|
MUNICH, Feb. 5, 2026 /PRNewswire/ -- Sungrow, the global leading PV inverter and energy storage system (ESS) provider, today announced a milestone deployment in the European market with the establishment of its first manufacturing facility in Wałbrzych, Lower Silesia. The 65,400 m² facility represents an investment of €230 million and contributes to the development of a robust European clean energy manufacturing ecosystem. The factory is scheduled to become operational within the next 12 months and is expected to create 400 new jobs in the region, fostering local expertise in the renewable energy sector.
"This new facility marks an important milestone for Sungrow in Europe. It allows us to be closer to our customers, respond more effectively to market needs, and will be a cornerstone of Sungrow's strategy to bolster European supply-chain stability while creating skilled employment," said Shawn Shi, President of Sungrow Europe.
Stronger clean energy value chain in Europe
The facility is designed to support large-scale production, with an annual capacity of up to 20 GW for inverters and 12.5 GWh for energy storage systems (ESS). It will integrate advanced manufacturing and quality-assurance capabilities, ensuring high standards of product performance, reliability, and safety.
Marcin Lerner, President of the Management Board of the Wałbrzych Special Economic Zone, said: "As the Wałbrzych Special Economic Zone, we are constantly building a friendly ecosystem for the development of regional, national and international business. The Sungrow investment highlights Poland's growing strategic importance within Europe's clean-energy value stream and shows that Poland, including the industrialized and high-tech developed region of Lower Silesia, is one of the most attractive locations in Europe to scale renewable energy technologies- thanks to public support programs, stable economic growth, accessibility to technical universities and qualified employees.
In addition to strengthening local production, the facility will enhance Sungrow's logistics capabilities across Europe by locating key manufacturing activities closer to customers, reducing lead times and enabling more efficient distribution. This will support greater efficiency and resilience across the region's clean energy value chain.
Shawn Shi added: "Lower Silesia's history of skilled technical expertise in electronics, automation and advanced manufacturing made it the prime location for our new factory. We intend to hire locally to tap into this expertise, as we live our commitment to grow with the communities we serve."
Global expertise and local footprint
Active in Europe since 2005 and being an own legal entity in 2011, Sungrow Europe has expanded its regional presence to twenty-five local representative offices, two R&D centers, twenty-six warehouses, and three Training & Technology Competence Centers and Service Centers in the region, with its European headquarters located in Munich, Germany.
If you would like to learn more about the new factory in Poland, please click here.
About Sungrow
Sungrow, a global leader in renewable energy technology, has pioneered sustainable power solutions for over 29 years. As of June 2025, Sungrow has installed 870 GW of power electronic converters worldwide. The company is recognized as the world's most bankable PV inverter and energy storage company (BloombergNEF). Its innovations power clean energy projects across the globe, supported by a network of 520 service outlets guaranteeing excellent customer experience. At Sungrow, we're committed to bridging to a sustainable future through cutting-edge technology and unparalleled service. For more information, please visit: https://www.sungrowpower.com/en
MUNICH, Feb. 5, 2026 /PRNewswire/ -- Sungrow, the global leading PV inverter and energy storage system (ESS) provider, today announced a milestone deployment in the European market with the establishment of its first manufacturing facility in Wałbrzych, Lower Silesia. The 65,400 m² facility represents an investment of €230 million and contributes to the development of a robust European clean energy manufacturing ecosystem. The factory is scheduled to become operational within the next 12 months and is expected to create 400 new jobs in the region, fostering local expertise in the renewable energy sector.
"This new facility marks an important milestone for Sungrow in Europe. It allows us to be closer to our customers, respond more effectively to market needs, and will be a cornerstone of Sungrow's strategy to bolster European supply-chain stability while creating skilled employment," said Shawn Shi, President of Sungrow Europe.
Stronger clean energy value chain in Europe
The facility is designed to support large-scale production, with an annual capacity of up to 20 GW for inverters and 12.5 GWh for energy storage systems (ESS). It will integrate advanced manufacturing and quality-assurance capabilities, ensuring high standards of product performance, reliability, and safety.
