SOFAR’s Innovative Strategy Boosts Solar PV Inverter Shipments to 5 GW in India, Accelerating the Country’s Renewable Energy Transition – EQ
India – SOFAR, a global leader in solar PV and energy storage solutions, has announced a major milestone in its Indian operations, surpassing 5 GW in cumulative Solar PV Inverter shipments. This achievement underscores the company’s pivotal role in supporting India’s rapid renewable energy expansion. Notably, in the first half of 2024 alone, SOFAR shipped over 1.3 GW, significantly accelerating its impact on the Indian solar market.
Strategic Innovation Driving Growth
SOFAR’s success in India is closely linked to its innovative product strategy and localization efforts. By launching a comprehensive portfolio of advanced string inverters, SOFAR has been able to meet the growing energy demands of Indian customers while addressing the region’s unique challenges. The company’s mature inverter technology has gained widespread adoption, positioning it as a trusted partner for both utility-scale and commercial & industrial (C&I) projects.
“Our inverter technology has evolved significantly and now plays a critical role in India’s energy transition,” said Sunil Tiku, India Country Manager at SOFAR. “We are proud to have surpassed 5 GW in shipments, and we are committed to continuing our investment in innovation and local service support to meet the needs of our Indian customers.”
Commitment to Localized Service and Support
SOFAR’s success in India is not just about cutting-edge technology but also about its commitment to localized service. The company has established regional branches, storage centers, and service hubs across India to provide faster and more efficient service to its customers. With a fully operational service center and registered office in Ahmedabad, Gujarat, SOFAR ensures that customers receive the support they need, when they need it, while its team is strategically positioned in key regions across the country.
This localized approach is crucial in India’s renewable energy market, where service responsiveness and technical support are vital to the success of large-scale projects. “In the future, we’ll continue focusing on technological innovation and service optimization to expand our business footprint and deliver robust localized support,” added Sunil Tiku.
Responding to Market Evolution and Future Proofing
SOFAR has also demonstrated an acute awareness of the evolving Indian solar market. The trend toward larger block sizes and the shift from 1000V to 1500V systems, particularly for utility-scale projects, has reshaped the landscape. SOFAR’s R&D team is already working on solutions that go beyond 1500V, ensuring the company remains at the forefront of technological advancements in India’s solar sector.
Furthermore, as energy storage becomes an increasingly critical component of India’s renewable energy ecosystem, SOFAR is preparing to scale up its storage solutions to meet the future demands of a grid that is progressively reliant on intermittent renewable sources like solar. “We are committed to driving innovation in the energy storage space, which will play a crucial role in stabilizing India’s grid and supporting large-scale renewable integration,” said Sunil Tiku.
Strong Performance at Renewable Energy India 2024
SOFAR’s innovative solutions were also on full display at the Renewable Energy India (REI) Expo in Greater Noida, where the company showcased its 350 KW Three-Phase Utility PV Solution. The SOFAR 350KTLX0 inverter, part of the PowerMega series, received strong market feedback for its high efficiency, reliability, and ease of installation. This inverter, alongside the PSC 100 communication cabinet, is particularly suited for large-scale utility and C&I projects, where operational efficiency and long-term reliability are essential.
SOFAR’s participation at REI 2024 not only highlighted its advanced product offerings but also reinforced its strong market presence in India. The company’s PowerMega series continues to gain traction, with several large-scale projects already incorporating SOFAR’s inverters.
Trusted by Industry Leaders
SOFAR’s PowerMega series, particularly the SOFAR 350KTLX0 inverter, has become the go-to choice for EPCs, IPPs, and C&I developers. Its high-efficiency design, combined with reliability and ease of installation, has made the inverter a preferred solution for developers seeking long-term operational excellence. As a result, SOFAR has cemented its reputation as a trusted partner for large-scale solar investments, with a growing list of key industry players relying on its technology for their renewable energy projects.
Looking Ahead: SOFAR’s Role in India’s Renewable Future
India’s renewable energy ambitions are vast, with the country targeting 500 GW of renewable capacity by 2030. SOFAR’s role in this transition is clear: it is not only a technology provider but a strategic partner that is actively shaping the future of India’s energy landscape. From high-voltage inverters to scaling up energy storage, SOFAR’s forward-looking approach is aligned with India’s evolving market needs.
As the Indian market moves towards larger-scale projects and the integration of energy storage, SOFAR is well-positioned to continue its upward trajectory. With a proven track record of innovation and a commitment to localized service, SOFAR is set to remain a critical player in the country’s renewable energy journey.
About SOFAR
SOFAR is a global leader in solar PV and energy storage solutions, providing innovative and reliable products to customers worldwide. With a strong commitment to technological advancement and localized service, SOFAR is dedicated to driving the growth of renewable energy and contributing to a sustainable future.
