Energy Storage Surge: Can Sungrow Soar Again?
On the evening of October 28, 2025, $Sungrow Power Supply(300274.SZ) released its third-quarter report for 2025. Sungrow Power Supply Co., Ltd. delivered results that were generally in line with market expectations. Specifically: 1. Revenue for the third quarter was slightly below expectations: total revenue for the third quarter was 22.9 billion, a quarter-on-quarter decrease of 6.7%, also below the market expectation of 24.8 billion. The main reason for the quarter-on-quarter decline was the significant drop in revenue from power station investment and development. Although the overall revenue from the energy storage business slightly declined quarter-on-quarter, considering the overseas rush installation due to tariff issues in the second quarter, the effect in the third quarter has significantly weakened...
