A solar PV (photovoltaic) module consists of solar cells that convert solar or photonic energy into electrical energy. This energy is measured in Watt-peak (Wp). It is also known as a solar module.

Solar PV panel manufacturers in India produce several types of solar panels. A few main types of solar panels are Monocrystalline, polycrystalline, and PERC (Passivated Emitter and Rear Cell/Contact).

Solar PV modules are used for various applications, such as:

• Large-scale utility systems (On-grid)

• Net metering solutions

• Residential systems (Off-grid)

• Rooftop residential and commercial systems (On-grid)

• Rural electrification

• Solar EV charging stations

• Solar farms

• Solar HLSs (Home Lighting Systems)                                                               

• Solar lanterns

• Solar pumps

• Solar street lights

• Solar traffic signals

• Solar water heaters

Several domestic manufacturers are contributing to transform the Indian solar industry, with latest performance-focused solar technologies towards a better future!

Continue reading to learn more about the top Indian solar energy companies.

Top Solar Panel Manufacturers in India [2025]

Here are India’s leading solar panel manufacturers list ranked based on total production capacity as of 31st March 2024.

Waaree Energies Ltd.

Waaree Energies Ltd. (Waaree) is the flagship company of the Waaree Group. As one of the largest new energy companies, it recorded an annual revenue of INR 3,897 crores (USD 46.76 million) as of 2023.

Apart from solar products, such as PV modules, solar bags, solar mobile chargers, and solar street lights, Waaree provides customized solar EPC solutions based on clients’ needs and energy consumption.

Waaree solar EPC services comprise the following:

• EPC Floating Solar

• EPC Ground Mount

• EPC Rooftop

• Ops & Maintenance

According to Waaree, it is “India’s largest solar panel manufacturer with a capacity of 12 GW” at its plants in Chikhli (Surat) and Umbergaon (Valsad) in Gujarat, India.

The company’s cutting-edge automated production facility manufactures monocrystalline and polycrystalline PV modules for national and global on-grid and off-grid applications.

Waaree’s solar module range includes:

• BIPV (Building Integrated Photovoltaic) solar panels (390-400 Wp)

• Bifacial AHNAY SERIES Bi-25-380 to Bi-68-665

• Mono PERC ARKA SERIES (315-400 Wp)

• Poly ADITYA SERIES (250-350 Wp)

Waaree solar modules are available in various configurations for permanent and semi-permanent installations with key features such as:

• Available in a variety of specifications

• Better heat dissipation

• Higher safety

Apart from the solar manufacturers listed above, other solar energy companies play a crucial role in solar PV panel manufacturing and solar power plant management. For instance, XL Energy Limited (XLE) is a leading solar module manufacturer. Likewise E2E (End-to-End) photovoltaic systems integrator, which plans, builds, operates, and owns large photovoltaic plants.

Loom Solar is another well-known company specializing in solar system products like solar panels, solar inverters, solar charge controllers, and solar tubular batteries. For example, Loom Solar’s Fusion 4024 is a solar management unit that makes a solar system generate more solar power than an ordinary charge controller. In 2024, Waree Solar secured an EPC contract of Acciona Energy to build a 412.5 MWp/335 MW solar PV project in Rajasthan.

On 26th February 2025, Waaree Energies announced it received an order from Aditya Birla Renewable Energy limited (ABREL) under which, Waaree will supply 410 MW advanced N-type TopCon, glass-to-glass bifacial solar modules. Each solar module is rated at 585 watts peak (Wp). The delivery is scheduled between May and September 2025. 

On 20th February 2025, Waaree Energies announced it secured an order of supplying solar modules with a total capacity of 362.5 MWp to Khaba Renewable Energy Pvt Ltd, a subsidiary of Engie India. This order was initially announced on February 19, 2025. The delivery is scheduled for delivery in the financial year 2025-26.

On 8th February 2025, Waaree Energies Ltd., one of the top mono perc solar panel manufacturers in India, officially commenced the production of a 1.4 GW Monocrystalline PERC solar cell production line in Chikhli, Gujarat.  This capacity is the first phase of one of India's largest solar cell manufacturing facilities, with a planned capacity of 5.4 GW. This capacity includes 4 GW of high-efficiency TOPCon solar cells which will be commissioned in the next phase.
 

