Top 11 Solar Panel Manufacturers in India

Buying rooftop solar is a big deal since a solar PV system can last for 25 years when maintained properly. Just as the choice of solar vendor matters, so does the choice of solar panels you purchase. And by choice of panels, we don’t just mean the type of panels like monocrystalline or MonoPERC half-cut bifacial panels or TOPCon. We also mean that the choice of solar panel manufacturers in India from which you buy matters.

Why?

Because when you choose to buy panels made by leading solar panel manufacturers in India, chances are you’ll get a higher warranty and better quality.

But how do you choose the best solar panel company in India when there are so many? We’ve made a list of the top 11 solar panel manufacturers in India you can count on. Let’s begin!

Top 11 Solar Panel Manufacturers in India

Here’s a detailed list of 11 major solar panel manufacturers in India, in no particular order, for your reference. Dive in for details!

Now that you’ve seen the list of top solar panel manufacturers in India, let’s also spill the details that truly make them the best in business. Have a look!

1. Premier Energies

When was it established? Premier Energies was founded in 1995.

A leading player in the solar industry with decades of experience, Premier Energies has solar manufacturing units in three locations in Telangana. Its annual generation capacity is 2 GW of solar cells and 3.36 GW of solar modules.

The company achieved a new level of excellence when 12 of its solar panels were named top performers in PVELs Module Reliability Scorecard in 2023.

2. Avaada Group

When was it established? Avaada Group roots trace back to 2009, when founder Vineet Mittal entered the renewable energy ecosystem.

Avaada Group is a leading clean energy conglomerate in India specializing in renewable power generation, large-scale solar projects, and solar PV manufacturing.

Operates massive utility-scale installations, including a landmark 1.25 GWp single-site solar plant in Bikaner, Rajasthan.

3. ReNew Power

When was it established? ReNew Power is a leading global renewable energy and decarbonization solutions company, founded in 2011.

ReNew Power is India’s largest independent power producer with a total clean energy portfolio of ~20.2 GW. The company generates approximately 9% of India’s total renewable energy. Named as a Global Lighthouse by the World Economic Forum and awarded at COP28 for energy transition.

4. Rayzon Green Energies

When was it established? Rayzon Green was founded in 2017 and has a 6 GW production facility in Gujarat.

Although not as experienced as some other companies, thanks to the use of TopCon technology for producing solar modules, Rayzon Green has already cemented its name amongst some of the best solar panel manufacturers in India.

Besides India, this solar giant also supplies its modules to North America and Europe.

5. Tata Power Solar Systems Ltd.

When was it established? The leading solar giant was founded in 1989.

Tata Power Solar Ltd. needs no introduction. It is one of the most reliable solar panel brands recognized not just in India but all over the world.

From its first corporate milestone of joining hands with BP Solar in 1989 to its latest 2024 corporate milestone of developing 10,000 MW of renewable energy, the company has come a long way in its 36 years of existence.

6. Adani Solar

When was it established? Adani Group branched into the solar domain in 2017.

Adani Solar is one of the fastest-growing and biggest solar panel manufacturers in India. It is a part of the mighty Adani Enterprises Ltd.

The manufacturing giant that it is, Adani Solar offers products and services as per the global benchmarks.

• They have shipped over 10 GW worth of solar panels in India and the US
• They’ve offset 2.8 million tons of carbon dioxide in India

7. Goldi Solar

When was it established? Goldi Solar is one of the most well-known solar panel manufacturers in India. It was founded in 2011.

The company is headquartered in Surat, Gujarat. Its manufacturing capacity is a whopping 500 MW, and it’s an internationally known brand that supplies solar panels in the USA, UAE, and Italy.

This solar giant aims to:

• Expand its manufacturing capacity to 14 GW by 2026
• Achieve 4 GW in solar cell manufacturing by 2027

8. Jakson Solar

When was it established? Jakson Solar is part of the legacy Jakson Group, which was founded in 1947 and branched into solar in 2010.

This solar company sells ALMM-certified solar panels and has been repeatedly named among the top 10 solar panel manufacturers in India.

