Major PV inverter manufacturer SMA Solar Technology has sold more than 1GW of solar inverters in India during 2017 and has now exceeded 3GW of cumulative sales in the country.
The firm’s sales in the commercial segment have already doubled compared to last year and it now has a 30% market share in this segment. The company also claims to have a 20% market share in the utility-scale segment in india.
Try Premium for just $1
- Full premium access for the first month at only $1
- Converts to an annual rate after 30 days unless cancelled
- Cancel anytime during the trial period
Premium Benefits
- Expert industry analysis and interviews
- Digital access to PV Tech Power journal
- Exclusive event discounts
Or get the full Premium subscription right away
Or continue reading this article for free
“India is one of the key markets for SMA in Asia Pacific. In the last three years, we see the strong commitment from the Indian government as well as the growing market demand in the solar sector,” said John Susa, executive vice president of SMA Sales North America/APAC.
“We are very happy to see that our business growth not only comes from central inverters for utility-scale PV power plants but also from string inverters for the growing commercial segment,” said Rakesh Khanna, managing director of SMA India.
SMA opened its sales and service subsidiary in India in 2010.