On 12th December 2024, Waaree Energies Ltd. announced its partnership with IIT Bombay. Under this partnership, both companies will work on advanced fabrication and characterization setups for high-efficiency perovskite solar cells. 

On 2nd December 2024, Waaree Energies Ltd., one of the best solar companies in India, secured an order for 364 MWp and 160 MWp module supply from prominent renewable companies in India. The companies are undisclosed; under this contract, Waaree Energies will supply N Type Top Con Bifacial modules. The supply is scheduled in FY 2024-25 and FY 2025-26.

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Tata Power Solar Systems Limited

Formerly known as “Tata BP Solar,” Tata Power Solar Systems Limited/Tata Power Solar (also known as “TPSSL” and “TPS”) is a wholly-owned subsidiary of Tata Power Renewable Energy Limited (TPREL).

TPS was a joint venture between Tata Power and British Petroleum Solar (BP Solar). It is a pioneer in the solar space with various regional offices, authorized service centers, and a nationwide network of 1,000+ dealers and sub-dealers.

According to TPS, it is “India’s largest integrated solar company driven by a singular vision—harness the power of the sun to enable solar everywhere.”

TPS operates through three business segments:

• Solar module manufacturing

• EPC services for solar power projects

• Solar product innovation

TPS is a Tier-1 bankable module manufacturer known for its high-quality, efficient, and reliable solar modules. In addition, TPS continues to contribute significantly to the growth of the national economy by solarizing various industries—from banking and education to healthcare and manufacturing.

TPS undertakes distributed generation, rooftop, and utility-scale projects across the country. For example, TPS offers solar rooftop solutions for the following:

• Commercial and industrial establishments

• Homes and residential societies

• Large enterprises

• MSMEs (Micro, Small, and Medium Enterprises)

Furthermore, TPS provides a wide range of solar products for rural and urban markets, including home lighting, street lighting, and solar water pumps. Tata Solar Power has launched announced a 4.3 GW Solar Manufacturing facility in Tamil Nadu. Its newly launched initiative called "Ghar Ghar Solar '' under the PM Surya Ghar Yojana in Uttar Pradesh. Under this initiative, Tata Power will setup rooftop solar with bifacial panels for upto 10 Lakh homes in the state. Tata Power Solar generated an annual revenue of  INR 6,876 crores (USD 83.85 million) as of 2023.

On 14th April 2025, Tata Power Renewable Energy Limited (TPREL), subsidiary of Tata Power signed a PPA (Power Purchase Agreement) agreement with NTPC to develop 200 MW and Dispatchable Renewable Energy (FDRE) Project. This project is planned across multiple locations in India that will generate 1,300 MUs of electricity and is set to be completed within 24 months. With this project TPREL total renewable utility capacity has reached 10.9 GW. This includes 4.5 GW of solar and 1 GW wind energy is operational.

On 11th April 2025, TPREL signed a Power Delivery Agreement (PDA) with Fiat India Automobiles Pvt. Ltd. for a 12.62 MWp renewable energy project. This project is to be developed in Akola, Maharashtra that will generate 20.63 million units of clean energy in first year.

On 20th March 2025, Tata Power announced it has surpassed 1,50,000 rooftop solar installations across India and now has achieved a milestone of 3 GW in rooftop solar installations in India.

In February 2025, Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power Company Limited and Bank of Baroda signed a MoU (Memorandum of Understanding). Under this MoU, the two entities will provide affordable financing for customers under the Pradhan Mantri Surya Ghar Yojana (PMSGY). This collaboration ensures easier processing of collateral-free loans for rooftop solar installations for Indian households. 

Under this MoU, applicants can avail loans of up to INR 6 lakhs at an interest rate of 7% p.a. Both fixed and floating interest rate options are available with a repayment period of up to 10 years. For residential rooftop solar systems of 3kW capacity under the PM Surya Ghar Yojana can secure up to INR 2 lakhs without income documentation. 

On 3rd December 2024, Tata Power Renewables commissioned 431 DC Solar projects in Neemuch, Madhya Pradesh. This project featuresa  blend of single-axis solar tracker & bifacial modules. It also features 560 Wp and 565 Wp bifacial glass-to-glass modules that will offset 7,80,300 tonnes of CO2 annually. The solar energy produced from this project will be supplied to Western Central Railways & MP Power Management Co. Ltd.
 

