The need for energy to run our technology-driven society is growing day by day. No wonder it will continue to grow. Currently, more than 70% of the world’s energy needs are being covered by non-renewable resources such as the burning of fossil fuels which in turn is drastically deteriorating our mother nature.
So, what should we do now? Should we continue to use non-renewable resources that is the biggest reason behind global warming? Or, should we switch to renewable resources like solar energy to fulfill our energy needs? Well, it’s obvious that if you are reading this piece of article, you already had made your choice. You are here just to decide which solar power company you should go for…!!!
Therefore, today, I am gonna tell you the top 6 solar energy companies that are expanding their footprint in India. Since I am personally a fan as well as an advocate of the Atmanirbhar Bharat (Self-Reliant India). That’s why all of the companies that I am gonna tell you about will be Made in India brands.
Top 6 Solar Power Companies in India
No wonder in today’s India, a lot of tax rebates and incentives opportunities have been given to the renewable energy sector, especially the solar energy sector. As a result, billions of dollars have been poured in to make our earth great again through the Make in India Initiative.
These are the 6 best solar companies in India that I will be discussing with you in detail. Therefore, without wasting any more time, let’s dive right in…!!!
- Tata Power Solar
- Vikram Solar
- Waaree Energies Ltd
- Loom Solar
- Hindustan Power
- Adani Solar
Tata Power Solar
In this exclusive list of solar companies in India, the very first one is Tata Power Solar. Founded in 1989 as a joint venture of Tata Power and BP Solar, Tata Power Solar is a leading manufacturer of solar cells, solar modules and also provides EPC services for solar power projects.
Also known as a Solar Rooftop specialist, a Noida, Uttar Pradesh-based company not only operates in India. It also operates throughout the world. In fact, as per Hindu Business Line, in 2017, this subsidiary of Tata Group also became the first Indian solar power company to successfully ship more than 1 GW solar modules worldwide.
Similarly, as per Business Standard, the company’s manufacturing unit in Bangalore has a production capacity of 400 MW of modules and 300 MW of cells. With an overwhelming market share of more than 5.6% in India’s solar rooftop market, in August 2017, the company installed an 820.8 kWp solar rooftop at the Cricket Club of India (CCI), in Mumbai.
Not to mention, as per PV Magazine, India’s largest renewable energy provider was recently awarded a contract by the Maharashtra State Electricity Distribution Company Limited (MSEDCL) to set up a 300 MW wind-solar hybrid power plant.
The next one on my list of the top 6 best solar industries in India is Vikram Solar. Headquartered in Kolkata, West Bengal, in terms of revenue, Vikram Solar limited is by far the second-largest solar energy company in India. Founded by Gyanesh Chaudhary in 2006, they at first entered the solar industry as solar PV modules manufacturers.
But later with time, the company also provides engineering, procurement, and construction (EPC) services as well as operations and maintenance of solar power plants. With an annual solar production capacity of more than 2.5 GW, the company has 1355 MW*+ of solar projects in India and Abroad.
The company’s vision is to become one of the most valuable solar companies by delivering benchmark sustainable energy solutions worldwide. Would you like to contribute to their successful saga? Join Vikram Solar to increase their production capacity.
Waaree Energies Ltd
Founded in 1989, Waaree Energies Ltd. is a flagship program of the Waaree group that operates throughout the world in providing EPC services, project development, rooftop solutions, and solar water pumps and also as an Independent Power Producer.
They currently operate from around 350 locations within India and 68 countries internationally. Headquartered in Mumbai, Waaree energies has India’s largest Solar PV Module manufacturing capacity of 2 GW’s at its plants in Surat and Umbergaon in Gujarat.
Their primary vision is to provide high-quality and, of course, cost-effective sustainable energy solutions across all the markets. Would you like to help Waaree in reducing carbon footprint and paving way for sustainable energy, thereby improving the quality of present and future human life? Join Waaree Energies Ltd Now.
The next one on my list of top 6 solar power companies in India is Loom Solar Pvt Ltd. Founded in 2018, Loom solar is a Make in India startup, an ISO 9001 – 2015 certified company, and recognized startup by Govt. of India.
Headquartered in Faridabad, Haryana, currently, they are actively present in 500 districts across India having 3500 resellers, 100 employees, 2 offices, and 1 Manufacturing unit. Recently, the company has also started to manufacture its range of solar panels.
Some of their latest solar products are solar systems, solar panels, solar inverters, solar wires, charge controllers, panel stands, solar chargers, street lights, etc. Not to mention, they also offer pan India delivery within 5 to 7 days.
Hindustan Power projects Private Ltd, formerly known as Moser Baer Projects Pvt Ltd. is an independent power producer having projects across the thermal, renewables, hydro, mining, and EPC businesses.
Founded in 2008, the clean energy arm of Hindustan Power is one of the leading players in solar energy generation in India. It not only has developed solar farms across the country but internationally too. It also plans to develop its first solar parks in the country.
One of the critically acclaimed accomplishments of Hindustan Power, headquartered in New Delhi, is that it has commissioned India’s first solar power plant of 5 MW capacity and then Asia’s first 30 MW capacity.
With around 450 MW of strong credentials in executing solar projects and 100 MW under development, today, it is a dominant solar power company in India with a large presence across the country and strategic international markets like Germany, Italy, UK, Japan, and South Korea.
I intensely kept the best one for the last leg of this article. Last but not least one in my list of 6 best solar companies in India is Adani Solar. Founded in 2015, Adani solar is the Solar PV manufacturing and EPC arm of Adani Group. Their primary vision is to positively contribute to India’s climate goals and bolster its vision of embracing a healthier energy mix.
Headquartered in Ahmedabad, Adani Solar is India’s first and as well as the largest vertically integrated solar company that offers services across the spectrum of photovoltaics manufacturing. The company commissioned and currently operates the Kamuthi Solar Power Project that is one of the largest solar photovoltaic plants in the world.
The subsidiary of Adani group is the largest Solar PV cell and modules manufacturer with a capacity of 3.5 GW at Mundra, Gujarat in India, making it in the top 15 global solar manufacturers. Currently, the company offers and produces high-efficiency Multi, Mono PERC, and Bifacial modules with superior efficiency, higher performance, and enhanced reliability.
Not to mention, according to the Indian Express, in Dec 2021, Adani Green Energy Ltd (AEGL) informed that it has signed an agreement with the Solar Energy Corporation of India (SECI) to supply 4,667 MW of green power.
Some Other Top Solar Companies in India:
Apart from the above-mentioned companies, I am also mentioning some of a few here.
- Jakson Group
- ReNew Power
- Renewsys Solar
- Mahindra Susten
- Azure Power, etc.
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