Top 10 Solar Panel Companies in India 2024

The global push towards sustainable energy sources has put the spotlight on the solar energy sector, and India is emerging as a significant player in this domain. The need for clean energy solutions to power homes, industries, and institutions has never been more critical. While the potential of solar energy is vast, the development of robust infrastructure and the availability of high-quality solar panels are essential to harness this potential efficiently.

In this article, we present a curated list of the top 10 solar panel companies in India for the year 2024. These companies are at the forefront of the solar energy revolution, providing cutting-edge solutions for a cleaner and greener future

1. Bluebird Solar

With a rich legacy spanning 40 years, Bluebird Solar has established itself as a trusted name in the solar manufacturing industry. Boasting a state-of-the-art 1.2GW manufacturing line, Bluebird Solar produces a range of solar panels, including Polycrystalline solar panel, Mono PERC solar panel, and Halfcut solar panel. Their fully automated facility in Greater Noida, certified with ISO 9001:2015, ISO 14001-2015, and ROHS, reflects their commitment to innovation and quality.

2. Tata Power Solar

Serving the industry for over three decades, Tata Power Solar is a stalwart in the solar energy sector. With in-house production capacities of 635MW for modules and 500MW for cell manufacturing lines, Tata Power Solar offers comprehensive green energy solutions for various applications, including utility-scale projects, solar rooftops, and solar pump systems.

3. Adani Solar

Incorporated in 2016, Adani Solar has quickly become a major player in the solar panel manufacturing industry. With a massive 4GW manufacturing capacity, the company focuses on mono facial and bifacial solar modules using PERC technology. Adani Solar is actively contributing to the development of a 10GW Solar PV Manufacturing ecosystem in India.

4. Vikram Solar

Established in 2006, Vikram Solar has a presence in the solar energy sectors of more than 32 countries. With an annual manufacturing capacity of 3.5GW modules, the company is ambitiously working towards India's green energy goal of 500GW by 2030. Vikram Solar has already commissioned over 300 projects at multiple locations.

5. Waaree Energies

Founded in 1989, Waaree Energies Ltd. is the largest solar panel manufacturer in India, with a manufacturing capacity of over 12GW. With a presence in over 380 locations in India and 20 foreign nations, Waaree Energies has played a crucial role in advancing the solar energy sector over the past three decades.

6. Saatvik Green Energy

Beginning its journey in 2015 from Haryana, Saatvik Green Energy actively contributes to the solar energy sector with an annual production capacity of 1GW. The company has a manufacturing plant in Ambala, Haryana, and plans to set up another one with a capacity of 1.2GW in Gandhidham, Gujarat.

7. RenewSys

Since its inception in 2011, Renewsys India has grown steadily, with a total installed module manufacturing capacity of 2.75GW. The company supplies solar products, including Solar panels, PV Cells, PV Encapsulants – EVA & POE, and PV back sheets, to over 40 countries, operating from three manufacturing plants in Bengaluru, Hyderabad, and Patalganga.

8. Goldi Solar

Gujarat-based Goldi Solar, founded in 2011, has achieved remarkable growth, going from a 10MW to 500MW manufacturing capacity within a decade. With annual manufacturing capabilities of 2.5GW and plans to add another 2000MW by the end of 2023, Goldi Solar is making significant strides in the solar energy market.

9. Jakson Solar

As a subsidiary of the Jakson Group, Jakson Solar specializes in providing high-quality solar panels and power solutions. The company's commitment to sustainability is reflected in its clean and green manufacturing processes.

10. Loom Solar

Entering the solar panel manufacturing industry in 2018 from Faridabad, Haryana, Loom Solar has quickly made a mark. With an annual manufacturing capacity of 100MW, the company provides solar panels for clean energy generation and maintains a robust channel sales network with over 3500 resellers in over 500 districts of Indian states.

Conclusion:

In conclusion, these top 10 solar panel companies in India are playing a pivotal role in driving the country towards a sustainable and energy-efficient future. Their commitment to innovation, quality, and capacity expansion is paving the way for a cleaner and greener India, contributing significantly to the global shift towards renewable energy sources.