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ABB India, the Indian arm of Swedish-Swiss multinational corporation ABB, today announced it has crossed the 5,000 Megawatt mark of the capacity of solar inverters supplied in India.
“Last year, ABB India doubled its solar inverter manufacturing capacity in India. The expansion follows earlier milestones achieved by ABB India in 2015 – the first company to double the solar inverter installed base to 2GW in a span of five months,” the company said.
ABB's portfolio for solar energy including solar inverters powers around 50 percent of the country’s solar projects, the statement added. “As per market reports, India is set to become the third-largest solar market in the world in 2017 and is expected to touch about 5 per cent of the global solar capacity and ABB India is ready to support this growth,” the company said.
According to the company’s statement, ABB supplied solar inverters for projects amounting to around 40 per cent of India’s total 13,000 Mw installed solar capacity.
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