15 Top Indian Solar Energy Companies (Saur Urja)

Top Indian Solar Companies

15 Top Indian Solar Energy Companies (Saur Urja)

Admin 27th November 2020

India is one of the biggest countries in the world and so is its plan for producing renewable energy. The country has the second-highest population in the world and has quite an energy-hungry scenario. To tackle all these problems and bless its people with energy, the ancient country has been shifting towards renewable energy. There are many Solar Group in India working day and night regarding the situation.

As of August 31, 2020, India has installed a solar worth capacity of 35,739 Mega-Watt (MW). The country built an initial target of 20 Giga-Watt (GW) for 2022. But they achieved these heights, before Four years of schedule. Of course, there are Top Indian Solar Companies behind this which we will also talk about.

Image from Ministry Of New And Renewable Energy


Headquarters of India proposed “The International Solar Alliance (ISA)” is also situated in the country. Furthermore, they have put the concept of "One Sun One World One Grid" and "World Solar Bank". This is to harness a lunatic amount of solar power on a global scale if everything goes as planned.

Source: Ministry Of New And Renewable Energy

Which is the largest Solar Group in India?

As per Saur Energy International, ACME Solar Holdings is the undisputed largest producer of solar energy in India. It has an installed base of over 2.9 Giga-Watts (GW). The Solar Group in India finished at the top position in both 2018 and 2019 years respectively.

Currently, the Solar Solutions company is undertaking the construction of a solar pipeline of 2.6 GW. The company also developed a whopping 600 MW solar project in Rajasthan, India. They didn't just complete it, they completed it with a record-breaking tariff of Rs. 2.44/kWh.

Image from ACME Official Site.

Image From ACME Official Site

For this, they were awarded by SECi in December 2018. The company won a tender at Bhadla, where they repeated to achieve the same height. No extra explanation is needed for ACME Solar Holdings to be crowned as the top Solar Group in India.

With that being said, let's talk about other Top Indian Solar Companies. We have prepared a list of 15 Solar Group in India which we hope to be great information for you. Without any delay, let's dive into it.

Top Indian Solar Companies

1. Goldi Solar

At the top of the list in Top Solar Group in India, we have Goldi Solar. Goldi Solar is one of the fastest-growing solar PV module manufacturing solar groups in India. It has been renowned as a star export house by the Government of India.

The company claims its solar panels can deliver top performance even under extreme sunlight conditions. They say a combination of maximum efficiency and optimized temperature results in such sheer performance.

The company believes in delivering value with a product fir for purpose and the highest return on investment. Goldi company moves with the motive to do a better thing today that will bring a positive impact tomorrow.

The new project of the company in Gujarat is such an example of its motives. The project unit is said to eventually have a 1 GW production capacity.

  • Founded: 2011

  • Headquarter: Gujrat, India

  • Number of Employees: Over 500

  • Projects: DNH, Silvasa, Surat Municipal Corporation, Vadodara Airport, GST Bhavana, Shrimad Rajchandra Trust

  • Sector: Solar Energy

  • Specialists: Manufacturing Solar Panels via Automated Robots

  • Significant Facts: Exports Solar to 12 plus countries

  • Website: www.goldi.one

2. Waaree Energies

Waaree Energies was renounced as India's Greatest Brand in the 2019-20 year. The company has the largest Solar PV module manufacturing capacity of 2GW's in India.

It is top in providing EPC services, project development, rooftop solutions, solar water pumps as well as Independent Power Producer. The company believes in providing high quality and cost-effective sustainable energy solutions. This just doesn't improve the quality of the present but improves the future too.

Furthermore, let's not forget to mention it has a 2GW Module Manufacturing Facility. It's also India's top Module Manufacturer and has supplied over 3GW Modules globally. Add more to this is its accomplishment over exporting products over 68 plus countries.

  • Founded: 1989

  • Headquarter: Maharashtra, India

  • Projects: 10000 Plus Projects Completed

  • Sector: Solar Energy

  • Specialists: PV Modules, On-grid Inverters, Off-grid, Inverters, Batteries, Water Pumps Solar Products

  • Significant Facts: India's first company to have NABL accredited testing lab, India's Top Module Manufacturer, Products exported over 68 Plus countries

  • Website: Waaree.com

3. Tata Power Solar

Tata Power Solar is crowned as India's largest solar company in India. They provide top-notch quality PV module manufacturing and complete EPC solutions.

The company doesn't just have a strong footprint in India but has internationally as well. It has earned the trust, respect, and loyalty of customers by enriching the lives of millions with its comprehensive solutions.

Its aim is to fight against the rising pollution problem in India. That's exactly the reason why the company is replacing non-renewable fuel usage with renewable ones. They are trying to bring a solar power revolution by combining the expertise of TPS experience and Advanced technology.

