According to statistics, India's imported photovoltaic module installed capacity increased by 138% in the fourth quarter of 2023, while exports fell by 38.5%. The reason for the surge in imports of photovoltaic modules is the sharp drop in prices. Compared with the third quarter of 2023, the price of photovoltaic modules imported by India in the fourth quarter of 2023 dropped by 7% to 13%.
The photovoltaic industry is booming in India, and photovoltaic inverters are an important part of the photovoltaic industry. This article will introduce you to the top 10 best inverter brands in India, including basic information and main products of each company, and introducing the features of their inverter products.
Main content:
1. Top 10 best inverter brands in India in 2024
Here are the top 10 best inverter brands in India, namely Polycab, TYCORUN, Sungrow, FIMER, Sineng, Havells, Solis, Evvo Solar, Statcon Energiaa, Waaree Energies. Rank in no particular order.
Ranking |
Company |
1 |
Polycab |
2 |
TYCORUN |
3 |
Sungrow |
4 |
FIMER |
5 |
Sineng |
6 |
Havells |
7 |
Solis |
8 |
Evvo Solar |
9 |
Statcon Energiaa |
10 |
Waaree Energies |
① Polycab
Established date |
January 10, 1996 |
Global headquarter |
Gujarat, India |
Company website |
polycab.com |
Polycab was incorporated as ‘Polycab Wires Private Limited’ on January 10, 1996 at Mumbai as a private limited company under the Companies Act, 1956. Polycab is engaged in the business of manufacturing and selling wires and cables and fast moving electrical goods ‘FMEG’ under the ‘POLYCAB’ brand, and now has become one of the best inverter brands in India. Apart from wires and cables, Polycab also manufacture and sell electric fans, LED lighting and luminaires, switches and switchgear, solar products and conduits & accessories.
In 2009, Polycab diversified into the engineering, procurement and construction ‘EPC’ business, which includes the design, engineering, supply, execution and commissioning of power distribution and rural electrification projects.
Among Polycab’s solar products, which mainly include solar grid tie inverter, DC MCB, solar DC cable and solar panel, the solar grid tie inverters include single phase and three phase. With high-frequency switching technology, low start-up voltage and ultra wide MPPT range, it can generate more power with max. efficiency of 98.1 %. The THDi is below 3%, and support Rs-485/Wi-Fi/GPRS/LAN Interface.
② TYCORUN
Established date |
2017 |
Global headquarter |
Guangzhou, Guangdong, China |
Company website |
www.tycorun.com |
TYCORUN is a global high-tech company focusing on lithium ion 12v battery and solar inverters, providing reliable and safe customized solutions for lithium ion battery products and DC to AC inverters for global users.
TYCORUN’s all series of pure sine wave inverters deliver outstanding performance for back-up power and off grid batteries system, which is widely used in emergencies or household. The advanced pure sine wave technology provides cleaner, smoother and more reliable power for sensitive equipment without any interference.
The TYCORUN inverters have all come with voltage stabilization function, supports fast charging, and has low no-load current (0.6A), with LCD LED display, which can detect voltage, power and other values in real time with an accuracy of 98%, which is at the leading level in the industry. For further details, you can click the links below for product information:
|
500w
|
1000w |
2000w
|
3000w
|
Product image
|
||||
Price & Discount
|
$59.90(-14%)
|
$89.99(-36%)
|
$179.90(-28%)
|
$199.99(-33%)
|
Rated Input Voltage
|
12VDC
|
12VDC
|
12VDC
|
12VDC |
Continuous Power
|
500w
|
1000w
|
2000w
|
3000w |
Peak Power
|
1000w |
2000w |
4000w |
6000w |
More information |
Click to get the details |
Click to get the details |
Click to get the details |
Click to get the details |
③ Sungrow
Established date |
1997 |
Global headquarter |
Hefei, Anhui, China |
Company website |
cn.sungrowpower.com |
Sungrow Co., Ltd. is a high-tech enterprise focusing on the research and development, production, sales and service of new energy power equipment such as solar energy, wind energy, energy storage, hydrogen energy, and electric vehicles. It is not only one of the top 10 best inverter brands in India, but also in the list of global top 10 best solar inverter brands.
