Key Takeaways
- India hit a record 45 GW solar capacity in FY 2025-26, led by 20 major companies across manufacturing and EPC.
- Technology is shifting to N-Type TOPCon bifacial modules with 23.18% efficiency and longer lifespans.
- Domestic manufacturing is growing to reduce import dependency and support India’s 500 GW renewable energy target.
Can a nation power its rapid industrial growth while cutting carbon emissions and reducing energy import costs? India answered this challenge by achieving a record 45 GW of solar capacity additions in FY 2025–26, driven by top-tier domestic photovoltaic manufacturing and engineering. As India accelerates its renewable energy ambitions, solar energy has evolved from a niche alternative to a key component of sustainable development. A diverse range of solar companies in India are driving this shift, providing services including module manufacturing, Engineering, Procurement and Construction (EPC) and Independent Power Producer (IPP) services.
Factors that define a reputable solar brand in India:
- Manufacturing certifications: BIS, IEC, and MNRE empanelment signal proven quality standards
- Technology generation: Brands offering N-Type TOPCon or bifacial Mono PERC modules deliver higher efficiency and lower degradation
- Project track record: Companies with commissioned utility-scale, commercial, and residential projects across multiple states indicate reliability
- Pan-India service network: A nationwide presence for maintenance and warranty support is a key trust indicator
- ESG alignment: Brands with transparent sustainability reporting are preferred by institutional and commercial buyers
Among these, Avaada Electro stands out as one of India’s top solar PV manufacturers by operational capacity, producing 720 Wp N-Type TOPCon bifacial modules with 23.18% efficiency, among the highest in the domestic market.
List of the Top 20 Solar Panel Companies in India
Here is the definitive list of solar companies in India, ranked by manufacturing capacity, technology leadership, and market impact:
| Company Name | Focus Area | Technologies Offered |
| Waaree Energies | Module Manufacturing and EPC | High-efficiency PV Modules, Rooftop to Utility-scale Solutions |
| Goldi Solar | Module Manufacturing and EPC | High-efficiency Mono PERC and N-type TOPCon Solar Modules |
| Vikram Solar | Module Manufacturing and EPC | High-efficiency PV Modules, Ground-mounted and Rooftop EPC |
| Avaada Electro | Solar PV Manufacturing | N-type TOPCon 720 Wp Bifacial High-efficiency Solar Modules, Cells |
| Premier Energies | Solar Cell and Module Manufacturing | Mono PERC, TOPCon Solar Cells and Modules |
| Rayzon Solar | Solar Module Manufacturing | Mono PERC and TOPCon Solar Modules |
| Emmvee Photovoltaic Power | Module Manufacturing and Solar Heating | Solar PV Modules, Solar Water Heating Systems |
| Adani Solar | Utility-scale IPP and Module Manufacturing | Solar Cells and Modules, Solar-Wind Hybrids, Utility-scale Plants |
| ReNew | IPP | Wind and Solar Assets, Green Hydrogen, Energy Storage Solutions |
| Insolation Energy | Solar Module and Cell Manufacturing | TOPCon, Mono PERC, Bifacial Modules |
| Tata Power Solar | EPC and Rooftop Solar | End-to-end Solar EPC, Rooftop Solar, Solar Water Pumps |
| Saatvik Green Energy | Solar PV Manufacturing | High-efficiency N-type TOPCon and Bifacial Modules |
| Solex Energy | Solar PV Manufacturing | High-efficiency Solar Modules and EPC |
| Jakson Group | Diversified Energy and EPC | Solar Power Packs, Rooftop Solutions, Large-scale Solar EPC |
| Navitas Solar | Module Manufacturing and Rooftop | High-efficiency Solar Panels, Rooftop and Off-grid Solutions |
| Loom Solar | Residential Solar Solutions | Residential Solar Panels, Online Solar Product Distribution |
| Photon Energy Systems | EPC and Module Manufacturing | Solar Modules, Solar Water Heating, Multi-sector EPC |
| Kotak Urja | Integrated Solar Solutions | Solar Thermal and PV Systems, Decentralized Clean-energy Products |
| Harsha Abakus Solar | Module Manufacturing and Integration | Solar Modules, Customized Rooftop and Ground-mounted Systems |
| Ujaas Energy | Solar Production and Development | Rooftop and Utility-scale Solar Projects |
1. Waaree Energies
Waaree Energies is one of India’s leading solar PV module manufacturers, with a strong presence in manufacturing, EPC services, and renewable energy solutions. The company offers a wide range of products and services across the spectrum, ranging from rooftop to utility-scale installations.
