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Grid Tie Inverter Market

This document discusses grid-tied inverters and rooftop solar systems connected to the utility grid. It describes the key components of a grid-tied system including solar panels, inverters, and meters. It also outlines government policies supporting grid-tied rooftop solar in India, current market sizes and targets, factors driving growth, and major manufacturers in the Indian market.

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Subhrasankha Bhattacharjee
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© © All Rights Reserved
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122 views8 pages

Grid Tie Inverter Market

This document discusses grid-tied inverters and rooftop solar systems connected to the utility grid. It describes the key components of a grid-tied system including solar panels, inverters, and meters. It also outlines government policies supporting grid-tied rooftop solar in India, current market sizes and targets, factors driving growth, and major manufacturers in the Indian market.

Uploaded by

Subhrasankha Bhattacharjee
Copyright
© © All Rights Reserved
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
Download as pptx, pdf, or txt
Download as pptx, pdf, or txt
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Grid Tie Inverters

Optional Subtitle

Presented by: SSB

Page 1

Concept of Grid-Connected Rooftop System


A grid-connected photovoltaic power system, or grid-connected PV system
is an electricity generating solar PV system that is connected to the utility
grid.
A grid-connected PV system consist of solar panels, one or several
inverters/power conditioning unit and grid connection equipment.
They range from small residential and commercial rooftop systems to large
utility-scale solar power stations.
Unlike stand-alone power systems, a grid-connected system does not
includes an integrated battery solution. When connected Load power
requirement is lower than the generated Solar power, the grid-connected PV
system supplies the excess power, beyond consumption by the connected
load, to the utility grid.

Picture is for reference only.

Page 2

Major Components
Grid-Connected Rooftop System

A grid-connected system consists of five main components:


(1)

A PV array

(2)

A Grid Tie Inverter

(3)

The main service panel or breaker box

(4)

Safety disconnects and

(5)

Meters

Picture is for reference only.

Page 3

Grid Tie Inverters


System Overview

A grid-tie inverter is a power inverter that converts direct current (DC)


electricity into alternating current (AC) with an ability to synchronize with a
utility line.
Its applications are converting DC sources such as solar panels or small
wind turbines into AC for tying with the grid.

Picture is for reference only.

Page 4

Factors driving Growth


Indian Scenario

Key Market Characteristics:


Preferential tariffs for utility scale projects from central & state governments.
Parity for commercial & industrial consumers has been achieved in some of the
states.
Policies:
15 States namely AP, Chhattisgarh, Gujarat, Haryana, Jharkhand, Himachal, J&K,
Karnataka, Kerala, Madhya Pradesh, Odisha, Rajasthan, UP, TN & Telengana have
come out with their Solar Policy supporting grid connected rooftop systems.
25 States/UTs have notified (draft & approved) the regulations that include promotion
of grid connected rooftop solar systems with net metering/feed-in-tariff mechanism.
Govt. of Haryana has already issued notification for mandatory installation of Solar PV
power Plants on Domestic and Commercial buildings having area > 500 Sq. Yds
Finance:
Department of Financial Services issued instructions to all PSU banks to provide
loans under home loan/ home improvement loans.
Nine Banks namely BOI, Syndicate Bank, SBI, Dena Bank, Central Bank of India,
PNB, Allahabad Bank, Indian Bank and IOB have notified to extend loan for Grid
Interactive Rooftop Solar PV Plants as part of home loan/ home improvement loan.
Page 5

Source: MNRE, Bridge to India as on Oct 2015

Market Size
Installation
Grid Tie PCU Market
Images
shown are
for layout
purpose
only,
Size
(MWp)
(Value
in INR
Crores)
can be changed as per requirement
Cumulative Grid
interactive Rooftop
Projects

535

588

Capacity Addition
in next 12 months

455

500

Projects planned
till 2022

6500

7150

Targets during
2015-16 to 2017

10,000

11,000

Target by 2022

20,000

22,000

Source: Bridge to India & SECI as on Oct, 2015

Page 6

Market Overview

Images shown are for layout purpose only,


can be changed as per requirement

Source: Bridge to India as on Oct, 2015

Page 7

Major Players
Manufacturer

Market Share (in %)

DELTA

22.70%

SMA

18.10%

SU-KAM

7.60%

ADVANCED ENERGY

7.00%

KACO

5.10%

VISPRA

5.10%

EMERSON

5.00%

OPS INDIA

4.60%

ENERTECH

3.00%

CONSUL NEOWATT

1.90%

STATCON

1.90%

Others

17.60%

SCHNEIDER

0.40%

Page 8

Images shown are for layout purpose only,


can be changed as per requirement

Source: Bridge to India as on Oct 2015

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