On 13th November 2024, Tata Power Solar Systems Ltd. commissioned one of India’s Largest Floating Solar Projects in Omkareshwar, Madhya Pradesh. This project is built with a capacity of 126 MW with 213,460 bifacial glass-to-glass modules covering 260 hectares of water body area. This project will reduce approximately 173,893 tonnes of CO2 annually. To know the project cost and contractors involved contact us.

Adani Solar

Adani Solar is the solar PV manufacturing arm of the Adani Group—a leading integrated business conglomerate comprising 7 publicly traded companies.

According to an industry news source, Adani Solar is “India’s largest vertically integrated cell and module manufacturer.”

The source further states that Adani Solar has the unique distinction of winning the top performer rating in PV Evolution Labs’ (PVEL) PV Module Reliability Scorecard 2023 for six consecutive years, from 2018 to 2023, bypassing its PQP (Product Qualification Program) testing procedure.

Adani Solar manufactures high-efficiency mono PERC and bifacial PV modules at its fully automated, state-of-the-art manufacturing lines.

Adani Solar’s product portfolio includes:

Eternal – Mono PERC: The Eternal monofacial modules are ideal for large-scale and rooftop PV installations.

• Eternal – Pride Series 132 Cell

• Eternal – Shine Series 144 Cell

Elan – Bifacial: The Elan bifacial modules are known for the lowest LCOE and highest IRR.

• Elan – Pride Series 132 Cell

• Elan – Shine Series 144 Cell

Here are the key features of Adani Solar’s PV modules:

• Ability to withstand humidity, pressure, climates, and temperatures over 25 years

• Better reliability against microcracks

• Certified to withstand high snow and wind loads

• Excellent low-light irradiance performance and PID resistance

• Higher performance at longer wavelengths of light

• Higher power output 

• Higher specific energy yield due to superior cell and module engineering

• Least degradation for LID (Light-induced Degradation) and LETID (Light-and-Elevated Temperature-induced Degradation) with Ga (Gallium)-doped wafer

• Lower LCOE

• Reduced BOS

• Reduced installation, transport, and land area costs

• Resistant to ammonia, mist, sand, salt, and dust abrasion

• Superior temperature co-efficient and performance at NOCT (Nominal Operating Cell Temperature)

• Triple EL checking for defect-free modules

Adani Solar aims to achieve an operational renewable capacity of 45,000 MW by 2030. Several projects were developed by Adani Green Energy Limited (AGEL). In 2024, 1000 MW of the 30 GW Khavda Renewable Energy Park, one of the largest solar farms in India, is now operational. This 30 GW will be built over the next 5 years. As of 2023, an annual revenue of INR 4,975 crores (USD 59.70 million) was generated.

On 21st March 2025, AGEL commissioned its 250 MW solar plant in Rajasthan. It also commissioned a 250 MW solar project in  commissioned a 250 MW in Kadapa, Andhra Pradesh. 
 

On 3rd October 2024, Adani Solar one of the biggest solar manufacturers in India, announced it will reach an integrated PV cell and module production capacity of 10 GW by mid-2026. Currently, Adani solar has an integrated pv cell and module production capacity of 4 GW. This 4 GW includes 2 GW of mono PERC and 2 GW of TOPCon production capacity.

Also, it is estimated to reach 10 GW of metallurgical grade (MG) silica-polysilicon-ingot-wafer capacity by 2027-28. It will also expand its ancillary unit production (solar glass, aluminum frames, encapsulants, and backsheets) to 10 GW by 2027-28. Currently, it has an ingot-wafer capacity of 2 GW already operational.

On 17th September 2024, Adani Green Energy signed a 5 GW PPA (Power Purchase Agreement) for the Khavda PV Project.

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Saatvik Green Energy Pvt. Ltd.

Saatvik Green Energy Pvt. Ltd. (also known as “Saatvik” and “SGEPL”) is India’s leading solar module maker with one of the country’s largest solar PV manufacturing facilities.

Currently, Saatvik operates a 1.5 GW/annum facility in Haryana, India, with expansion planned for an additional 1.5 GW N-TOPCon Module manufacturing capacity through the launch of its new Greenfield project in Gandhidham, Gujarat.