Headquarters | Mumbai, Maharashtra (Plants: Surat & Umbergaon, Gujarat) |
Year Founded | 1989 |
Manufacturing Capacity | 12–13 GW+ (module; India’s largest solar module manufacturer) |
Key Certifications | IEC, BIS, ALMM |
Primary Markets | India (350+ locations), 68 countries |
Notable Achievements | India’s largest solar module manufacturer; 2nd-ranked Indian supplier (Mercom Leaderboard 2025 – 10% market share); 1.5 GW US facility expansion announced; top domestic order book 2025 |
2. Goldi Solar
Goldi Solar is a Gujarat-based leading solar PV module manufacturer. The company specializes in manufacturing high-efficiency Mono PERC and N-type TOPCon solar panels for utility-scale, commercial, and residential projects. With automated manufacturing facilities, Goldi Solar is expanding into solar cell production to strengthen domestic supply chains and support sustainable energy growth.
Headquarters | Surat, Gujarat (Plants: Pipodara, Navsari, Kosamba, Nana Borsara) |
Year Founded | 2011 |
Manufacturing Capacity | 15.2 GW module (India’s largest single manufacturer post-2025 expansion) |
Key Certifications | BIS, ALMM, IEC 62804, 4mm glass certified |
Primary Markets | India, USA, UAE, Germany, 20+ countries |
Notable Achievements | India’s first AI-powered solar manufacturing facility (Kosamba); 3rd-ranked Indian supplier (Mercom 2025 – 6% market share); fastest capacity growth from 10 MW to 15.2 GW; raised ₹737 crore+ through private investment |
3. Vikram Solar
Vikram Solar is a Kolkata-based module manufacturer of high-efficiency solar PV modules with a strong global presence. The company provides EPC services for ground-mounted and rooftop solar projects and is expanding its manufacturing capabilities to invest in advanced solar technologies.
Headquarters | Kolkata, West Bengal |
Year Founded | 2005 |
Manufacturing Capacity | 9.5 GW (module; as of Jan 2026 – plants in West Bengal & Tamil Nadu) |
Key Certifications | IEC 61215, IEC 61730, BIS, ALMM |
Primary Markets | India, 39+ countries globally |
Notable Achievements | Listed on BSE & NSE (IPO Aug 2025, raised ₹2,079 crore); commissioned 5 GW automated Vallam facility (Nov 2025); supplied modules for NTPC floating solar; EPC for multiple government utility projects |
4. Avaada Electro
Avaada Electro is one of India’s leading solar energy companies and among the top photovoltaic (PV) panel manufacturers by operational capacity. The company is at the forefront of the energy transition, focusing on producing high-efficiency solar cells and modules. The company has a pan-India presence with its manufacturing facilities in Uttar Pradesh and Maharashtra.
The company specializes in ‘N-Type TOPCon technology, delivering modules with an impressive 23.18% efficiency. Avaada Electro’s 720 Wp N-Type TOPCon Solar modules are well equipped for all utility-scale, commercial, and residential projects. These high-performance bifacial modules replace older polycrystalline technology, ensuring superior energy yields and supporting the ESG goals of its global partners. Its passion and dedication to sustainability and innovation make it a strong contender among India’s top solar players.
Headquarters | Noida, Uttar Pradesh (Corp. Office: Mumbai, Maharashtra) |
Year Founded | 2021 |
Manufacturing Capacity | 8.5 GW (module); 5.1 GW additional by FY2027 |
Key Certifications | ISO 9001, IEC 61215, BIS, UL, TÜV Rheinland, ALMM |
Primary Markets | India, International |
Notable Achievements | One of India’s top solar PV manufacturer; 23.18% module efficiency; first Indian manufacturer of 720 Wp N-Type TOPCon bifacial modules; PLI scheme winner; 7.56% domestic market share |
5. Premier Energies
Premier Energies is one of India’s leading integrated solar manufacturers with large-scale production capacities for both solar cells and modules. The company manufactures Mono PERC and TOPCon products and supplies utility-scale and commercial solar projects across India and international markets.
