The solar power business is one of the country’s fastest-growing sectors, with the top ten solar companies in India dominating the market by expanding their sales across the country and spending extensively on R&D for technical breakthroughs. Furthermore, due to the country’s geographical location in the tropics, the solar power sector in India offers enormous opportunities for rapid growth in solar energy in India. The country gets more than 5000 trillion kWh of yearly radiation, which, if harnessed by solar companies in India, will provide a significant quantity of electricity.
While various solar firms in India provide inexpensive solar alternatives to traditional electricity, just 10 stand out. The following is a list of the top 5 solar brands in India.
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1. Waaree Energies Limited
Waaree Energies Limited began operations in 1989. They have sold solar equipment in over 68 countries worldwide. Waaree Energies has the capacity to produce two gigatonnes of solar panels. For their presence in both the household and commercial solar markets, they were named India’s Greatest Brand 2019-20. They make solar inverters, solar batteries, water pumps, and PV modules, among other sustainable energy items.
2. Adani Green Energy Limited
Adani Solar is a part of the Adani Group, one of India’s largest energy corporations. Adani Green Energy Limited (AGEL) is one of India’s largest renewable energy firms, with a current project portfolio of 13,990 MW. The company’s solar division is in charge of producing PV modules and EPC solutions. Mundra is home to Adani Solar’s largest solar manufacturing factory (1.5W). The Company designs, builds, owns, runs, and maintains grid-connected farm projects in accordance with the Group’s ‘Growth Right’ concept. Intergovernmental groups and state-owned enterprises supply the power generated.
3. Vikram Solar Limited
MR. Gyanesh Chaudhary established Vikram Solar in 2006. Vikram Solar is the second-largest solar company in India. Vikram Solar Pvt Ltd provides complete EPC solutions as well as module manufacturing. It has also established a worldwide footprint. The firm primarily manufactures solar PV modules, but it also provides engineering, procurement, and construction services, as well as solar power plant management and maintenance. It is a division of the Vikram Group. In 2015, the business developed India’s first floating solar power facility. Vikram Solar Ltd is one of the top ten solar energy companies in India.
4. RenewSys India Private Limited
RenewSys India Private Limited is a subsidiary of the worldwide conglomerate ENPEE Group. They have a global presence in more than 40 nations. Their production capacity exceeds 7 GW and is distributed among three plants in Bangalore, Hyderabad, and Patalganga. RenewSys is India’s only integrated solar manufacturer. RenewSys is a globally-renowned integrated manufacturer of Solar PV Modules/Panels and their primary components such as Encapsulants (EVA & POE), Backsheets, and Solar PV Cells.
5. Saatvik Green Energy Pvt. Ltd.
Saatvik Green Energy strongly supports efforts worldwide to power the planet with alternative and environmentally friendly energy sources. And the business demonstrates its support by creating and offering premium solar PV modules with great efficiency. All of their solar modules are suitable for off-grid or connected to the grid applications in domestic, commercial, and industrial settings. Saatvik Green Energy uses cutting-edge European innovation and has a modern plant near Ambala, Haryana, with a 500 MW yearly capacity. The business aspires to become and maintain its leadership position as the most reputable, customer-focused, major solar module and solar energy services provider to the global renewable energy industry.