EQ iSearch Intelligence Report on India's Solar Industry June-2021

Page 26

in USD

SOLAR MODULES PROCURER IN INDIA IN 1H OF CY 2020-21 (JAN TO JUN)

Source: Export & Import Trackers

EQ iSearch

INDIAN DEVELOPER

PV INVERTER Out of the total inverter imports in India, String Inverter import value is around $21.66 million. Sofar Solar was the top supplier with a market share of 26.9 % followed by Sungrow and Growatt with 19.9% and 11% respectively. GoodWe and Foxess have a market share of 8.7% and 7.7%.

STRING INVERTER IMPORT IN TO INDIA IN Q1 OF CY 2020-21 (JAN TO MAR)

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iSearch June-2021

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