Saatvik offers the following solar modules:

• Bifacial Half Cut 144 Cells – 530-545 Wp (ideal for ground-mounted and rooftop projects)

• Mono PERC Half Cut 144 Cells – 530-545 Wp (offer improved performance and durability compared to traditional solar cells)

• Mono Crystalline (Full Cell) 72 Cells –385-400 Wp (space-efficient solar panels with the highest efficiency rates)

• Poly Crystalline (Full Cell) 72 Cells – 325-335 Wp (cost-effective solar panels with a simple solar manufacturing process)

Here are the main product features of Saatvik solar modules used for residential, commercial, and utility applications:

• Double-stage EL-tested modules

• Easy to mount and ground

• Excellent power performance even at low irradiance

• Extended mechanical load (tested up to 5400 pascals)

• High module conversion efficiency

• High PID resistant

• Easier installation due to the IP67 junction box with extended cable lengths

• Linear power performance warranty (25 years)

On 23rd January 2025, Saatvik Green secured two solar EPC contracts totalling 23 MW from Himachal Pradesh Power Corporation Limited (HPPCL). This contract is part of the Lamlehri project and includes 11 MW solar plant at Lamlehri Upperli UNA and a 12 MW plant at Gondpur Bulla UNA. The company will supply N-TOPCon premium modules for the Gondpur plant and Mono PERC Solar PV modules Lamlehri project. This agreement also includes design, engineering, and construction of both projects.

On 9th January 2025, Saatvik Green signed a contract to supply 1 GW n-type TOPCon modules with a leading energy producer (name not disclosed by the company).These modules will be supplied from its Haryana manufacturing unit.

On 9th January 2025, Saatvik Green Energy Ltd secured a contract to supply 1 GW of solar PV modules worth INR 1,500 crores. Under this contract, Saatvik will supply n-type TOPCon solar PV modules, which will be used in the manufacturing unit in Ambala, Haryana. Saatvik Green will also commission a 3 GW PV Cell line by December 2025 and aims to expand its existing 3.8 GW capacity to 7.8 GW.

On 16th October 2024, Saatvik Green Energy was awarded a contract by Maharashtra State Power Generation Company Limited (MAHAGENCO) to supply 200 MW of solar modules across different locations. This project, awarded at a cost of INR 3.02 billion, will feature 580 Wp of N-TOPCon photovoltaic modules.
 

On 23rd August 2024, Saatvik Green Energy Pvt. Ltd. and Bhasu Energy Systems signed a partnership to promote and distribute solar PV modules across Andhra Pradesh and Telangana.

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Vikram Solar Ltd.

Founded by Gyanesh Chaudhary, Vikram Solar Ltd. is one of India’s largest solar module manufacturers with a strong presence in both national and international markets.

Vikram Solar provides solar modules for commercial & industrial, residential, and utility-scale applications.

Vikram Solar’s solar module portfolio includes:

Somera (Monofacial multi busbar PV modules) – 345-665 W

• Somera 345-375 W 120 Cell

• Somera 380-410 W 108 Cell

• Somera 410-435 W 120 Cell

• Somera 435-465 W 144 Cell

• Somera 535-560 W 144 Cell

• Somera 580-610 W 120 Cell

Paradea (Bifacial glass-glass multi busbar PV modules) – 420-660 W

• Paradea 635-670 W 132 Cell

• Paradea 580-605 W 120 Cell

• Paradea 525-550 W 144 Cell

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Prexos (Bifacial glass to transparent back sheet multi busbar PV modules) – 340-550 W

• Prexos 340-375 W 120 Cell

• Prexos 380-410 W 108 Cell

• Prexos 420-450 W 120 Cell

• Prexos 525-550 W 144 Cell

Eldora (Polycrystalline PV modules) – 315-350 W

• Eldora up to 340 W 72 Cell

• Eldora up to 345 W 72 Cell

• Eldora up to 350 W 144 Cell

Solivo (Smart PV modules with Smart Ready & Rapid Shutdown features) – 365-385 W

• Applicable for rooftop projects with various roofing materials like asphalt shingle, clay tile, metal, and slate.

• Best suited for geographic locations with heavy snowfall, such as the EU and the U.S.

