Solar power in India is amongst the fastest developing industries of India. The country’s installed solar capacity has reached 35.14 GW as per the recent statistics. The Make in India initiative has given rise to several solar panel manufacturers in India. India has established nearly 42 solar parks to make the land available to the promoters of solar plants. There are around 16 solar cell manufacturers in India. The manufacturing firms have a capacity of 100 MW.  

The solar cell technology has upgraded over the last few years. The solar panel manufacturing business in India is worth for a sum of $52.63 million. India has expanded its solar panel manufacturing business from 2,650 MW to 28.18 GW in the last few years. 

The solar panel manufacturing business in India contributes 20% to the GDP. Earlier India used to rely on the import of solar panel from China and other countries. However, the Make in India promoted the manufacturing of the solar panels in India, which decreased the import rate. The solar panels manufactured in India are more durable and sturdy in comparison to the ones produced in China. Indian solar cells are, on average, 20-30% more expensive than cells manufactured in China. Here is a list of the top solar panel manufacturers in India.

1. Vikram Solar

Vikram Solar Pvt. Ltd. is a company that specializes in the production of high-efficiency PV module manufacturing comprehensive solutions. The company has an international customer base across six continents. The company has been an active contributor in shaping the solar revolution and has also been recognized amongst the leading solar energy providers. Vikram Solar was established in 2006 and ever since its inception has carried forward its legacy of extensive manufacturing of solar panels. Vikram solar also ships 1.3 GW worth of high-efficiency modules all around the world. The company is considered as the best Tier 1 PV module manufacturers. The solar panels produced by the company are of high quality and are made as per the international standards. The company also handles 750 MW of projects in India and also in other countries around the world.

 Products

  • Solar panls
  • PV modules
  • EPC
  • ELDORA

Location: ‘The Chambers’, 8th Floor, 1865, Rajdanga Main Road,

Kolkata – 700107, West Bengal, India

2. Waaree Energies

Waree Engines was founded in 1989 and is the best solar panel manufacturing company. The company focuses on providing EPC services, project development, rooftop solutions, solar pumps and independent power producer. The company has a manufacturing capacity of 1.5 GW and additionally supplies solar modules all over the world. 

Waree Energies also works on 500 MW worth of projects. The company has an active presence in around 280 locations nationally and 68 countries internationally. The company is considered to be Indias most extensive solar PV module, manufacturers. The company with more than 30 years of experience in the field has become the leading name in the solar panel manufacturers of India.

Products

  • PV Module
  • Inverters
  • Batteries
  • Water Pumps
  • Solar Products

Location: Survey No. 38/1, Tumb Village, Tumb, Umbergaon, Valsad, Gujarat – 396150

3. Goldi Green Technologies

Goldi Green Technologies was established in 2011 with a production capacity of 10 MW. The company has become the fastest-growing solar PV module manufacturers. Over the years the company rose its production from 500 MW TO 1 GW. The company takes pride in the production of solar modules that are certified for various geographic locations. The solar panels made by the company combine maximum efficiency and also help in optimizing temperature control. The solar panels even provide high performance in the extreme conditions of sunlight. Goldi’s products are well-respected and praised, and the products are exported to 12 countries globally.

Products

  • Mono modules
  • Solar panels
  • PV Modules
  • Poly Modules

Location: Indra Prakash Building, 520, 21, Barakhamba Rd, New Delhi, Delhi 110001

4. Tata Power Solar

Tata Power Solar is a part of the Tata group. The company exports its solar panels to around 150 countries of the world. Tata group provides an estimated generation of 1.12 million units annually and also has a production of 820.8kWp solar rooftop system. The Tata Power Solar also has to its credit the installation of world’s largest solar rooftop installation on a cricket stadium namely the cricket club of India. Tata solar panels over the period have become the most trusted solar manufacturers over the world.

Products

  • Solar water pumps
  • Solar panels
  • PV modules

Location: Tata Power Solar Systems Limited, 2nd Floor, The Tata Power Company Limited, Corporate Center B, 34 Sant Tukaram Road, Carnac Bunder, Mumbai – 400 009

Are you planning to start with the solar panel manufacturing business? Looking to collaborate with solar panel manufacturers in India? Reach out to us at exportsconnect.com by filling in the form. We have a list of the leading with solar panel manufacturers in India that you can collaborate with for business expansion.

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