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Unlike other inverter companies that evolved from well-established power electronics manufacturers, Sungrow was founded in 1997 by Cao Renxian, a Hefei University of Technology professor who wanted to improve the electricity supply in rural western China using renewable energy. This motivation to help supply renewable energy was the foundation for one of the most successful inverter companies in the world. Sungrow Power Supply Co Ltd is now one of the world’s largest inverter manufacturers, with a net worth of $1.5 billion and specialises in R&D, manufacturing and services of power supply systems for wind energy, battery storage and conversion, electric vehicles and solar PV power systems.