Azure Power, one of India’s leading independent solar power producers, announced that effective November 29, 2018, its compensation committee changed the exercise price of stock options for 692,507 equity shares, par value US$0.000625 each, of the Company, which were previously awarded to certain officers, employees and directors under the Company’s 2016 Equity Incentive Plan, as amended in 2017.

Read more: Azure Power Announces Repricing Stock Options

The Intersolar India Exhibition was held in Bangalore International Exhibition Centre on 11-13 December 2018.Sofarsolar,one of the world's largest solar inverter and hybrid inverter companies in China showed its top selling products and the latest inverters in this exhibition, which attracts the attention of many Indian customers. At the same time,Sofarsolar won the award named “Solar consumer choice brand awards 2018”.

Sofarsolar Attended Inter Solar India Exhibition And Inverters Were Preferred Choice By Indian Consumers Image 1

The Indian market is not new to Sofarsolar. In 2016, Sofarsolar branch was established. Since then, Sofarsolar has kept the high position in India solar inverter market.Now all products are widely used through ground, industrial, and commercial power stations, which have been immensely well-received by Indian customers.

Sofarsolar Attended Inter Solar India Exhibition And Inverters Were Preferred Choice By Indian Consumers Image 2

During the exhibition,Sofarsolar was voted as the most preferred choice by consumers,won the award named “Solar consumer choice brand awards 2018”. Why is sofarsolar widely recognized in the Indian market?

Vice President of Sofarsolar, David Zhong, has released comments stating that we try to do two issues in the Indian market, one is to do a good products, the other is to do a good service. During these years, Sofarsolar has put quality and service as the most important criteria in the design, production and daily operations.

Sofarsolar Attended Inter Solar India Exhibition And Inverters Were Preferred Choice By Indian Consumers Image 3

With the continuous growth of the power demand and cost throughout India, the country has been focusing on accelerating their transition to renewable energy sources. Sofarsolar will seize the market development opportunity, launch more solar inverters suitable for market demand, deepen services, further expand the Indian market, and increase the share of Indian market.

Keeping in view our commitment to a healthy planet and our Nationally Determined Contributions as per the Paris Accord on Climate Change, India made a pledge that by 2030, 40% of installed power generation capacity shall be based on clean sources, it was determined that 175 GW of renewable energy capacity will be installed by 2022.

Read more: Year End Review 2018 – Ministry of New and...

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