9 Top Solar Companies in India 2023

India is one of the world’s fastest-growing economies and rapid commercialization has led to the nation’s increased carbon footprint. In order to make India cleaner and greener, one of the most feasible ways is to adopt alternative energy sources such as wind and solar. India is one of the top ten countries in the world that are enthusiastic about using solar power. As a result, top solar companies in India like Citizen Solar have stepped up their game in the race to be major contributors in yielding solar power.

In contrast to the sharp declines caused by the COVID-19 crisis in many other parts of the energy sector, such as oil, gas and coal, as suggested by a few reports, renewable energy is growing strongly around the world this year.

China, India and the European Union have auctioned renewable energy capacity worldwide 15 percent higher over the first 10 months of 2020 than in the same period last year, a new record that shows expectations of strong medium and long-term demand for renewables. At the same time, the shares of publicly listed manufacturers of renewable equipment and project developers have outperformed most major indices of the stock market and the overall energy sector. By October, as of December 2019, solar companies‘ shares worldwide had more than doubled in value.

That brings us to our very own national interest in solar power generation i.e which solar companies in India (including us) are highly ranked world class producers of solar power and offering world class product and services:

Top Solar Companies in India 2023

Go green and be economic at the same time. Read this article and choose among the top solar companies in India.

#1.Citizen Solar

Citizen Solar private limited belongs to an ISO 9001-14001 & SMERA certified company, a 28-year-old citizen group, one of India’s leading manufacturers of solar panels in India that deal with technologically sophisticated and cutting-edge industrial and business solutions. Its headquarters are located in Ahmedabad, with world-class machinery and industry-leading infrastructure.

The state-of-the-art manufacturing facility of Citizen Solar is situated in the Chhatral industrial area of Gujarat, spread over a huge 45,000 square feet, capable of consistently generating 180 MW of energy per year with up to 500 MW scalable.

Citizen Solar is part of the Citizen Group, which focuses on the creation and production of various high-quality goods with a rich history. Under the umbrella of Citizen group, Citizen Solar Private Limited has targeted multiple industries with a presence in PAN India across various sectors.

With a strong emphasis on the fact that solar energy and wind energy are the most abundant energy sources on our mother earth, we have built 2 state-of-the-art solar PV module manufacturing facilities.

By 2023 we will see more growth of the Indian construction industry’s solar businesses, which include residential, retail, community and commercial solar solutions. Commercial developers and independent private investors seeking prosperity on this market will be established.

In three areas: engineering, construction and acquisition, an emergent solar company like ours has powerful potential. We also provide the customer with the greatest tranquillity: trust. Solar companies such as Citizen Solar, move typically fast, so we can stay in sync with the latest news to be able to fulfil our customers’ needs, which are ever-changing.

#2.Tata Power Solar Systems Ltd

Tata Power Solar Systems Ltd

Tata Power Solar is one of the leading solar companies in India, with 27 years of deep domain experience, and India’s largest EPC specialist. Originally founded in 1989, Tata Power and British Petroleum Solar formed the company as a joint venture (BP Solar). Tata Power solar is now a fully-owned subsidiary of Tata Power, as a pioneer and market leader of solar space based in Bangalore.

With a production capacity of 400 MW of modules and 300 MW of Cell, Tata Power Solar worked in Bangalore as a leading solar manufacturer in India. More than 330 MW of the floor mounting power supplies and 140 MW of the surface have been completed and generating projects spread nationally up to now. It also provides a variety of solar solutions, solar panels in India including rooftop solutions, solar pumps and energy bundles, both for the urban market and for rural markets.

They are the first and largest integrated solar company in India and have developed and deployed over 1,45 GW of expertise on comprehensive research and development projects for government and business clients worldwide.

To build totally integrated and personalized projects in solar power plants Tata Power Solar has the experience and expertise. As the largest solar company in India, they can handle solar energy projects of any size and operate within the limits of regulatory policies and vast geographical parameters with much needed know-how.

The increase in carbon emissions and the rapid depletion of non-renewable fuels needs immediate attention to meet the rising demands for electricity. Supported by an accomplished team and leadership, they pave the way for clean, feasible, economically efficient and creative energy solutions.

#3.Vikram Solar

Vikram Solar

Vikram Solar is a globally known solar company. Provider of energy solutions specialized in manufacturing of high-performance PV modules, EPC options, and detailed ones. With an international footprint spanning 5 continents, they contribute actively to the shaping of the solar revolution. Carrying the rich legacy forward and the detailed development experience of the

The Vikram Group, Vikram Solar, has been running since 2006. Building on a success storey stretching back 4 decades.

As a PV module manufacturer for Tier 1 (New Energy Finance from Bloomberg), their products are engineered for the highest level of Quality, reliability and quality standards, performance. They have hit the annual 1 GW level of Output potential of the PV module in 2017. In line with the emphasis of their business on adopting trailblazing and revolutionary innovations. Their manufacturing plant has the finest imported machinery and equipment from the USA, Switzerland, Germany and Japan.

They deploy world class technology to design, install and commission benchmark solar projects as a fully forward-integrated Solar contractor. Vikram Solar is proud of its record of installed solar project capacity in India of more than 750* MW.

This solar company’s annual production capacity for PV modules stands at 1.2 GW and the company has shipped over 2.4 GW of PV modules worldwide to date. The solar energy company is a PVEL LLC Top Performer, and its modules in Europe, North America and Asia are suitable for harsh environments.

