Que: Solis has recently been recognised as a Tier 1 global solar inverter manufacturer by both S&P Global Energy and BloombergNEF. What does this dual recognition mean for Solis, particularly in terms of its global positioning and growth strategy?

Ans: The dual Tier 1 recognition from S&P Global Energy and BloombergNEF (BNEF) validates Solis' position as a leading global solar inverter manufacturer, reinforcing its reputation for technological innovation, product reliability, and strong international market presence.

This achievement strengthens customer and investor confidence, enhances Solis' competitiveness in global solar and energy storage markets, and supports its strategic evolution from an inverter supplier to a provider of integrated solar, energy storage, and intelligent energy management solutions.

Overall, the recognition underscores Solis' global leadership and accelerates its growth strategy by enabling broader market expansion and increased participation in large-scale renewable energy projects worldwide.

Que: What are the biggest changes you have observed in India’s inverter market over the past 12–18 months?

Ans: Over the past 12–18 months, India’s inverter market has evolved rapidly from a conventional solar market into a broader clean energy ecosystem, driven by the accelerating adoption of rooftop solar, energy storage, and hybrid inverter technologies.

Residential rooftop solar capacity crossed 18 GW in 2025, while the overall solar inverter market is growing at approximately 14–18 percent CAGR, supported by government initiatives, increasing C&I investments, and utility-scale renewable energy projects. Hybrid inverters are witnessing particularly strong growth as consumers and businesses seek integrated solutions that combine solar generation, battery storage, and grid management. In parallel, the market is seeing a shift toward higher-capacity utility-scale inverters, smart monitoring capabilities, remote diagnostics, and predictive maintenance features.

This transformation reflects a broader trend where customers are prioritising energy resilience, digitalisation, and bankable technology partners, making the Indian inverter market increasingly technology-driven rather than purely price-driven.

Key Statistics
• India's rooftop solar capacity surpassed 18 GW in 2025.
• India's solar inverter market is estimated at USD 1.4–1.6 billion and growing at 15–18 percent CAGR.
• The broader India solar inverter market is forecast to reach USD 1.83 billion by 2031, growing at 14.45 percent CAGR.
• The hybrid inverter segment is projected to grow from USD 1.8 billion in 2025 to USD 4.2 billion by 2032.

India's inverter market is transitioning from a solar-only growth story to a solar-plus-storage opportunity, characterised by double-digit market growth, rapid hybrid inverter adoption, and increasing demand for intelligent energy management solutions.

Que: With increasing competition among global and domestic inverter manufacturers, where does Solis see its strongest competitive advantage in the Indian market?

Ans: In an increasingly competitive Indian inverter market, Solis differentiates itself through its combination of high-efficiency inverter technology, a comprehensive product portfolio, and advanced energy storage solutions tailored to the evolving needs of residential, commercial and industrial (C&I), utility-scale, and storage applications.

Solis offers innovative products such as the 350 kW 800VAC string inverter with AFCI 2.0, delivering enhanced safety, reliability, and performance for large-scale solar projects. In the energy storage segment, the company provides the Solis Storage 125 kW Hybrid Inverter and 261 kWh Evercore C&I Battery Energy Storage System (BESS), featuring over 8,000 battery life cycles and high-performance 314Ah A-grade cells, enabling superior efficiency and long-term value for commercial customers.

For residential and distributed energy applications, Solis offers a range of 5 kWh, 10 kWh, and 16 kWh low-voltage storage batteries, along with its latest S6 and S7 hybrid inverter series, which are fully compliant with Indian grid standards and designed to support seamless integration of solar generation, battery storage, and backup power. Combined with its strong global manufacturing capabilities, proven reliability, extensive service network, and dual Tier 1 recognition, Solis is well positioned to deliver bankable, future-ready energy solutions that address India's growing demand for intelligent solar and storage technologies.

The company has a strong local presence with technical support, service infrastructure, and network and the products are designed specifically for India's climatic and grid conditions as per IEC and BIS MNRE specifications.

Que: As renewable penetration rises, grid stability and power quality are becoming increasingly important. How is Solis addressing requirements such as grid support, reactive power management, protection and system stability through its inverter technology?

Ans: Solis inverters are designed with advanced grid-support functions including:

• Dynamic reactive power compensation
• Voltage and frequency ride-through capabilities
• Remote monitoring and diagnostics
• Advanced protection mechanisms
• Grid support functions aligned with evolving utility requirements

These features help improve grid reliability while maximising renewable energy integration.

Que: What products, technologies or solutions Solis showcased at REI Expo this year?

Ans: We showcased:
• Latest utility-scale string inverter solutions for PM-KUSUM 350 kW utility inverters.
• Advanced hybrid and energy-storage-ready products like Evercore 261kwh, Flexcore 60kwh to 261kwh, and LV batteries for residential segments.
• AI-enabled monitoring and smart energy management platforms: Solis cloud
• High-current inverter technology designed for next-generation PV modules
• Live demonstrations and expert consultations focused on India's energy transition

Que: Do you believe 2026 will be the year battery energy storage moves from an emerging technology to a mainstream part of renewable energy projects in India?

Ans: Yes. Multiple market drivers indicate that battery storage is moving from pilot-stage deployment to mainstream adoption:

• Falling battery costs
• Increasing renewable penetration
• Strong government policy support
• Growing need for peak-shaving and grid balancing
• Rising demand from utility and C&I customers

Energy storage is expected to become a key component of future solar installations.

Que: Where do you see the biggest untapped opportunity for Solis in India today?

Ans: The largest opportunity lies in: C&I sector electrification, solar-plus-storage solutions, industrial decarbonisation initiatives, emerging distributed energy resources, microgrids and rural energy infrastructure.

As businesses seek energy independence and cost optimisation, integrated solar-plus-storage solutions will become a major growth driver.