A solar installation company, environmentally conscious citizens, and stringent government regulations have propelled India to the forefront of solar energy. Solar power use has grown a lot in the last ten years, which is what has caused solar panel manufacturing companies in India to grow. Not only are these companies helping India become energy independent, but they are also having a big effect on the direction of green energy around the world.
It’s important to pick the right solar panel maker if you want to invest in solar solutions for home, business, or a big project. This blog post will talk about the top 10 solar panel manufacturing companies in India, where they work, the services they provide, and how they can help you get a good return on your investment (ROI).
Also Read – Essential Steps To Prepare Your Home For Solar Panel Installation
The Rise Of Solar Panel Manufacturing In India
Indian solar energy has quickly become the best in the world, thanks to important government programs:
- Jawaharlal Nehru National Solar Mission (JNNSM): Plans to get 100 GW of solar power.
- KUSUM Scheme: Encourages farms to make use of solar-powered pumps and solar plants that are distributed over the property.
- Subsidies for Rooftop Installations: Residential solar systems can get up to a 40% subsidy, which lowers the cost of going solar.
- PM Suryoday Yojna: Promotes solar adoption in urban and rural areas by subsidizing and funding solar panel installations. For details on maximizing savings with this scheme, see our blog.
“Maximizing Savings with Pradhan Mantri Suryoday Yojana”
India has become a significant player in the global solar market as a result of these initiatives, which have facilitated the development of solar panel manufacturing on both a local and international scale.
Top 10 Solar Panel Manufacturing Companies In India
Let us investigate the leading firms that are now dominating the solar market in India.
1. Tata Power Solar
In India, Tata Power Solar is a name that people believe and that means good quality. Tata Power Solar is one of the oldest and biggest companies that makes monocrystalline and polycrystalline solar panels. It offers a wide range of services, such as the production of solar modules, the installation of large-scale solar farms, and rooftop solar systems for both homes and businesses. The company’s panels are known for being very efficient and lasting a long time, which is good for users in the long run.
- Areas Covered: A footprint across the whole country, with a focus on both urban and rural areas.
- ROI: Excellent for both home and business use, with long-term returns that you can count on and guarantees that make it more cost-effective.
2. Vikram Solar
Vikram Solar is a well-known name around the world that offers a wide range of products and services, such as high-efficiency monocrystalline panels and bifacial modules of solar panels, and full EPC (Engineering, Procurement, and Construction) services. They work with big solar farms and businesses, but they also have options for people, too. Their panels are known for lasting a long time and working well in a wide range of situations.
- Areas Covered: All over India and in many foreign markets as well.
- ROI: Vikram Solar gives good long-term returns, especially for big projects, thanks to its high-quality products and quick service.
3. Waaree Energies
Waaree Energies is among the major manufacturers of solar photovoltaic systems in India, providing both monocrystalline and polycrystalline solar panels. They serve residential, commercial, and industrial sectors, emphasizing rooftop installations. Waaree is renowned for its extensive solar solutions, encompassing solar inverters and EPC services.
- Areas Covered: All over India, in places like homes in cities and villages in the countryside.
- ROI: Industrial users will get high returns because they know how to set up utility-scale systems, but home users can also expect strong returns over time.
4. Adani Solar
Adani Solar is an important player in India’s solar market, and they produce monocrystalline PERC (Passivated Emitter and Rear Cell) solar panels. It is a division of the Adani Group. The company not only makes solar panels that work very well, but they also offer full EPC services. Because of their cutting-edge factory, they are one of the biggest combined solar companies in the country.
- Areas Covered: All over the country, but mostly in big cities and industrial areas.
- ROI: Their low prices and high-efficiency panels make them great for business and large-scale projects.
Read This Also – Top 10 Solar PV Module Manufacturers in India 2024: Leading Brands, Prices, and Installation
5. RenewSys
The main thing that RenewSys does is make solar PV panels. It also makes other important parts, like back sheets and encapsulants. Some of the only ones of their kind in the Indian market, they sell both monocrystalline and polycrystalline solar panels. Their main goal is to give people reliable, high-quality things that can be used at home or at work.
- Areas Covered: Important Indian towns and markets around the world.
- ROI: Because they care a lot about sustainability, their goods save you money in the long run, which makes them a popular choice among people who care about the environment.
6. Saatvik Green Energy
Saatvik Green Energy has quickly grown to become one of the best solar panel makers in India, specializing in high-efficiency monocrystalline solar panels for rooftop installations. They focus on making high-efficiency panels for rooftop applications. Their main focus is on small-scale business and residential installations. Saatvik’s panels are known for their high-tech features and reliable performance, which makes them perfect for homes that want to lower their energy costs.
- Areas Covered: Mostly in North India, with hopes to grow across the whole country.
- ROI: Especially high for homes because the government gives them money and their panels are very efficient.
