India had an initial target of 20 GW capacity for 2022, which was achieved four years ahead of schedule. In 2015 the target was raised to 100 GW of solar capacity (including 40 GW from rooftop solar) by 2022, targeting an investment of US$100 billion. India has established nearly 42 solar parks to make land available to the promoters of solar plants. The MNRE had stated that a further 36.03 GW (as of January 31, 2021) of solar projects are under various stages of implementation and 23.87 GW are in the tendering process.
China has been a leading player in solar as the dominance of this Asian country is seen today across the globe. But new solar companies and foreign investment is driving the Indian solar scenario. Today there are huge number of module manufacturers in India. With making huge success in utility, commercial and home installations, solar companies in India are worthwhile marking the future & establish a big name globally.
The country’s solar installed capacity reached 59.302 GW as on 31.08.2022. Solar power in India is a fast-developing industry. Today solar companies in India are not just profitable but they are also offering more competitive solutions. In below list, we will share name of top 5 Indian Solar module manufacturer companies.
1. TATA Power Solar
Headquartered in Bengaluru, Tata Power Solar is a respected name and recognized for its efforts driven by quality and reliability both in their products as well as project execution both within India and worldwide.
Tata Power Solar is India's premier ISO 9001:2008 and ISO 14001:2004 certified integrated cell and module manufacturing facility.
Today, there module manufacturing lines have an in-house production capacity of 635MW for modules and 500MW of cell manufacturing lines with a capacity of 528MW, can process both mono of 166mm and multi-crystalline wafers of 158.75mm sizes.
With over 2.5GW of modules shipped globally in the past 30 years, our modules power some of the biggest industry and utility scale projects in North America and Europe in addition to India.
2. Adani Solar
Adani Solar is the Solar PV manufacturing arm of the Adani Group, diversified organization in India with a combined market cap of $200 Bn comprising 7 publicly traded companies. Our presence in the solar manufacturing sector contributes to India’s climate goals and bolsters its vision of embracing a healthier energy mix.
Adani Solar is India's 1st and largest vertically integrated Solar PV cell and modules manufacturer that offers services across the spectrum of photovoltaics manufacturing. The company offers and produces high efficiency Mono facial and Bifacial modules (in PERC Technology) with superior efficiency, higher performance and enhanced reliability.
Currently, Adani Solar is building the World's 1st ever Fully Integrated and Comprehensive Ecosystem of 10 GW Solar PV Manufacturing in India.
3. Renewsys
RenewSys is the first integrated manufacturer of Solar PV Modules and its key components - Encapsulants, Backsheets, and Solar PV Cells. Today they are having 1.75 GW of Solar Module & 130 MW Solar Cell Manufacturing capacities from Hyderabad & Patalganga Division.
Renewsys Bengaluru & Hyderabad manufacturing facility are ISO 9001:2015, ISO 14001:2015 and OHSAS 45001:2018 certified.
With a direct presence across India, the Middle East, Africa, China, and representative offices in Europe, the USA, and Mexico, RenewSys has become a global contributor to the solar revolution supplying to over 40 countries worldwide.
4. Emmvee
Founded in 2007 as an establishment to develop and manufacture high-performance Photovoltaic (PV) modules and systems. Emmvee Photovoltaic is headquartered in Bengaluru and has active sales offices across India and Germany.
Within the solar energy industry, Emmvee has established its brand name owing to its expertise in the development of large-scale projects and EPC in India and Europe. Emmvee has successfully installed and commissioned solar PV projects 14 MW in North of Germany and 13 MW roof top and 140 + MW ground mounted in India.
On 2018, Emmvee has accomplished a milestone of 1 GW of module supply. Also, It is an ISO 9001:2015, ISO 14001:2015 as well as OHSAS 18001:2007, IEC61215 and IEC61730 accredited organisation and our products maintain quality standards as they are constantly monitored throughout the manufacturing processes. Emmvee modules are certificated by UL and BIS and have a saltwater mist corrosion certification. It caters to leading distribution and installation companies across the globe including Europe and India.
5. Waaree
Waaree Energies Ltd. is the flagship company of Waaree Group, founded in 1989 with headquarters in Mumbai, India. It has India's largest Solar panel manufacturing capacity of 2GW's at its plants in Surat and Umbergaon in Gujarat.
There avant-garde automated production facility offers mono & poly crystalline PV modules ranging from 3Wp to 450Wp for various on-grid and off-grid applications across india and exported globally.
Waaree Energies is amongst the top players in India in Solar Panel Manufacturing, EPC Services, Project Development, Rooftop Solutions, Solar Water Pumps and also an Independent Power Producer. Waaree has its presence in over 380 locations nationally and 20 countries internationally.
6. Vikram
Vikram Solar is one of India’s largest module manufacturers, in terms of operational capacity, with 2.5 GW of installed manufacturing capacity for solar PV modules, producing mono PERC, bifacial & monofacial and smart and polycrystalline PV modules across our factories located at Falta SEZ, Kolkata, West Bengal and at Oragadam in Chennai, Tamil Nadu. Both of these factories are strategically located with access to ports, rail and roads helping facilitate both our domestic as well as international operations.
Operating in the business of solar PV module technologies for the last 12 years, during which time we have developed strong engineering capabilities in producing high efficiency PV modules.
As on December 29, 2021, we have one of the largest enlisted capacities in the Ministry of New & Renewable Energy’s Approved List of Module Manufacturers (“ALMM”). With our state-of-art manufacturing equipment from leading equipment suppliers, robust in-house processes and systems to drive manufacturing and a global supply chain and sales and distribution network, we are the preferred choice for products and services with “Made in India” brand at global scale.
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