India’s solar energy sector has witnessed remarkable growth in recent years with several companies leading the charge in manufacturing, innovation, and sustainable energy solutions. Here’s a detailed look at the top 20 solar companies in India that are shaping the future of renewable energy:
1. Tata Power Solar
Founded in 1989, Tata Power Solar is India’s largest integrated solar company. A subsidiary of Tata Power, it manufactures solar cells, modules, rooftop solar panels, and solar water pumps. The company has delivered over 3 gigawatts (GW) of solar modules globally and boasts India’s largest rooftop solar project, vertical solar farm, and floating solar power project.
2. Premier Energies
Established in 1995, Premier Energies is a Hyderabad-based company with a fully integrated production line capable of manufacturing 3.4 GW of solar cells and modules. The company plans to expand its capacity by an additional 1.6 GW and offers engineering, procurement, and construction (EPC) services for large-scale solar power plants.
3. Microtek
Based in Delhi, Microtek specializes in power products, including solar solutions for retail and commercial users. Its portfolio includes solar panels, power conditioning units, solar management units, and grid-tied inverters.
4. Photon Energy Systems
Photon Energy Systems, founded in 1995, manufactures solar panels and thermal system components like flat plate collectors and evacuated tube collectors. The Hyderabad-based company also provides EPC services for rooftop solar systems and solar power plants.
5. Ampin Energy Transition
Formerly known as Amp Energy India, Ampin Energy Transition was established in 2016. Headquartered in New Delhi, the company works with commercial, industrial, and utility customers to transition to renewable energy, with a focus on solar power.
6. Vikram Solar
Vikram Solar, founded in 2005, is one of India’s largest solar panel manufacturers, with a production capacity of 3.5 GW. The Kolkata-based company also offers EPC and operations and maintenance (O&M) services and is credited with developing India’s first floating solar plant.
7. Waaree Energies
Waaree Energies, established in 1989, is India’s largest solar panel manufacturer, with an installed capacity of 12 GW. The Mumbai-based company also produces solar inverters, street lights, mobile chargers, and bags, along with providing EPC services.
8. Jakson
Jakson, an energy conglomerate, operates a solar energy business with a 1.2 GW manufacturing plant in Noida. The company plans to expand its capacity to 3 GW by 2025 and offers EPC and O&M services for rooftop and utility-scale solar projects.
9. Mahindra Susten
Mahindra Susten, the clean energy arm of the Mahindra Group, was founded in 2010. The Mumbai-based company has over 1.5 GW of renewable assets and has provided EPC services for more than 60 projects.
10. Azure Power
Azure Power, established in 2009, developed India’s first utility-scale solar project. The New Delhi-based company has over 3 GW of operational capacity and 4.3 GW of contracted and awarded capacity, specializing in solar solutions for utilities, commercial, and industrial customers.
11. Goldi Solar
Goldi Solar, founded in 2011, has a 2 GW module manufacturing capacity at its Navsari campus and an additional 500 MW facility in Pipodara. The Surat-based company also manufactures inverters and plans to venture into solar cell manufacturing by 2024.
12. Sova Solar
Sova Solar, established in 2008, has an annual production capacity of 850 MW and aims to expand to 1 GW by 2024. The Kolkata-based company targets 5 GW of capacity by 2026.
13. SWELECT Energy Systems
Formerly Numeric Power Systems, SWELECT Energy Systems was founded in 1984. The company produces solar panels, inverters, water pumps, and hydropanels, with a 500 MW manufacturing facility in Coimbatore.
14. Jupiter
Jupiter, a Kolkata-based solar cell manufacturer, has an 800 MW production facility in Baddi, Himachal Pradesh. The company also provides EPC services for rooftop and ground-mounted solar projects.
15. Loom Solar
Loom Solar, founded in 2018, is a fast-growing company based in Faridabad. It manufactures solar panels, inverters, and lithium batteries for off-grid and hybrid solar systems.
16. Adani Solar
Adani Solar, a division of the Adani Group, is India’s largest vertically integrated solar manufacturer. Founded in 2015, the company has a 4 GW manufacturing facility in Mundra, Gujarat, and is building a 10 GW photovoltaic manufacturing ecosystem.
17. Emmvee
Emmvee, established in 1992, manufactures solar water heating systems and panels. With a 3 GW module manufacturing capacity, the Bangalore-based company aims to expand to 5 GW by 2024.
18. Servotech
Servotech, founded in 2004, offers solar panels, batteries, inverters, and portable solar rooftop systems. The New Delhi-based company also provides EPC services for residential and commercial projects.
19. ICOMM
ICOMM, established in 1994, operates in the solar energy sector with products like home lighting, street lights, garden lights, and solar water pumps. The company also manufactures solar water heating technologies.
20. RenewSys
RenewSys, a division of the ENPEE Group, was founded in 2011. The Mumbai-based company manufactures solar panels and components like encapsulants, backsheets, and photovoltaic cells, with facilities in Hyderabad, Bangalore, and Patalganga.
Conclusion
These top 20 solar companies in India are at the forefront of the country’s renewable energy revolution. By leveraging advanced technology, expanding manufacturing capacities, and offering comprehensive EPC and O&M services, they are driving India’s transition to a sustainable energy future.