ABB surpasses 2 GW solar inverter capacity in India
Power and automation technology solutions group ABB on Friday said it has surpassed its installed base of 2 GW of solar inverter capacity in India.
“ABB has become the first company in the country to surpass an installed base of 2 GW of solar inverter capacity, doubling the 1 GW installed base it had in March 2015,” a statement issued stated.
The additional 1 GW came from multiple orders from leading solar power developers and from selling components to solar EPCs, it said.
“India is one of the world’s fastest growing solar markets, and ABB has steadily built this business up over the years. This has provided invaluable insights into the local needs and allows us to continue innovating solutions for the country,” company’s Discrete Automation and Motion Division President, Pekka Tiitinen said.
He said the company’s next level strategy will be to build around expansion opportunities into promising growth markets.
“Today we can deliver up to 3 GW of inverter capacity from Bengaluru each year, supported by local engineering and service expertise,” Tiitinen added.