Headquarters | Hyderabad, Telangana |
Year Founded | 1995 |
Manufacturing Capacity | 3.4 GW (integrated cell & module; +1.6 GW expansion planned) |
Key Certifications | ISO, IEC, BIS, ALMM |
Primary Markets | India, International |
Notable Achievements | IPO listed on NSE & BSE (Sep 2024, raised ~$40M); one of India’s few fully integrated solar cell + module manufacturers; 30+ years in solar manufacturing; Mono PERC cells with 23.1% efficiency |
6. Rayzon Solar
Rayzon Solar is an Indian solar PV module manufacturer known for producing Mono PERC and advanced solar modules for utility-scale and commercial installations. The company has expanded its manufacturing capacity to support India’s growing renewable energy demand.
| Headquarters | Surat, Gujarat |
| Year Founded | 2015 |
| Manufacturing Capacity | Targeting 8 GW by 2025; SEBI-approved IPO underway |
| Key Certifications | IECBISALMM |
| Primary Markets | IndiaUtility-scaleCommercial |
| Notable Achievements | Top-5 Indian module supplier (Mercom 2025 – ~5% market share); co-founder Chirag Nakrani featured as shark on Shark Tank India Season 4; co-founder Hardik Kothiya among Gujar |
7. Emmvee Photovoltaic Power
Emmvee is a manufacturer of solar PV modules and a provider of solar water heating systems. The company has been active in the Indian market for several decades, providing reliable technology for residential and commercial solar applications.
Headquarters | Bengaluru, Karnataka |
Year Founded | 1992 (PV division: 2007) |
Manufacturing Capacity | 6.6 GW modules; 2.5 GW cells (as of April 2025); target ~16.3 GW by 2028 |
Key Certifications | ISO, IEC, German engineering standards |
Primary Markets | India, Germany, International |
Notable Achievements | Secured 6 GW land at Devanahalli (Bengaluru) for new integrated PV plant; won 4.5 GW TOPCon cell supply order (late 2025); backed by ₹3,600 crore financing; pioneer in solar thermal in India |
8. Adani Solar
Adani Solar is a part of the Adani Group and mainly focuses on developing and managing utility-scale solar and wind power plants. The group produces solar cells and modules, and implements large-scale solar power projects in India.
Headquarters | Ahmedabad, Gujarat (Manufacturing: Mundra, Gujarat) |
Year Founded | 2016 |
Manufacturing Capacity | 4 GW cells & modules; 2 GW ingots & wafers; targeting 10 GW integrated by 2027 |
Key Certifications | IEC, BIS, ALMM, Bloomberg Tier-1 |
Primary Markets | India, USA, Middle East, Asia |
Notable Achievements | India’s 1st & largest vertically integrated solar PV manufacturer; only Indian company ranked 6th globally (Wood Mackenzie 2026 Grade A); Kiwa PVEL Top Performer 7 consecutive years; shipped 10+ GW globally |
9. ReNew
ReNew is a major renewable energy firm in India with a diversified portfolio of wind and solar energy assets spread across several states. The company focuses on the latest clean energy technologies, including green hydrogen and energy storage solutions, to support long-term sustainability goals.
Headquarters | New Delhi, India (Manufacturing: Jaipur & Dholera, Gujarat) |
Year Founded | 2011 |
Manufacturing Capacity | 4 GW modules (Jaipur); 2.4 GW modules & 2.5 GW cells (Dholera); 6.4 GW total module capacity |
Key Certifications | LEED Gold (facility certifications); IEC 61215, IEC 61730 compliant modules; First plant under PLI scheme |
Primary Markets | India, USA, Middle East, Global |
Notable Achievements | Listed on NASDAQ (RNW, RNWWW); 20.2 GW renewable portfolio; Generates 9% of India’s total renewable energy; Produced 22,185 GWh clean energy in FY25; Avoided 18.6 million tons GHG emissions; World Economic Forum Global Lighthouse (twice); MIT Tech Review Top 15 Climate Tech Companies; COP28 Energy Transition Changemaker award; 3+ GW modules sold globally |
10. Insolation Energy
Insolation Energy (INA Solar) is a rapidly expanding solar panel manufacturer based in Rajasthan. The company manufactures TOPCon, Mono PERC, and bifacial solar modules through automated production facilities and is also expanding solar cell manufacturing capacity.
