Sungrow Ends 2020 on High, Crossing 7 GW PV Inverter Shipments in India

Jan 8, 2021 03:26 PM ET
  • Sungrow, the worldwide leading inverter remedy distributor for renewables, declared that its advancing deliveries to India crossed 7 GW by the end of 2020, testimony to its broad approval amongst the leaders in India's expanding decarbonized power space.
Sungrow Ends 2020 on High, Crossing 7 GW PV Inverter Shipments in India

Increased growth during a challenging year.

During this year, the Indian market saw a collection of tenders and also turn around auctions at normal intervals which kept the solar project pipeline durable for upcoming years. Riding on the wave of its latest offerings in both central and string inverters for large-scale energy projects, the firm secured some huge and noteworthy orders in this highly open market.

" Notwithstanding lots of challenges this year, we were able to deliver greater than 3 GW of inverters in one fiscal year. With this resounding number, we have actually combined our placement in both utility and also roof markets in 2020," claimed Sunil Badesra, Business Head, Sungrow India. He additionally emphasized that Sungrow's vast service network spread across the country to offer prompt and also extensive assistance to all customers.

Made in India for the surging need

Included items that Sungrow supplied consist of the 1500V, 3.125 MW main inverter option as well as the 1500V string inverter, SG250HX-IN. The most up to date commercial series likewise saw significant demand in the growing dispersed rooftop market equating to a healthy and balanced market share in this price-sensitive segment. Sensing he market possibility in India Sungrow had established a regional manufacturing center in 2018 in Bengaluru which has actually been among the key contributors to the success by providing "Made in India"

PV inverters for the regional market with shortened preparation. "Since the beginning, we have produced greater than 5 GW of PV inverters to accommodate both international as well as local markets, as well as we see an installing growth," commented Sunil Badesra.

Continual drive on ingenious remedies to meet local demand

Sungrow's efforts in r & d have aided the firm to stay abreast of, as well as ahead of PV sector norms. After a downturn in 2020 due to the pandemic, the Indian solar market is positioned to accelerate capability enhancement in the next 2 years, with down to a record low of Rs 1.99/ kWh. The company is positive that its products will certainly be a fantastic fit for the wide array of terrain and other difficulties that the market below regurgitates.

Sungrow has likewise been enhancing its presence in the BESS space with a tested record of system integration capacities which is essential for risk-free procedure of the system as well as is poised to fulfill the future hybrid as well as storage project demands in India.