GoodWe is the biggest rooftop solar inverter supplier in India

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China’s GoodWe has announced it ranked as the biggest rooftop solar inverter supplier to India for the year 2020 in a report published by JMK Research & Analytics.

The manufacturer commanded a 17% market share out of total 3268 MW rooftop PV inverter sales by both domestic and international suppliers in India. It was followed by Growatt with a 16% share and Sungrow (12%).

“GoodWe’s strategy of steady investments in R&D and its strong team of more than 400 engineers are among the reasons behind this position of leadership in such a big and competitive market,” the company stated.

Rooftop PV inverter Sales in India in the year 2020 (Source: Annual India Solar Report Card 2020 by JMK Research)

Image: JMK Research

Commenting on this incredible achievement, chief executive officer Daniel Huang stated: “India is one of the biggest markets, and GoodWe is on a mission to deliver high-quality inverters to contribute to the ongoing energy transformation.”

GoodWe started its inverter business in India in 2015. Today, it claims to have the industry’s most comprehensive residential, commercial and industrial, and utility-scale solar inverter solutions, with a wide range of products from 1 to 250 kW. 

In the last ten years, the company has brought a wide range of products to the market. GoodWe XS, DNS, and SDT G2 are the most popular for the residential sector owing to their extremely compact size with high efficiency of up to 98.3%. 

GoodWe inverters for the C&I sector are designed to maximize the return on investment for system owners. GoodWe MT and HT series are the preferred choices from this segment. The inverters have been deployed on the premises of Global Top 500 Companies like TATA, Bosch, Siemens, Toyota and Coca Cola. 

 

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