SOFAR Flaunts Solar Solutions At All Energy Australia 2024 By Chitrika Grover/ Updated On Fri, Oct 25th, 2024 SOFAR The latest All Energy Australia (AEA) exhibition opened at the Melbourne Convention and Exhibition Centre attracted industry experts and participants from across the global renewable energy sector. The two-day event is bustling with activity, showcasing the latest innovations and developments in clean energy. SOFAR unveiled its solar and energy storage solutions. Australia’s Solar and Energy Storage Market: Rapid Growth Fueled by Innovation Australia has seen significant growth in its photovoltaic (PV) market, driven by technological advancements, declining costs, and government support through carbon taxes and incentive policies. Recent data shows that Australia added 4.6 GW of new PV capacity, with distributed PV accounting for 68%. Moreover, 2023 saw the installation of a record 57,000 residential battery storage systems, with a total capacity reaching 656 MWh. The Australian solar and storage market is advancing at a remarkable pace. Industry Recognition: Empowering Through Innovation SOFAR, an energy solutions company also took part in the event. It also earned global recognition and praise from customers worldwide. At this year’s AEA, SOFAR received the Top PV Inverter Brand Australia 2024 award from research firm EUPD Research. “Since its founding in 2013, SOFAR has been committed to building a competitive edge in products, technology, market presence, and services. The company has established three global R&D centers and two large-scale manufacturing bases, continuously enhancing its innovation capabilities. SOFAR’s core product range includes 1-350kW PV inverters, 3-20kW energy storage inverters, energy storage batteries, and the SOFAR cloud monitoring platform. By the end of 2023, SOFAR had shipped a total of 31 GW of inverters globally, with products sold in over 100 countries and regions. Beyond Australia, SOFAR has established localized service platforms in the UK, Germany, South Korea, and over 20 other countries, contributing to the global transition to green and low-carbon energy,”it said in a media statement. Strengthening Localized Services in Australia SOFAR said that Australia has been a key focus of SOFAR’s global service strategy since 2016. By employing experienced local professionals and gaining a deep understanding of the specific needs of the Australian market, SOFAR has built a professional, localized team covering various aspects of service, it said. “Tailoring its solutions to Australia’s regulatory environment, SOFAR has developed diverse, personalized, and localized solar and storage solutions. Additionally, the company has established a local warehouse in Melbourne and an office service center in Sydney, optimizing the integration of renewable energy and reducing energy costs for businesses. This comprehensive approach enhances SOFAR’s marketing and supply chain service systems, making them more efficient and robust.” it said. Tags: Australia, SOFAR