As one of the world’s fastest-growing economies, India’s carbon footprint continues to expand as a result of mass commercialization. Renewable energy providers, such as solar energy companies, have captivated consumers’ interest for decades. India’s solar power capacity has reached 64,380.68 MW as of February 2023, with these solar panel companies in India which we have discussed in this blog.
So let’s find out which are the top Solar Panel Companies or Manufacturers in India.
Some of the major advantages that solar energy offers are as follows:
- Waaree
- Vikram Solar
- Adani Solar (Mundra Solar)
- Renewsys
- Premier
- Emmvee
- Tata Power Solar
- Jakson
- Saatvik
- Goldi
To meet all of the goals and reap the benefits of solar energy, the government is subsidizing the installation of solar energy systems in numerous states. Government subsidies are even assisting people in starting their solar enterprises by purchasing franchises from one of India’s leading solar companies. Below are the top ten solar companies in India that meet all of the current solar energy trends.
Solar Panel Companies in India/Manufacturers
Waaree Energies Ltd
Waaree Energies Ltd., headquartered in Mumbai, was founded in 1989 and has a considerable presence in India and 68 other countries. We are one of India’s leading Solar Panel Manufacturers, with a stunning 2 GW module production facility in Surat.
They are India’s first company to have an in-house NABL lab facility, with a NABL Lab Facility. They provide EPC, project development, solar water pumps, rooftop solutions, independent powerhouses, and a variety of other services. Waaree Energies is one of the best solar panel manufacturers to rely on, with over 30 years of experience and a presence in India as well as in 68 countries across the world.
- Year of Establishment: 1989 in Mumbai
- Global Installations: 3 GW (In More Than 68 Countries)
- Enlisted Production Capacity: 4.75 GW
- Model Range of Panels: 320 Watt To 400 Watt
Tata Power Solar
Tata Power Solar (previously Tata BP Solar) is a joint venture between Tata Power and BP Solar. It is one of India’s Most Trusted Brands. It is India’s largest rooftop installer. Tata Power Solar’s headquarters are in Mumbai, and the manufacturing units are in Bengaluru (Karnataka).
Tata Power Solar is one of the few organizations in the world with a 31-year track record. It’s a great demonstration of the company’s ability to honor the solar modules’ 25-year warranty. This solar power company continues to be a market leader in the manufacture of India’s Best Solar Panels. The company has a stranglehold on residential rooftop solar units, having sold around 1.4 GW of solar modules over the last 20 years.
- Year of Establishment: 2011 in Mumbai
- Global Installations: 1.5 GW (across 13 states in India)
- Enlisted Production Capacity: 798 MW
- Model Range of Panels: 50 Watt To 330 Watt
Vikram Solar
Vikram Solar is a well-known Indian solar panel producer and the region’s largest solar project installer. They’re noted for their solar panel efficiency and manufacturing capability. Vikram Solar’s headquarters are in Kolkata, with production sites in Falta (West Bengal) and Chennai (Tamil Nadu).
Vikram Solar is one of the world’s largest solar energy firms, with mono and bifacial solar panel modules distributed across six continents. Over 1355 MW of solar projects have been installed and commissioned in India by them. In Kolkata, they have a 10 kW floating solar plant. They also have a solar panel manufacturing capacity of more than 1 GW. Vikram Solar’s products are built to the highest quality, dependability, and performance requirements. Their in-house research and development activities help them stay ahead of the curve in the rapidly changing field of solar technology.
- Year of Establishment: 2006 in Kolkata
- Global Installations: More Than 2.4 GW
- Enlisted Production Capacity: 2.022 GW
- Model Range of Panels: 335 Watt To 375 Watt
Adani Solar
Adani Solar is one of the largest solar PV manufacturing and EPC firms in the world. It is one of the pillars of the Indian Renewable Energy Market. Adani Solar’s headquarters are in Ahmedabad, Gujarat. Its manufacturing sites are in Mundra (Gujarat).
