Sungrow Surpasses 14GW Shipments in Indian Solar Market

Sungrow announced that it has surpassed 14GW inverter shipments in the Indian market.

It takes Sungrow less than one year to complete this achievement as the 10GW record was only made in November 2021. Fast-increasing shipment indicates Sungrow's steady expansion and the market-dominating position in India.

Currently, the REI 2022 is taking place in India; Sungrow's announcement of the 14GW+ shipment record will inject more confidence into this country's RE industry.

The development of India's renewable energy industry is stunning. The policy supports, combined with the vibrate private investing market as well as technological progress make India remain the leader within the global renewable industry.

As of May 2022, the total renewable energy capacity in India stood at 159.95 GW, reporting an increase of about 109.4% compared to 2014, the year when Sungrow entered this market.

Over the past eight years, Sungrow has shipped over 14GW of inverters cumulatively to India, which were applied in many benchmark projects including the 400MW PV plant in the Bhadla Solar Park, Rajasthan, the 250MW Ayana Plant in Andhra Pradesh, India's largest floating PV plant of 70MW in Kayamkulam etc.

Their deliveries satisfy the huge demand for clean electricity driven by rapid growth in the economy and population size and increase the national adoption of green energy.

In addition, Sungrow also broke several records in terms of shipments over the past few years. It was ranked as the Top 1 inverter supplier in 2021 by JMK Research and Mercom, with over 30% market share.

In the first two quarters of 2022, Sungrow continued to be the Top 1 inverter supplier, according to the calculations of Bridge to India and JMK Research respectively.