ABB's Discrete Automation and Motion Division President, Pekka Tiitinen said the company's next level strategy will be to build around expansion opportunities into promising growth markets.
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.
The Bengaluru facility manufacturers its PVS800 central inverter series rated from 100 KW to 1 MW, which are designed for multi-megawatt PV power plants as well as large PV installations on commercial and industrial buildings, the release stated.
ABB provides a portfolio of products, systems, solutions and services along the solar PV value chain that enable the generation, transmission and distribution of solar power for grid-connected and microgrid applications.
Its offering includes inverters, low-voltage products, monitoring and control systems, grid connection, stabilisation and integration products, as well as complete electrical balance of plant solutions.