Today marks the official launch of Sungrow's PowerMatrix™ matrix inverter, along with its core matrix inverter system. This innovative inverter seamlessly integrates photovoltaic inversion, energy storage conversion, energy routing, and grid-forming control functions, positioning itself as a pivotal energy node within the new power system framework. The matrix inverter system transcends the constraints of traditional architectures by adopting a unified architecture and a system-level collaborative design approach. Through a series of comprehensive cost-saving initiatives, it achieves a reduction of over 10% in the Balance of System (BOS) cost. Simultaneously, it optimizes full-link efficiency, resulting in a decrease of over 2% in the Levelized Cost of Energy (LCOE). This groundbreaking advancement offers the industry a novel solution that excels in cost-effectiveness, efficiency, and stability, thereby facilitating the transformation of new energy sources from intermittent power supplies into reliable, sustainable, and grid-forming primary power sources.