Understanding the solar inverter market in India

BRIDGE TO INDIA | 30 September 2016

Globally, 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. Prices for central inverters have fallen by 17% in the last year to about US¢ 3/W for most suppliers. SMA and GE inverters, however, are still


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