| Headquarters | Jaipur, Rajasthan |
| Year Founded | 2015 |
| Manufacturing Capacity | 5.5 GW combined (2 facilities in Jaipur); 7 GW expansion in Madhya Pradesh planned |
| Key Certifications | IECBISALMM |
| Primary Markets | IndiaDomestic utilities |
| Notable Achievements | Market cap ₹5,706 crore (March 2025); 118% YoY revenue growth (H1 FY25); Special Honor for solar investment in Rajasthan (SolarQuarter 2025); TOPCon modules 500–635 Wp; announced 7 GW MP expansion (Dec 2024) |
11. Tata Power Solar
As a part of the Tata Group, Tata Power Solar maintains a strong portfolio in the solar value chain. The company provides end-to-end solutions, including EPC services, rooftop solar, and solar water pumps.
Headquarters | Noida, Uttar Pradesh (Plant: Tirunelveli & Bengaluru) |
Year Founded | 1989 |
Manufacturing Capacity | 4.9 GW (modules + cells; 4.3 GW integrated plant in Tamil Nadu) |
Key Certifications | ISO 9001, ISO 14001, ISO 45001, IEC standards, ALMM |
Primary Markets | India, Global |
Notable Achievements | 35+ years of solar expertise; first Indian company to ship 1 GW modules worldwide (2017); Kiwa PVEL Top Performer 2025 (2nd year running); Special Jury Choice Award for manufacturing excellence |
12. Saatvik Green Energy
Saatvik Green Energy is a Haryana-based solar module manufacturing company with a large automated production capacity. The company focuses on engineering high-efficiency N-type TOPCon and dual-glass bifacial solar modules designed to maximize energy yields in diverse weather conditions. By providing reliable panels for major infrastructure projects, the company helps drive India’s domestic clean energy manufacturing sector.
Headquarters | Gurgaon, Haryana (Plants: 3 facilities in Ambala, Haryana) |
Year Founded | 2015 |
Manufacturing Capacity | 3.8–4.8 GW module per year |
Key Certifications | IEC, BIS, ALMM |
Primary Markets | India, International |
Notable Achievements | Top-5 Indian module supplier (Mercom 2025 – ~5% market share); IPO listed (NSE: SAATVIKGL; BSE: 544526); awarded EPC contracts by Himachal Pradesh Power Corporation (Jan 2025); N-type TOPCon bifacial module specialist |
13. Solex Energy
Solex Energy manufactures high-efficiency solar PV modules and provides EPC solutions for rooftop and utility-scale projects. The company focuses on advanced solar technologies and expanding domestic manufacturing capabilities.
| Headquarters | Surat, Gujarat (Plant: Tadkeshwar, Gujarat) |
| Year Founded | 1995 |
| Manufacturing Capacity | 4 GW (module; Industry 4.0-enabled automated facility in Tadkeshwar) |
| Key Certifications | IECBISALMMNSE listed (SOLEX) |
| Primary Markets | IndiaInternational OEM10,000+ global projects |
| Notable Achievements | First Indian solar brand listed on NSE Emerge; 30+ years in solar; 3M+ modules shipped globally; 52% YoY revenue growth H1 FY26 (₹415 crore); commissioned 800 MW N-Type TOPCon high-speed line (30% faster than industry avg) |
14. Jakson Group
The Jakson Group offers diversified energy solutions, including solar power packs, rooftop-based solutions, and large-scale EPC services for solar plants. The organization has commissioned multiple projects for government and private sector clients, focusing on sustainable energy infrastructure.
