GoodWe, a global leader in manufacturing photovoltaic inverters and energy storage systems, recently introduced its comprehensive energy storage solutions for residential and commercial applications, as well as large-scale projects, for the first time in Cyprus.

Supported by its largest strategic partner on the island, the Green Energy Group, the event took place at the Atlantica Miramare Beach in Limassol on November 29, 2023.

During the presentation, Thanasis Sakkas, Giorgos Sotiriou, and Kostas Siapikas provided valuable information on how businesses and domestic consumers can save energy by utilizing advanced technological applications and hybrid inverters. The presentation highlighted the "smart" opportunities in the renewable energy sector.

Thanasis Sakkas, Sales Director of Channels Europe, stated, "Together with the Green Energy Group, we offer consumers comprehensive energy-saving services. By utilizing inverters and storage units in our clients' installations, we provide unparalleled performance and durability, ensuring reliable power supply."

On behalf of the Group, COO Kyriakos remarked, "It is with great pleasure that we host one of our strategic partners on the island today. Our joint presentation of comprehensive energy services signifies our commitment to providing commercial and domestic clients with top-quality, efficient products through advanced technology systems."

It is noteworthy that these two leading organizations have joined forces over the last seven months to offer comprehensive energy services to the Cypriot market.

GoodWe is a global leader in the manufacture of photovoltaic inverters and energy storage solutions. Listed on the Shanghai Stock Exchange, the company has a longstanding and strong market presence. Recognized by Wood Mackenzie as one of the Top 3 global suppliers of hybrid inverters in 2022, GoodWe boasts an installed capacity of 52 GW in over 100 countries. GoodWe inverters have been used in residential and commercial roofs, industrial systems, and large-scale projects, ranging from 0.7kW to 350kW.

GoodWe has been distinguished by BloombergNEF with the highest Altman-Z score among photovoltaic manufacturers for 2021, demonstrating its strong, healthy financial base and bankability. Moreover, it is the only inverter manufacturer to have been awarded the All Quality Awards by TÜV Rheinland for seven consecutive years (2015-2021). In 2022, GoodWe received the EcoVadis Silver Award, placing it in the top 14% of over 100,000 companies in 175 countries, certifying the company's commitment to a sustainable, energy-smart future.

Operating in the renewable energy sector since 2016, the Green Energy Group is a vertically integrated group offering comprehensive energy solutions for homes, businesses, and energy production units (Photovoltaic Parks). Specifically, it provides services in renewable energy sources, energy saving, heating/air conditioning, electric vehicle chargers, energy services, and the production and supply of electric energy. Managing projects in the electric energy supply totaling 30MW, the Group's capacity is expected to exceed 45MW within 2024.

The Group also holds an Electric Energy Supply License since 2019 and has been participating in the Transitional Regulation of the Competitive Electricity Market since October 2022.