Sungrow Surpasses 14-GW Shipments in Indian Solar Market

Sep 30, 2022 11:56 AM ET
  • Sungrow claimed that it took less than one year to reach 14-GW as the 10-GW record was attained in November, 2021.
  • The shipment of 14-GW took place in a span of simply eight years.

Leading global inverter as well as power storage space system vendor for RE, Sungrow Power Supply, has stated that it has actually surpassed 14 GW inverter shipments in the Indian market.

Sungrow claimed that it took less than one year to get to 14-GW as the 10-GW record was accomplished in November, 2021. The 4 GW sales ever since are a reputable success, mirroring the speed of India's own sustainable additions.

Since May 2022, the complete renewable energy capacity in India stood at 159.95 GW, reporting a rise of regarding 109.4% compared to 2014, the year when Sungrow entered this market. Over the past eight years, it has actually shipped over 14GW of inverters cumulatively to India

The inverters were applied in several key projects including the 400 MW project in Bhadla Solar Park of Rajasthan, 250 MW Ayana Plant in Andhra Pradesh and 70MW Kayamkulam floating PV.

Sungrow claimed that it was ranked as the Top 1 inverter supplier in 2021 by a residential research study company with over 30% market share. It declares to have actually preserved this lead in the very first two quarters of 2022.

Sungrow was one of the earliest foreign players to invest in regional production, and commemorated the expansion of it's 5 GW capacity local manufacturing facility to 10 GW this year. The manufacturing facility was founded in 2017 and also was broadened to 10 GW capacity in March 2022. Sungrow claims that it's the only firm in India which can make all kinds of inverter devices and also it likewise produces enormous chances for investment tourist attraction and employment.

The business is confident of providing services pertinent for the Indian market, such as the 1+ X modular inverter, SG320HX for large-scale projects, SG125CX-P2 as well as SG33CX-P2 for the emerging C&I sector, and the liquid-cooled ESS ST2752UX (PowerTitan) to offer the upcoming demand for power storage space. The thorough product portfolio has actually also gotten on display at the ongoing REI 2022 show

Sungrow asserts to have achieved greater than 269 GW of setups worldwide as of June 2022.


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