9 Top Solar Companies in India 2021
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 2021
Go green and be economic at the same time. Read this article and choose among the top solar companies in India.
Citizen Solar private limited belongs to an ISO 9001-14001 & SMERA certified company, a 27-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 60 MW of energy per year with up to 180 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 2020 we will see more growth of the Indian construction industry’s solar EPC 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 EPC companies such as Citizen Solar, move typically fast, so we can stay in sync with the latest news to be able to fulfill our customers’ needs, which are ever-changing.
#2.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 batteries, 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.
Over 17 solar projects in 13 states have been initiated in India by Tata Power Solar. The power production of these plants was higher than the planned amount, exceeding expectations for power generation and effortless maintenance.
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 EPC 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.
This solar company in India has a proven record of handling utility-scale projects with an EPC portfolio of 1055 MW (commissioned + under implementation) (200 MW for APGENCO in Andhra Pradesh, 130 MW for NTPC in Bhadla-Rajasthan, 80 MW for GIPCL in Charanka-Gujarat, 50 MW for NTPC in Mandsaur-Madhya Pradesh, 40 MW for Malwa Solar in Kachaliya-Madhya Pradesh), innovative projects (India’s first floating solar) and Rooo PC in Mandsaur-Madhya Pradesh Repeat orders from clients such as India’s Airports Authority (Calicut, Kolkata, Dibrugarh, Gaya, Gondia and Kochi) and ISRO are a testament to the contribution of Vikram Solar to the growth of the solar revolution in India.
#4.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.
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.Moser Baer Solar Ltd
Moser Baer India Ltd. (MIBL) was founded in 1983 in New Delhi and is one of India’s leading technology firms. The company has two solar businesses, which are Moser Baer Solar Limited (MBSL) and Moser Baer Photo Voltaic Limited (MBPV). These two subsidiaries provide consumers around the world with high-quality goods and services.
At the current efficiency rate, the total capacity of Moser Baer is 250 MW. The overall power will be 185 MW for crystalline cells, 200 MW for crystalline modules, as well as 50 MW for thin film modules when the technology is split.
Both these businesses provide Moser Baer with world-class goods and services for consumers in the solar value chain. Moser Baer has dominated Solar EPC Services and Solar PV modules in India and around the world for a short period since its inception in 2005-2007. In the Gujarat district of Banaskantha Moser Baer Clean Energy Limited (MBCEL) authorized Asia’s largest solar farm. The 30 MW solar farm is installed with 2,36,000 thin-film modules with an investment of approximately Rs 465 crore. The power is evacuated to Anganwada and Dunawada by 2 separate 66 KV lines.
Indosolar Ltd is a leading photovoltaic cell solar company in India. The company manufactures silicone wafer poly-crystalline solar photovoltaic (SPV) cells using crystalline SPV cell technology to directly transform sunlight into electricity by means of a method called ‘photovoltaic effect.’ The company is headquartered at Greater Noida, Uttar Pradesh, with production facilities.
The company markets and sells its goods business-to-business (B-2B) module manufacturers, who supply the system integrators who install grid and off-grid (roof top) systems for domestic applications, as well as in European, Spanish, Asian, Canadian and US markets. They sell their goods and exports to many customers in other countries as well.
The organisation employs state-of-the-art, fully automated horizontal in-line technologies for the production of SPV cells with a high average efficiency of up to 15-16 percent. In order to deliver, build and commission plants and machinery on a turn-key basis, they have concluded agreements with Schmid Technology Systems GmbH (Schmid), an operator in the manufacture of SPV cell products and an integrated participant in the SPV cell industry.
For the manufacturing of high mean performance of up to 16,15 percent, the organisation employs state-of-the-art, fully automated horizontal inline technology. They have concluded contracts with Schmid Technology Systems GmbH (Schmid), SPV cell development manufacturer and an integrated participant to the SPV cell industry for the sending, installation and commissioning of plant and machinery on a turnkey basis.
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.
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 2022, 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.
All businessmen nationwide know that you need a reliable manufacturer to succeed in your company. Good solar companies are the ones that manufacture the goods for you so in one way they can determine the company’s success tale. So, better make sure you choose the right one for you, amongst these top 10 solar companies.
It is good news that solar system companies nationwide are now bountiful with the importance of manufacturers. And that is why solar installers would not have trouble in finding a manufacturer they can trust. In Asia, especially in India, there is even better news that solar manufacturers are plenty. So you don’t have to think about moving out of the country and seeking a solar energy company if you are a solar installer based in India.
Some of the best solar energy companies in India are simply those referred to in this list. Pour a lot of work into your solar system company’s study. Remember your solar installation company is only going to be as successful as the manufacturer you select.
Get in touch with us on 079- 26585555 for top quality solar panels and installation.