SMA sold in 2017 more than 1 GW inverters in India

40 MW PV plant Nagaur, Rajasthan, India

SMA Solar Technology AG has sold more than 1 GW of solar inverters into all market segments in India in 2017. SMA inverter sales in the commercial segment have doubled compared to last year. This corresponds to a market share of 30 percent in the commercial segment and 20 percent market share in the utility segment. In total, the installed inverter base in India exceeds 3 GW.
»India is one of the key markets for SMA in Asia Pacific. In the last 3 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.
© PHOTON

Related News