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ABB India achieves cumulative sales of 1 GW of solar inverters

24 Feb 2015 Evaluate

ABB India became the first company to reach sales of a cumulative capacity of 1GW solar inverters. This milestone was marked on February 24, 2015 with the roll out of an order for Tata Power Solar’s project for Kiran Energy Solar Power. ABB India commenced local manufacturing of solar inverters in 2012 and has since grown in partnership with key industry customers.

Technology leadership complemented with competent indigenization and reliable service, helped ABB India to quickly achieve and maintain pole position in the market over the last three years. The cumulative installed base for central inverters in India reached 3GW in 2014.

ABB is a leader in power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 140,000 people.

Peers
Company Name CMP
Waaree Energies 2503.95
Apar Industries 17070.25
Havells India 1091.95
Suzlon Energy 42.13
Siemens 3748.10
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