Solar energy has become the leading source of renewable energy in countries around the world. As more people understand the advantages of installing solar panels in their residential and commercial units, the amount of renewable energy generated per annum is only bound to increase.
The Government of India has made it its goal to generate at least 100 GW of solar power by 2022. As India heads towards this new solar energy goal, solar panel manufacturers in India will be the centre of attention. India is a host to over a hundred solar panel manufacturers. Some cater specifically to utility-scale projects while others cater to rooftop solar panel and commercial clientele.
In this article, we’ve highlighted the top five solar panel manufacturers in India that cater specifically to residential and small commercial customers.
Top 5 Solar Panel Manufacturers in India
#1 Loom Solar
Established in 2018, Loom Solar is an Indian start-up that has become one of the most popular solar panel manufacturers in India. Within three years, the company has expanded their reach from Faridabad to over 500 Indian cities. The company employs a network of over 3,500 franchises across the country to cater to locals and solve any problems the customer might face.
Awards Received: Amazon SMBHAV and Energy Business of the Year Award.
Manufacturing capacity: 100 MW
Most well-known for: Exceptional customer service, 5-day product delivery.
#2 Premier Solar
Located in Hyderabad, Premier Solar has over 20 years of experience as a solar panel manufacturer in India. The company has an international presence in 15 countries across Europe, Asia and Africa. The company is a recognized MSME partner and has supplied products to over 3 lakh Indian households. The company has sold over 500 solar modules and over 6000 solar water pumps.
Awards Received: National Award for Entrepreneur of the Year 2009 and National Award for Excellence in Renewable Energy for Rural Electrification by World Federation of CSR Professionals, 2015.
Manufacturing capacity: 375 MW
Most well-known for: Guarantee of 25 years on all solar products.
3 Goldi Solar
Goldi Solar is one of the fastest-rising solar panel manufacturers in India. The company expects to increase their manufacturing capacity to 2.5 GW by the end of FY 2021-22. The company has an international presence in over 20 countries and caters specifically to residential and EPC solutions. The company was established in 2011 and within 10 years, has become a popular solar products manufacturer.
Awards Received: Tier 1 Solar PV Manufacturer by Bloomberg New Energy Finance List (BNEF) 2020
Manufacturing capacity: 500 MW
Most well-known for: Completed over 10,000 projects.
4 Tata Power Solar
Tata Power Solar is part of the Tata Group of Industries. As one of the most popular solar panel manufacturers in India, Tata Power Solar holds over 5% market share of the industry. The brand’s reliability and popularity reach back to 1989, making it one of the oldest solar panel manufacturers in the country. The company also provides EPC solar solutions, although a majority of their client base is residential and commercial buildings.
Awards Received: Best Service Provider of the Year: Asset Management Turnkey 2021 Award.
Manufacturing capacity: 1.1 GW
Most well-known for: Completing 425 MW residential rooftop installations.
5 Waaree Energies
Waaree Energies is part of the Waaree Group, established in 1989. The company caters to both residential and commercial customers. The company has a presence in over 350 Indian cities, towns and villages. The company also caters to an international client base and has a reach in over 68 countries. The company’s motto is to provide sustainable, affordable green energy products within an average customer’s budget.
Awards Received: EPC Company of the Year FY 2019-20 Award by AsiaOne.
Manufacturing capacity: 2 GW
Most well-known for: Network of over 375+ franchises in the country.
These are the top five solar panel manufacturers in India. These companies focus not only on the renewable energy goal set by the Indian Government but also provide reliable, inexpensive and long-lasting solar panels to the average Indian customer.
When you’re looking to buy a solar panel or any other solar product, these companies’ dossier deserve a detailed look through. Their wide product lists will help you find the right product for your requirement.