Top 10 Solar Companies in India | Industry Trends & Forecast 2025

Code: MTA8122 Publication Date: Aug 2025

Top 10 Solar Companies in India

According to 6Wresearch internal database and industry insights, the India Solar Market is set for strong growth, expanding at a robust growth rate (CAGR) of 5.7% during the forecast period (2025-2031).

This upsurge is being proliferated by the government's push towards renewable energy adoption, and growing corporate and residential interest in sustainable energy solutions. Furthermore, favorable policies, tech advancements in photovoltaic efficiency, and the rising demand for energy independence are accelerating the adoption of solar systems across the nation.

This report emphasizes the Top 10 Solar Companies in India, as acknowledged through widespread analysis conducted by 6Wresearch internal database. Directed by in-depth market evaluation and industry experts, these leading companies have been known as the primary leaders driving growth and innovation in the India Solar Industry.

List of Leading Companies in the India Solar Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Fourth Partner Energy Pvt. Ltd

Company NameFourth Partner Energy Pvt. Ltd
Established Year2010
HeadquartersHyderabad, Telangana
Official WebsiteClick Here

Fourth Partner Energy provides distributed solar solutions for businesses, delivering on-site & off-site solar power through innovative financing models.

2. Tata Power Solar Systems Ltd

Company NameTata Power Solar Systems Ltd
Established Year1989
HeadquartersBengaluru, Karnataka
Official WebsiteClick Here

Tata Power Solar, part of Tata Power, is a pioneer in India's solar industry, offering PV modules, EPC solutions, and large-scale solar projects.

3. Adani Solar (Adani Group)

Company NameAdani Solar (Adani Group)
Established Year2015
HeadquartersAhmedabad, Gujarat
Official WebsiteClick Here

Adani Solar is India's largest integrated solar company, manufacturing high-efficiency modules and executing utility-scale & rooftop projects nationwide.

4. Vikram Solar Ltd

Company NameVikram Solar Ltd
Established Year2006
HeadquartersKolkata, West Bengal
Official WebsiteClick Here

Vikram Solar is a leading PV module manufacturer and EPC provider, recognized for innovation, quality, and global exports.

5. Waaree Energies Ltd

Company NameWaaree Energies Ltd
Established Year1989
HeadquartersMumbai, Maharashtra
Official WebsiteClick Here

Waaree Energies is among India's top solar PV manufacturers, offering turnkey EPC services, project development, and rooftop solutions.

6. ReNew Power (ReNew Energy Global Plc)

Company NameReNew Power (ReNew Energy Global Plc)
Established Year2011
HeadquartersGurugram, Haryana
Official WebsiteClick Here

ReNew Power is a leading renewable energy company with a large portfolio of utility-scale solar plants, dedicated to sustainable clean power.

7. Azure Power

Company NameAzure Power
Established Year2008
HeadquartersNew Delhi, Delhi
Official WebsiteClick Here

Azure Power develops & operates utility and rooftop solar projects across India, focusing on long-term clean energy generation.

8. Jakson Group

Company NameJakson Group
Established Year1947
HeadquartersNoida, Uttar Pradesh
Official WebsiteClick Here

Jakson Group provides integrated solar solutions, including EPC, module manufacturing, and hybrid/off-grid systems.

9. Emmvee Photovoltaic Power Pvt. Ltd

Company NameEmmvee Photovoltaic Power Pvt. Ltd
Established Year1992
HeadquartersBengaluru, Karnataka
Official WebsiteClick Here

Emmvee manufactures high-performance solar PV modules and offers turnkey solar installations for industrial, commercial, and residential sectors.

10. Loom Solar Pvt. Ltd

Company NameLoom Solar Pvt. Ltd
Established Year2018
HeadquartersFaridabad, Haryana
Official WebsiteClick Here

Loom Solar is a fast-growing Indian solar brand, offering advanced panels, lithium batteries, and inverters for homes & small businesses.

Top 10 Solar Companies in India : FAQ's

India Solar Market is expected to grow at a CAGR of 5.7% between 2025-2031.
Leading players include Tata Power Solar, Adani Solar, Waaree Energies, Vikram Solar, and ReNew Power.
Key growth factors include government incentives, cost reductions in PV manufacturing, and increasing adoption across residential, commercial, and industrial sectors.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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