Top 10 Solar Companies in India (2023 Updated List) (2023)

Last updated on November 20th, 2022 at 11:48 am

Some of the top solar companies in India include Tata Power Solar Systems, Vikram Solar, Adani Solar, Waaree Solar, Indosolar Limited, Photon Solar, Microtek Solar Solutions, EMMVEE Solar System, Loom Solar, and Canadian Solar.

India is one of the fastest-growing solar power nations in the world. As of March 2022, the country’s solar installed capacity was 40.09 GW, while the government aims to achieve the 100 GW solar target by 2022.

So, it’s only natural that we have many big players in the solar market. From Tata to Adani, and even Reliance, everyone seems to be looking to contribute to this ever-growing industry. So it can be really difficult to choose the best solar company in India for your particular purpose.

Check them out below!

Top 10 Solar Companies in India (2023 Updated List) (1)


Top 10 Solar Energy Companies in India

Here are the best solar companies in India in terms of market cap, revenue, and popularity.

Rank: Solar Companies:
1Tata Power Solar Systems
2Vikram Solar
3Adani Solar
4Waaree Solar
5Indosolar Limited
6Photon Solar
7Microtek Solar Solutions
9Loom Solar
10Canadian Solar

1) Tata Power Solar Systems

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Tata Power Solar Systems Ltd. is a major manufacturer and supplier of solar panels and a range of other solar products and EPC solutions in India and a provider of solar energy services. It is a subsidiary of Tata Group, one of the biggest Indian business conglomerates.

Founded in 1989, Tata Solar is now one of the leading solar energy companies in India. It manufactures as well as exports solar modules, solar cells, and other solar products.

Head Office2nd Floor, The Tata Power Company Limited, Corporate Center B, 34 Sant Tukaram Road, Carnac Bunder, Mumbai – 400 009
Phone1800 419 8777 Toll-Free
WebsiteVisit Contact Page

TATA Power Solar Video:

2) Vikram Solar

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Vikram Solar is one of the largest solar power plant companies in India in terms of revenue. The company was founded by Gyanesh Chaudhary in 2006 and has its headquarters in Kolkata.

It specializes in manufacturing high-efficiency solar PV modules as well as provides EPC solutions. In addition, the company also has operations in the engineering and construction sectors. It also provides solar power plant installation and maintenance services across the country.

AddressThe Chambers’, 8th Floor, 1865, Rajdanga Main Road, Kolkata – 700107, West Bengal, India
Phone33 2442 7299
WebsiteVisit Contact Page

Vikram Solar Video:

3) Adani Solar

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Adani Solar is a subsidiary of Adani Group, one of the leading energy companies in India. The solar arm of the company is responsible for manufacturing PV modules and EPC solutions. Adani Solar has its largest solar manufacturing facility (1.5W) located in Mundra.

Encore Multi crystalline, Eternal Mono PERC, and Elan biracial are some of the best-selling PV modules of the company.

Address2nd floor – South Wing, Shantigram, SG – Highway, Ahmedabad – 382421, Gujarat, India
WebsiteVisit Contact Page

Adani Solar Corporate Video:

4) Waaree Solar

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Waaree Solar is a leading name in India’s solar energy space. Founded as the solar arm of Waaree Group, it has quickly grown to become one of the major solar companies in India.

As of date, the company employs over 2,500 people and has India’s largest solar manufacturing plant with a 2 GW capacity located in Mumbai. It produces and supplies solar PV modules, batteries, inverters, and other solar products.

Address602, Western Edge- I Off. Western Express Highway, Borivali(East) Mumbai – 400066, Maharashtra, India
WebsiteVisit Contact Page

Waaree Solar Video:

5) Indosolar Limited

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Indosolar Ltd is an India-based solar panel manufacturing company that also builds and supplies photovoltaic cells, solar modules, and rooftop systems.

As of date, it is the largest PV cell manufacturer in the country by capacity. Indosolar was founded in 2005 by Bhushan Kumar Gupta and has its headquarters located in Delhi. It is one of the few publicly listed solar companies in India.

AddressNo 3C/1, Udyog Vihar, EcoTech-II, Greater Noida, U.P – 201306. India
WebsiteVisit Contact Page

6) Photon Solar

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Photon Energy Systems Ltd is a reputable solar energy company based in Hyderabad. It specializes in manufacturing and supplying a detailed range of solar solutions and products, including PV modules, solar water pumps, power plants, rooftop systems, and solar water heating systems. The EPC & solutions division of Photon is dedicated to providing EPC solutions to worldwide customers.

AddressPlot No. 46, Anrich Industrial Estate, IDA Bollaram, Sangareddy – 502325, Telangana, INDIA.
WebsiteVisit Contact Page

7) Microtek Solar Solutions

Microtek is an award-winning solar energy company and manufacturer of solar panels and products in India. The company builds and provides solar products and solutions for both retail and business customers. Its most innovative range of solar products includes solar PV modules, solar management units, solar power conditioning units, and PCUs.

