Designed and Developed by a team of young engineers, the solar micro-inverter is for Residential, commercial and for B2B as well as B2C sectors. It is the first cost effective solar microinverter in India, which will not only utilize the features of E-Metering to save electricity bills, but also facilitate the real time online power monitoring features to the end customer.
HYDERABAD, INDIA, September 15, 2015: SmartTrak, (www.smarttrak.in/) a rapidly growing solar tracker and solar inverter Modernizer Company, today announced the launch of Nation’s first indigenously built budget friendly, efficient solar micro-inverter for residential and commercial market segment. The newly introduced rooftop solar micro-inverter is a device that converts direct current (DC) generated by an individual solar panel to alternating current (AC). For utilizing the E-Metering feature, the output from individual micro-inverters is combined and fed to the electrical grids. Smarttrak Solar Micro-Invertors are easy to install, safe, reliable and do not require any maintenance.
The solar industry may be getting more complex, but installing solar doesn’t have to be” says Bhagawan Reddy Gnanapa, CEO and Director of SmartTrak. What makes our Micro-inverters a good investment for consumers is that it optimizes the solar energy harvest as compared to conventional string or central inverter. The central or string inverters are more expensive and give less flexibility to the consumers in terms of upgrading the plant capacity.
Sameer Garg and Tathagata Mitra two young engineers from BITS Pilani extensively contributed to the product development. “The current 300 Watt rooftop solar microinverter is designed, to take the first step towards making a cost effective solar power harvesting system for home applications but work is in process to optimize the individual microinverter capacity from 300W to 1000W, which will definitely play an important role in high capacity Solar power plants as well” says Sameer Garg, Electrical Design Engineer, Smarttrak.
To give a picture on how the SmartTrak micro-inverter works, the young IIIT-H Grad, Jasmine Bhanushali, Product Manager, Smarttrak, explained, “To generate electric power from the solar energy, individual solar panel integrates with solar microinverter. The generated electrical power can be directly utilized by the Grid or for Home applications. The microinverters wirelessly communicate with the SMART Wave Gateway, which then uploads the data to the cloud. The end customer can directly access the real time microinverter status and power generation through the Smarttrak web portal or through the SMART SunDesh Mobile app.
“Our new invention is driven by the urge from residential and commercial consumers to seek energy efficient micro-inverter. SmartTrak, Micro-Inverter provides a cost effective electric energy solution as compared to the utility energy by more than 20-30% “says, Goutham Valeti, Business Development Manager, Smarttrak, also one of the young engineers from IIIT-H
SmartTrak entered the Indian market in 2011 and has grown both in its presence and success in multiple cities year after year. The company has so far installed 50 MWp tracking systems and 120 MW projects are under execution .We expect Smarttrak micro-inverter brand to contribute 10% to our sales target of INR 140 Crores. SmartTrak plans to ship 5000 number of micro inverters in the next Quarter.
SmartTrak has a manufacturing facility to serve 30-Mw solar capacity at the Hardware Technology Park near Hyderabad. It has three marketing offices in India and one in the US. The company consistently ploughed money to enhance its Research, Design, Development and Manufacturing capabilities.
Smarttrak is currently engaged in Grid Connected Solar Micro-inverter, Single Axis and Dual Axis Trackers, Rooftop trackers, SCADA and Solar Water Pump projects. It has achieved break even targets already and its operations have turned profitable since its launch. According to market reports Photovoltaic micro-inverter shipments worldwide are set to increase to 2.1 GW per year in 2017; up from around 500 MW in 2013, the reports suggests shipments during the period are forecast to rise fourfold, expanding at a 306% rate.
About SmartTrak
Hyderabad-based SmartTrak is a pioneer of sun tracking technology in India. The company is currently the leading manufacturer of tracking systems in the country. SmartTrak’s tracking systems have been acknowledged as rugged and reliable producing 38% more energy than fixed systems at less cost. The indigenously developed intelligent tracker controller ensures zero-error sun position calculation and rotates solar panels accordingly to tap maximum energy. The company also offers engineering design and installation services for on-grid and off-grid systems. For more information: www.smarttrak.in/