Headquarters | Noida, Uttar Pradesh |
Year Founded | 1947 |
Manufacturing Capacity | ~600 MW solar module (Greater Noida plant) |
Key Certifications | ISO 9001, IEC |
Primary Markets | India, Government & Private sector |
Notable Achievements | India’s first solar-powered train (Indian Railways); rooftop solar at Ayodhya Airport; 70+ years diversified energy leadership; OEM partner of Cummins; 40 MW power plant in Uttar Pradesh |
15. Navitas Solar
Navitas Solar is known for producing high-efficiency solar panels and building rooftop and off-grid solar solutions. The company provides end-to-end solar solutions, including site assessment, design, and installation for residential and commercial projects.
| Headquarters | India |
| Year Founded | 2012 |
| Manufacturing Capacity | ~500 MW (module manufacturing; backward integration planned) |
| Key Certifications | IECBISALMM |
| Primary Markets | IndiaResidentialOff-grid |
| Notable Achievements | End-to-end solar solutions covering site assessment, design & installation; growing off-grid and hybrid solar portfolio; backed by co-founders with expertise in strategic planning and international business development |
16. Loom Solar
Loom Solar is a Haryana-based technology-driven organization focusing on residential solar solutions. The innovative startup, which specializes in residential solar solutions, has a strong online presence for its solar products.
Headquarters | Faridabad, Haryana |
Year Founded | 2018 |
Manufacturing Capacity | Small-scale; 5 facilities focused on residential panels, inverters & lithium batteries |
Key Certifications | BIS, MNRE approved |
Primary Markets | India (Residential), Online D2C |
Notable Achievements | One of India’s fastest-growing solar startups; pioneered online solar product marketplace in India; strong D2C e-commerce model for residential customers; offers off-grid and hybrid solar solutions with lithium battery storage |
17. Photon Energy Systems
Hyderabad-based firm Photon Energy Systems offers EPC services and manufactures solar modules and water-heating systems. The company provides services to a wide range of sectors, including healthcare, education, and heavy industry.
| Headquarters | Hyderabad, Telangana |
| Year Founded | 1995 |
| Manufacturing Capacity | Module manufacturing + flat plate & evacuated tube collector manufacturing |
| Key Certifications | ISOBISIEC |
| Primary Markets | IndiaHealthcareEducationIndustry |
| Notable Achievements | 30+ years of solar industry experience; multi-sector EPC expertise across healthcare, education & heavy industry; pioneer in solar thermal systems (flat plate & evacuated tube collectors) alongside PV modules |
18. Kotak Urja
Kotak Urja is based in Bengaluru and provides integrated solar solutions, including solar thermal and PV systems. The solar power company offers renewable energy technology for rural and urban applications. Kotak Urja focuses on customized energy systems and supports the adoption of decentralized solar through innovative clean-energy products and services.
| Headquarters | Bengaluru, Karnataka |
| Year Founded | 1997 |
| Manufacturing Capacity | Solar thermal & PV systems (customised solutions; decentralised scale) |
| Key Certifications | ISOIECBIS |
| Primary Markets | IndiaRuralUrban |
| Notable Achievements | 25+ years in integrated solar; pioneer in decentralised solar for rural and urban India; recognized as a key player in solar rooftop market by industry reports; offers combined solar thermal + PV hybrid solutions |
19. Harsha Abakus Solar
Harsha Abakus Solar integrates solar energy systems through its solar module manufacturing. The company provides customized solutions for rooftop and ground-mounted installations, with a focus on engineering excellence.
| Headquarters | India (Domestic operations) |
| Year Founded | Early 2000s |
| Manufacturing Capacity | Customised rooftop & ground-mounted integration; module manufacturing |
| Key Certifications | ISOIECBIS |
| Primary Markets | India |
| Notable Achievements | Recognized for engineering excellence in customized solar integrations; serves residential, commercial & utility segments with engineered solar module and mounting systems |
20. Ujaas Energy
Ujaas Energy specializes in solar energy production and provides development for rooftop and utility-scale projects. The organization is an active participant in multiple solar infrastructure initiatives to expand access to clean energy.