Here are the key features of Vikram Solar PV modules:

• A higher number of busbars (makes the PV modules more efficient and tolerant to micro-cracks)

• Anti-staining performance (reduces cleaning frequency and water usage)

• Better field reliability due to multiple cell contact points

• Cylindrical tabbing wire (reduces shadow on the cell-active area)

• Excellent low-light performance

• Hassle-free installation due to lightweight modules

• Lower cell-to-module conversion loss

• Lower heat production (increases module longevity)

• Lower internal resistance

• Lower LCOE

• Remote monitoring (makes O&M easier)

On 17th February 2025, Vikram Solar announced it increased its manufacturing capacity with a 1 GW. This includes expansion of its Falta facility in West Bengal, manufacturing lines in the facility at Oragadam in Chennai, Tamil Nadu. This expansion will allow company to manufacture more efficient technology modules, including TOPCON and HJT.

On 30th January 2025, Vikram Solar announced it increased its manufacturing capacity with 1 GW through its Falta facility in West Bengal.  
 

On 17th January 2025, Vikram Solar secured a 1 GW PV module supply order. Under this contract, Vikram Solar will supply its Hypersol n-Type TOPCON glass-to-glass modules (rated 580 Wp and above) to JSW Neo Energy projects across states in Karnataka, Gujarat, and Rajasthan. These PV modules will be manufactured at Vikram Solar's Falta facility in West Bengal and Oragadam in Chennai.

Vikram Solar was recently awarded the order to supply 393.9 MWP solar modules for MLC India's Solar project in Gujarat. As per the contract signed, Vikram Solar will supply a total PV Module of over 1 GW to Khavda Solar Park.

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Premier Energies Limited

Premier Energies Limited is a well-established solar module manufacturer in India reported to have “the first LEED (Leadership in Energy and Environmental Design) Gold-rated solar cell and module manufacturing facility in India.”

Premier Energies uses M10 Gallium-doped wafer to ensure superior module efficiency and ARC-coated, high-transmission glass to improve energy yield.

Premier Energies’ solar module portfolio includes:

P-Type, Monofacial Module M-10 HC (Mono PERC module)

• 144-cell module (515-555 W)

• 132-cell module (475-515 W)

• 120-cell module (425-460 W)

• 108-cell module (385-415 W)

P-Type, Bifacial Transparent Back Sheet Module M-10 HC (Mono PERC module)

• 144 TOPCon module (560-590 W)

• 144-cell module (530-560 W)

• 132-cell module (485-515 W)

• 120-cell module (435-460 W)

• 108-cell module (385-415 W)

P-Type, Bifacial Dual Glass Module M-10 & G-12 HC (Mono PERC module)

Power Output (M10)

• 144 TOPCon module (560-590 W)

• 144-cell module (530-560 W)

• 132-cell module (485-515 W)

• 120-cell module (435-460 W)

• 108-cell module (385-415 W)

Power Output (G12)

• 132-cell module (640-670 W)

• 120-cell module (585-610 W)

• 108-cell module (520-550 W)

Premier Energies solar modules are ideal for residential, commercial, off-grid, and utility applications.

Here are the core features of the solar modules:

• Better module power output and reliability with SMBB (Super Multi BusBar) technology

• Enhanced mechanical load (certified to withstand snow and wind loads)

• Excellent anti-PID resistance

• Higher IRR (Internal Rate of Return)

• Induction-based improved soldering quality of modules

• Lower LCOE

In February 2025, Premier Energies Ltd. announced that its subsidiary, Premier Energies Photovoltaic Pvt. Ltd., secured solar pv module orders worth INR 1,234 crore from existing domestic customers. The complete details are undisclosed however, the delivery is scheduled in April 2025.

On 3rd February 2025, Premier Energies announced its plans to hold to build a 1 GW solar cell manufacturing facility in the US due to the halt on green energy policies under Inflation Reduction Act (IRA) by recently elected President Donald Trump. 

On 14th December 2024, Premier Energies announced its plans to build a 1 GW Solar Photovoltaic TOPCon Module manufacturing facility. This facility is planned at EMC Maheeshwaram, Telangana, on leasehold land owned by Telangana Industrial Infrastructure Corporation (TGIIC). This project is scheduled for completion by March 2025.
 

Premier Energies Limited secured a 350 MW solar module project in July 2024. This project will be built in Rajasthan. Under this project, Premier Energies will supply the solar modules to Apraava Energy.

On 9th January 2024, Premier Energies Limited received an order of INR 1700 crores (USD ) to supply 608 MW bifacial solar pv modules for the NTPC'S Nokh solar pv project in Rajasthan.

