Top 10 Solar Companies in India

India’s solar energy sector has experienced remarkable growth over the past decade, positioning the country as a global leader in renewable energy. This surge is driven by a combination of government initiatives, technological advancements, and the emergence of innovative companies dedicated to harnessing solar power. This article provides an in-depth look at the top 10 solar companies in India, highlighting their contributions, product offerings, and impact on the renewable energy landscape.

1. Tata Power Solar

As a subsidiary of the esteemed Tata Group, Tata Power Solar has been a pioneer in India’s solar industry for over three decades. The company offers comprehensive solar solutions, including photovoltaic (PV) modules, solar water pumps, and rooftop solar systems. With a strong emphasis on sustainability and innovation, Tata Power Solar has played a pivotal role in advancing solar technology in India. ​

2. Adani Solar

Part of the diversified Adani Group, Adani Solar has rapidly ascended to become one of India’s largest solar panel manufacturers. The company is involved in the entire solar value chain, from cell and module production to project development. Adani Solar’s commitment to high-efficiency products and large-scale projects has significantly contributed to India’s renewable energy capacity.

3. Waaree Energies

Established in 1989, Waaree Energies is a leading player in the solar manufacturing sector with a substantial presence in over 68 countries. The company boasts a manufacturing capacity of 12 GW, making it one of the largest in India. Waaree offers a diverse range of solar products, including modules, inverters, and batteries, catering to various segments from residential to industrial. ​

4. Vikram Solar

Based in Kolkata, Vikram Solar specializes in high-efficiency PV module manufacturing and comprehensive EPC (Engineering, Procurement, and Construction) solutions. With a strong focus on research and development, the company has been instrumental in introducing advanced solar technologies to the Indian market. Vikram Solar’s commitment to quality and innovation has earned it a reputable position in the industry.

5. RenewSys

RenewSys is India’s first integrated manufacturer of solar PV modules and their key components, including encapsulants, backsheets, and solar PV cells. This integration allows RenewSys to maintain stringent quality control across the production process. The company’s products are known for their durability and performance, making them a preferred choice for various applications.

6. Emmvee

Founded in 1992, Emmvee has established itself as a significant player in the solar industry, focusing on the production of high-quality solar water heating systems and photovoltaic modules. The company’s commitment to sustainable development is evident in its state-of-the-art manufacturing facilities and a strong emphasis on research and development.

7. Goldi Solar

Goldi Solar has emerged as a fast-growing solar PV module manufacturer, known for its high-efficiency panels and customer-centric approach. The company offers a wide range of solar solutions tailored to meet the needs of residential, commercial, and industrial clients. Goldi Solar’s dedication to quality and innovation has enabled it to expand its footprint both domestically and internationally.

8. Loom Solar

Loom Solar is a relatively new entrant in the Indian solar market but has quickly gained recognition for its innovative products, including mono PERC solar panels and lithium batteries. Based in Faridabad, Haryana, Loom Solar focuses on providing cutting-edge solutions for residential and small commercial applications, emphasizing ease of installation and user-friendly designs. ​

9. Azure Power

Azure Power is an independent power producer that specializes in developing and operating utility-scale solar projects. The company has been instrumental in implementing large-scale solar installations across various states in India, contributing significantly to the country’s renewable energy targets. Azure Power’s focus on long-term sustainability and operational excellence has positioned it as a leader in the solar energy sector.

10. Jakson Group

Jakson Group is a diversified energy and infrastructure company with a strong presence in the solar industry. The company offers a range of solar products, including modules, inverters, and EPC services. Jakson’s commitment to innovation and quality has enabled it to deliver reliable solar solutions across various sectors, including residential, commercial, and industrial.

Emerging Solar Startups in India

In addition to these established companies, India’s solar landscape is witnessing the rise of innovative startups that are contributing to the sector’s dynamism:
  • ZunRoof: Specializes in smart solar rooftop solutions, integrating IoT technology to optimize energy consumption for residential and commercial clients. ​
  • Lunar Electric: Focuses on developing affordable and efficient solar energy solutions tailored for rural and off-grid areas, aiming to enhance energy accessibility. ​
  • Renkube: Introduces innovative optical tracking technology to increase the efficiency of solar panels without the need for mechanical movement, enhancing energy yield.

FAQs

1. What are the top 10 solar companies in India?

The top 10 solar companies in India are:

  1. Tata Power Solar
  2. Adani Solar
  3. Tata Power Solar
  4. Adani Solar
  5. Tata Power Solar
  6. Adani Solar
  7. Tata Power Solar
  8. Adani Solar
  9. Tata Power Solar
  10. Adani Solar
Adani Solar and Tata Power Solar are among the largest solar companies in India, with large-scale solar farms, manufacturing facilities, and EPC (Engineering, Procurement, and Construction) projects.

Some of the best solar panel brands in India include:

  • Tata Power Solar – Known for high efficiency and reliability
  • Waaree Energies – Offers a wide range of solar panels with strong performance
  • Adani Solar – Provides high-efficiency monocrystalline and polycrystalline panels
  • Vikram Solar – Popular for high-performance PV modules

Key factors to consider include:

  • Efficiency – Higher efficiency panels generate more electricity
  • Durability – Weather-resistant panels last longer
  • Warranty – A longer warranty ensures better reliability
  • Cost – Balance between price and performance
  • Brand reputation – Opt for a reputed manufacturer with good after-sales support
Yes, the Indian government provides subsidies under the PM-KUSUM scheme and Rooftop Solar Programme to promote solar energy adoption. Homeowners can get up to 40% subsidy on solar installations for residential use.
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