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

Sungrow, the global leading inverter solution supplier for renewables, declared that its cumulative shipments to India crossed 7 GW by the end of 2020, testimony to its wide acceptance among the leaders in India’s growing decarbonized energy space.

Accelerated growth during a tough year.

During this year, the Indian market saw a series of tenders and reverse auctions at regular intervals which kept the solar project pipeline robust for upcoming years. Riding on the wave of its latest offerings in both central and string inverters for large-scale utility projects, the firm secured some big and noteworthy orders in this highly competitive market.

“Notwithstanding many challenges this year, we were able to ship more than 3 GW of inverters in one calendar year. With this resounding number, we have consolidated our position in both utility and rooftop markets in 2020,” said Sunil Badesra, Business Head, Sungrow India. He also emphasized that Sungrow’s wide service network spread across the country to provide timely and comprehensive support to all customers.

Made in India for the surging demand

Featured products that Sungrow supplied include the 1500V, 3.125 MW central inverter solution and the 1500V string inverter, SG250HX-IN. The latest commercial series also saw huge demand in the thriving distributed rooftop market translating to a healthy market share in this price-sensitive segment. Sensing he market potential in India Sungrow had established a local production center in 2018 in Bengaluru which has been one of the key contributors to the success by offering “Made in India”

PV inverters for the local market with shortened lead time. “Since the beginning, we have produced more than 5 GW of PV inverters to cater to both global and local markets, and we see a mounting growth,” commented Sunil Badesra.

Continuous thrust on innovative solutions to meet local demand

Sungrow’s efforts in research and development have helped the firm to stay abreast of, and ahead of PV industry  norms. After a slump in 2020 due to the pandemic, the Indian solar industry is poised to accelerate capacity addition in the next two years, with down to a record low of Rs 1.99/kWh. The firm is confident that its products will be a great fit for the wide variety of terrain and other challenges that the market here throws up.

Sungrow has also been increasing its presence in the BESS space with a proven track record of system integration capabilities which is critical for safe operation of the system and is poised to meet the upcoming hybrid and storage project demands in India.

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