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Emmvee Photovoltaic Power Private Limited

Emmvee Photovoltaic Power Private Limited (also known as “Emmvee”) is a trusted name in the solar energy industry known for manufacturing high-performance PV modules and systems, solar water heaters, and other industrial products. In addition, Emmvee has expertise in developing large-scale projects and EPC in Europe and India.

Emmvee has a successful track record of installing and commissioning solar PV projects in Germany and India and has active sales offices in both countries.

Emmvee’s PV module portfolio includes:

Bi-facial modules (450 Wp and 545 Wp): The bi-facial PV modules are made from toughened solar glass and half-cut cells to ensure maximum durability and the highest electricity output possible.

Monofacial Modules: The monofacial modules deliver high efficiency and savings while maintaining the aesthetic appeal of the panels. These PV manufacturing are usually in 120 and 144 half-cut cell varieties. Additionally, they are corrosion-resistant frames for increased durability.

Polycrystalline Modules: These modules are designed to have strong performance under high-temperature conditions and low degradation low-light conditions. Suitable for large electrical power requirements, these PV modules are ideal for both on-grid and off-grid solar projects.

Here are the main features of Emmvee PV modules:

• A transparent back sheet for higher electricity generation

• Corrosion resistance

• Designed to withstand extremely harsh weather conditions—from excessive humidity, hailstones, and wind to sand and snow

• Easy installation

• High module conversion efficiency

• Improved PID resistance

• Improved structural integrity

• Industry-leading warranty

• Inverter compatibility

• Manufactured with the highest quality raw materials

• Reduced LCOE

• Up to 30% more electricity output with reflected light

In February 2025, Emmvee Energy announced its investment plans of INR 15,000 crore to establish a solar manufacturing plant in Karnataka. The initial phase involves an investment of INR 5,000 crore to set up a facility with a 5 GW power generation capacity. Emmvee has requested 120 acres of land in Bengaluru IT Investment Region for the project.

Emmvee Photovoltaic Power Pvt Ltd signed a supply agreement to deliver 300 MWp of Bifacial MonoPERC Solar panels to KPI Green Energy Ltd in Gujarat. This is part of the 240 MW solar plant.

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Goldi Solar Pvt. Ltd.

Founded by Ishver Dholakiya and Bharat Bhut, Goldi Solar Pvt. Ltd. (also known as “Goldi”) is a leading Indian solar PV module manufacturing company providing high-end PV modules at competitive prices.

With exports to 20+ countries globally and 10,000+ projects in rooftop, pump, and telecom, Goldi Solar is one of India’s most notable solar brands known for quality products and technical innovation.

Goldi Solar offers monocrystalline and polycrystalline modules for agricultural, commercial, industrial, residential, and utility applications.

Let’s look at Goldi Solar’s products and their features:

Solar Panels

HELOC PRO (mono-facial and bi-facial modules): The Heloc?® Pro solar panels generate maximum power in minimum space and are available in premium black and silver frame options in four variants:

• All Black

• Glass to Glass

• Transparent

• White

Heloc?® Pro Series

• Heloc?® Pro 156 Cells (White Backsheet) – 580-600 Wp

• Heloc?® Pro 144 Cells (Glass to Glass) – 525-560 Wp

• Heloc?® Pro 144 Cells (Transparent Backsheet) – 525-560 Wp

HELOC PLUS (710 Wp N-Type solar panel): The Heloc?® Plus series features a 132-cell heterojunction bi-facial half-cut cell module that uses the N-type silicon wafer and non-destructive pre-cut technology.

*The name “HELOC” stands for High Efficiency Low on Carbon.

Key Product Features

• Advanced glass and cell surface textured design (ensures high performance in a low-light environment)

• Excellent anti-PID performance

• Higher module conversion efficiency

• Innovative frame support design for improved support

• Lower LCOE (Levelized Cost of Energy/Electricity)

• Reduced BOS (Balance of System)

In March 2025, Goldi Solar inaugurated its AI powered solar module manufacturing line in Kosamba, Surat, Gujarat. This facility can achieve a production capacity of 10,000 cells per hour. Other features include AI-powered AOI systems for real time quality checks, auto EVA laying robot for the placement of encapsulation layers and many more. 