The main products include photovoltaic inverters, wind power converters, energy storage systems, surface photovoltaic systems, new energy vehicle drive systems, charging equipment, renewable energy hydrogen production systems, smart energy operation and maintenance services, etc., and are committed to providing one-stop solution for clean energy.
The company provides 10~8800kW inverter equipment, covering all scenarios including household, distributed, large-scale ground/water surfaces, efficient power generation, smart and friendly, safe and reliable service. The core product, photovoltaic inverters, have been sold in batches to more than 150 countries and regions around the world.
④ FIMER
Established date |
1942 |
Global headquarter |
Vimercate (MB), Italy |
Company website |
www.fimer.com |
FIMER is one of the best inverter brands in India. Specializing in solar inverters and mobility systems, it has over 1100 employees worldwide and offers a comprehensive solar solutions portfolio across all applications. With a presence in 26 countries together with local training centers and manufacturing hubs, FIMER remains close to its customers and the ever-evolving dynamics of the energy industry.
FIMER’s solutions cover residential, commercial and industrial use, mainly including BESS, solar inverters and wall-mounted charging device. FIMER solar inverters cover a range of string inverters, central inverters, legacy inverters, and the related monitoring and control system and microgrid solutions, and slao energy storage system, allowing to store excess energy and optimize the energy use in residential applications.
FIMER inverters support WLAN communication with integrated web server, with embedded connectivity and smart building integration and Dual input section with independent MPPT, allows optimal energy harvesting from two sub-arrays oriented in different directions.
⑤ Sineng
Established date |
2012.3.30 |
Global headquarter |
Wuxi, Jiangsu, China |
Company website |
www.si-neng.com |
Sineng Co., Ltd. is a high-tech enterprise specializing in the R&D, manufacturing and sales of power electronic products. Its business covers photovoltaic inverters, energy storage systems, power quality management and power station development. It is committed to green technology solutions, currently has four major R&D centers in Shenzhen, Wuxi, Suzhou, and Chengdu, and three major production bases in Wuxi, Jiangsu, Wuzhong, Ningxia, China and Bangalore, India, and now has become one of the top 10 best inverter brands in India.
In the field of photovoltaic, Sineng provides full-scenario photovoltaic power generation solutions. The products cover photovoltaic inverters in the full power range from 3kW to 8800kW. They are widely used in various scenarios such as large-scale ground, mountain, water, industrial and commercial rooftops, and home solar power system applications to meet the diverse needs of customers.
In the field of energy storage, Sineng provides full-scenario energy storage system solutions, a full range of 1000V/1500V energy storage converters and system integration products with centralized and string technology routes, targeting the power generation side, grid side, multi-scenario applications such as user side and microgrid.
In the field of power quality, Sineng provides full-scenario power quality management solutions, including a full range of products such as active power filters, static var generators, and dynamic voltage restorers, which are used in communications, medical care, rail transit, petroleum and petrochemicals, metallurgy, photovoltaics, semiconductor and so on.
⑥ Havells
Established date |
1958 |
Global headquarter |
New Delhi, India |
Company website |
havells.com |
Havells India Limited is a leading Fast Moving Electrical Goods (FMEG) Company and a major power distribution equipment manufacturer with a strong global presence. Havells produce a wide spectrum of products, including industrial & domestic circuit protection devices, cables & wires, motors, fans, modular switches, home appliances, air conditioners, electric water heaters, power capacitors, and luminaires for domestic, commercial and industrial applications.
As one of the top 10 best inverter brands in India, today, Havells network constitutes of 4000 professionals, over 14000 dealers and 35 branches in the country. The company has 14 state-of-the-art manufacturing plants in India located at Haridwar, Baddi, Sahibabad, Faridabad, Alwar, Neemrana and Ghiloth manufacturing globally acclaimed products, synonymous with excellence and precision in the electrical industry.
The Havells solar inverters are using three phase DUAL MPPT, which make them suitable for commercial/ industrial application. And the inverter efficiency is up to 98.3%, supports free time web and APP based monitoring, WiFi/ GPRS data logger with 3 months storage and inverter had SD card for 25 years data storage.
⑦ Solis
Established date |
2005 |
Global headquarter |
Ningbo, Zhejiang, China |
Company website |
www.solisinverters.com |
Established in 2005, Solis (Ginlong) stands as one of the manufacturers of best inverter brands in India. As a global provider of solar and energy storage solutions catering to residential, commercial, and utility-scale customers, operating under the Solis brand, Solis solar inverter product line employs innovative string technology, ensuring top-tier reliability validated through rigorous international certifications.
