Emerging Markets Are Rapidly Growing

In May 2026, Sungrow Power Supply Co., Ltd. Signed an agreement with Masdar, a leading renewable energy company in the UAE, to supply a 7.5 GWh PowerTitan 3.0 liquid-cooled energy storage system for the RTC1 Plant (North) project in Abu Dhabi, along with 2.6 GW of inverters. The project is expected to be connected to the grid in 2027. This represents another world-class order for Chinese energy storage companies in the Middle East market, following the 7.8 GWh project in Saudi Arabia, the largest energy storage project in the world.