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 supplier landscape. Bridge to India's Jasmeet Khurana investigates.
Grid curtailment of solar power is already affecting Germany and China despite billions being spent on grid projects. With a target of 100GW, India is hoping to get 8% of its power requirements from solar PV by 2022, which is a higher penetration than both Germany and China today. Jasmeet Khurana, associate director, consulting, Bridge to India, investigates the potential for future curtailment of solar power in India and its consequences while identifying which states might be most affected.