“Sustainable energy ecosystem required for clean and green future”
India is a developing manufacturing hub that encourages companies from all over the world to have their manufacturing done here. Having such a wide expansion network and seeking opportunities Top 10 Solar Panel manufacturers in India seek exponential demand in the coming times and seek to multiply their production capacity in desired time. With the necessary manufacturing infrastructure in place, consumption and demand for clean and green energy are expanding in order to minimize carbon emissions. India’s carbon footprint has grown significantly as a result of widespread commercialization
Solar energy in recent has witnessed a noticeable influence on the energy system in India over the past few years. Millions of people in Indian communities have profited from solar energy-based decentralized and distributed applications that satisfy their cooking, lighting, and other energy demands in an environmentally benign manner.
Solar energy or solar modules manufactured by India’s leading manufacturers are gaining a high rise in demand as of now especially in the rural segment as they provide the required amount of energy to operate electricity utensils at home that generate the required amount of heat for cooking. Solar Sector in India is growing at a rapid rate and is soon expected to provide ample amount of job opportunities for technically and professionally sound workforce.
To promote and support India’s green energy system, the government “is proactively assisting Indian players and enterprises in every conceivable manner, enticing participants from all over the world to produce and create the essential ecosystem.
According to the latest data made available by the Ministry of New and Renewable Energy (MNRE), as on Feb 2022, a cumulative energy capacity of 132.15 had been installed in the country with an additional capacity of 46.5 GW under various stages of implementation.
Some of the major advantages that Solar Energy offers are as follows:-
- Reduced unwanted monthly electricity bills.
- Contribute towards a greener and cleaner environment.
- Low maintenance cost
- One Time investment
- No harmful emissions
List of Top 10 Solar Panel Manufacturers in India.
1. Saatvik Green Energy Pvt. Ltd.
Saatvik Green Energy is one of the leading and fastest-growing module manufacturing company listed among the top 10 Solar panel manufacturers in India. Currently, the company operates its production from Ambala with its corporate office in Gurugram. The production facility at Ambala is equipped with ultra-modern and advanced technology-built types of machinery along with robotic technology at assembly lines for faster processes. Having a production capacity of 1.5 GW/Annum, Saatvik manufactures high and premium-quality Solar PV Modules for Rooftop, Commercial, and Utility applications. The company offers varieties of range in Solar PV Modules such as Polycrystalline up to 335 WP, Bifacial mono perc up to 545 WP, and Mono perc half cut up to 590 WP, using M-10 Technology.
As per the expansion, Plan Company is consistently striving across the international market and soon going to start off with its export division for which the company has strategized its global marketing strategies. The solar sector in the United States is prepared to revive, with an exponential increase in solar installation projects planned around the country. With the goal of shifting from fossil energy to green energy, demand for solar products in the United States has increased exponentially in recent years. Saatvik is all set to cater to the rising demand for solar modules and will soon start its operations in the USA market.
Saatvik to introduce another premium quality solar module delivering high-efficiency power. Get ready to witness the new generation technology, revealing soon generating 660 Wp modules with N-type technology. Being one of the leading & top solar manufacturing companies in India Saatvik aims to establish the most required ecosystem in the country. Saatvik Green Energy Pvt Ltd is continuously speculating the standards and onerously striving across technology to create benchmarks and attain the position achieved among the top 10 solar panel manufacturers in India.
Also, the company has recently added EPC services in their business verticals aiming to supply and do the installations for the marquee projects across, With EPC services added the company will soon establish new benchmarks.
Saatvik solar has been recognized among the “Top 3 module manufacturing companies” by leading research media publications such as JMK & Mercom. With high-quality modules delivered across big marquee Projects Company has attained a brand repo in the market becoming the most promising module manufacturer.
Saatvik Green within a short tenure has created remarkable benchmarks with its quality products and services offered, Company with its continuous efforts has ranked from nowhere to “Top 10 Solar Module Manufacturing companies in India”.
2. Adani Green
Adani Green Energy is also ranked among “the top 10 solar panel manufacturers in India”, engaged in the manufacturing of Solar Pv Modules. Adani Solar, a subsidiary of Adani Enterprises Ltd., is one of the world’s top 15 utility solar power developers. In Mundra, Gujarat, they manufacture solar cells and modules with 1.5 GW+ of cell and module capacity. Adani Solar is one of India’s major solar panel installers.
Adani Solar is India’s first and biggest vertically integrated solar enterprise, offering goods and services across the photovoltaics manufacturing spectrum. The cutting-edge technology, which includes machinery and equipment obtained from best-in-class vendors, aims to aid in cost leadership, scale of operations, and dependability standards in line with worldwide benchmarks. Adani Solar is currently constructing the World’s First Fully Integrated and Comprehensive Eco-system of 10 GW Solar PV Manufacturing in Mundra, India.
3. Waaree Energies
Waaree Energies Ltd was formed in 1989 and are a Mumbai-based corporation with over 360+ locations in India and 68 overseas countries. Waaree is one of India’s top Solar Panel Manufacturers, with stunning 2 GW module production facilities in Surat.
Waaree energies is the first organization in India to have an in-house NABL Lab Facility. They provide EPC services, project development, solar water pumps, solar rooftop solutions, independent powerhouses, and a variety of other services. Waaree Energies Ltd. is one of the best solar panel manufacturers to rely on, with over 32 years of expertise and a presence in 68 countries worldwide.