  • Founded: 1989

  • Headquarter: Mumbai, India

  • Number of Employees: 700 employees

  • Projects: Completed Numerous Large Projects and International Projects

  • Sector: Solar Energy

  • Specialists: Water Pumps, Solar Microgrids, Solar RO Systems, Rooftop Solar Solutions

  • Significant Facts: Awarded with various honours across genres

  • Website: TataPowerSolar.com

4. ReNew Power

ReNew Power's vision is to build the best renewable energy company in the world. It is also India's largest renewable energy in IPP. The company develops, builds, and owns as well as operates projects of utility-scale wind and solar energy.

Furthermore, it distributes solar energy projects to be used by commercial and industrial customers. The company is also committed to increasing a sustainable environment and maintaining the highest standards of quality and sustainability and acting responsibly all the time.

The company operates more than 110 utility-scale projects throughout 8 states in India. Even the media, industry bodies, and the public at large noticed the company's growth and have various uncountable awards since then.

  • Founded: 2011

  • Headquarter: India

  • Number of Employees: Produced over 85,000 jobs directly and indirectly

  • Projects: Currently runs over 110 projects

  • Sector: Solar Energy as well as Wind Energy

  • Specialists: Utility Wind as well as Solar energy

  • Significant Facts: Received various uncountable awards

  • Website: RenewPower.in

5. Amplus Solar

Amplus Solar is one of Asia's leading companies when it comes to providing low carbon energy solutions to commercial and industrial customers. The company specializes in solar energy via on-site solar projects as well as off-site solar projects.

Currently, the projects of Amplus are spread throughout more than 275 locations inside India. It also provides its services to more than 180 plus commercial and industrial industries. They generate almost 11890 Million units of electricity over the 25 years project time span.

It hasn't been long since the company has started to diversify in new avenues. Solar Plus Storage, EV Charging Infrastructure, Energy efficiencies, Concentrated solar power technologies as well as residential solar and others.

  • Founded: 2010

  • Headquarter: Gurugam, India

  • Number of Employees: 250 Plus Team

  • Projects: 275 Plus Projects completed across 22 states in India

  • Sector: Solar Energy

  • Specialists: On-site Solar, Solar Plus Storage, Hawk AI Energy Monitoring, Off-Site Solar

  • Significant Facts: National CSR Leadership Award, National Excellence Award, and more

  • Website: AmplusSolar.com

6. Indosolar

Indosolar has left an impactful footprint across 30 plus countries. The company is trying to build a sustainable future through renewable energy solutions at lower costs.

They produce premium PV Solar Cell and Modules. The company claims its products to be Reliable, Affordable as well as Innovative. It brings a world-class manufacturing facility to India with a state of the art production lines from Germany. Its capacity is 500MW.

Their goal is simply to ensure consistent product improvement as well as to build a close relationship with installers and developers. Its product is built to last 35 years. Furthermore, they give 10 Years Warranty on their products as well as gives 25 Years Performance warranty. Let's call it sheer class confidence.

  • Founded: 2008

  • Headquarter: India

  • Projects: 260 plus satisfied customers

  • Sector: Solar Energy

  • Specialists: High-Quality Cells and Modules, Residential Rooftop Systems, Business Solutions

  • Significant Facts: India's Largest PV Cell Manufacturer

  • Website: IndoSolar.co.in

7. Vikram Solar

Vikram Solar Limited has its presence across 6 continents. The company has shipped 2.4GW Plus High-Efficiency Modules, 1355MW Plus Experienced EPC, and completed 660MW Plus O&M Services globally. This is exactly why this company is recognized as a leading solar energy solutions provider.

The company specializes in High-Efficiency PV module manufacturing as well as providing complete EPC Solutions. It is trying to re-shape the solar revolution.

They believe in Maximum Reliability and Maximum Savings with Green energy to ensure a sustainable environment. It also has its own Advanced Research And Development Infrastructure. 1.2 GW is their Annual production capacity.

  • Founded: 2006

  • Headquarter: India

  • Projects: 12 Milestone projects completed with several others

  • Sector: Solar Energy

  • Specialists: Solar Panels, Experienced EPC, High-Efficiency Modules as well as Complete O&M Services

  • Significant Facts: Various awards received

  • Website: VikramSolar.com

8. Hindustan Power

Featuring next in our list of Top Solar Group in India comes Hindustan Power. Hindustan Power is an independent power producer. Its vision is to transform lives with affordable, reliable, clean energy, and infrastructure. The company wants to be admired globally as an infrastructure company.

They have completed projects in countries such as Japan, Germany, UK, South Korea as well as Italy. The company also built India's first solar power plant of 5MW. Furthermore, they installed a capacity of around 450MW in India.

