As a prominent player in the global energy storage industry, Sieyuan Electric has been listed on the Shenzhen Stock Exchange since 2004 (stock code: 002028) and has consistently demonstrated remarkable growth with a compound annual growth rate of 30%. In 2022, the company reported revenues of US$2 billion, and the first half of 2023 showed a staggering 22% year-over-year growth and a 38% increase in revenue from 2021. Notably, the net profit soared by 48%, highlighting the company's enhanced profitability.
Sieyuan Electric has a global footprint, expanding its operations since 2011 to empower major power system operators and industries across over 60 countries. With a diverse workforce of 7,800 professionals, the company delivers localized services from conceptualization to manufacturing, installation, operations, maintenance, and comprehensive EPC turnkey solutions.
In the UK, Sieyuan Electric has a decade-long track record of partnering with key clients such as Nationalgrid, SSE, ILOS, and HVSS. Swatten, focusing on residential energy storage, is committed to offering efficient and smart energy management solutions for UK households to enhance their quality of life.
At the upcoming Solar & Storage Live UK, Swatten will be showcasing its latest product, the Three Phase Hybrid Inverter (10-30kW), which exemplifies the company's commitment to innovation and quality. This new inverter supports multi-unit parallel connections, up to 8 units, for easy capacity expansion and features three-phase asymmetrical output, ensuring compatibility with 100% unbalanced loads in both grid-connected and off-grid scenarios. All models in the series support up to 200% solar over-configuration, and the new machine supports up to 6 PV string inputs, enhancing flexibility in installation and system design.
Swatten's presence at the exhibition will be a testament to Sieyuan Electric's leadership in energy storage and its dedication to providing intelligent and sustainable energy solutions. The company's global footprint and robust after-sales service capabilities make it a trusted partner for energy transformation worldwide. With the launch of this new product, Swatten is poised to redefine the domestic energy storage landscape, ensuring reliable power solutions for households globally.
