Top 10 Solar Companies in India in 2020
#1. Loom Solar
Strong Hold Area - Residential Rooftop
Loom Solar is a growing solar company with a huge online presence. It is headquartered in Faridabad, Haryana. Loom Solar provides latest solar products such as solar systems, solar panels, solar inverters and solar chargers; delivery and installation across India within three days; and hassle free government approvals for subsidy, net metering. The company has also started manufacturing their own range of solar panels.
- Strong Brand Equity
- Recognized as Startup by Government of India
- Market Leadership Position in Mono Crystalline Panels that generates power in low light and cloudy weather.
Company Website: www.loomsolar.com
#2. Vikram Solar
Strong Hold Area - Utility Scale Projects
Vikram Solar is a manufacturer of PV solar modules headquartered in Kolkata, West Bengal. It is a part of the Vikram Group of companies, having an experience of more than four decades in engineering and manufacturing activities. Vikram Solar's rated annual solar module production capacity is upgraded to 1 GW. Vikram Solar has offices across the whole of India and global offices in Europe and Africa.
- Large Manufacturing Facility
- Wide Range of Solar Panels
- High-efficiency PV module manufacturing
- Comprehensive EPC Solutions
Company Website: www.vikramsolar.com
#3. Tata Solar
Strong Hold Area - Residential Rooftop
Tata Solar has one of the biggest and oldest solar panel manufacturing operations in India. Tata Solar is engaged in manufacturing and providing EPC services. The company has a strong presence in industrial, commercial, both on-grid and off-grid solar projects, and residential segments. Tata Solar has shipped close to 1.4 GW of solar modules worldwide and installed 1.5 GW of utility scale and 200 MW of rooftop solar projects in India, in the past 20 years.
- Leading Company Reputation
- Large in-House Manufacturing Base
- Tata is a reputed brand, TATA Solar stands a good chance to serve the 25-year service warranty that comes with its panels.
Company Website: www.tatapowersolar.com
#4. LG India
Strong Hold Area - Off Grid Solution
LG IN Solar Panels for Business brings world class engineering, design and manufacturing under one great brand for exceptional performance for businesses.
Company Website: www.lg.com/in/business/solar-panels
#5. Waaree
Strong Hold Area - Utility Scale Projects
With 29 years of industry experience, Waaree Solar is one of India’s largest vertically integrated solar companies. The company has a 1.5 GW solar panel manufacturing unit in Surat, India. Waaree has its presence in over 280+ locations nationally and 68 countries internationally. The company has an experience in providing EPC services, project development, rooftop solutions, and solar water pumps and also as an Independent Power Producer.
- Rich experience
- Vertical integration
- Wide Range of Solar Panels - Waaree manufactures a wide range of solar products ranging from solar modules, to solar water pumps and rooftop solutions.
- Low cost and good quality products
Company Website: www.waaree.com
#6. Luminous
Strong Hold Area - Residential Rooftop
Luminous is a New Delhi-based maker of inverters and industrial batteries with Schneider having a 74% stake in it. The company sells both grid-tied inverters as well as inverters for off grid solar applications. Luminous has over 30 years of experience as a leading power solutions provider.
- Good quality products
- Lifetime support
- Convenience of buying
Company Website: www.luminousindia.com
#7. Panasonic
Strong Hold Area - Off Grid Solutions
Newark, NJ-based Panasonic Corporation of North America is a leading technology partner and integrator to businesses, government agencies and consumers across the region.
Company Website: na.panasonic.com/us/energy-solutions/solar/
#8. Trina Solar
Strong Hold Area - Utility Scale Projects
Trina Solar is one of the largest Chinese vertically integrated solar photovoltaic manufacturer in the world. The company manufactures for domestic distribution, captive consumption and also ships to international key markets including the U.S, Europe, India etc. The company also has a presence in the downstream project business. Trina Solar has a presence across utility, commercial and residential segments. The company has a huge presence in India accounting for a major chunk of solar panel imports into the country. It has now introduced TrinaHome, a complete solar rooftop home solution customized for India, suitable for installation in residences, SME establishments and other places like schools and hospitals.
- High-Efficiency modules
- Leading supplier globally
- Large scale
- Extensive manufacturing
- Large global presence
Company Website: www.trinasolar.com
# 9. Canadian Solar
Strong Hold Area - Utility Scale Projects
Canadian is headquartered in Canada, but has most of its manufacturing in China. In the past 17 years, Canadian Solar has successfully built up 9 GW of module manufacturing capacity and has delivered more than 29 GW of solar modules to customers in over 150 countries worldwide. It also has a geographically diversified pipeline of utility-scale power projects and is one of the leading solar developers globally.
- Leading supplier globally
- Large scale
- Extensive manufacturing
- Huge geographical footprint
Company Website: www.canadiansolar.com
#10. First Solar
Strong Hold Area - Utility Scale Projects
First Solar is a leading thin-film panel company in the US. First Solar is a leading global provider of comprehensive PV solar systems using advanced technology. It is also a leading thin-film module supplier in India, as the technology perfectly suits the country’s weather conditions. First Solar is also has a wide geographical presence in countries other than USA and India, selling more than 175 GW of solar modules worldwide.
- Leader in Thin Film Manufacturing - Thin Film (cadmium-telluride technology) modules have started becoming mainstream. These panels no claim to be more competitive and efficient in terms of energy generation in high-temperature climates such as India and the Middle East.
- High-Efficiency Panels - The company has made impressive gains in efficiency over the last few years. Its solar panels have reached an efficiency of 16.9% in the present day.
- Extensive R&D facilities