Goldi Solar plans to expand its cell manufacturing capacity to 5 GW and module manufacturing capacity to 6 GW by 2025.

Goldi Solar is a leader in Indian solar industry, and continues to capture the global export market as a major OEM supplier catering to several international brands in countries like Germany, Greece, France, UAE, and the U.S.

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RenewSys India Pvt. Ltd.

RenewSys India Pvt. Ltd. (RenewSys) is the renewable energy arm of the ENPEE Group—a transnational conglomerate operating across diverse industry sectors, including Chemicals, Construction, Energy, FMCG, and Packaging.

As a top-rated PV module supplier, RenewSys occupies a key position in the Indian solar industry and is one of the top renewable energy company in India.

RenewSys DESERV® solar modules are processed on advanced production lines and designed to maximize power output even in extreme environmental conditions.

In addition, all PV modules only use RenewSys’ in-house manufactured Encapsulants CONSERV and Backsheets PRESERV.

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RenewSys offers the following high-efficiency PV modules in cut-cell and full-cell configurations:

DESERV SGALACTIC (Mono PERC – 430-590 Wp)

• DESERV SGALACTIC (156 Cut Cells)

• DESERV SGALACTIC (144 Cut Cells)

• DESERV SGALACTIC (120 Cut Cells)

DESERV EXTREME (Mono PERC | Bi-Facial – 430-590 Wp)

• DESERV EXTREME (156 Cut Cells)

• DESERV EXTREME (144 Cut Cells)

• DESERV EXTREME (120 Cut Cells)

DESERV MONO (Mono/Mono PERC – 315-400 Wp)

• DESERV MONO G1 (60 & 72 Cell Matrix)

• DESERV MONO M2 (60 & 72 Cell Matrix)

DESERV MULTI (Multi/Multi PERC – 260-345 Wp)

• DESERV MULTI G1 (260-345 Wp)

• DESERV MULTI M2 (260-340 Wp)

• DESERV MULTI 36 Cell (140-155 Wp)

• DESERV MULTI Small Modules (40-125 Wp)

On 24th January 2025, the Ministry of New and Renewable Energy has provisionally enlisted additional solar PV models that were submitted by ReNew Photovoltaics Private Limited, Renewsys India Private Limited and ORB Energy in may, 2023. 

The provisional enlistments include approval of one additional solar PV model for ReNew Photovoltaics Private Limited, and a solar PV model with a capacity of 1,060 MW per year for Renewsys India Private Limited.

On 4th October 2024, Jinchen and RenewSys India signed a Phase 2 agreement to build a 1.8 GW Pertop Solar Cell Line and a 1 GW Solar Module Line. The details of the project are yet to be disclosed.

Made from the highest quality raw material, the reliable and versatile RenewSys solar modules are suitable for a variety of on-grid and off-grid applications—from small lighting systems to utility-scale power plants. RenewSys India Pvt Ltd announced several PV modules and PV cell manufacturing plants across Telangana worth INR 6000 Crores (USD 731.71 Million). A MoU (Memorandum of Understanding) was signed in February 2024 to set up two new lines of 1 GW each. One line with an investment of INR 500 Crores in FY 24 and one 1 GW with an investment of INR 1250 Crores in FY25.

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Navitas Green Solutions Pvt. Ltd.

Navitas Green Solutions Pvt. Ltd. (also known as “Navitas Solar”) is one of the largest PV module manufacturers in India offering the following products and services:

• EVA Sheets

• Solar EPC

• Solar Panels

• Solar RESCO

Navitas Solar provides monocrystalline and multi-crystalline solar modules, which ensure the best value for money with outstanding performance and reliability. These modules are ideal for large-scale and rooftop installations, among others.

Let’s take a look at Navitas Solar’s offerings:

Bonito Series (Mono PERC Half Cut Module)

• Bonito Pro (144 Cell/9 BB)

• Bonito Pro (156 Cell/9 BB)

• Bonito Max (144 Cell/10 BB)

• Bonito Max (156 Cell/10 BB)

Navisol Series (Crystalline PERC Module)

• Navisol Series (60 Cell/5 BB – Multi-Crystalline Module)

• Navisol Series (72 Cell/5 BB – Multi-Crystalline Module)

• Navisol Series (72 Cell/5 BB – Mono Crystalline PERC Module)

Anora Series (Multi-Crystalline Module)