| Headquarters | Indore, Madhya Pradesh |
| Year Founded | 2007 |
| Manufacturing Capacity | Rooftop & utility-scale project development (EPC focus) |
| Key Certifications | ISOMNRE empanelled |
| Primary Markets | IndiaRooftopUtility-scale |
| Notable Achievements | NSE-listed solar company; active participant in multiple central and state solar infrastructure initiatives; announced bonus share issue for investors (2025); strong rooftop solar portfolio across Madhya Pradesh and pan-India |
Solar Panel Companies in India by Category
Rooftop Solar Companies in India
- Tata Power Solar : India’s no. 1 rooftop solar brand
- Loom Solar : Residential-focused D2C rooftop solutions
- Navitas Solar : End-to-end rooftop assessment, design & installation
- Ujaas Energy : Rooftop & utility-scale project development
Solar Plant Companies in India (EPC Focus)
- Tata Power Solar : Utility-scale and commercial EPC
- Vikram Solar : Ground-mounted and rooftop EPC
- Waaree Energies : Rooftop to utility-scale EPC solutions
- Jakson Group : Large-scale solar EPC for government & private clients
- Photon Energy Systems : Multi-sector EPC (healthcare, education, industry)
Solar Module Companies in India (Manufacturing Focus)
- Avaada Electro : 720 Wp N-Type TOPCon bifacial modules
- Waaree Energies : 12–13 GW+ capacity
- Goldi Solar : 15.2 GW capacity
- Adani Solar : Vertically integrated cells, wafers, modules
- Emmvee Photovoltaic Power : Modules + solar thermal
India's Largest Solar Company & Market Leaders
| Title | Company | Why |
| India’s 3rd Largest Solar PV Manufacturer | Avaada Electro | 8.5 GW operational capacity and leadership in N-Type TOPCon solar technology |
| India’s Largest Solar Module Manufacturer | Waaree Energies | 12–13 GW+ manufacturing capacity with 350+ locations across India |
| India’s Largest Vertically Integrated Manufacturer | Adani Solar | One of India’s largest integrated solar manufacturers with global recognition |
| India’s Largest Single Manufacturer | Goldi Solar | 15.2 GW post-expansion manufacturing capacity |
| India’s No. 1 Rooftop Solar Brand | Tata Power Solar | Recognized as a leading rooftop solar provider with strong market presence |
Role of Advanced Solar Technology in 2026
The most reliable and future-ready solar panel brands in India for long-term investment is Avaada Electro, based on their advanced module technology, manufacturing scale, and alignment with India’s 500 GW renewable energy target.
What makes a solar brand future-ready in India
Avaada Electro’s N-Type TOPCon bifacial modules deliver 23.18% efficiency, 25–30 year durability, and 10–25% higher energy yields. Domestically manufactured and MNRE-aligned, they’re a future-proof, high-savings solar choice for Indian homes and businesses.
Conclusion: Choose the Best Solar Panel Brand for Your Needs
India’s solar industry includes several established companies serving residential, commercial and utility-scale projects. The top solar panel companies listed above offer a range of solar technologies and solutions for residential rooftops, commercial installations and large-scale solar projects, helping buyers choose products based on their specific energy needs and project requirements.
For future-ready solar technology, Avaada Electro stands out with its 720 Wp N-Type TOPCon bifacial modules, 23.18% efficiency and commitment to India’s 500 GW renewable energy vision.
Partner with Avaada Electro for high-efficiency solar solutions and advanced technology that drive sustainable energy growth.
FAQs
What are the top 5 solar companies in India?
Top 5 solar companies in India include Waaree Energies, Goldi Solar, Vikram Solar, Avaada Electro and Premier Energies. The right choice depends on factors such as module technology, efficiency, manufacturing capacity, certifications, project size, warranty and after-sales support.
Which is the best solar panel company in India?
No single solar panel company is best for every project. Avaada Electro is a good option for projects seeking N-Type TOPCon modules, while companies such as Waaree Energies, Tata Power Solar, Adani Solar and Vikram Solar offer options for different project needs.
What are the best solar panels in India for homes?
For residential rooftops, consider panels based on efficiency, available roof space, warranty, degradation rate and installation support. N-Type TOPCon modules can be a suitable option where higher efficiency and long-term performance are priorities. Companies such as Avaada Electro, Tata Power Solar, Goldi Solar and Saatvik Green Energy offer residential-suitable module options.
Which solar panel brands in India offer N-Type TOPCon?
Several solar panel manufacturers in India offer N-Type TOPCon modules, including Avaada Electro, Goldi Solar, Saatvik Green Energy, Premier Energies, Insolation Energy and Rayzon Solar. When comparing them, check module efficiency, power output, temperature coefficient, degradation rate, warranty and applicable certifications.
Where can I find a reliable list of solar companies in India?
A reliable list should cover solar module manufacturers, EPC companies, rooftop solar providers and IPPs. Compare solar manufacturing companies based on current manufacturing capacity, module technology, certifications, warranty terms, project experience and after-sales support, rather than relying only on rankings.
