Solar energy has emerged as a key component of India’s energy strategy as it works toward a cleaner and greener future. The nation is ideally situated for the production of solar energy due to its abundance of sunshine. Many businesses are stepping up to satisfy the growing demand for solar panels as a result of the increased focus on renewable energy.
This article highlights the Top 10 Solar Panel Company in India, showcasing their contributions to harnessing solar power effectively.
Why Solar Power?
Before exploring the leading solar panel manufacturers, it’s essential to understand the importance of solar power. Here are some compelling reasons why solar energy is crucial for India:
- Sustainability: Solar energy is renewable and sustainable, helping reduce dependence on fossil fuels and lowering carbon emissions.
- Cost-Effectiveness: Over time, solar panels can significantly reduce electricity bills, making them a wise investment for homes and businesses.
- Job Creation: The solar industry is poised to create numerous job opportunities, boosting the economy.
- Energy Security: By investing in solar energy, India can enhance its energy security and reduce reliance on imported fuels.
With these benefits in mind, let’s explore the Top 10 Solar Panel Company in India that are leading the charge in this sector.
Top 10 Solar Panel Company in India
Discover the Top 10 Solar Panel Company in India, leading the charge towards renewable energy. These industry giants, including Saatvik Green Energy, Adani Green, and Tata Power Solar, are committed to delivering high-quality solar solutions, promoting sustainability, reducing carbon footprints, and paving the way for a greener future.
1. Saatvik Green Energy Pvt. Ltd.
Saatvik Green Energy is among the fastest-growing solar module manufacturers in India. Located in Ambala, with a corporate office in Gurugram, Saatvik specializes in high-quality solar PV modules for various applications, including rooftops and commercial setups.
Key Features:
- Production capacity: 3 GW per annum.
- Products: Polycrystalline, bifacial mono perc, and mono perc half-cut modules.
- Expansion plans: Aiming to enter the U.S. market and launch new high-efficiency modules soon.
2. Adani Green Energy Ltd.
Adani Green Energy Ltd. is a prominent player in India’s solar sector, specializing in manufacturing solar PV modules. As a subsidiary of Adani Enterprises, it boasts a vertically integrated approach, ensuring high efficiency and reliability. The company is committed to sustainability, powering numerous solar projects across the country and beyond.
Adani Green is part of the Adani Group, one of India’s largest conglomerates. The company is engaged in manufacturing solar panels and developing renewable energy projects.
Key Features:
- Manufacturing capacity: 1.5 GW+ for solar cells and modules.
- Offers a wide range of products and services across the solar manufacturing spectrum.
- Committed to building a comprehensive eco-system for solar power in India.
3. Loom Solar Pvt. Ltd.
Founded in 2018, Loom Solar has quickly emerged as a leading solar panel manufacturer based in Faridabad, Haryana.
Loom Solar Pvt. Ltd. is a fast-growing solar panel manufacturer based in Faridabad, Haryana. The company specializes in high-efficiency mono-perc solar panels and lithium batteries. With a manufacturing capacity of 100 MW, Loom Solar offers a wide range of products like Solar System for Home, making solar energy accessible for residential and commercial use.
Key Features:
- Manufacturing capacity: 100 MW.
- Specializes in high-efficiency panels ranging from 10 watts to 450 watts.
- Focuses on delivering affordable and sustainable solar energy solutions.
4. Tata Power Solar Systems
Tata Power Solar is one of the oldest solar companies in India, known for its high-quality solar modules and innovative solutions.
Tata Power Solar Systems is a prominent solar panel manufacturer in India, known for its high-quality products and innovative solutions. With over 20 years of experience, it has installed around 1.4 GW of solar modules globally. Tata Power Solar focuses on residential rooftop systems and large-scale solar projects, contributing significantly to India’s renewable energy goals.
Key Features:
- Strong focus on residential rooftop solar units.
- Successfully shipped 1.4 GW of solar modules globally.
- Currently working on a massive 1GW EPC order, contributing to India’s sustainability goals.
5. Vikram Solar
Vikram Solar is a prominent solar energy firm, providing a range of solar panel modules globally. They have successfully commissioned over 1355 MW of solar projects in India.
Vikram Solar is a leading solar energy company in India, specializing in the manufacture of high-efficiency solar modules. With a production capacity of over 1 GW, it has successfully commissioned over 1,355 MW of solar projects worldwide. Vikram Solar is committed to sustainable energy solutions, providing innovative and reliable products to customers across six continents.
Key Features:
- Manufacturing capacity: Over 1 GW.
- Delivers both mono and bifacial solar panels.
- Known for its commitment to quality and innovation.
6. Waaree Energies Ltd.
Founded in 1989, Waaree Energies has established itself as a significant player in the solar industry with a robust presence across India and 68 countries.
Waaree Energies Ltd. is a leading solar panel manufacturer based in Mumbai, India. It has a strong presence with over 360 locations in India and 68 countries worldwide. Waaree specializes in high-quality solar modules and offers a range of services, including EPC and solar rooftop solutions, driving sustainable energy adoption.
Key Features:
- Manufacturing capacity: 2 GW of solar panels in Surat.
- Provides EPC services, solar water pumps, and rooftop solutions.
- Recognized for its innovation and reliability in solar energy solutions.
