Top 10 Solar Energy Companies in India | Industry Demand, Key Players & Outlook 2025

Code: MTA8123 Publication Date: Aug 2025

Top 10 Solar Energy Companies in India 

According to 6Wresearch internal database and industry insights, the India Solar Energy Market is set for tremendous growth, projected to expand at a CAGR of 9.5% during the forecast period (2025-2031).

This robust growth is mainly driven by the country's ambitious renewable energy targets, declining solar panel costs, supportive government policies, and growing corporate and residential adoption of clean energy solutions. 

This report emphasizes the Top 10 Solar Energy 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 Energy Industry.

List of Leading Companies in the India Solar Energy Market

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

1. Tata Power Solar Systems Ltd

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

Tata Power Solar is one of India's oldest and most trusted solar companies, offering integrated solutions from module manufacturing to EPC projects and rooftop systems.

2. Adani Solar (Adani Green Energy Ltd)

Company NameAdani Solar (Adani Green Energy Ltd)
Established Year2015
HeadquartersAhmedabad, Gujarat
Official WebsiteClick Here

Adani Solar is India's largest integrated solar cell & module manufacturer, with strong expertise in utility-scale projects and global exports.

3. Vikram Solar Ltd

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

Vikram Solar is a leading solar PV manufacturer and EPC player, executing large-scale projects in India & abroad with high-efficiency modules.

4. Waaree Energies Ltd

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

Waaree Energies is among India's largest solar module makers, offering EPC services, rooftop solutions, and a wide product portfolio.

5. ReNew Power Pvt. Ltd

Company NameReNew Power Pvt. Ltd
Established Year2011
HeadquartersGurugram, Haryana
Official WebsiteClick Here

ReNew Power is a renewable energy leader, operating a large portfolio of utility-scale solar & wind plants, driving India's green transition.

6. Azure Power India Pvt. Ltd

Company NameAzure Power India Pvt. Ltd
Established Year2008
HeadquartersNew Delhi, Delhi
Official WebsiteClick Here

Azure Power pioneered solar power development in India, with a strong foothold in utility-scale and rooftop solar projects.

7. Loom Solar Pvt. Ltd

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

Loom Solar is a fast-growing brand specializing in residential & SME rooftop solutions, with high-efficiency panels & lithium batteries.

8. Jakson Group

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

Jakson Group is a diversified energy company delivering EPC, solar modules, and hybrid renewable systems for industrial & institutional clients.

9. Goldi Solar Pvt. Ltd

Company NameGoldi Solar Pvt. Ltd
Established Year2011
HeadquartersSurat, Gujarat
Official WebsiteClick Here

Goldi Solar manufactures high-quality solar modules and provides EPC services across utility, commercial, and residential markets.

10. Saatvik Green Energy Pvt. Ltd

Company NameSaatvik Green Energy Pvt. Ltd
Established Year2015
HeadquartersGurugram, Haryana
Official WebsiteClick Here

Saatvik Green Energy produces premium solar modules and is expanding capacity to meet rising domestic & global demand.

Top 10 Solar Energy Companies in India : FAQ's

India Solar Energy Market is poised for robust growth, registering a CAGR of 9.5% between 2025-2031.
Leading players include Tata Power Solar, Adani Solar, Vikram Solar, Waaree Energies, and ReNew Power.
Growth is propelled by supportive government policies, corporate sustainability initiatives, and rising residential adoption.
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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