India has the world’s second-largest population and an energy-intensive environment. The nation has now accelerated the transition to renewable energy sources like solar energy, to meet the rising electricity demand and reduce the dependence on polluting energy sources.
India’s current solar capacity is 64GW and the central government has set a 280 GW capacity target for 2030.
Some of the major advantages that solar energy offers are as follows:
• Reduced electricity bills
• Protection against power tariff hikes
• Clean energy resource
• Low maintenance costs
• Long-run investment
To reduce its dependence on China, India is striving to build its domestic manufacturing capacity in the solar sphere. Recently, the government approved a ₹19,500 crore PLI scheme for manufacturing high-efficiency solar modules.
Here are the top 5 solar panel manufacturers in India who are also leading the solar industry across the globe.
• Renewsys Solar
• Adani Solar
• Waaree Solar
• Vikram Solar
• Tata Solar
RenewSys
Renewsys Solar is a leading integrated manufacturer of Solar PV Modules and their key components – Encapsulants, Backsheets, and Solar PV Cells. The headquarter of RenewSys Solar is based in Mumbai, Maharashtra, with manufacturing plants in Maharashtra, Bengaluru, and Hyderabad.
RenewSys Solar’s Patalganga, Maharashtra manufacturing plant is the latest one, which is established in 2021 with a 1.2 GW solar PV modules capacity.
The company supplies high-efficiency modules to over 40 countries. The brand was recently added to the Approved List of Models and Manufacturers (ALMM) by the Indian government.
- Year of Establishment: 2011 in Mumbai.
- Global Installations: More than 1.6 GW of PV modules, 400+ MW PV cells & 20+ Gw of Encapsulants & Backsheets (In more than 40 countries).
- Manufacturing Capacity: Solar Module: 2 GW, Solar Cell: 1 GW, Encapsulants: 1 GW, Backsheets: 1 GW.
- Model Range of Panels: 260 Watt to 535 Watt.
Adani
Adani Solar is one of the largest vertically integrated Solar PV manufacturing and EPC arm companies and a key pillar of the Indian solar industry. The headquarters of Adani Solar is based in Ahmedabad, Gujarat, with manufacturing plants in Mundra (Gujarat).
This company produces high-efficiency Multi, Mono PERC, and Bifacial modules that provide higher performance, and enhanced reliability.
- Year of Establishment: 2005 in Ahmedabad.
- Manufacturing Capacity: 4 GW Solar PV cell and modules.
- Model Range of Panels: 295 Watt to 660 Watt.
Waaree
Waaree is India’s renowned solar panel manufacturer & the biggest exporter in the USA. They are known for the quality of their products. Waaree Energies is one of the oldest EPC players in India. The headquarter of Waaree Solar is based in Mumbai, Maharashtra & manufacturing plants are in Surat and Umbergaon, Gujarat.
With 32 years of experience, Waaree Solar provides high-quality, cost-effective sustainable energy solutions across the globe.
- Year of Establishment: 1989 in Mumbai.
- Global Installations: 4 GW (In More Than 68 Countries).
- Manufacturing Capacity: 5 GW Solar PV Modules.
- Model Range of Panels: 320 Watt to 665 Watt.
Vikram Solar
Vikram Solar is a well-known solar panel manufacturer in India & the biggest solar projects installer in the south India region. They are known for their manufacturing capacity & the efficiency of their solar panels. The headquarters of Vikram Solar is located in Kolkata & the manufacturing plants are in Falta (West Bengal) and Chennai (Tamil Nadu).
Vikram Solar’s products are designed to the highest standards of quality, reliability, and performance.
- Year of Establishment: 2006 in Kolkata.
- Global Installations: More Than 2.4 GW.
- Manufacturing Capacity: 2.5 GW.
- Model Range of Panels: 315 Watt to 665 Watt.
Tata Power Solar
Tata Power Solar, the name of trust & integrity, is one of India’s most trusted solar panel brands (formerly Tata BP Solar) and was a joint venture between Tata Power and BP Solar. It is the largest Rooftop installer in India. The headquarters of Tata Power Solar is located in Mumbai & the manufacturing plants are in Bengaluru (Karnataka).
- Year of Establishment: 2011 in Mumbai.
- Global Installations: 1.5 GW (across 13 states in India).
- Manufacturing Capacity: 528 MW Solar Cells & 500 MW Solar Modules
- Model Range of Panels: 50 Watt to 330 Watt.
Ornate Solar is India’s leading solar company with 8 years of experience. By partnering with the best-in-class global solar brands, we bring the most reputed solar panels, inverters, and solar accessories to you and make your shift to solar cost-effective and easy.
If you are planning to buy solar panels, you can connect with Ornate Solar to get the best prices on the RenewSys Solar Panels/ Modules series (Mono Perc with Half Cut Technology – 530 to 535 Wp, Deserv: Mono Perc -370 to 400Wp & Deserv: Poly Crystalline-320 to 340 Wp). We are the official partner of RenewSys Solar panels in India.
For more information, give us a call at 011 4353 6666.
Insightful breakdown of India’s leading solar panel manufacturers! Seeing how these companies contribute to the country’s sustainable future is impressive.
The demand for solar panels is continuously increasing all over the world. Electricity consumers are shutting down their electricity connections. Because the cost of solar panels is much less than the electricity bill. Many big companies are selling their solar panels in the market.
Very good information provided thank you very much.
Hi I look forward solar in south africa any one can help me with that thank you
Hello, Kindly mail us your requirements at Info@ornatesolar.com our team will get in touch with you soon.
Want a solar distributionship in jaipur Rajasthan
Best work
I want 5 kw solar plant for my house please tell me how much cost
If it is a Roof top then cost with string inverter and Canadian Solar panel will be approx. – 55-60 Rs/ Watt.
These rates may change after the site visit.
For further queries, you can contact us on +91-11-4353-6666 and info@ornatesolar.com or you can share your contact details here and our team will reach out to you.
which of the above does provide highest capacity solar panels?
Renewsys has recently launched Mono Perc Solar Panels – 530 WP to 535 WP.
To know more about the panel, you can visit our page at https://ornatesolar.com/renewsys-india/mono-perc-solar-modules.
Can you suggest some of the best panels along with prices? Actually i am planning to have a residential solar power plant for my home (around 10KW system).
I was just wondering, What percent of the solar market in India is fulfilled by Indian companies and what percent is covered by import in the market. nice blog…