7. Renewsys Solar
Renewsys Solar is a complete solar solutions provider, offering solar PV cells, modules, and essential components like encapsulants and black sheets.
Renewsys Solar is a leading provider of solar modules and critical components, including solar PV cells and encapsulants. With two production plants in India, the company supplies high-quality solar solutions to over 40 countries worldwide. Renewsys is committed to promoting sustainable energy and supporting global solar energy initiatives.
Key Features:
- Two production plants in India.
- Supplies solar products to over 40 countries.
- Known for its comprehensive range of solar solutions.
8. Goldi Solar
Goldi Solar is a renowned manufacturer of solar panels headquartered in Surat, Gujarat. Over the past decade, they have significantly expanded their production capacity.
Goldi Solar is a prominent Indian manufacturer of solar panels, headquartered in Surat, Gujarat. The company has rapidly expanded its production capacity from 10 MW to 500 MW over the past decade. Goldi Solar offers a range of solar solutions for industrial, commercial, and residential applications, contributing significantly to India’s renewable energy growth.
Key Features:
- Manufacturing capacity: Increased from 10 MW to 500 MW.
- Offers solar projects for various applications, including industrial and residential.
- Committed to promoting green energy solutions.
9. Insolation Energy Ltd.
Insolation Energy Ltd. is a national solar energy provider based in Jaipur, Rajasthan. Established in 2015, the company features a state-of-the-art, fully automated solar PV module production facility. With a capacity of 200 MW, Insolation Energy focuses on high-efficiency solar panels, serving both domestic and international markets.
Insolation Energy is a national solar energy supplier with a state-of-the-art production facility in Jaipur, Rajasthan.
Key Features:
- Manufacturing capacity: 200 MW for solar PV modules.
- Focuses on high-efficiency PV modules.
- Committed to advancing solar technology in India.
10. Pixon Energy
Based in Rajkot, Pixon Energy is a rapidly growing solar panel manufacturer with a manufacturing capacity of 400 MW.
Pixon Energy is a Rajkot-based solar panel manufacturer known for its innovative solutions in the renewable energy sector. With a production capacity of 400 MW, Pixon Energy specializes in solar modules and offers EPC services. The company focuses on high-quality manufacturing and aims to contribute significantly to India’s solar energy landscape.
Key Features:
- Offers EPC services and produces raw materials like EVA films.
- Focuses on delivering reliable and efficient solar modules.
- Committed to supporting India’s transition to renewable energy.
Stats: Top 10 Solar Panel Company in India
- The Indian solar energy market generated a value of USD 10.4 billion in 2023.
- It is expected to grow at a compound annual growth rate (CAGR) of 13.4% during 2024-2030.
- As of 2023, India’s total installed solar power capacity was around 62.8 GW. This capacity has been increasing steadily due to various government initiatives and large-scale projects.
- Rajasthan leads with 16.1 GW of installed solar capacity, followed by Karnataka (8.5 GW) and Gujarat (5.9 GW).
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Conclusion: Top 10 Solar Panel Company in India
The solar energy sector in India is rapidly evolving, driven by a combination of government initiatives, technological advancements, and a growing demand for sustainable energy solutions.
The Top 10 Solar Panel Company in India—such as Saatvik Green Energy, Adani Green Energy, Waaree Energies, Tata Power Solar, Vikram Solar, Loom Solar, Renewsys Solar, Goldi Solar, Insolation Energy, and Pixon Energy—are at the forefront of this transformation. These companies are not only enhancing their production capacities but also striving to innovate and improve the efficiency of their products.
FAQs: Top 10 Solar Panel Company in India
Q. What are the Top 10 Solar Panel Company in India?
A: The Top 10 Solar Panel Company in India include Saatvik Green Energy, Adani Green Energy Ltd., Waaree Energies Ltd., Tata Power Solar Systems, Vikram Solar, Loom Solar Pvt. Ltd., Renewsys Solar, Goldi Solar, Insolation Energy Ltd., and Pixon Energy.
Q. Why should I consider the Top 10 Solar Panel Company in India for my solar installation?
A: The Top 10 Solar Panel Company in India are recognized for their high-quality products, technological advancements, and commitment to sustainability. Choosing these companies ensures reliable performance and long-term efficiency of your solar energy system.
Q. What sets the Top 10 Solar Panel Company in India apart from others?
A: The Top 10 Solar Panel Company in India differentiate themselves through their advanced manufacturing processes, comprehensive product ranges, strong customer service, and innovative technologies that meet international standards.
Q. Are the solar panels from the Top 10 Solar Panel Company in India suitable for residential use?
A: Yes, the solar panels manufactured by the Top 10 Solar Panel Company in India are designed for various applications, including residential, commercial, and industrial use, making them suitable for a wide range of energy needs.
Q. How can I choose the best solar panel company from the Top 10 Solar Panel Company in India?
A: When choosing the best solar panel company, consider factors such as product quality, warranty offerings, customer reviews, installation services, and after-sales support. Evaluating these aspects can help you make an informed decision.
Q. What are the benefits of using products from the Top 10 Solar Panel Company in India?
A: Using products from the Top 10 Solar Panel Company in India offers benefits like increased energy efficiency, reduced electricity bills, lower carbon emissions, and access to reliable technology backed by reputable manufacturers.
