Sunways Revenue and Competitors

Sunways is a cutting-edge technology company founded in Konstanz, Germany in 1993, dedicated to developing, manufacturing, producing and distributing PV parts, including inverters for on-grid and energy storage PV systems in residential, commercial and industrial projects, data communication solutions, accessories and applications for monitoring and managing. Since its inception, we have been convinced that the energy transition from fossil fuels to renewable energy such as wind and solar is inevitable. With a strong belief in this trend, Sunways produced a series of technical-leading solar solutions, including on-grid and hybrid inverters, and dominated the solar industry in the late 1990s and millennium.In 2018, Sunways received reinvestment from Puze Group and established Ningbo Sunways Technologies Co., Ltd., allowing us to obtain more resources to invest in R&D, production, marketing and supply chain, and achieve comprehensive upgrades such as strengthening research and development team, optimizing production capacity layout, stabilizing supply chain and globalizing sales & marketing team.Sunways focuses on providing reliable and advanced solar power solutions for customers with cost-effectiveness. Thanks to the CBB (common building block) product design concept that has been widely used in our hardware design and firmware control since the company's inception, Sunways' reaction to new technology in the market is faster than our competitors. This will ensure that Sunways always takes the lead in new product development as well as product iteration and update. Having an operation center in Germany and local teams distributed all over the world, Sunways can quickly address industry challenges in the energy transition, strengthen customer relationships through local team and deliver timely localized services.