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Huawei Signs 860 MW Deal with Adani Green Energy

Huawei, a global information and communication technology company, has signed an 860 MW contract with Adani Green Energy.

 

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. 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.

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