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solar inverters

Schneider Claims 20% Share In India’s Solar Power Market

written by saurabh

Schneider Electric India is looking to increase its footprint in the rapidly expanding Indian solar power market.

The company recently announced that it aims to increase its share in the Indian solar power market to 25% in the near-term. Schneider Electric supplies inverters, transformers and other medium-voltage equipment that enable evacuation of power generated from solar power projects.

“We are on the verge of contributing 25 percent of the total installed solar capacity in India. Our share as well as contribution to India’s solar sector is only going to increase given the rapid growth witnessed by the sector on the back of the 100 GW target to be achieved by 2022,” Anurag Garg, vice president, solar business, Schneider Electric India.

India has an installed capacity of 10,000 megawatts solar power projects. Schneider claims that it has supplied equipment for 2,000 megawatts of projects, giving it an impressive share of 20%. By March 2017, the company is expected to supply an additional 500 megawatts of equipment.

Schneider’s equipment have been installed almost all the states that lead solar power generation in India. The company manufactures these equipment at four different facilities in the country.

Several companies have managed to reap fruits of the rapid expansion in the Indian solar power market over the last few years. One of Schneider’s competitors (at least in the inverter segment), SMA Solar, commands 26% share in the market. SMA Solar shipped 1,000 megawatts of inverters to solar power projects in 2016, with a total of 4,000 megawatts of solar power projects added in the country.

Image by vectoropenstock.com for Cleantechies

02/22/2017 0 comment

Renewable Energy

Greenko Energy Holdings Orders 616 Megawatts Solar Inverters From SMA

written by saurabh

Greenko Energy Holdings, which now controls solar power assets of SunEdison India, has given a large order of solar inverters.

SMA, one of India’s major solar inverters providers, has landed an order to supply 616 MW of inverters for Greenko’s solar power projects in the states of Karnataka and Andhra Pradesh. SMA shall supply Greenko with its ‘high-performance, cost-efficient’ Sunny Central 1000CP XT inverters.

The solar inverters are likely to be used at, perhaps, the largest solar power project being developed by a single company in India. SunEdison India had secured the rights to develop a 500 MW solar power project in Andhra Pradesh.

SunEdison had secured the project at a record-breaking tariff of ₹4.63 per kWh (US¢7.12/kWh) beating several leading project developers, including Trina Solar, SkyPower, ACME Solar, Aditya Birla, Azure Power, Welspun Energy, ReNew Power, and Suzlon Energy.

Greenko Energy Holdings seems to be progressing well with the project. Recently, the Solar Energy Corporation of India (SECI) received payment of $30 million as fees for the development of a 500 MW project. The project was secured by SunEdison India through competitive auction.

12/19/2016 0 comment

Renewable Energy

ABB India Boosts Solar Inverter Manufacturing Capacity

written by saurabh

ABB India, the power and automation technology company has inaugurated a new solar inverter manufacturing unit in Belanguru, India. The new factory will double the company’s manufacturing capacity in India.

Till now, ABB had been supplying central inverters to the Indian solar market from just one production facility at Nelamanagala, Belanguru which started production in 2012. The Nelamanagala facility manufactures ABB’s PVS800 central inverter series which gained popularity in India due to their ease of commissioning and reliable performance even in harsh climates.

India has installed over 8 GW of solar projects, out of which, 6.5 GW project uses ABB inverters. According to company’s estimate, around 40% i.e. 2.65 GW of the utility-scale projects in India utilize central inverters manufactured by ABB at Nelamanagala facility.

Last year, the company had announced that it become the first-ever company to achieve installed solar inverter capacity of 2 GW in span of just five months. Earlier this year, ABB India announced that it commissioned five sub-stations to connect India’s largest solar power project to the grid. The company installed the sub-stations at the planned 648 MW solar power by Adani Enterprises in Tamil Nadu.

ABB central inverters range from 2 kW to 2 MW which are ideal for residential rooftop usage as well as cost-efficient megawatt scale power plants.

While inaugurating a new facility, ABB India CEO and Managing Director Sanjeev Sharma said, “ABB a global leader in solar inverter technology, has been powering solar projects across the country spanning the entire solar photovoltaic (PV) value chain, a key component of which has been our solar inverter technology, made in India.”

09/20/2016 0 comment

Renewable Energy

Ontario Bets on Alternative Energy For Sustainability and Job Creation

written by Walter Wang

As part of an official initiative to attract clean energy companies to the province of Ontario in Canada, Samsung and SMA Solar Technology have entered a partnership to build industrial-size solar inverters at Celestica’s facilities in Toronto.

Inverters are electric devices that convert energy

04/27/2011 0 comment