
the energy storage lithium battery space, launching a variety of
energy storage lithium battery systems that are suitable for
residential, commercial, and industrial use. From an industry
perspective, the market for this product line is poised to grow
incrementally, and may be larger than that of inverters, making
this a very interesting development that is certainly worth
watching closely.
CONTACT: Verena Zhu,
+86-13814828193