29 Sep '16, 8am

The #solar inverter market in #India

The #solar inverter market in #India

Jasmeet Khurana, associate director, consulting, Bridge to India. Credit: Bridge to India Globally, the top 10 inverter suppliers accounted for around 75% of shipments in 2015. In India, the market is even more concentrated as the top 10 suppliers accounted for over 85% of shipments. Despite this, there is intense price competition and churning in the supplier landscape. Prices for central inverters have fallen by 17% in the last year to about US$0.03/W for most suppliers. SMA and GE inverters, however, are still priced at a substantial premium. Utility-scale solar The market for utility-scale solar projects in India is dominated by central inverters – ‘the bigger, the better’ seems to be the mantra. While the most common offering until now has been 1MW sized inverters, several companies have now started offering bigger inverters with capacity of 1.8-2.5MW. These are all c...

Full article: http://www.pv-tech.org/guest-blog/understanding-the-solar...

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