Solar panels have become one of the most popular products in the energy sector. As more people understand the importance of converting to renewable energy, more solar products are being introduced to the market. The Indian solar industry is booming, and every year, new manufacturers are being added to an ever-growing list. However, there are some solar panel manufacturers in India that have secured the top spot in the industry.
This article discusses the top 10 solar panel manufacturers in India based on their manufacturing capacity. These manufacturers have several local or international manufacturing facilities approved and certified according to national standards. These are also the top 10 manufacturers which are constantly expanding their manufacturing capacity to keep up with the increased demand for solar panels in India.
- Microtek Solar Solutions
- Goldi Solar
- Loom Solar
- EMMVEE
- Tata Power Solar Systems Limited
- Adani Green Energy Limited
- Waaree Energies Limited
- Vikram Solar Limited
- RenewSys Solar
- JinkoSolar
Starting from 300 kW to 5 GW, these are the largest solar manufacturers in India.
Top 10 solar panel manufacturers in India by manufacturing capacity
Microtek Solar Solutions
Headquarters: New Delhi, New Delhi.
Area Served: Worldwide.
Microtek Solar Solutions is one of the most popular solar panel manufacturers in India. The company has completed installations for over 120 million users worldwide. The company was established in 1986 and is one of the oldest solar companies in the world. Microtek Solar Solutions has a presence in seventeen countries. The company has received the Brand of the Year 2020 Award and was featured in Forbes India as the Most Trusted and Preferred Brand of 2019. The company has a manufacturing capacity of over 300 kW annually.
Goldi Solar
Headquarters: Surat, Gujarat.
Area Served: Worldwide.
Goldi Solar is an Indian solar panel manufacturer with a manufacturing capacity of over 500 MW. The company has an international presence in 20 countries including U.S.A., U.A.E, Turkey, France, Greece, Denmark, Croatia, Germany and Myanmar. The company has completed over 10,000 projects in both the residential and EPC sector within just 10 years of establishment. Goldi Solar has earned the Tier 1 Solar PV Manufacturer recognition by the Bloomberg New Energy Finance List (BNEF) 2020.
Loom Solar
Headquarters: Faridabad, India.
Area Served: Nationwide.
Loom Solar is an Indian solar start-up established in 2018 and has become one of the fastest-growing solar panel manufacturers in India. The company has a presence in over 500 cities and has a franchise of over 3,500 people all across the country. Loom Solar has been recognized as India’s Number 1 Mono Panel Manufacturer. The company has also won the Golden Bridge Award and the Amazon SMBHAV & Energy Business of the Year Award. The company caters specifically to the growing demand in India’s residential and commercial rooftop sector. The company has a manufacturing capacity of 100 MW.
EMMVEE
Headquarters: Bangalore, India.
Area Served: Worldwide.
EMMVEE was established in 1992 and focuses entirely on solar-powered solutions. The company has two primary products: PV modules and solar water heaters. The company has international offices in Berlin and Yemen which allow the company to cater to an international audience. The company has won the Solar Consumer Choice Award, the Solar Module Company of the Year Award and the Business Leadership Excellence Award. The company has a manufacturing capacity of 500 MW annually.
Tata Power Solar Systems Limited
Headquarters: Mumbai, Maharashtra.
Area Served: Worldwide.
Tata Power Solar Systems Limited is affiliated with Tata Power, one of the most well-known powers and utility companies in India. The company began operations as a solar panel manufacturer in 1991. Tata Power Solar is part of the Tata Group, comprising over 100 independently operating companies. With over 29 years of experience in the industry, Tata Power Solar can manufacture 1.1 GW of solar cells and modules. The company has won the Best Service Provider of the Year: Asset Management Turnkey Award 2021.
Adani Green Energy Limited
Headquarters: Ahmedabad, Gujarat.
Area Served: Nationwide.
Adani Green Energy Limited is one of the largest renewable companies in the country. The company focuses on harnessing both solar and wind power. The company has a renewable energy portfolio of over 15,390 MW spread out over 87 locations in the country. Adani Green Energy Limited manufactures both monocrystalline and polycrystalline solar panels for EPC and utility projects. The company has commissioned an MoU with Rajasthan Renewable Energy Corporation Ltd., Government of Rajasthan to create the Adani Renewable Energy Park Rajasthan Ltd. The company can manufacture 1.5 GW of solar modules annually.
Waaree Energies Limited
Headquarters: Mumbai, Maharashtra.
Area Served: Worldwide.
Waaree Energies Ltd. is the flagship company of the Waaree Group. The company began operations in 1989 but converted to a solar panel manufacturer in India in 2007. The company has a local presence in 350 locations, has a network of 375+ franchises and has a reach in over 68 countries worldwide. The company received the EPC Company of the Year FY 2019-20 Award from AsiaOne in February 2021. The company has a manufacturing capacity of 2 GW and completes both residential installations and EPC projects.
Vikram Solar Limited
Headquarters: Kolkata, West Bengal.
Area Served: Worldwide.
Vikram Solar Limited is the subsidiary of the Vikram Group, comprising subsidiaries in tea, textiles and Engineering. Established in 2006, the company completes the engineering, procurement and construction of solar panels. Vikram Solar Limited exports solar modules to African and European countries. The company has received the India Rooftop Solar Congress Leadership Award 2018and the Active Customer Engagement Award from CII. The company has a manufacturing capacity of 2.5 GW and has become one of the largest solar panel manufacturers in India.
RenewSys Solar
Headquarters: Mumbai, Maharashtra.
Area Served: Worldwide.
RenewSys Solar is part of the ENPEE, a group of companies founded in 1961. The company has dedicated offices in India, China, UAE, Europe, the U.S.A., Mexico, Brazil, Nigeria, Mauritius, South Africa and Singapore. The company’s primary product is solar panels. The company commissions both national and international projects. RenewSys often partners to complete large-scale EPC projects. They are part of the Confederation of Indian Industries. They have a manufacturing capacity of over 3 GW spread out over three manufacturing plants.
JinkoSolar
Headquarters: Shanghai, China.
Area Served: Worldwide.
JinkoSolar Holding Co., Ltd. is an international solar panel manufacturer established in 2006. During its 15 year tenure, JinkoSolar has become a leading solar panel manufacturer according to the New York Stock Exchange (NYSE). The company has six production facilities and over 15 subsidiaries in Asia, Europe, North America, South America, Middle East and Africa. The company manufactures both monocrystalline and polycrystalline modules with a light absorption rate of almost 99%. The company has a total manufacturing capacity of over 5 GW for solar panels.
As India moves towards sustainable energy, we can rely on these companies to create better, more efficient and technologically advanced products that will fulfill our requirements. Whether you’re looking for a PV module or a lithium-ion battery, these top solar panel manufacturers in India can be depended upon to provide high-quality, economical solar products.
Thank you for posting such a valuable post,helpful in boosting my knowledge.We are also working in the same sector, manufacturing solar panels and providing sheet fabricator services.for more info visit our website.
Thank you for posting such a valuable post,helpful in boosting my knowledge.We are also working in the same sector, manufacturing solar panels and providing sheet fabricator services.for more info visit our website.