What is the current size of India’s solar inverter market? What kind of growth has been observed by the industry in value terms over the recent years?
Solar power in India is a fastest growing industry. The country’s solar installed capacity touched 20 GW in February 2018. According to India’s 2017 budget, the Government concentrated on renewable addition and has stated the second phase of solar park addition of 20,000MW, which is keeping in track with India’s commitment to achieve 175,000 MW of Renewable Power capacity by 2022.
The Government has specified several initiatives to enhance SME and MSME industries. It is hoped that industrial demand will revive and may help domestic companies improve their capacity utilization. The Government has echoed its commitment to deliver electricity to 18,000 villages by May 2018 and has increased the provision of funds to rural electrification programme.
Tell us about your key product offerings and USP? To date, what has been your company’s cumulatively supply of inverters in India? What has been your gain in the market share in the recent years?
Delta Group offers the products with certifications by UL, IEC and JET by which we position ourselves as a global supplier. We offer world class inverters with best-in-class features, reliability and efficiencyalong with attractive pricing benefits without compromising on quality and service.
In addition to their Industry’s high efficiency (up to 98.8%), Delta inverters are characterized by long service life; and are easy to install, maintain and monitor. With our well-established pan India presence and highly motivated and trained technical support team, we are offering Delta customers fast and reliable local service support in terms of Application Engineering and After-sales Service support.
We also have our product line in central inverters segment as well; DelCEN1000, a 1MW indoor inverter; C1000, a 1 MW outdoor inverter; and DelCEN3000, a 3MW outdoor inverter in 1000VDC DC input segment. These inverters are having highest power density in its class. The outdoor inverters do not require any additional shelter or control room, thereby saving installation cost to the customers.
By using the advanced liquid cooling technology our central inverters will not be de-rating up to 550C; and delivers additional power output (than rated) at lower ambient temperatures. The DelCEN3000 is first in the market in 1000VDC segment which is completely outdoor. And our upcoming inverter 1500VDC, 2.5 MW inverter by Q2,2018 to address the current market requirements, in this segment.
We have developed solutions for Monitoring and Power Management Control which ensures that our customers are getting the most out of installed system. More than 2000+ different sites are being monitored with our in-house monitoring system-DelREMO. Delta inverters are SCADA compatible and have been proven in some of the most demanding projects in India and abroad.
The market is moving towards advanced products and technologies, what has been your contribution in this area?
Being the world leader in Power conversion technology, we at Delta offer a comprehensive product range of solar inverters, accessories and services to our partners and installers and the best photovoltaic systems to maximize profit. With over 1000+MW of string and central grid-tied solar inverters already installed in India.
Our new Renewable Power Inverters (RPI) has a wide range of frequency and voltage tolerances, single and dual Maximum Power Point Tracking topologies with dynamic and adaptive algorithm to give higher efficiencies coupled with competitive pricing. In line with the market demand, we have launched 3kW and 5kW wifi version inverters for home applications; Hybrid inverter E5, with customizable multiple operation modes and ES30 for energy storage applications.
Delta is continuously enhancing our engineering capabilities and is committed to developing innovative technologies cum solutions for a better tomorrow. And we identify the emerging trends and adapt capture it quickly.
What is your outlook for the inverter market in India? What are your future plans?
Currently, we stand at the 1st position for Rooftop Inverters according to Bridge to India annual report.
The 93GW goal by 2022 has developed a resolution in the Indian Solar industry. Government is taking ample steps to create the investor’s interest by increasing energy petition and developing worldwide acceptance towards solar energy these are the great opportunities for the Indian Solar industries to rapidly propagate.
We are investing 500 Million USD at our proposed Krishnagiri manufacturing setup and in Bangalore R&D lab. In today’s highly competitive PV business where uptime is critical and productivity is of prime importance Solar Inverters or Power Conditioning Units, being the heart of PV system, play a critical role. The inverter market is extremely fluid with ongoing innovations in technology, design and functionality raising efficiency and lowering costs.
Being a world leader in Power conversion technology, Delta offers a complete product range of solar inverters, accessories and services to our partners and installers and the best photovoltaic systems to maximize profit. With over 900+MW of string and central grid-tied solar inverters already installed in India. The new Renewable Power Inverters (RPI) will provide wide range of frequency and voltage tolerances, single and dual Maximum Power Point Tracking topologies with higher efficiencies coupled with competitive pricing.
Delta is continuously enhancing our engineering capabilities and is committed to developing innovative technologies and solutions for a better tomorrow…