7. Loom Solar
Loom Solar has made a name for itself by providing cheap and effective monocrystalline and bi-facial solar panels for home installations. The average homeowner’s wants are taken into account when these panels are made. People can get solar energy more easily because Loom Solar offers complete solar options, such as installation and maintenance on rooftops.
- Areas Covered: All over the country, but mostly in small towns and rural places.
- ROI: Loom Solar’s price makes it a cost-effective household alternative with a faster payback period.
8. Emmvee Solar
Emmvee Solar is known for coming up with new ideas for both photovoltaic panels and solar water heaters. Emmvee offers high-quality solar options for both homes and businesses. A lot of their money goes into research and development. They also have options for solar water heaters, which makes them more appealing to people who live in their own homes.
- Areas Covered: India as a whole, with a strong presence in both urban and rural areas.
- ROI: A great choice for homeowners who want to save money over time by combining solar PV systems with solar water heaters.
9. Jakson Group
Jakson Group company is a star in the Indian solar market and is known for its many years of experience in both EPC services and being an Independent Power Producer (IPP). They manufacture monocrystalline and polycrystalline solar panels. Their main focus is on large-scale industrial installations, but they also have options for smaller businesses and home projects.
- Areas Covered: India as a whole, with big projects in both rural and urban places.
- ROI: Great for big projects because it pays for itself quickly and gives strong long-term profits.
10. Navitas Solar
Focussing on bringing electricity to rural areas, Navitas Solar is dedicated to bringing clean energy to rural and remote places. Their polycrystalline solar panels are made to last and are cheap. They are also made to work in harsh environments, which is why farmers and businesses in rural areas like them.
- Areas Covered: India is mostly rural, but they want to grow into emerging areas.
- ROI: Very high for rural places, with a strong focus on long-term sustainability and big savings on electricity bills.
Factors To Consider When Choosing A Solar Panel Manufacturer Company
Before picking a solar panel manufacturer, here are some things you should think about to make sure the switch to solar energy goes smoothly:
- Panel Efficiency: This tells you how much sunlight the panel can turn into power that you can use. More power is made when productivity goes up.
- Return on Investment (ROI): Solar is an investment for the long run. If the ROI is better, the installation costs will be recovered faster, and you will save more money in the long run.
- Geographical Reach: In some areas, some businesses may have been around longer than others. Make sure the business is located in your area and gives support in your area.
- Services Offered: For a hassle-free experience, you need full services like installation, help after the sale, and maintenance.
Read This Also – Expert Tips For Choosing The Best Commercial Solar Company For Industrial Solar Panel Installation
Om Solar Solutions: Solar Power Installation Company
Om Solar Solutions stands out as a reliable local company for people who want to buy solar panels. Om Solar is an industry leader in rooftop solar installations for both commercial and residential properties. They offer full services, from consultation to installation and upkeep. As an expert in residential solar solutions in Lucknow, Prayagraj, Varanasi, and Haryana, they create custom solar energy systems that guarantee a high return on investment.
- Coverage Area: Mostly in Uttar Pradesh and Haryana, and it includes both cities and places close to cities.
- Services Offered: Om Solar can do everything you need for your solar needs, from installing solar panels to doing upkeep and energy audits afterwards.
- ROI: With help from the government and well-tuned systems, homeowners can save a lot of money and get their money back quickly, usually in 5 to 7 years.
Conclusion
Several businesses, including Tata Power Solar, Vikram Solar, and Adani Solar, are at the forefront of the solar industry in India, which is seeing exceptional growth. In addition to other enterprises such as Waaree Energies and RenewSys, these companies are working to make solar energy accessible to both residential and commercial properties. In the states of Uttar Pradesh and Haryana, Om Solar Solutions provides a wonderful local choice for rooftop solar systems. This option guarantees both great efficiency and exceptional return on investment on your investment.
Investing in solar energy not only helps you save money on your monthly energy bills, but it also makes a contribution to a more sustainable and natural future.
Contact Us
Brand Name: Om Solar
Call/WhatsApp: +91-9919990945
Email: sales@omsolar.in
Website: www.omsolar.in
FAQs
- What factors should I consider before choosing a solar panel manufacturer?
- Take into consideration the effectiveness of the panel, its return on investment (ROI), its after-sales assistance, and whether or not the company is located in your region.
- How does solar panel efficiency affect ROI?
- Electrical panels with a higher efficiency create more electricity, which speeds up your return on investment by reducing the amount of money you spend on electricity.
- What makes rooftop solar installations a good investment?
- The payback period can be greatly shortened with subsidies, they give long-term savings, and they lower the amount of people who are dependent on the grid for their electricity.
- What are the benefits of choosing Om Solar for rooftop installations?
- The long-term savings are ensured by the local experience, individualized solutions, high-efficiency panels, and robust post-installation assistance.
- How long does it take to recover the investment from solar panel installation?
- Depending on the size of the system and how efficient it is, it can take anywhere from five to seven years for you to fully return your investment.