Sungrow

The procurement will be worth an estimated $2.25 billion, and will stipulate the use of 1.2 GW of Indian-made equipment. The power generated will replace 4 GW of coal-fired electricity consumption used by the railways.

According to IHS Markit, energy storage inverter shipments are on track to reach 3 GW in 2018, growing to 7 GW by 2022. Currently, SMA is the market leader. Overall, the competitive landscape is “highly volatile” with expectations that consolidation will continue.

The Chinese-based manufacturer has closed a deal for the supply of its inverter solutions to the large-scale solar project in southern Vietnam. Sungrow says it has deployed a total of 1 GW of solar projects in Vietnam.

The 12th Renewable Energy India (REI) Expo opened its doors today; the booming music and bright sunshine mirroring India’s ambitious goals to become the biggest RE market in the world. In the opening conference, the government’s commitment to renewables was underlined, while BNEF said the country will have one of the highest penetrations of solar and wind, globally, by 2050. Companies are also starting to look to India for manufacturing opportunities, although the landscape is still filled with uncertainty.

Hydropower company, Dai Hai Power is working on a 100 MW solar PV plant near Buon Me Thuot City, Vietnam. Sungrow will supply the necessary inverters.

The Chinese solar PV inverter manufacturer officially opened its first non-domestic fab today: a 3 GW central and string inverter factory in Bengaluru, Karnataka. It is targeting a 50% market share in India in 2019, and mulling setting up an R&D center in the country. pv magazine attended the inauguration.

Inverter manufacturers tapped into the major theme of digitization in their product presentations at this year’s Smarter E event in Munich – of which Intersolar Europe is a part of. The solutions deploy smart software solutions for maximizing self-consumption, O&M provision and enable hybrid architectures across all three market segments.

Representations by big beasts of global PV win only a partial concession from the authorities in Beijing, with officials agreeing to honor FIT payments for any ground mount projects connected during the next three weeks.

Sungrow, the world’s second largest inverter supplier, according to GTM research, has announced plans to establish production facilities in India. The Chinese inverter company is aiming to strengthen its global delivery capability by setting up central and string inverter facilities in the state of Karnataka. The fab would be its first outside of China.

According to the latest GTM Research statistics, global inverter shipments increased 23% in 2017, and revenues 11%, thus representing another record year. A market first, three-phase string inverter shipments overtook those of central inverters.