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  • 29 Jan 2024

The Definitive List: Top Solar Panel Manufacturers in India

Solar energy is one of the most important sources of renewable energy because it produces more energy than the Earth uses daily. It’s a dependable, cost-effective, and eco-friendly energy source for heating, lighting, and powering homes and buildings.

The environmental advantages of solar are why it’s becoming increasingly popular. Solar doesn’t rely on fossil fuels. It doesn’t pollute the atmosphere or water, and it won’t contribute to climate change. It’s also a dependable and cost-effective choice, as you only need to install the solar equipment once.

Solar energy also has a higher rate of job creation than other industries. According to the National Solar Employment Census, solar creates 17 times more jobs than the U.S. economy and has 250,000 solar employees worldwide. It encourages energy independence because it does not depend on the grid which can lead to price fluctuations and outages.

We have compiled a list of the top 10 Solar panel Manufacturers in India that offer the best solar panels.

Top 10 Solar Panel Manufacturers in India 

Here you will find the list of the top 10 Solar Panel Manufacturers in India as well as the top Solar Energy Companies in India. They are constantly providing top-of-the-line solar panels to make a positive contribution to clean air and free energy.

Tata Power Solar

Tata Solar has over 30 years of experience in the solar industry. It offers solar panels to produce clean energy for homes, businesses, industries, and institutions. The in-house module manufacturing lines of Tata Power Solar can produce 635 MW modules and 500 MW cells, while the cell manufacturing lines can produce 528 MW.

In addition, it provides turnkey, EPC, and O&M solutions for a wide range of green energy applications for both rural and urban areas, including utility-scale projects and solar rooftops, as well as solar pump systems.

Adani Solar

Adani Solar was established in 2016. Adani Solar is India’s largest solar panel manufacturer with a production capacity of 4 GW. Adani Solar provides mono facial and bifacial modules to harness solar energy. Adani Solar is currently developing an ecosystem for 10GW Solar PV Manufacturing in India.

Servotech Power Systems Ltd.

Servotech is a leading solar panel manufacturer in India. Servotech is a company that makes a significant contribution to clean energy production through its carefully designed solar panels. This leading solar products producer in India has more than 18 years of experience. And keeps a wide variety of high-quality solar energy products such as Solar inverters, Solar batteries, Solar panels, etc.

Servotech has a large project portfolio and has delivered numerous solar power projects. To various state governments and state nodal agencies as well as fuel retailers and oil refineries.

Servotech Power Systems Ltd also produced India’s first Portable Solar Rooftop System PV Ports. Which were installed at various iconic and unique public locations across India.

In collaboration with GIZ, Servotech has also created the solar performance monitoring & control device ComPort. The Servotech Research and Development team has also designed a solar-powered Carport. Servotech has a presence across the country with more than 1000 dealers and is constantly expanding its channel partner distribution.

Waaree Energies Ltd

WAAREE Energies Ltd was established in 1989. Since its inception more than 30 years ago, it has grown to understand a production capacity of more than 12GW. As the largest manufacturer of solar panels in India. Waaree Energy has a presence in more than 380 locations across India and 20 foreign countries and continues to play a prominent role in the solar industry.

Vikram Solar

In 2006, Vikram Solar was established. Vikram Solar is a leading brand in the solar industry, with a presence in over 32 countries. The company has a proven track record of installing 1.42 GW of solar panels in India and an annual module production capacity of 3,5 GW. 

This solar panel producer is working hard to meet India’s green energy target of 500GW by 2030. Vikram Solar has so far contracted over 300 projects across multiple locations.

Goldi Solar

Goldi Solar is a solar energy company based in Gujarat. Founded in 2011, the company provides solar energy products on the domestic market and in 20+ countries. In just 10 years, Goldi Solar has grown from a 10 MW capacity to a 500 MW manufacturing capacity. Goldi Solar has an annual capacity of 2.5 GW and plans to add 2000 MW by 2023.

Saatvik Green Energy Pvt. Ltd.

Saatvik Green Pvt. Ltd., based in Haryana, entered the solar industry in 2015 and is currently contributing to the solar sector with an annual generation capacity of 1 GW. The solar panel manufacturer is based in Ambala, Haryana. The company is planning to build a new plant with 1.2 gigawatt (GW) capacity in the state of Gujarat, Gujarat.

Renewsys India

Renewsys India has been on a journey of 12 years since its inception in 2011 and is now moving forward with a 2.75 GW installed module manufacturing capacity. RenewSys provides solar products to more than 40 countries. 

It provides a wide variety of solar products, including Solar Panels, PV Cells, PV encapsulants (EVA & POE), and PV Back Sheets. Three production facilities for this solar panel company are located in Patalganga, Hyderabad, and Bengaluru. 

Loom Solar Pvt. Ltd

In 2018, Loom Solar started manufacturing solar panels in India from its registered office in Faridabad in Haryana. Currently, the company provides solar panels to produce clean energy. It also has a dedicated channel sales network of 35,000+ resellers in more than 500+ districts across India’s states. Loom Solar has an annual production capacity of 100 MW.

Patanjali

Patanjali, another solar panel producer in the Indian solar energy sector, has an installed capacity of 72MW. Patanjali is currently aiming to increase operational capacity to 500 MW by 2023.

Conclusion

The low cost of solar products available on the market can adequately address the issues of insufficient power supply and protect. The environment from highly polluting power generation processes. In addition, the solar industry needs to come up with a workable framework to serve a growing number of users.