Loading...

String inverters gaining market share in India


21 March 2018 | Mudit Jain

String inverters gaining market share in India

Share of string inverters in the Indian solar market is increasing rapidly. It went up from only 1% until 2016 to 9% in 2017 for new utility scale solar capacity commissioned. We expect the trend to accelerate even further in the coming years.

Increased adoption of string inverters for utility scale projects is in line with experience in other international markets including USA and China. About 50% of utility scale capacity installed in China in 2016 used string inverters. In the USA, string inverter share is expected to grow up to 28% in 2020. Key reasons for increasing share of string inverters are as follows:

  • Flexibility and yield: Although efficiency of central inverters is usually higher in comparison to string inverters (about 99% vs 98.5%), string level optimization can deliver better power output with string inverters due to increased reliability and redundancy;
  • Installation time: String inverters can be installed much faster than central inverters as they do not need special containers or civil structures for housing – useful for projects with tight deadlines;
  • System availability and maintenance: String inverters can be easily replaced in case of any issue reducing the plant downtime whereas, owing to their large size, central inverters require dedicated on-site technical support;

Huawei and Sungrow, both Chinese companies, are the biggest proponents of usage of string inverters for utility scale segment. But we believe that with growing acceptance of string inverters, a few leading European companies are also looking to offer string inverters.

The main advantage for central inverters is their low upfront cost and maintenance cost. However, string inverters provide savings in BOS costs due to no requirement of string combiner boxes, container or civil structures etc. Further, falling capital and maintenance costs of string inverters means that cost advantage of central inverters has narrowed significantly in the last few years. Ultimately, the decision of string vs central inverters depends on individual project factors such as location, size, site contours and uniformity, site accessibility and installation time available.

For more details of Indian inverter market and various design and operation issues related to inverters, download our report, Inverter Design and Selection.


Recent reports

Corporate renewable market -alternative procurement options

Corporate renewable market -alternative procurement options

Corporate consumers seeking to increase share of renewable power in their consumption mix have the option of using multiple short-term procurement routes like green power exchange, renewable energy certificates (RECs), I-RECs and green tariffs.

India Solar Rooftop Map | December 2023

India Solar Rooftop Map | December 2023

India Solar Rooftop Map is an info-graphic report providing a snapshot of rooftop solar market in India – capacity addition across states and consumer segments, market share of leading players and other key trends. Total rooftop solar capacity is estimated to have reached 14,484 MW by end of 2023. Total new installations in 2023 are estimated at 2,856 MW, up only 8% over previous year.

India Solar Map | December 2023

India Solar Map | December 2023

India Solar Map 2023 is an info-graphic report covering growth of utility scale solar sector – national and state-wise commissioned and pipeline capacity, leading market players and portfolio details of top 16 project developers. Capacity addition in 2023 fell 51% YOY to 5,924 MW taking total utility scale solar capacity to 59,840 MW. Total project pipeline stands at a record 74,161 MW.

India Corporate Renewable Brief | Q4 2023

India Corporate Renewable Brief | Q4 2023

This report provides an update on key trends and developments in the corporate renewable market including capacity addition, key players, policy & regulatory issuance, financing, PPA tariffs and other market trends.

India PV Module Intelligence Brief | Q4 2023

India PV Module Intelligence Brief | Q4 2023

This report captures quarterly trends in module demand and supply, import and domestic production volumes, supplier market shares, break-up by technology and rating, global market scenario, pricing trends across the value chain, key policy developments and market outlook.

India Solar Compass | Q4 2023

India Solar Compass | Q4 2023

This report provides a detailed update of all key sector developments and trends in the quarter – capacity addition, leading players, tenders and policy announcements, equipment prices, financial deals and other market developments. It also provides market outlook for the next two quarters.

To top