This company creates high-efficiency Multi, Mono PERC, and Bifacial modules that are more efficient, perform better, and are more reliable. Adani Solar, a subsidiary of Adani Enterprises Ltd., is one of the world’s top 15 utility solar power developers. They are one of India’s leading solar panel installers.
- Year of Establishment: 2005 in Ahmedabad
- Global Installations:
- Enlisted Production Capacity: 1.66 GW
- Model Range of Panels: 295 Watt To 375 Watt
Renewsys Solar
Renewsys also comes in top solar panel companies or manufacturers in India. Renewsys Solar is a prominent integrated manufacturer of Solar PV Modules and their essential components, which include Encapsulants, back sheets, and Solar PV Cells. They are among the top solar manufacturers in India. RenewSys Solar is headquartered in Mumbai, Maharashtra, and has production facilities in Mumbai, Bengaluru, and Hyderabad. The quality and efficiency of RenewSys Solar are well-known.
RenewSys Solar’s production plant in Patalganga, Maharashtra, is the most recent, with a capacity of 1.2 GW solar PV modules set to open in 2021. They are a full-service solar module and key component manufacturer that includes solar PV cells, black sheets, and encapsulants. They have two manufacturing facilities in India and supply over 40 countries around the world.
- Year of Establishment: 2015 in Mumbai
- Global Installations: More than 1 GW of PV modules, 200 MW PV cells & 12 Gw of Encapsulants & Backsheets (In more than 11 countries)
- Enlisted Production Capacity: 1.237 GW
- Model Range of Panels: 260 Watt To 510 Watt
Goldi Solar
Goldi Solar is a renowned solar panel manufacturer, EPC supplier, and independent power generator in India (IPP). It is an MNC located in Surat, Gujarat, that caters to various multinational brands in more than 20 countries, including the United States, the United Arab Emirates, Turkey, Myanmar, Italy, Greece, Germany, France, Denmark, and Croatia.
The company has increased its manufacturing capacity from 10 MW to 500 MW in just ten years. It plans to add another 2000 MW.
- Year of Establishment: 2011 in Mumbai
- Global Installations: More than 1 GW of PV modules, 200 MW PV cells & 12 Gw of Encapsulants & Backsheets (In more than 11 countries)
- Enlisted Production Capacity: 500 MW
- Model Range of Panels: 260 Watt To 510 Watt
Microtek Solar
Microtek Solar is an expert in the field of solar energy. To the rest of the corporations aiming to take over the market, the brand is a formidable competitor. Solar panels, solar inverters, solar batteries, solar UPS, and hybrid UPS are all manufactured by this company, which was founded in 1989.
Microtek Solar has built solar facilities across the country with cutting-edge technology. It has a reputation for undertaking a wide range of utility-scale projects over the years. They also have a vast list of customers, including factories, corporate offices, schools, and other organizations. They also provide solar panels for residential regions, both on-grid and off-grid.
The organization has an R&D department with highly skilled and qualified employees that are constantly trying to accomplish field advancements. This crew is prepared to handle any software or hardware issues with solar goods and other equipment at any time.
Emmvee
Emmvee has been a pioneer in the manufacturing and development of revolutionary Solar Photovoltaic Modules and Solar Water Heating Systems since its founding in 1992.
This company has developed to become one of Asia’s largest solar water heating system producers. They’ve also installed and commissioned solar PV projects totaling 14 megawatts in northern Germany, 13 megawatts on rooftops, and 140 megawatts in India.
Emmvee is a dependable, transparent, and customer-centric firm thanks to its highly skilled and motivated workers and a diverse selection of global suppliers.
Emmvee began its manufacturing operations in Bangalore, India, with the development of solar water heating equipment. The ‘Solarize’ water heating system has developed to become India’s and Europe’s leading maker of solar water heating systems.
These solar brands are top solar panel companies or manufacturers in India