The company is also up-lifting Socio-Economic in rural areas by providing jobs. The main aim of the company is to reduce carbon emission whilst building a better sustainable future for our future generation.

  • Founded: 2008

  • Headquarter: New Delhi, India

  • Projects: 22 Projects Completed Internationally as well as 25 Projects Completed in India

  • Sector: Solar Energy

  • Specialists: EPC Solutions, Solar Solutions

  • Significant Facts: Operates projects globally

  • Website: HindustanPowerProjects.com

9. Orb Solar

Orb Solar has sold more than 160,000 solar systems as well as installed more than 95MW capacity of rooftop solar systems. The company provides a wide range of solar energy solutions to residential, commercials, and industrial consumers.

The company mainly focuses on Small and Medium-sized Enterprises as its consumers. The solar panels and solar water heating systems are built whilst keeping quality and cost in mind.

The company gained recognition and success so they have started to operate even in Kenya replicating its Indian model in Africa. With its Humble beginning in 2006 to getting established even in Kenya in 2014, Orb Solar has shown its interest in a sustainable environment.

  • Founded: 2006

  • Headquarter: Bangalore, India

  • No OF Employees: 300

  • Projects: Various projects accomplished

  • Sector: Solar Energy

  • Specialists: Solar Solutions

  • Significant Facts: Sold more than 160,000 Solar Systems as well as more than 95MW of rooftop solar systems

  • Website: OrbEnergy.com

10. Azure Power

Azure Power delivers cost-effective energy for every customer. Their in-house EPC expertise lowers system costs. They claim to provide low-cost solar power solutions at high efficiency yields.

The company's vision is to provide affordable solar power for generations. They also move forward with the motive to be the lowest-cost power producer in the world.

The company is backed up by several long-term marquee investors. They also have the proudest privilege of being the first Indian energy asset that was listed on the New York Stock Exchange. Let's not forget to mention they were also listed in the first solar free bond on the Singapore Stock Exchange.

  • Founded: 2009

  • Headquarter: India

  • Projects: Various Projects completed

  • Sector: Solar Energy

  • Specialists: Solar Solutions, Pipeline Projects, EPC expertise

  • Significant Facts: 1809MWs Operational Capacity, 7115MWs Total Capacity as well as 7 PLus GW Portfolio across India

  • Website: AzurePower.com

11. Adani Renewable

Adani Renewable currently has a portfolio of 13,990 MW. The company self develops, builds owns and operates as well as maintains utility-scale grid-connected solar and wind farm projects.

All the generated green energy is supplied to central and state government entities as well as to government-backed corporations. The company undertook projects throughout 80 locations in 11 different states of India.

Currently, the company has an asset base valued at whooping USD. 2 billion. Their vision is to be a world-class leader in the business that enriches and contributes to the nation whilst creating sustainable development. The company's eyes are on accomplishing their target of 25 GW by 2025.

  • Founded: 2009

  • Headquarter: Gujarat, India

  • Projects: 54 Projects completed and 12 Projects undergoing

  • Sector: Solar and Wind Power

  • Specialists: Solar Power, Wind Power, Hybrid Power, Solar Parks

  • Significant Facts: Various Awards collected to date

  • Website: AdaniGreenEnergy.com

12. Aston-field Solar

Aston-field solar engineers and is an EPC company that provides complete solar solutions to industrial and corporate consumers. Its services are not just limited to India but rather are extended up to Sub-Saharan Africa as well as the Middle East.

The company's mission is to realize single-digit Levelized costs of energy in Sub-Saharan Africa. It also offers tailor-made solar solutions for clients. They are specialized in Ground-Mounted Solar, Commercial And Industrial Solutions, Agricultural Solar Solutions as well as Mass Volume Small Scale Solutions.

  • Founded: 2008

  • Headquarter: Mumbai, India

  • Projects: Various projects completed throughout India and Kenya

  • Sector: Solar Energy

  • Specialists: Ground-Mounted Solar, Commercial And Industrial Solutions, Agricultural Solar Solutions as well as Mass Volume Small Scale Solutions

  • Significant Facts: Services available from Sub-Saharan Africa, the Middle East, and Asia

  • Website: AstonField.com

13. Sun Source Energy

Sun Source Energy moves with a motive to one day see the entire world running on clean energy. The company is committed to the idea of sustainability.

They just don't produce and deliver Solar energy but also endorse energy conservation for future generations. The company doesn't just want to show the idea of clean energy but to seed the green lifestyle that comes with it.

The company develops, engineers, procures, constructs as well as operates solar power plants and projects. All this to just help their institutional, industrial, commercial as well as non-profit sectors.