By amalgamating a global supply chain with world-class R&D and manufacturing capabilities, Ginlong tailors Solis inverters to each regional market, with dedicated teams of local experts providing exceptional service and support.
The products are sold in many countries and regions around the world, and they have set up global offices and technical after-sales service centers in the United Kingdom, the United States, Australia, Brazil, South Africa, India, Mexico, Spain, the Netherlands, and Romania.
Solis's solutions include household, industrial and commercial solutions, ground solutions, energy storage solutions, etc. The inverter products mainly include single phase inverter, small three-phase photovoltaic inverters, large three-phase photovoltaic inverters, energy storage inverters, etc.
⑧ EVVO Solar
Established date |
2011 |
Global headquarter |
Tamil Nadu, India |
Company website |
evvosolar.com |
EVVO Solar is one of the fastest growing best inverter brands in India, specializes in R&D,production, sales and service of grid-tied inverters ranging from 1kW to 7.5kW (residential) and 10kW to 70kW (commercial). EVVO Solar products are sold to more than 10 countries, with manufactured inverters over 45MW and solar modules over 25MW.
EVVO products mainly include inverters and solar modules, and EVVO inverters are ranging from 3.2KW to 110KW, covering single phase / three phase and single MPPT / double MPPT. These inverter products support 30% DC oversizing, IP65 ingress protection, with max. efficiency of 98.7%, and low start-up voltage of 80V.
⑨ Statcon Energiaa
Established date |
1991 |
Global headquarter |
Delhi, India |
Company website |
www.energiaa.in |
Statcon Energiaa has been an industry pioneer in power converter manufacturing for over 3.5 decades, with over 30,000 completed projects and 250+ MW solar inverter installations across the globe.
Statcon Energiaa offers a diversified range of energy solutions in five major divisions: solar / power/ defence / railways / hydrogen to over 25 countries. Statcon Energiaa offers a smart outdoor inverter solution for microgrids that integrates multiple energy sources, including renewables (biomass, wind, hydro and solar), battery storage, and diesel generators.
This is an IP55 heavyduty integrated inverter solution which is Plug-n-Play for ease of use. It delivers continuous, voltage-stabilized power to the loads and supports AC and DC coupling. Statcon Energiaa’s “Microgrid Energy Corridor” solution also connects with other microgrids through AC coupling.
Statcon Energiaa’s unique inverter technology integrates all protection features, eliminating the need for array junction boxes, AC distribution boxes, etc. It supports different types of external storage technologies like lead-acid, gel, LFP battery, and flow batteries. It has a built-in interface to charge batteries and power loads via a diesel generator. The IOT-enabled inverter enables remote monitoring and control through multiple levels.
⑩ Waaree Energies
Established date |
1989 |
Global headquarter |
Mumbai, India |
Company website |
www.waaree.com |
Waaree Energies Limited founded in 1989, with headquarters in Mumbai, India. Waaree has India's largest aggregate installed capacity of 12GW as of June 30, 2023 at its plants in Chikhli, Surat, Tumb and Nandigram in Gujarat and is a top player in the solar module export for Fiscal 2023.
As one of the best inverter brands in India, the Company has supplied more than 6GW of solar modules and commissioned more than 1.1GW solar EPC projects. The company’s products mainly include PV modules, inverters and other solar products such as solar gadgets and portable solar kits with integrated solar panel.
Waaree has developed a range of single and three phase inverters with focus on quality, reliability and efficiency. And the main products include off-grid and on-grid inverters. Waaree off-grid inverters are equipped with smart solar selection logic based on built in Real Time.
The optimum solar power usage with high current solar charge controller, and simultaneously charge batteries by Solar and Grid. And it’s able to provide 100% rated power directly from solar panel, and intelligently gives the priority to solar power and take the balance from Mains.
Above are the top 10 best inverter brands in India, hopefully we could offer you some reference. If you are interested in the inverter brands of other countries, just refer to the related posts below.
Related posts: top 5 best car inverter brands in South Korea, top 10 solar inverter best brands in USA, top 10 solar inverters in Australia