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As COP29 will unfold in Azerbaijan from 11 to 22 November this year, the focus on renewable energy and sustainability has never been more critical. One company at the forefront of this transformation is Sungrow, a global leader in PV inverters and energy storage solutions, which has been instrumental in driving Azerbaijan''s renewable energy ambitions.
In line with the country’s commitment to diversify its economy and reduce greenhouse gas emissions, Azerbaijan aims to increase its installed power capacity from renewable sources to 30% by 2030. Sungrow''s role in this mission is evident through its contributions to key projects like the 308 MWp solar plant, which came online in 2023.
Azerbaijan''s Largest Utility-Scale PV Plant: A Milestone Achievement
Thompson Meng, Vice President of Sungrow PV & Storage BG, states, “Our efforts in Azerbaijan embody Sungrow''s commitment to providing innovative and scalable renewable energy solutions. As COP29 will take place in Azerbaijan, we are honored to support the nation''s path to a more sustainable future, perfectly aligned with global climate objectives.”
In 2023, Sungrow completed Azerbaijan''s first and largest utility-scale solar project, a 308 MWp plant that has now been operating for nearly a year. The plant generates an impressive 500 million kilowatt-hours of electricity annually, providing clean energy to more than 110,000 homes. This significant contribution supports Azerbaijan’s broader energy transition goals and showcases how large-scale renewable projects can make a tangible difference.
Through this project, Sungrow continues to solidify its presence in Azerbaijan, providing the country with a reliable and scalable renewable energy source while reinforcing its position as a key player in delivering advanced clean energy technologies.
Alternative Energy in Azerbaijan — Project Video from COP29 AZELeading the Global Renewable Market and ESG Excellence
Beyond this notable project, Sungrow''s influence extends globally. As the largest supplier of solar and energy storage solutions worldwide, the company is committed to advancing the global energy transition. Sungrow''s energy solutions enable countries like Azerbaijan to meet their renewable energy targets and reduce carbon footprints, furthering the global push for net-zero emissions.
In addition to its technological leadership, Sungrow is recognized for its strong commitment to Environmental, Social, and Governance (ESG) standards. The company''s recent AA rating from MSCI (Morgan Stanley Capital International), a global authority in ESG assessments, highlights its exceptional performance in sustainability. This recognition affirms Sungrow''s dedication to responsible business practices while contributing to global carbon reduction and fostering sustainable development.
Supporting COP29''s Climate Ambitions
As the world''s key stakeholders will gather at COP29 to chart the path forward on climate change, Sungrow''s successful projects in Azerbaijan serve as a powerful example of how renewable energy can drive meaningful progress.
After 27 years of relentless innovation, Sungrow has emerged as a global leader in the renewable energy sector, with a robust portfolio of new energy equipment encompassing "solar, wind, storage, electric vehicle and hydrogen" technologies.
The company''s PV inverters have achieved a remarkable feat by being exported to over 170 countries and regions worldwide. In a testament to its global standing, Sungrow has been ranked as the global No.1 position in PV inverter shipments for 2023 according to S&P Global Commodity Insights. Leveraging its world-class power electronics, electrochemistry, and grid support integrated technology, Sungrow has been rewarded the most bankable Asian energy storage company (BloombergNEF).
With a proven track record of delivering transformative clean energy projects, Sungrow is well-positioned to contribute to the discussions at COP29, highlighting how solar and energy storage technologies can enable a cleaner, more sustainable energy future.
Azerbaijan is one of the first countries to support the Belt and Road Initiative, cooperating with China in many fields such as transportation, logistics, and infrastructure. It also seeks to partner with Chinese enterprises to shape a carbon neutral future together to help diversify its economy and reduce dependence on oil and natural gas. The Ministry of Energy of Azerbaijan targets to increase the share of the installed capacity of renewable energy to 30% in the country's overall energy balance by 2030.
As the first utility-scale renewable energy project in Azerbaijan, the Area 60 solar power project only uses Sungrow's state-of-the-art 320kW string inverters SG320HX and is compatible with the MV8850-LV MV Stations to ensure the project is safe, highly efficient, easy to operate, and grid-friendly. The project also uses an innovative 8.85MW large PV blocks design, and SVG is completely replaced by the SG320HX, further boosting power generation and reducing investment costs. In addition, the SG320HX enables stable operation even in weak grids.
Accordingly, the 308MWp project covers an area of about 5.5 million square meters in the Gobustan District, about 60 kilometers southwest of Baku, the capital of Azerbaijan. It will produce 500 million kilowatt-hours of power annually once operational. By that point, 110,000 families could use green electricity, resulting in a reduction of over 200,000 tons of carbon dioxide emissions per year.
"Last March, we were participating in the groundbreaking ceremony of the solar power plant," stated Ilham Aliyev, Azerbaijan's president. "Today we are very proud to see that in a relatively short period of time, this empty part of the Absheron peninsula became the source of green energy. This is a remarkable achievement."
James Wu, Senior Vice President of Sungrow said, "It is an honor for us to collaborate with Dongfang Electric from China and Masdar from UAE on this meaningful project in Azerbaijan. During the past decade, China has infused vitality into the energy transition of many countries and promoted local economic growth with its products, technology, and experience. As an industry-leading Chinese enterprise, Sungrow has also contributed to the initiative by providing cutting-edge renewable energy solutions and services. We hope that more and more renewable energy projects will be implemented under the Belt and Road Initiative, and our world will soon be carbon neutral."
With the world’s attention set for the events at COP29, starting November 11 in Azerbaijan, it has become an important time to track the changes in the host country itself.
In line with the country’s commitment to diversify its economy and reduce greenhouse gas emissions, Azerbaijan aims to increase its installed power capacity from renewable sources to 30% by 2030. For global inverter market leader Sungrow, that has meant an opportunity to be a part of Azerbaijan’s green transition, like the 308 MWp solar plant, which came online in 2023.
Thompson Meng, Vice President of Sungrow PV & Storage BG, states, “Our efforts in Azerbaijan embody Sungrow''s commitment to providing innovative and scalable renewable energy solutions. As COP29 will take place in Azerbaijan, we are honored to support the nation''s path to a more sustainable future, perfectly aligned with global climate objectives.”
In 2023, 308 MWp plant became Azerbaijan’s first and largest utility scale solar project. The plant generates an impressive 500 million kilowatt-hours of electricity annually, providing clean energy to more than 110,000 homes.
The Azerbaijan success story mirrors Sungrow’s strong impact on the global market as well, where along with other key firms, it has led the push to deploy more renewable energy at a competitive rate, enabling many countries to transition faster. With products across 170 countries, Sungrow’s wide portfolio has helped it meet market needs everywhere, and build on its reputation for value and quality.
Sungrow hopes that the success of the project in Azerbaijan will encourage many of the participating delegates at COP29 to scale up their own targets and look with more optimism on the possibilities from renewable energy. 27 years since it started, Sungrow will no doubt hope to play a key role with a robust portfolio of new energy equipment encompassing "solar, wind, storage, electric vehicle and hydrogen" technologies. Having built a track record that has seen it acknowledged as the global leader for two years running now, Sungrow finds itself in that rare position where its corporate goals and global goals are perfectly aligned for the next phase of the green transition.
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