The company’s module manufacturing capacity is a whopping 1,200 MW. Some of their brightest achievements include:

• NTPC’s 40 MW solar project in Ayodhya with 1 lakh high-efficiency solar panels
• 250 MW solar modules for installation in the Jal Jeevan Mission across UP

9. Panasonic

When was it established? Panasonic has been a legacy brand since 1918. In 1972, it branched into the energy sector, producing batteries and lighting products.

The company produces half-cut solar panels with the latest PERC and Heterojunction technology.

10. Vikram Solar

When was it established? Vikram Solar is an Indian company founded in 2006 in Kolkata.

Since its inception, the company has managed to reserve a position among the top solar manufacturing companies in India. Here are some of the greatest achievements that have made this company a key solar player in India:

• Presence in 39 countries
• More than 275 projects, worth 1,030 MW, commissioned

11. Waaree Energies Ltd.

When was it established? One of the very few flexible solar panel manufacturers in India, Waaree Energies was founded in 1990.

With its headquarters in Mumbai, Waaree Energies, the flagship firm of the Waaree Group, is not one of the largest solar panel manufacturers in India. Instead, it is the largest. The company has single-handedly installed 13.3 GW of solar capacity in India, higher than any other solar panel manufacturer.

The company supplies its modules in 20+ countries and is named the largest solar cell manufacturer in India with a 5.4 GW generation capacity.

Also Read: Difference Between Bifacial and MONOFACIAL Solar Panels

These were the top 11 solar panel manufacturers in India. We hope that our list clarified things. Now that you know the best solar manufacturers in India, you might be wondering how to get these power-efficient solar systems installed at your home.

Don’t worry! SolarSquare can take care of that.

We have experience in handling bulk installations of rooftop solar panels across India. Our clients have had a seamless experience of going solar with us.

Dive in to know why we are a perfect match for you.

Why Choose SolarSquare As Your Solar Vendor?

Kyunki, mehangi bijli se muft bijli tak ka safar aasaan banaata hai, SolarSquare!

We’re India’s first and only solar company that:

• Offers a Savings guarantee with a money-back promise at Rs. 8 per unit if we fall short on committed generation. Matlab, agar solar se bijli bani kam to paise denge hum.
• Offers a Rs. 1 lakh leakage-free guarantee for 1 year if our installation results in a leaky roof.

How much electricity your rooftop solar will generate and how soon you will get full return on your investment depends a lot more on your installer, quality of installation and quality of after-sales service. So choose your installation company wisely.

Here are some reasons why 15,000+ customers have rated us 4.8 on Google:

Conclusion

Going solar is the need of the hour. The top solar panel manufacturers in India make the decision of choosing the right quality of modules simpler. Moreover, the Indian government also offers a subsidy to homeowners installing on-grid rooftop solar systems. However, once the government hits its target of solarizing 1 crore homes under the PM Surya Ghar Muft Bijli Yojana, the subsidy will cease to exist.

So, why not install solar at cheaper rates while you still can? Book a free solar consultation with SolarSquare now. Let us handle the nitty-gritty of going solar while you settle back to enjoy free electricity for the next 25 years of your life.

FAQs

Q1. Who is the biggest manufacturer of solar panels in India?

Ans. If you look at things from the angle of who has the most experience in producing high-quality panels, Premier Energies and Avaada Group win the race.

Q2. What are the top 5 solar panel manufacturing companies in India?

Ans. Here’s a list of 5 best solar panel manufacturing companies in India that have become a trusted name: Premier Energies, Avaada Group, Rayzon Green Energies, ReNew Power, and Tata Power Solar Systems Limited.

Q3. What is the ALMM list, and why does it matter when choosing a manufacturer?

Ans. The Approved List of Models and Manufacturers (ALMM) is a government-maintained list of solar panel makers whose products are certified for use in subsidy-linked and government rooftop solar projects. If you're installing under PM Surya Ghar Muft Bijli Yojana, your panels must come from an ALMM-listed manufacturer.

Q4. Do solar panel manufacturers also handle installation?

Ans. Not usually. Most manufacturers sell panels in bulk to installers, EPC companies, and distributors rather than directly to homeowners. That's why choosing the right installation partner, one that sources from a reputable manufacturer and also stands behind the installation quality, matters as much as the panel brand itself.