Waaree Energies Ltd., an Indian EPC player and solar PV manufacturer announced its foray into the Stand-Alone Solar Solutions segment with Off-Grid Inverters. With an aim to substantially reduce dependency on the electrical grid, the solar inverters are available in capacities ranging from of 375 VA to 10 KW across a wide scale of commercial and residential consumers. This new offering will uphold the strong ’quality control’ measures of Waaree and will be made available across India in a span of a year through its supply, distribution and franchise chain.
The Indian Solar Inverter market is expected to grow at over 25% CAGR in the next 5 years and Waaree aims to capitalize on the growth curve and satiate the much needed quality service in the segment.