【SMM New Energy News】Sungrow: Global Energy Storage Installations Expected to Grow 30%-50% Over Next Three Years

Published: Apr 28, 2026 17:40

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At an investor meeting on April 27, Sungrow stated that while rising raw material costs, such as lithium carbonate, challenge the returns of large-scale projects, small-to-medium projects remain resilient due to agile cost pass-through. Overall, the company maintains a positive outlook, forecasting that the global energy storage installation scale will continue to expand, with an expected growth rate between 30% and 50% over the next three years.

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