The solar energy sector holds immense potential to revolutionize energy consumption in India, powering homes and industries with clean and free electricity. However, to meet the growing demand for solar energy, we must build robust infrastructure and ensure the availability of top-quality solar panels. This article highlights the top 10 solar panel manufacturers in India in 2024, offering the best quality products and contributing significantly to the country’s green energy goals.
List of Top 10 Solar Panel Manufacturers in India 2024
Here’s a detailed overview of the leading solar panel manufacturers in India actively shaping the future of renewable energy.
1. Adani Solar
Founded in 2016, Adani Solar has quickly become a prominent player in the solar energy sector with an impressive 4 GW manufacturing capacity. Known for its advanced mono-facial and bifacial modules using PERC technology, Adani Solar is working toward creating a 10 GW solar PV manufacturing ecosystem. As one of India’s largest solar panel manufacturers, Adani Solar contributes significantly to clean energy initiatives. Kpowers is an authorized distributor and channel partner for Adani Solar panels in Tamil Nadu.
2. Tata Power Solar
With over three decades of experience, Tata Power Solar is a pioneer in India’s solar industry. It provides solar solutions for residential, commercial, and industrial needs, along with solar rooftops and pump systems. The company boasts a module production capacity of 635 MW and cell manufacturing lines of 500 MW. Tata Solar also excels in turnkey projects and EPC (Engineering, Procurement, and Construction) solutions, ensuring clean energy access across urban and rural areas.
3. Servotech Power Systems Ltd.
An award-winning name in the Indian solar industry, Servotech Power Systems Ltd. has been a reliable player for over 18 years. The company offers a range of products, including solar panels, inverters, and batteries, along with turnkey EPC services. Servotech has introduced innovative solutions like portable solar rooftops (PV Ports) and a solar-powered carport. Their pan-India presence, supported by 1,000+ dealers, ensures widespread availability of solar solutions.
4. Waaree Energies Ltd.
Established in 1989, Waaree Energies Ltd. is India’s largest solar panel manufacturer, with a production capacity exceeding 12 GW. With a presence in over 380 locations in India and 20 countries worldwide, Waaree is a global leader in solar energy. The company is known for its high-quality panels and commitment to sustainability.
5. Vikram Solar
Founded in 2006, Vikram Solar operates in more than 32 countries and has installed over 1.42 GW of solar projects in India. With an annual manufacturing capacity of 3.5 GW, Vikram Solar is a major contributor to India’s goal of achieving 500 GW of renewable energy by 2030. The company has commissioned over 300 projects, making it a trusted name in the solar energy sector.
6. Goldi Solar
Based in Gujarat, Goldi Solar has grown rapidly since its inception in 2011. The company has expanded its manufacturing capacity from 10 MW to 2.5 GW in just a decade, with plans to add another 2 GW by the end of 2023. Goldi Solar exports its products to 20+ countries, delivering cutting-edge solar solutions to global markets.
7. Saatvik Green Energy Pvt. Ltd.
Haryana-based Saatvik Green Energy Pvt. Ltd. began its journey in 2015 and has a manufacturing capacity of 1 GW. The company is set to enhance its capacity further with a new plant in Gujarat. Saatvik’s innovative solar products make it a trusted partner in India’s renewable energy journey.
8. Renewsys India
Established in 2011, Renewsys India offers a range of solar products, including PV cells, modules, encapsulants, and back sheets. With a production capacity of 2.75 GW, Renewsys supplies to over 40 countries. Its state-of-the-art manufacturing plants in Bengaluru, Hyderabad, and Patalganga make it a reliable solar panel manufacturer in India.
9. Loom Solar Pvt. Ltd.
Founded in 2018, Loom Solar Pvt. Ltd. has rapidly emerged as a key player in the solar energy sector. With a network of over 3,500 resellers across 500 districts, Loom Solar ensures the accessibility of solar panels and related products. Its current manufacturing capacity stands at 100 MW.
10. Premier Energies
Premier Energies Limited is a prominent renewable energy company in India specializing in the manufacturing of solar panels, photovoltaic cells, and energy solutions. Founded in 1995 and headquartered in Hyderabad, Telangana, the company plays a critical role in the solar energy sector. Its annual production capacity includes 2 GW of solar cells and 3.36 GW of solar modules, making it one of the leading solar manufacturers in the country.
Conclusion
The growing demand for solar panels in India highlights the need for sustainable energy solutions. These top 10 solar panel manufacturers in India are paving the way for a greener future by ensuring high-quality products and innovative solutions. Investing in solar energy not only reduces electricity bills but also contributes to a cleaner environment and a sustainable energy ecosystem.
Choose from these trusted brands to harness the power of the sun and enjoy a future of clean, green energy solutions.
Frequently Asked Question
1. Can solar panels help reduce electricity bills?
Yes, installing solar panels can significantly reduce electricity bills by generating clean and free energy from the sun. Many of the top manufacturers provide systems that allow users to save up to 80% on their energy costs.
2. Who are the top solar panel manufacturers in India in 2024?
The top solar panel manufacturers in India for 2024 include:
Tata Power Solar
Adani Solar
Servotech Power Systems Ltd.
Waaree Energies Ltd.
Vikram Solar
Goldi Solar
Saatvik Green Energy Pvt. Ltd.
Renewsys India
Loom Solar Pvt. Ltd.
Patanjali
3. Which solar panel manufacturer has been in the industry the longest?
Tata Power Solar has been in the solar energy sector for over three decades, making it one of the oldest and most experienced manufacturers in India.