4. Tata Power Solar Systems
This solar power company remains an eminent leader in manufacturing one of the India. The Company boasts a stronghold on residential rooftop solar units and has shipped about 1.4 GW of solar modules worldwide over the past 20 years.
Tata Power Solar has won India’s largest solar EPC contract. Tata Power Solar advances in its objective to contribute to India’s sustainability goals by adding one of the largest solar EPC projects to its portfolio, with SJVN Limited releasing a letter of intent for a 1GW EPC order for INR 5500 Cr. This EPC order was created with the creative utilisation of ‘Make in India’ cells and modules in mind.
The project will be built under the MNRE’s CPSU plan and will be finished in 24 months. This project, which will cover over 5000+ acres of land in Rajasthan, seeks to save approximately 22, 87,128kg of carbon emissions and is estimated to generate approximately 2500 million units yearly.
5. Vikram Solar
Vikram Solar is one of the major solar energy firms, delivering mono and bifacial solar panel modules across six continents. Over 1355 MW of solar projects have been constructed and commissioned in India. They have a solar panel production capability of over 1 GW and a 10 kW floating solar facility in Kolkata.
6. Loom Solar
Loom Solar Pvt. Ltd. is a mono-perc and lithium battery manufacturer based out of Faridabad, Haryana having a manufacturing capacity of 100 MW. The company which started in 2018 has become one of the fastest-growing solar panel manufacturers in India because of the wide range of solar panels from 10 watts to 450 watts super high-efficiency panels.
7. Renewsys Solar
They are a full-service provider of solar modules and critical components such as solar PV cells, black sheets, and encapsulants. They have two production plants in India and supply over 40 countries globally.
8. Goldi Solar
Goldi Solar is a renowned Indian manufacturer of solar panels. Surat, Gujarat, is the company’s headquarters. In the previous decade, the company’s production capacity has increased from 10 MW to 500 MW. The firm provides solar projects for industrial, commercial, residential, agricultural, and on-grid and off-grid applications.
9. Insolation energy
Insolation Energy Ltd. (INA), founded in October 2015 in Jaipur (Rajasthan), India, is a national solar energy supplier that has established a state-of-the-art fully automatic solar PV module production factory, batteries, and inverter in Jaipur.
The most contemporary 200 MW Solar PV Module Production Unit is designed by promoters and engineers recruited from the top Institute and Industries, all of whom have significant domain knowledge in solar panel manufacturing, and caters to high-efficiency PV Modules ranging from 40Wp to 545Wp.
10. Pixon Energy
With a 400 MW capacity, this Rajkot-based firm makes solar modules and is one of the top ten solar producers in India. Pixon also offers EPC services and produces raw materials like EVA films.
Top 10 Solar Panel manufacturers in India are striving hard across technology and innovation and by following international standards trying to launch higher efficiency products in the market promising better outputs. Solar panel manufacturers in India produce up to 545Wp to 590Wp solar modules in the Indian market for rooftop, Utility, and commercial applications. Currently, module manufacturers in India are focusing on reducing dependency on procuring raw materials from china. Implementing BCD by the government of India will sure boost sales in the coming times.
Most of the module manufacturers in India are currently working on M-10 technology and upgrading themselves towards G12 in coming to compete and meet the customer’s expectations.
Saatvik Green Energy the leading module manufacturer in India is striving hard across technology and innovations as its core note. Being listed among the top 10 solar module manufacturing companies in India and as per the expansion plan “Saatvik Green Energy is also starting off with its EPC services where the complete ownership of the project will be taken care of by the company itself.
The company will be engaged in the engineering, procuring, and construction of the projects at the job sites in both ground-mounted and rooftop projects format.
With a rich heritage and an experienced team, the company aims to create the required infrastructure and ecosystem to promote green and clean energy in India and made in India products.
Delivering high quality reliable and durable solar PV modules company has successfully attained and received high value.
The top 10 solar panel manufacturers in India are witnessing exponential demand from across the country and international markets as there is a mass conversion happening and a shift from fossil fuel energy to renewable energy is happening. India has a large solar energy potential. As Indian Market is witnessing a huge exponential growth rate in the sector, approximately 5000 trillion kWh of energy will be required for smoother operational activities transforming massive conversion from fossil to clean and renewable energy.
Top solar module manufacturers and EPC players are in a process of conducting research at different levels to opt for ideas and methods that will help in the massive scaling of solar products in India in terms of their electricity usage for commercial, residential, and industrial applications.
Solar also allows for dispersed power generation and allows for quick capacity increase with short lead periods. With the ongoing transformation towards greener and cleaner energy spaces, off-grid decentralization in rural areas will benefit the ecosystem. Solar energy consumption in the rural segment can be the best alternative for energy conservation and is readily accessible to all with minimal investment.
Now as the Indian Solar industry in India is expanding as quickly it was assumed and predicted a majority of demand for raw materials is currently met through imports from China, But as the government of India is aggressively working on improvising new techniques and promoting made-in-India product variety of schemes and policies has been improvised to support Indian players. Top Solar module manufacturers in India after the imposition of BCD have now taken a relaxed breath as after imposing BCD import duties have been raised up and Indian manufacturers are been considered by module manufacturers.