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2023 Top Solar Panel Manufacturers in India (List)

The solar energy sector can offer companies and families free electricity. They must construct the required infrastructure to make essential solar panels and goods available. As a result, we have compiled a list of the finest 7 solar panel manufacturers in India that provide great solar panels.

Top 7 Solar Panel Manufacturers in India
Best Solar Panel Manufacturer in India

Market Overview

According to the latest industry report from Future Market Insights, the global solar panel market is expected to be worth $163.47 billion by 2023. The market is expected to reach $355.24 billion by 2023, with a $8.86 billion compound annual growth rate (CAGR). Based on FMI figures, the worldwide solar power business rose by $16,1 billion in 2019 and $8,84 billion in 2021. Population growth in developing nations has had a direct influence on electricity output. Renewable energy has emerged as the greatest alternative to oil and coal as more people attempt to decrease their carbon impact, expanding sustainably.

List of Solar Panel Manufacturers:

1.Blue Bird

Bluebird Solar is a leading solar panel manufacturer in India committed to offering its clients cutting-edge solar power solutions. They are a well-known business with over four decades of expertise in manufacturing solar panels. They manufacture polycrystalline, monocrystalline, and half-cut solar panels. Turnkey solar EPC services, commercial and industrial EPC, government liaison, and rooftop solar power system installation are among their offerings.
Blue Bird Homepage: https://bluebirdsolar.com/
About Blue Bird: https://bluebirdsolar.com/pages/about-us
Blue Bird Solar Panel: https://bluebirdsolar.com/pages/half-cut-solar-panel
Blue Bird Other Projects: https://bluebirdsolar.com/pages/solar-projects

2. Adani

Adani Solar, India’s first and largest solar enterprise, has operated since 2016. It has a production capability of 4 GW and provides goods and services throughout the solar manufacturing process. The firm employs cutting-edge technology, machinery, and equipment from reputable suppliers to keep ahead of the competition in terms of cost, scalability, and dependability. It is a subsidiary of the Adani Group, a diverse conglomerate with nine publicly traded enterprises. They have created world-class transportation and utilities and have a footprint throughout India.
Adani Homepage: https://www.adanisolar.com/
About Adani: https://www.adanisolar.com/About-us
Adani Solar Panel: https://www.adanisolar.com/Why-Solar/Solar-Benefits
Adani Other Products: https://www.adanisolar.com/Products

3. Servotec

Servotech is an award-winning solar panel company in India, making a significant difference in sustainable energy generation with its precisely built solar panels. They’ve been in business for almost 18 years and are one of India’s leading solar equipment manufacturers. They provide Solar Energy Contractor Services and a comprehensive selection of solar energy equipment such as solar inverters, batteries, and panels. Servotech has worked on several projects and has provided solar energy to numerous states, government agencies, gasoline stations, and oil refineries. They also created India’s first movable solar roof system, dubbed PV Ports, which was put at some notable and distinctive locations around the country.
Servotec Homepage: https://www.servotech.in/
About Servotec: https://www.servotech.in/our-company
Servotec Solar Panel: https://www.servotech.in/solar-products
Servotec Other Products: https://www.servotech.in/leds

4.Waaree

The Waaree Group’s parent firm is Waaree Energy Ltd. The firm was founded in 1989 in Mumbai, India, and is one of the country’s most notable vertically integrated new energy enterprises. Waaree Energy has the largest solar panel production plants in India, with a capacity of 12GW, situated in Chikhli and Surat, Gujarat. The firm is India’s largest maker of solar panels, with a presence in over 380 locations in India and 20 international countries.
Waaree Homepage: https://www.waaree.com/
About Waaree: https://www.waaree.com/about
Waaree Solar Panel: https://www.waaree.com/products/solar-products
Waaree Other Products: https://www.waaree.com/products