#4.Waaree Solar Pvt Ltd

Waaree Solar Pvt Ltd

Waaree Solar Pvt Ltd. Established in Mumbai, India in 1989, the company is a solar energy company focused on providing EPC services, project growth, rooftop solutions, solar water pumps and an independent power producer. The company has plants in Surat and Umbergaon in Gujarat and as of now, its production capacity is 1.5 GW. In addition, they have supplied 1.7 GW worth of solar modules worldwide as well as more than 5000 pump, telecom, and rooftop projects. And they also have projects worth more than 500 MW that are on commission.

Waaree Solar is considered one of the largest solar PV module manufacturers in India, with an active presence in over 280 locations nationally and 68 countries internationally. They envision to provide high-quality, cost-effective, renewable energy solutions in all sectors, to minimise carbon footprint and to pave the way for sustainable energy, thereby enhancing the quality of human life today and in the future.

#5.Adani Power

In terms of operating, under construction and awarded solar projects, Adani Group is one of the top 10 solar companies in India. In comparison to the cumulative power installed by the United States’ solar industry in 2019, Adani’s renewable energy portfolio will move more than 1.4 billion tonnes of carbon dioxide over its asset life.

The group, through its robust internal asset management platform, is one of the most fully integrated solar companies in the world, producing solar cells and modules, undertaking project development, construction, financial structuring and owning and operating its assets.

In 2015, Adani Green Energy Limited (AGEL) established its first solar project and only two solar projects were completed in 2017. In 2018, the company went public and has accelerated its presence to achieve the current milestone of being the world’s largest solar player in a short period of just 5 years with the objective to reach an installed generating capacity of 25 GWac of renewable energy by 2025.

#6. Longi Solar

LONGi leads the solar PV industry to new heights with product innovations and optimized power-cost ratio with breakthrough monocrystalline technologies. LONGi supplies more than 30GW of high-efficiency solar wafers and modules worldwide yearly, about a quarter of global market demand. LONGi is recognized as the world’s most valuable solar technology company with the highest market value. Innovation and sustainable development are two of LONGi’s core values.

They were established in year 2000 with Total Assets $14.206 Billion and Revenues of $8.416 Billion. Longi’s Headquarters is in Xi’an, Shaanxi, China. Their Proposed Capacity of Cellis 30GW & Solar Moduleis 50GW.

#7. Trina

Trina Solar

Trina Solar was one of the first players in the Indian market for solar energy and the company has the largest market share in the Indian market, with over 12%. Given the effects of the global COVID-19 pandemic, two next-generation 600W Vertex modules were launched by Trina Solar. The first is a mono-facial module with a power output of up to 605W, while the other panel is a bifacial module that can produce up to 600W from the front surface and extra power from the back. Both follow a low-voltage design that allows more modules to be connected and in turn increases the power of modules per string by over 40 percent compared to traditional modules.

Trina Solar, which has been in service for over two decades has achieved fast growth with excellent goods and services and demand for it has doubled in the overseas market and is among the top 10 solar companies. As it is now listed on the Shanghai Stock Exchange, which is for creative technology firms, it has also reached a milestone. In terms of bankability, for the past four consecutive years, Bloomberg New Energy Finance has ranked Trina Solar as a ‘top performer’.

The Government has set an objective to install 175 GW of renewable energy power, including 100% of the solar energy capacity, by 2023, and intends to install 430 GW by 2030, according to the Indian Ministry of New and Renewable Energy. Trina Solar has continued to pioneer its business with the launch of new modules with high efficiencies and the offer of intelligent energy solutions in India, the world’s largest supplier of PV and intelligent complete solutions.

#8. Jinko

JinkoJinkoSolar is one of the largest and most innovative solar module manufacturers in the world. JinkoSolar distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, and other countries and regions. JinkoSolar has built a vertically integrated solar product value chain, with an integrated annual capacity of 27 GW for mono wafers, 12 GW for solar cells, and 31 GW for solar modules, as of June 30, 2021.

JinkoSolar has 9 productions facilities globally, 22overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, United States, Mexico, Brazil, Chile, Australia, Portugal, Canada, Malaysia, UAE, Hong Kong, Denmark, and global sales teams in China, United Kingdom, France, Spain, Bulgaria, Greece, Ukraine, Jordan, Saudi Arabia, Tunisia, Morocco, South Africa, Costa Rica, Colombia, Panama, Kazakhstan, Malaysia, Myanmar, Sri Lanka, Thailand, Vietnam, Poland and Argentina, as of June 30, 2021.

#9.Canadian Solar

Canadian Solar

Canadian Solar was founded in 2001 in Canada and is a global energy supplier distributed across 24 countries on 6 continents. It is known as the most bankable solar firm. Since 2001, Canadian Solar has been a leading solar module producer with more than 20 GW of high-quality modules deployed around the world. In India, they have supplied over 3 GW of solar panels.

Since they have the best-possible value, clients prefer them. Their modules and device solutions combine superior quality with cost structures that are market-leading. And the highest production prices and returns on investment are consistently achieved by their solar projects. They currently have more than 16.3 GW of solar projects and over 6 GW of storage projects worldwide in our pipeline and are ideally positioned to provide full turnkey solar solutions and project growth. They can dramatically reduce complexity and expense for industrial and commercial clients by bundling services for the entire project life cycle: feasibility analysis, permitting, development, engineering, procurement, construction and maintenance.

Get in touch with us on +91 8000111222 for top quality solar panels and installation.

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