Top 10 Solar Companies in India (2023 Updated List) (8)
AddressH-56-57, Udyog Nagar, Rohtak Rd, Delhi, 110041
Phone011 7125 5500
WebsiteVisit Contact Page

8) Emmvee Solar System

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EMMVEE is a solar component manufacturer based in Bengaluru. It is known for building and supplying low-cost, high-quality solar products, including solar panels (PV), solar water heaters, and power hubs to retail and commercial customers. Besides India, EMMVEE also has a presence in Europe, Africa, and the Middle East. It was founded in June 1992 by D.V Manjunatha, who is the acting Managing Director of the company.

Address#13/1, International Airport Road, Bettahalasur Post, Bengaluru – 562 157, India
Phone80 2217 4333
WebsiteVisit Contact Page

9) Loom Solar

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Look Solar is a Faridabad, Haryana-based manufacturer of solar panels and lithium batteries. Within only a few years of its inception, the company has already built a solid presence for itself and now sells its solar products to thousands of retail & business customers in 500+ Indian districts through a network of 3500 resellers/dealers. Besides solar panels and lithium batteries, the company also sells solar panel stands, solar wires, solar charge controllers, and street lights.

AddressPlot No. 14/6 Mathura Road, Sector 27B, Faridabad, Haryana -121003
Phone011-4003 6959
WebsiteVisit Contact Page

10) Canadian Solar

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Canadian Solar is a Canada-based publicly traded solar company with a presence in India and multiple other countries. Canadian Solar’s India headquarters office is located in New Delhi and has an active 78 MW utility power plant in Rajasthan. The company manufactures and supplies solar PV modules as well as deals in a variety of large-scale solar projects. It is the best solar company in India with a foreign origin.

Address506, Worldmark 3, Aerocity, New Delhi 110037, India
WebsiteVisit Contact Page

Canadian Solar Video:

Frequently Asked Questions About Solar Companies in India

Which companies make solar panels in India?

Almost all the top solar companies in India make and sell solar panels and PV modules. These include Tata solar, Adani Solar, Waaree, Vikram solar, and Indosolar limited. Some international solar companies like Canadian solar also have a manufacturing presence in India.

What type of solar panel is best for homes?

Monocrystalline and polycrystalline are the two most common solar panel types used in homes. Out of the two, Monocrystalline is the most efficient and has a high power capacity. Besides these, panels from the companies listed here are all good to use for homes.

What is the cost of installing a solar panel module at my place?

The cost of the installation of a solar module will largely depend on the price of the solar panel. The price of solar panels is calculated per KW basis. Other factors to affect the cost of installing solar panels include installation charges, equipment costs, maintenance, etc.

Which company is India’s largest manufacturer of solar panels?

Tata Solar, Adani Solar, and Waaree Solar are three of the largest solar power companies in India. Their product capacity varies slightly, however, they remain the biggest players in the Indian solar market. While Tata Solar’s Bangalore plant has a production capacity of 1.1 GW, Adani Solar’s Mundra plant has a higher 1.5 GW capacity. However, they both are behind Waaree Solar, which has India’s largest solar plants with a combined PV module manufacturing capacity of 2 GW.

How to contact companies to install solar panels?

With the growing demand for solar panels and modules in India, almost all major cities and districts are now covered by top solar companies in India. You can use Google to find and contact a solar panel supplier and service provider in your city. Almost all major solar energy companies have their websites, which make for an easy way to reach and contact them for your solar installation needs.

Which is the best solar company in India?

There are hundreds of solar companies in India, and we have listed the top 10 companies here. With so many solar manufacturers and providers in the market, it can be intimidating to find the best one. In terms of capacity and popularity, Tata Solar, Adani Solar, and Waaree Solar are three of the best solar power companies in India.

Where to find affordable solar panels in India?

As the competition in the solar panel space is increasing, manufacturers are regularly coming up with new, innovative ways to reduce the price of their solar PV modules. However, the basic price of the panel and equipment is nearly the same with all different suppliers. If you are looking for a cheaper alternative, you may have to compromise with quality.

How many solar companies are there in India?

In the past few years, solar energy has become the most definite and affordable alternative to traditional energy sources, which is the reason why the number of solar companies in India is constantly increasing. There are already hundreds of solar companies in India, manufacturing and/or supplying cost-effective solar solutions and products in all parts of the country. According to the IIT Kanpur website, there are 38 registered manufacturers of Solar Modules in India and 11 solar cell manufacturing companies.

Final Words

All these top solar companies have been working relentlessly to help India achieve its dream of a carbon-free nation. We as a consumer or business can do our bit by adopting and promoting the use of solar energy in both residential and commercial operations.

At solar company success, our mission is to connect the solar shoppers with the top solar companies online.

We hope you like this list of solar companies in India.

Please leave a comment if you have any doubts.

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