A recent GOGLA report indicates an increasing trend towards hybrid power solutions that integrate DC solar with AC grid power, and appliances that integrate both AC and DC power. In particular, the sales of hybrid solar inverter UPS in India is growing at 25% annually, much faster than conventional inverters’ 10% annual market growth.
Bridge to India figures show dominance of Chinese inverters, which supplied almost 80% of installs from July last year to the end of June.
Some 5.9 GW of utility scale PV generation capacity was added in 2019-20, plus 1.7 GW of rooftop solar, with domestic module manufacturers enjoying around 40% of the market.
June 11 is the new deadline to bid for supply of the balance-of-system (BOS), installation and commissioning of 735 (3×245 MW) Nokh Solar Park project in Jaisalmer district.
The artificial intelligence powered inverter and PV management solution—which powers over 96% renewable capacity installed by Adani Green Energy—was also used for the 50 MW solar plant commissioned recently in Rajasthan.
Analysis from Wood Mackenzie shows global inverter demand grew 18% last year. The ten largest inverter suppliers accounted for 76% of the global trade.
China’s Growatt emerged as the largest rooftop solar inverter supplier, claiming around 21% of the 1534 MW market, followed by rivals Solis (18%) and Sungrow (17%).
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