Huawei Inks Deal with Adani Green Energy for 860 MW of Solar Projects

Huawei, a global information and communication technology company, has signed an 860 MW contract with Adani Green Energy, the renewable energy arm of Adani Group.

According to Huawei, its newly launched FusionSolar Smart PV Solution 6.0 brings higher yields and smarter performance at an optimal levelized cost of electricity (LCOE), which would provide Adani with better output with the same asset.

Huawei was the top string inverter supplier in 2018, according to Mercom’s India 2019 Solar Market Leaderboard. Cumulatively, the company has supplied more than 3 GW capacity to India.

Delta Power, Solis, ABB, and Sungrow rounded off the Top 5 list for string inverter suppliers in India accounting for a combined 77% share of the market.

In the first half (1H) of 2019, the top five solar inverter manufacturers in China accounted for 36.44% of inverter exports globally from China according to the latest trade data. Huawei, Sungrow, Solis, Goodwe, and Growatt came out as the top five inverter companies in China in 1H 2019. String inverters are expected to see a much higher market share in the future with advances in technology and reduction in price.

Earlier, Mercom had reported that choosing an inverter for a large-scale solar project in India has historically been an easy one. However, with the entrance of string inverters, the decision for EPC players and developers are no longer as simple as they used to be.

According to Mercom’s India Solar Tracker, Adani’s solar portfolio shows that the company’s large-scale solar projects which are in operations as of Q2 2019 are ~2 GW while ~1.7 GW are in the pipeline.

Meanwhile, in August 2019, the Ministry of New and Renewable Energy (MNRE) has approved the series guidelines for grouping solar inverters. These series guidelines pertain to conducting tests in laboratories for the implementation of quality control order that was introduced in 2017.

Image credit: Scatec Solar