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<p><a href="https://en.sungrowpower.com/" target="_blank" rel="noopener">Sungrow</a>, <a href="https://en.si-neng.com/" target="_blank" rel="noopener">Sineng Electric</a>, and <a href="http://www.tbeaindia.com/" target="_blank" rel="noopener">TBEA Energy</a> were the top solar inverter suppliers in the Indian solar market in the first half (1H) of the calendar year (CY) 2021, according to Mercom’s recently released <a href="https://mercomindia.com/longi-jinko-adani-top-solar-module-suppliers/" target="_blank" rel="noopener">India Solar Market Leaderboard 1H 2021</a> report.</p>
<p>The report provides insights into the industry leaders’ market share and shipment rankings across the Indian solar supply chain.</p>
<p>The top three solar inverter suppliers accounted for 56% of the total market share in 1H 2021. The top five suppliers represented 78% of the overall market share in 1H 2021.</p>
<p><strong><img decoding="async" loading="lazy" class="aligncenter wp-image-30369" src="https://mercomindia.com/wp-content/uploads/2021/11/Leading-Solar-Inverter-Suppliers-in-India-1H-2021-Jan-June-300x165.png" alt="Leading Solar Inverter Suppliers in India 1H 2021 (Jan-June)" width="600" height="329" srcset="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2021/11/Leading-Solar-Inverter-Suppliers-in-India-1H-2021-Jan-June-300x165.png 300w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2021/11/Leading-Solar-Inverter-Suppliers-in-India-1H-2021-Jan-June-768x422.png 768w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2021/11/Leading-Solar-Inverter-Suppliers-in-India-1H-2021-Jan-June-650x357.png 650w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2021/11/Leading-Solar-Inverter-Suppliers-in-India-1H-2021-Jan-June-624x342.png 624w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2021/11/Leading-Solar-Inverter-Suppliers-in-India-1H-2021-Jan-June-600x329.png 600w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2021/11/Leading-Solar-Inverter-Suppliers-in-India-1H-2021-Jan-June.png 1392w" sizes="(max-width: 600px) 100vw, 600px" /></strong></p>
<p><strong>String inverters</strong></p>
<p>String inverters, which have made rapid inroads into the Indian solar market in recent years, accounting for 44% of the total shipments in 1H 2021. Huawei, Sungrow, and Solis Inverter, GoodWe, and Growatt were the top five suppliers in this category. The top five suppliers accounted for 76% of the overall market share in 1H 2021.</p>
<p><strong>Central inverters</strong></p>
<p>In 1H 2021, central inverters accounted for 56% of the total shipments. Sineng Electric led the way with 34% of the market share, followed by TBEA Energy, Sungrow, FIMER (formerly ABB), and Delta Electronics India.</p>
<p>Sungrow, Huawei, and Sineng Electric <a href="https://mercomindia.com/sungrow-huawei-and-sineng-top-inverter-suppliers/" target="_blank" rel="noopener">were</a> the top solar inverter suppliers to the Indian solar market in CY 2020.</p>
<p>In August 2021, the Ministry of New and Renewable Energy <a href="https://mercomindia.com/deadline-bis-certification-solar-inverters-extended-4/" target="_blank" rel="noopener">issued</a> a notification extending the self-certification of solar photovoltaic (PV) inverters from June 30, 2021, to December 31, 2021, subject to the condition that the manufacturers have valid International Electrotechnical Commission certificates and test reports from international test labs.</p>
<p>In the Budget 2021, the Finance Minister <a href="https://mercomindia.com/customs-duty-incentivize-manufacture-nverters/" target="_blank" rel="noopener">proposed</a> to raise the customs duty on solar inverters from 5% to 20% to encourage domestic production.</p>
<p>In a webinar hosted by Mercom in June, panelists <a href="https://mercomindia.com/ai-string-solar-inverters-lead-way-coming-years/" target="_blank" rel="noopener">noted</a> that inverter improvements, including greater granularity of MPPT, use of artificial intelligence with more capable algorithms, are expected to handle the changing demands of the solar industry.</p>
<div class="saboxplugin-wrap" itemtype="http://schema.org/Person" itemscope itemprop="author"><div class="saboxplugin-tab"><div class="saboxplugin-gravatar"></div><div class="saboxplugin-authorname"><a href="https://cms.mercomindia.com/author/harsh-shukla/" class="vcard author" rel="author"><span class="fn">Harsh Shukla</span></a></div><div class="saboxplugin-desc"><div itemprop="description"><p><img class="alignleft" src="https://mercomindia.com/wp-content/uploads/2022/02/Harsh-Shukla-293x300-1-new.jpg" width="99" height="102" /><a href="https://mercomindia.com/author/harsh-shukla/" target="_blank" rel="noopener"><strong style="color: #00b451">Harsh Shukla</strong> </a>is a staff reporter at Mercom India. Previously with Indian Express, he has covered general interest stories. He holds a Masters Degree in Journalism from Symbiosis Institute of Media and Communication, Pune.</p>
<p><a href="https://mercomindia.com/author/harsh-shukla/">More articles from Harsh Shukla.</a></p>
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Sungrow, Sineng and TBEA – Top Solar Inverter Suppliers in 1H 2021

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