  • Founded: 2010

  • Headquarter: Noida, India

  • Projects: 100 Plus Projects

  • Sector: Solar energy

  • Specialists: Turnkey EPC, Solar Power, Advisory Services

  • Significant Feats: Delivered Projects in India, Philippines, and the USA

  • Website: SunSourceEnergy.com

14. EMMVEE

EMMVEE is India's one of the leading manufacturers of solar products. It has a substantial market share not just in India but in Europe, Africa, and the Middle East as well.

PV Modules from EMMVEE come with superior quality, Consumer centrism, and transparency. All of the products are excellent performance and durability. The company claims its solar products are an amalgamation of revolutionary technology and smart innovation that contribute to sustainable living.

The company's vision is to make every individual and organization's energy independent. They plan to achieve this by providing highly qualitative, innovative as well as cost-effective premium solar products and solutions.

  • Founded: 1992

  • Headquarter: Bengaluru, India

  • Sector: Solar Power

  • Specialties: PV Modules as well as Solar Water Heating System

  • Significant Facts: Ranked India's No. 1 Module Supplier

  • Website: Emmvee.com

15. Jinko Solar

Last but not least in Top Solar Group in India, we have Jinko Solar. Jinko Solar is a China-based company that has also left a strong footprint in India. It is also one of the largest distributors and most innovative solar manufacturers in the world.

The company has 9 Production facilities globally and 14 overseas subsidiaries. Its mission is to change the way people generate and use electricity. They also contribute to developing a sustainable future by producing clean energy that is efficient and economic.

The vision of the company is to provide a one-stop solution to clean energy. To date, Jinko Solar has delivered 59.9 GW of clean energy. They have recorded 8,000 plus orders annually.

  • Founded: 2006

  • Headquarter: Mumbai, India

  • Projects: Accomplished projects over 100 plus countries

  • Sector: Solar Power

  • Specialists: PV Modules as well as Solar Panel

  • Significant Facts: Covers 100 Plus countries

  • Website: JinkoSolar.com

Where is the largest solar panel located in India?

There are tons of uncountable solar power plants located in India. Among all Bhadla Solar Park is known as the alpha. Bhadla Solar Park resides in Bhadla village in Rajasthan, India.

Image From NSEnergyBusiness.com

Bhadla Solar Park generates an astonishing 2,250MW of clean energy. The solar park spans over 14,000 acres of land. This Solar Park is the reason why the state's current solar power is 10% of Rajasthan's total power usage. It has also witnessed Rs. 2.44 per kWh, which is the lowest bid for tariff so far in India.

Source: NS Energy

Solar Power Potential in India

According to Nature.com, India's renewable power economy could meet 80% of the expected 2040 power demand. This could reduce 85% of the emission of CO2.

Regions characterised by an expectational solar power potential are known as Solar hotspots. These types of Solar hotspots are in uncountable numbers located in India. Various Data Analysis have even revealed that nearly 58% of India's geography is Solar hotspot friendly.

Image From World Bank Group

India faces 300 clear and sunny days in a year. If we calculate this, India can produce up to 5000 trillion kWh per year or 5EWH/yr to say. Theoretically, if India captures a small fraction of the total estimated solar energy that it can meet the entire country's power requirements.

Current power plants have already benefited Indian villages by meeting all of their power demands. Cooking, lighting, and other uses are such demands that are still being fulfilled with just solar power.

Source: Nature | Science Direct

Conclusion

India has already achieved the 5th global position in solar power generation. The country outclassed Italy in the race. They can even go up higher if they achieve their full solar potential which will surely take some time.

In the last five years, solar power in India has increased by more than 11 times. The statistics proved this. Before five years, it was 2.6GW in March 2014 and was 30GW in July 2019. The advancement of 2020 is yet to be added.

Image From Ministry Of New And Renewable Energy

India plans to achieve 40 percent cumulative electric power installed capacity from non-fossil fuels based energy resources. Also, to reduce the emission intensity of its GDP by 33 to 35 percent from the year 2005 level by the year 2030. The country is trying to achieve this height by implementing various schemes.

Solar Park Scheme, VGF Schemes, CPSU Scheme, Defense Scheme, Canal Bank & Canal Top scheme, Bundling Scheme, Grid-connected Solar Rooftop Scheme are some of the schemes.

Let's hope and wish India a Good-luck in achieving these heights. This will not just increase the economy of the country but will build a better sustainable future for future generations whilst fighting climate change.

Lastly, let's have a look at the Top Indian Solar Companies and Solar Group in India.

S.N

Top Solar Group in India

1.

Goldi Solar

2.

Waaree Energies

3.

Tata Power Solar

4.

ReNew Power

5.

Amplus Solar

6.

IndoSolar

7.

Vikram Solar

8.

Hindustan Power

9.

Orb Energy

10.

Azure Power

11.

Adani Renewables

12.

Aston-field Solar

13.

Sun Source Energy

14.

EMMVEE

15.

Jinko Solar