2022 is going to be a watershed year for the renewable power industry in India. According to the Ministry of New and Renewable Energy (MNRE), as of November 2021, India has achieved a cumulative installed renewable energy capacity of 150 GW. It has projects of 50.98 GW capacity in various stages of implementation.
As part of the One Sun, One World, One Grid (OSOWOG) project proposed by the International Solar Alliance (ISA), India is poised to become a leading supplier of solar power to neighboring countries with the $1 trillion ‘Solar Investment Roadmap for 2030’. Additionally, at COP26 2021 the RE target for India was set to 500 GW for 2030, intensifying the efforts and pace of implementation.
The Government of India intends to promote the use and manufacturing of renewable energy and expedite production capacity building with favorable policies. It provides an opportunity for RE businesses to attract foreign direct investments, collaborates with the Government of India, boost startups, and support MNRE in its objectives. Encouragement to startups and MSMEs and Government subsidies are paving the way to enable and adopt renewable energy at a mass scale. A country that meets the demands of a population of 1.3 billion requires a massive supply of energy. While traditional resources, like coal, are reaching the verge of depletion along with generating harmful emissions, a longstanding energy alternative is required in India. Solar panel manufacturers company in India are shedding the load of the Indian Government by providing quality solar energy solutions.
Solar energy is expected to contribute to almost 55% of India’s overall renewable energy capacity, and it is good news for solar panel manufacturing companies. Listed here, are the top 10 solar panel manufacturers in India that are significantly contributing to the green energy vision of the Government of India.
Here is a list of the Top 10 solar manufacturing companies in India
Insolation Energy
Incorporated in October 2015 in Jaipur (Rajasthan) India, Insolation Energy Ltd. (INA) is a national solar energy provider and has set up a state of the art fully automatic solar PV module manufacturing plant, batteries and inverter at Jaipur. It is one of the top 10 solar panel company in India that integrates leading-edge technology in its manufacturing process.
As a responsible solar panel manufacturing company in India, Insolation Energy makes sure to employ the best industrial talent. The most modern 200 MW Solar PV Module Manufacturing Unit is conceptualized by promoters and engineers, engaged from the best Institute and Industry, having relevant domain expertise in solar panel manufacturing, and caters to high-efficiency PV Modules in the range of 40Wp to 545Wp. Its dedicated personnel leaves no stone unturned to pursue the green energy initiatives of India.
The company coalesces a comprehensive portfolio of solar energy products with the vision of a sustainable future. It is the diversified strength of INA that has helped it to reach the benchmark of the best solar panel company in India. Portfolio covers both Poly and Mono crystalline modules and new innovative products such as Twin power, Dual glass (Glass to Glass), BIPV, Poly, Monofacial/bifacial. Our solar PV modules are rated highly efficient, provide better generation, and offer unique technical advantages across varied applications.
A robust infrastructure, the latest technology, and unquestionable quality are the key strengths of the manufacturing process of the company. The fully automatic, state of the art solar panel manufacturing unit is spread over more than 65,000 Sq. ft area with the latest robotic machinery and stringent Quality Assurance process from inward stage to final QA, which delivers A-grade quality solar PV module, confirming to all international/domestic standards such as UL, MNRE, CE, BIS –IS : 14286 etc. in the brand name of INA. Reflecting its vitality in every phase of manufacturing, the company sits among the reputed solar module manufacturers in India.
In a small span of five years and after successive and intensive trials initially, INA has emerged as a leading solar manufacturer in India with significant contributor in EPC / Solar developer domain and a strong brand committed with a successful track record of developing, engineering, constructing, and connecting more than 250 MW*+ of solar PV modules Supply and with more than 10000+ Happy Customers.
INA modules come with international quality and BIS standards and have a positive impact on the growth of Commercial, Industrial, Residential, and off-grid segments of solar business from Watts to KW to MW. A time-bound structure is followed at Insolation Energy, the best solar manufacturer in India, to deliver effective results when expected. In the stretch of over 5 years, INA was able to deliver more than 500 projects across the nation. Moreover, uncompromised quality is ensured upon the delivery of each and every project. Hence, the company takes pride in being and envisions continuing as the best solar manufacturer in India.
The company plans to expand its present capacity to 700 MW and is in process of setting up it’s another state-of-the-art manufacturing set up of 500 MW in the year 2022 and is on its way to be part of GW scale manufacturing and MW scale storage solution.
Goldi Solar
Goldi Solar is a leading Indian solar panel manufacturing company. Headquartered in Surat, Gujarat. The company has grown its manufacturing capacity from 10 MW to 500 MW in the last decade. The company offers industrial, commercial, residential, agricultural and on-grid and off-grid solar projects.
Tata Power
This is an eminent renewable power manufacturer from India with three decades of solar industry operations, making some of the best solar panels. An industry-leading company with a production capacity of 580 MW of modules and 530 MW of cells, Tata Power has a stronghold in rooftop solar panels with 750 MW of installations. The company offers industrial, commercial, residential, and on-grid and off-grid solar projects.
Vikram Solar
This company is a major solar energy solution provider. With operations in over six continents, Vikram Solar is headquartered in Kolkata, West Bengal, and is one of the largest solar PV module manufacturers. They have over 1 GW of solar production capacity and a 10 kW floating solar plant in Kolkata.
Waaree Energies
Based in Mumbai, Maharashtra, Waaree Energies is one of the significant players in the solar manufacturing industry. With operations across India as well as abroad, the company offers EPC services, project development, solar rooftop solutions, solar water pump, and power plant solutions. They have a 2 GW module manufacturing facility in Surat.
Premier Energies
Hyderabad-based Premier Energies is a leading solar EPC company with over 25 years of experience in PV cells and module manufacturing. They have sold 1.5 GW modules worldwide. They have recently launched a new solar plant with a capacity of 750 MW for each cell and module.
RenewSys India
This company manufactures solar modules and key components like PV cells, back sheets, and encapsulants. With 3 manufacturing facilities, the Mumbai-based company supplies to over 40 countries worldwide.
Pixon
This Rajkot-based company manufactures solar modules and is one of the top 10 solar manufacturers in India with a 400 MW capacity. Pixon also provides EPC services and manufactures raw materials such as EVA films.
Adani Solar
Adani Solar is a wholly-owned subsidiary of Adani Enterprises Ltd., a leading conglomerate in India. The company is listed among the 15 largest utility solar power developers in the world and manufactures solar modules and cells in Mundra, Gujarat.
Navitas Solar
Navitas Solar manufactures mono/multi-crystalline solar photovoltaic (PV) modules. Apart from solar panels, the Surat-based company also provides a complete lifecycle of solar power solutions and project development in solar power plants.