Marcin Lerner, President of the Management Board of the Wałbrzych Special Economic Zone, said: "As the Wałbrzych Special Economic Zone, we are constantly building a friendly ecosystem for the development of regional, national and international business. The Sungrow investment highlights Poland's growing strategic importance within Europe's clean-energy value stream and shows that Poland, including the industrialized and high-tech developed region of Lower Silesia, is one of the most attractive locations in Europe to scale renewable energy technologies- thanks to public support programs, stable economic growth, accessibility to technical universities and qualified employees.
In addition to strengthening local production, the facility will enhance Sungrow's logistics capabilities across Europe by locating key manufacturing activities closer to customers, reducing lead times and enabling more efficient distribution. This will support greater efficiency and resilience across the region's clean energy value chain.
Shawn Shi added: "Lower Silesia's history of skilled technical expertise in electronics, automation and advanced manufacturing made it the prime location for our new factory. We intend to hire locally to tap into this expertise, as we live our commitment to grow with the communities we serve."
Global expertise and local footprint
Active in Europe since 2005 and being an own legal entity in 2011, Sungrow Europe has expanded its regional presence to twenty-five local representative offices, two R&D centers, twenty-six warehouses, and three Training & Technology Competence Centers and Service Centers in the region, with its European headquarters located in Munich, Germany.
If you would like to learn more about the new factory in Poland, please click here.
About Sungrow
Sungrow, a global leader in renewable energy technology, has pioneered sustainable power solutions for over 29 years. As of June 2025, Sungrow has installed 870 GW of power electronic converters worldwide. The company is recognized as the world's most bankable PV inverter and energy storage company (BloombergNEF). Its innovations power clean energy projects across the globe, supported by a network of 520 service outlets guaranteeing excellent customer experience. At Sungrow, we're committed to bridging to a sustainable future through cutting-edge technology and unparalleled service. For more information, please visit: https://www.sungrowpower.com/en
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Sungrow to open factory in Europe, strengthening local capabilities
Escrow-Based Marketplace Supports Secure Transactions for International Users
SEOUL, South Korea, June 15, 2026 /PRNewswire/ -- International fans traveling to South Korea for K-pop concerts and other live performances can now use a ticket resale service designed to make transactions safer and more convenient. Ticketbay, a South Korean ticket resale marketplace, launched its global service recently and is providing escrow-based transactions and multilingual support for users around the world.
Many of Korea's major ticketing platforms rely on domestic identity verification systems, creating significant barriers for international fans seeking access to official ticket purchasing channels. As a result, overseas fans have often relied on transactions conducted through social media platforms. These transactions can expose buyers to risks such as tickets not being delivered after payment, or counterfeit or duplicate tickets that may result in denied entry at venues.
Ticketbay's global service was designed to address these concerns through a more secure transaction structure. At the core of the platform is an escrow-based payment system. Ticketbay holds the buyer's payment until the ticket has been successfully delivered and the purchase has been confirmed, releasing the funds to the seller only after the transaction is completed. This structure helps prevent common risks associated with informal social media transactions, including sellers disappearing after receiving advance payment or delivering invalid tickets.
The platform offers additional safeguards beyond escrow protection. If a performance is officially canceled, customers receive a full refund of the purchase amount. Ticketbay also offers an optional paid protection service that provides reimbursement if a customer is denied entry at the venue despite presenting a ticket purchased through the platform. For international visitors who often travel to Korea specifically to attend performances, including purchasing airline tickets and arranging accommodations, this serves as an additional layer of protection and peace of mind.
The service also offers greater payment accessibility for international users. In addition to credit cards, customers can make payments through PayPal, WeChat Pay, and Alipay, allowing them to use familiar payment methods without the need for separate currency exchange procedures. Customer support is available in English, Japanese, and Chinese, while ticket delivery options include both international shipping and local pickup in Seoul.
Within a month of launch, Ticketbay's global service recorded approximately 70,000 site visits and attracted more than 2,000 new registrations from users across 69 countries, with the largest numbers coming from Japan, China, the United States, Indonesia, and Singapore.
"As more international fans travel to Korea for K-pop concerts and live events, demand is growing for a trusted platform where fans can buy and sell tickets safely regardless of language or location," Ticketbay said. "By combining escrow-based transaction protection, multilingual support, and convenient international payment options, we aim to improve access to K-pop concerts and Korean live performances for fans around the world."
Ticketbay's global service is available at www.ticketbayglobal.com.
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
Ticketbay Expands Safer Access to K-pop Concert Tickets for Global Fans
