Top 10 Solar Panel Companies in India | Size, Share & Future Opportunities 2025

Code: MTA8124 Publication Date: Aug 2025

Top 10 Solar Panel Companies in India 

According to 6Wresearch internal database and industry insights, the India Solar Panel Market is set for strong expansion, registering a CAGR of around 15.8% during the forecast period (2025-2031).

This growth is being underpinned by favorable government policies, declining solar module costs, and rising awareness about clean energy solutions. Moreover, the push for energy independence, coupled with corporate sustainability commitments, is driving large-scale adoption in residential, commercial, and industrial segments.

This report emphasizes the Top 10 Solar Panel 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 Panel Industry.

List of Leading Companies in the India Solar Panel 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, a pioneer in India's solar industry, offers high-efficiency solar panels and turnkey EPC solutions, serving residential, commercial, and utility-scale projects.

2. Adani Solar (Adani Group)

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

Adani Solar is India's largest integrated solar manufacturer, producing high-performance PV modules and driving large-scale renewable projects nationwide.

3. Vikram Solar Limited

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

Vikram Solar specializes in high-efficiency monocrystalline & bifacial panels, with a strong domestic and global presence.

4. Waaree Energies Ltd

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

Waaree is one of India's largest solar PV manufacturers, offering solutions for rooftop, off-grid, and utility-scale projects.

5. RenewSys India Pvt. Ltd

Company NameRenewSys India Pvt. Ltd
Established Year2011
HeadquartersMumbai, Maharashtra
Official WebsiteClick Here

RenewSys is a leading solar PV module & component maker (EVA, backsheet), focusing on quality and sustainability.

6. Emmvee Photovoltaic Power Pvt. Ltd

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

Emmvee produces premium solar modules and executes large-scale solar projects, emphasizing long-term performance.

7. Loom Solar Pvt. Ltd

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

Loom Solar is an emerging player offering innovative solar panels tailored for residential and small business use.

8. Goldi Solar Pvt. Ltd

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

Goldi Solar manufactures high-quality solar PV modules and has expanded capacity to meet domestic & export demands.

9. Premier Energies Ltd

Company NamePremier Energies Ltd
Established Year1995
HeadquartersHyderabad, Telangana
Official WebsiteClick Here

Premier Energies is a well-established manufacturer, producing advanced PV modules and investing in next-gen renewable technologies.

10. Saatvik Green Energy Pvt. Ltd

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

Saatvik Green Energy manufactures premium mono & bifacial modules, catering to rooftop and large-scale projects.

Top 10 Solar Panel Companies in India : FAQ's

India Solar Panel Market is projected to grow at a CAGR of 15.8% between 2025-2031.
Growth is driven by falling solar panel costs, growing demand for renewable energy, and corporate sustainability goals.
Leading players include Tata Power Solar, Adani Solar, Vikram Solar, and RenewSys.
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.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All