As a leader in equipment rental solutions, Herc Rentals provides teams with high-quality, specialized renewable energy equipment to build and maintain new wind and solar fields nationwide.
[pdf] When the business first started, renewable energy was only in its infancy stage and therefore Sungrow could only make traditional established products rather than developing ones. It encountered obstacles due to the weather. The turning point came in 2002 when the started a solar energy project to brings electricity to remote villages in . Sungrow participated in the project which allowed it to rapidly develop.
[pdf] The Chinese supplier also boosted its net profit by 59.29% YoY to RMB 7.73 billion ($1.1 billion), and achieved a gross profit margin of 34.36%, or a 1.94% annual increase, for which it listed economies of scale and product innovation as the factors responsible.
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