Q.Recently, Solis achieved the #1 ranking in global residential inverter shipments. How does Solis plan to further expand in this segment with its strategic focus?

 

Achieving the #1 ranking in global residential inverter shipments is a significant milestone for Solis. It abreast the vision for India market as well were we are No. 1 in Residential and C& I Segment ranking by top research firm with the largest market share of more than 27%. The Year on year growth is more than 47%. To further expand, we are focusing on providing cutting-edge, reliable technology combined with localized service support. Solis continues to invest heavily in R&D to ensure that our inverters meet the evolving needs of the market. There are more than 800+ R&D Member who are making this possible. Our focus on energy efficiency, affordability, and seamless integration with renewable energy solutions will allow us to maintain our leadership in the residential as well as in Commercial & Industrial segment. Recently we have completed 100GW shipments from our factory which is a milestone we are proud of and want to thank all the stakeholders who have supported us to make this happen. 

 

Q.Could you highlight some of the unique specifications of the new Solis S6-EH1P (3.8-11.4) K-H-US series, and what sets it apart from other products in the market?

The Solis S6-GC3P150K012-NV-ND stands out due to its high efficiency, user-friendly design, and state-of-the-art technical specifications. Key features Includes

• include enhanced safety measures such as arc fault circuit interrupters

• Optimized MPPT (Maximum Power Point Tracking) technology, ensuring maximum energy harvest from solar arrays.

• 150 kW @ 51 °C with an additional 10% extra output

• Two variants with 12 and 7 mppt

• Offering DC current of 48 Amp per mppt to make it compatible for old as well as new PV module specially Topcon modules

• Providing smart DC switch with auto trip functionality for 7 mppt inverter to meet the design criteria as per iec 62548

• Smart over temperature disconnection both at AC and DC side to get rid of problems associated with the loose connection of AC and DC.

• Smart fan operation to remove the dust form fan fins as well provide slow rotation in low temperature operation to avoid formation of snow

• Smart Bluetooth functionality for inverter commissioning and monitoring and control What sets this model apart is its ability to handle a wide input voltage range, making it suitable for diverse applications in commercial and Industrial environments. The inverter’s compact design and intelligent cooling system also ensure higher efficiency and reliability in demanding conditions.

 

Q.Can you elaborate on the technical advancements, innovations, and scalability of Solis’s three-phase inverters?

 

Solis’s three-phase inverters are built with scalability and advanced grid management features.

 

Our innovations include advanced MPPT algorithms that enhance energy generation, superior power density, and real-time monitoring and diagnostics through cloud platforms.

 

One of the biggest USP of these products are Multiple MPPT is making design easier and also 20A / 16A design capability is making it workable with higher watt pear modules.

 

The flexibility in design allows easy scaling from small to large installations, making them ideal for both residential and commercial projects.

 

With the rise of energy storage systems, Solis innovative and robust Hybrid and storage inverters can also easily integrate with Lead Acid and Li-on batteries, providing a complete energy solution for businesses and homes alike.

 

Q.Could you share some of the major milestones Solis has achieved over the past five years?

Over the last five years, Solis has achieved remarkable growth in market share and technological innovation. Some key milestones include:

• Attaining the #1 global ranking in residential inverter shipments.

• Top Ranking in India with 1st position in Residential & Commercial and Industries Segment with more than 28% overall Market share.

• Top 3 inverter listed in BNEF bankable inverters from Asia. 

• Expanding our global footprint with new manufacturing facilities in Vietnam and service centers across Globe for instant support.

• Introducing breakthrough products like the S6 and S5 series, which have redefined industry standards.

• Receiving numerous international certifications, which reinforce our commitment to quality and safety.

• Partnering with key stakeholders in the solar industry to accelerate global energy transition.

 

Q.What are the top three technological advancements we can expect from Solis in the second half of 2024?

 

Solis has a pipeline of innovations for 2024, including:

• Introduction of next-generation hybrid inverters with enhanced energy storage compatibility.

• Our latest 350kW – Inverter with 12MPPT / 16MPPT is buzz in the market with more than 0.5GW pipeline for H2 of this year.

• For KUSUM Project we have are Steller and most stable product of 255k which is having more than 1.5GW installation here in India.

• We have the biggest share in the PM Surya Ghar Yojna for first half of this year and expected to close good orders for these projects in the rest of this year and next year.

• Advanced AI-driven grid management tools that will enable smarter energy usage and monitoring.

• Improved cybersecurity features to ensure the highest standards of data protection and inverter control. These advancements will further enhance the reliability, efficiency, and intelligence of our solar inverters.

 

Q.Could you discuss the core philosophy of the Solis group and explain how the theme “Bankable, Reliable, Local” is reflected in your product portfolio?

 

The core philosophy of Solis revolves around the pillars of being bankable, reliable, and local. “Bankable” reflects our financial stability and the trust that global investors place in our products. “Reliable” signifies the high-performance standards and dependability of our solutions, validated by international certifications and continuous product testing. “Local” highlights our commitment to understanding regional needs by establishing local teams for sales, support, and service, ensuring that our products are adapted to meet the unique requirements of each market.

 

Q.How is Solis contributing to India’s ambitious target of achieving 280 GW solar energy capacity by 2030?

 

Solis is actively contributing to India’s solar energy target by providing highly efficient and reliable solar inverter solutions for both utility and rooftop sectors. Our local presence ensures we work closely with developers, EPC contractors, and distributors, providing them with the technical expertise and solutions needed for large-scale projects. Additionally, our inverters are designed to meet India’s harsh climatic conditions, ensuring sustained performance and longevity, which is crucial for achieving long-term energy goals.

 

Right now we are holding close to 6GWs here in India and shall be showcasing more innovative products of Grid Tied Segment, energy storage and EV Chargers. 

 

Q.As Solis continues to grow globally, how does the company ensure it remains adaptable to different regional markets and their unique challenges?

 

Solis ensures its products are adaptable to diverse regional markets through comprehensive R&D and a deep understanding of local regulatory, environmental, and customer needs. We have localized service centers in key markets, allowing us to offer rapid support and service. Additionally, our product portfolio is designed with flexibility in mind, enabling our solutions to cater to both small and large-scale installations with ease, regardless of regional nuances in solar energy infrastructure.

 

Q.In the context of the evolving renewable energy landscape, how is Solis addressing the need for smart and integrated energy solutions?

 

As the renewable energy landscape evolves, Solis is at the forefront of developing smart and integrated energy solutions. Our inverters are equipped with advanced communication protocols, allowing them to work seamlessly with smart grids and energy storage systems. We are also focusing on integrating AI and IoT technologies to provide realtime data monitoring, predictive maintenance, and better energy management, ultimately offering our customers smarter, more efficient solutions to meet their energy needs.