5.Goldi

Goldi Solar is the most quality-conscious solar brand in India. It manufactures high-quality solar modules at a low cost, provides European panel installation services, and is an IPP. Goldi Solar was founded in 2011 and has its registered office in Surat (Gujarat). In over 20 countries, they service several multinational brands. They intend to remain at the top of the solar business by seeking worldwide export prospects and improving their production, technological, and marketing processes. Goldi has been expanding since 2011 from a 10 MW facility to a 500 MW mill in under ten years.
Goldi Homepage: https://goldisolar.com/
About Goldi: https://goldisolar.com/about/#overview
Goldi Solar Panel: https://goldisolar.com/solar-panel-heloc/
Goldi Other Products: https://goldisolar.com/solar-calculator/

6. RenewSys

Renewsys India is one of the world’s foremost manufacturers of solar panels. Since its foundation in 2011, the firm has achieved significant progress over the previous 12 years, and it presently has an installed module production capacity of 2.75 GW. Solar panels, photovoltaic cells (PV), photovoltaic encapsulants (EVA & POE), and photovoltaic back sheets are all available from Renewsys. The firm sells solar devices in over 40 countries. Renewsys is India’s largest solar panel producer, with plants in Bengaluru (Bengaluru), Hyderabad (Hyderabad), and Patalagang.
RenewSys Homepage: https://www.renewsysworld.com/
About RenewSys: https://www.renewsysworld.com/about-us
RenewSys Solar Panel: https://www.renewsysworld.com/solar-modules-deserv
RenewSys Other Products: https://www.renewsysworld.com/solar-pv-cells-reserv

7.Loom

Loom Solar began producing solar panels in India in 2018 from its headquarters in Faridabad (Haryana). It presently offers solar panels for sustainable energy generation and a comprehensive channel sales network of 35,000 resellers in over 500 districts nationwide. The yearly manufacturing capacity of the firm is anticipated to reach 100 MW. The Government of India has recognized Loom Solar as an ISO 9001-2015 ISO 9001-certified enterprise. The firm is headquartered in Faridabad and operates across 500 districts, employing 3500 employees across two offices and one production plant.
Loom Homepage: https://www.loomsolar.com/
About Loom: https://www.loomsolar.com/pages/about-us
Loom Solar Panel: https://www.loomsolar.com/collections/loom-solar-panel
Loom Other Products: https://www.loomsolar.com/collections/solar-system-products

Things to Consider in Choosing the Right Solar Panel Manufacturer in India

The price is arguably the most significant factor when selecting a solar panel. However, remember that pricing is only sometimes the most crucial consideration. The cheapest board may not perform as well as the finest one or survive as long. Choosing a solar panel might be difficult, but you’re better off with a high-quality system because they endure for more than 30 years.
Quality of Solar Panels
This considers the manufacturing method and the materials used to produce the solar panels. Some solar panel firms provide varying quality, price, and performance panels. When searching for a solar panel firm, read their or user reviews to see what others say. Because you’re making such a significant investment, you want to ensure that you’re getting the most excellent product and customer service possible and that the firm keeps its promises.
Coefficient of Temperature
This article investigates the effect of heat on the efficiency of a solar panel after it has been installed. Solar panels age faster when exposed to extreme heat. Thus, keeping them at a minimal temperature per degree Celsius is critical.
Longevity
This might indicate that the producer has faith in the product. Most solar panels in India come with a 25-year guarantee if the provider is in business. Suppose the manufacturer provides a short warranty period. In that case, you may conclude that their product is of poor quality and that they are unwilling to accept responsibility. In this situation, don’t be fooled by the low price. You could come to regret it later on.
Dimensions
This is determined by the physical size as well as the Watts size. Ascertain, you have adequate room to construct an extensive solar panel system to power your appliances. The size of your solar panel will be determined by the electricity in your system and the type of solar cells you use.

Conclusion

These solar panel suppliers play an important role in the Indian solar market, not only providing renewable energy solutions in India, but also achieving great success in the international market. Whether you are looking for solar solutions for residential, commercial or industrial projects, these suppliers can provide high-quality products and professional services to help you achieve your sustainable energy goals.

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