In April, according to Sungrow, the company's energy storage business has made good progress in the United States, Europe, Australia and other markets. The deviation of gross profit margin in 2021 is mainly caused by fines. In the first quarter of 2022, the gross profit margin has reached 20%. year will continue to improve.
It has three competitive advantages in the energy storage business.
First, leading energy storage system integration innovation capabilities. The energy storage system involves various technologies such as power conversion, system control, and cell temperature control. The system is very complex. The company has deep technical accumulation in inverter technology and energy storage system, and the company has the ability to continuously integrate and innovate energy storage.
Second, the ability to expand the global market. The company has established global marketing capabilities and a global energy storage marketing team. After entering the energy storage business in 2013, it has accumulated a large number of project cases and established a good reputation effect.
Third, synergistic advantages. The company's inverter customers and energy storage customers are highly overlapped, and technically it is also the direction of integration of solar energy storage.