Anora Series (Cell variants – 36 | 48 | 54 | 72)

Here are the key features of Navitas Solar PV modules:

• 100% EL tested (before and after lamination)

• Better shading tolerance

• Excellent module efficiency and temperature performance

• Exceptional glass efficiency with AR (Anti-Reflective) coating

• Improved low-light performance

• Lower LCOE and system cost

• Non-destructive cutting

• Performance warranty (25 years*)

• PID resistance (heat, humidity, and voltage safe)

• Positive power tolerance

• Product warranty (10 years*)

*Warranty applicable as per standard warranty terms*

In March 2025, Solarium Green Energy entered into two MoU's (Memoranda of Understanding) with Navitas and Citizen Solar. Under the MoU, Solarium Green Energy will secure 78.40 MW solar panels for its future projects. Citizen Solar will supply 53.50 MW solar panels between March and September 2025 and Navitas will supply 24.70 MW by December 2025.  

On 15th October 2024, Navitas Solar announced setting up a state-of-the-art manufacturing facility with an initial capacity of 1.5 GW that will be expanded to 10 GW by 2025.

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AXITEC Energy India Pvt. Ltd.

AXITEC Energy India Pvt. Ltd. is a wholly owned subsidiary of AXITEC Energy GmbH & Co. KG (AXITEC)—one of the most established global manufacturers of energy storage systems, EV chargers, and solar modules.

AXITEC solar modules have been installed in 89 countries. The company has extensive experience in managing the complete process chain—from development, manufacturing, and quality assurance to sales and service.

The German brand AXITEC is synonymous with high-performance solar modules, including:

AXIpremium HC 370-555 Wp (Monocrystalline solar modules): Due to a lower cell resistance, these solar modules deliver better performance than full-cell solar modules.

• AXIpremium XXL HC BLK (108 half-cell – 400-415 Wp)

• AXIpremium XL HC (120 half-cell – 360-380 Wp)

• AXIpremium XXL HC (144 half-cell – 530-555 Wp)

AXIblackpremium/AXIblackperfect 400-425 Wp: These solar modules match the black exterior design with high power output.

• AXIblackpremium XXL HC (108 half-cell monocrystalline solar module – 400-410 Wp)

• AXIblackperfect FXXL (108 half-cell N-Type TOPCon solar module – 400-425 Wp)

AXIperfect 415-430 Wp: This solar module is suitable for home and business applications.

• AXIperfect FXXL WB (108 half-cell monocrystalline TOPCon solar module – 415-430 Wp)

AXI(bi)protect HC 390-415 Wp: These glass-glass solar modules with monocrystalline (bifacial) half-cut cells are especially suitable for extreme climatic conditions.

• AXIprotect XXL HC MB (108 half-cell glass/glass monocrystalline solar module – 390-400 Wp)

• AXIbiprotect XXL HC BLK (108 half-cell glass/glass bifacial monocrystalline solar module – 390-415 Wp)

AXIbipremium HC 560-670 Wp: This bifacial solar module is ideal for ground-mounted and tracker installations.

• AXIbipremium XQ HC MT (132 half-cell bifacial monocrystalline solar module – 650-670 Wp)

On 1st April 2025, AXITEC Energy India secured Approved List of Models and Manufacturers (ALMM) by the Ministry of New and Renewable Energy (MNRE), Government of India for its 18 MW/ year for five models of mono c-Si PERC modules with outputs ranging from 405 Wp to 580 Wp. These modules will be manufactured in latest facility in Tiruvallur, Tamil Nadu that has a production capacity of 300 MW.   
 

On 12th August 2024, AXITEC Energy India inaugurated a solar PV module manufacturing plant in  Tiruvallur, Tamil Nadu, with a production capacity of 300 MW. This plant will manufacture DCR and NDCR solar modules using NType TOPCon technology. Further, AXITEC Energy plans to double its capacity to meet the increasing market demands.

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Jakson Solar

Jakson Solar (also known as “Jakson”) is one of India’s best-known solar module companies. Jakson Solar is part of the renowned Jakson Group—a diversified energy and infrastructure company specializing in the fields of Distributed Energy, EPC, New Energies, and Solar.

As India's biggest solar panel manufacturers, Jakson has a strong IPP (Independent Power Producer) portfolio with a proven track record in EPC and the commissioning of high-performance solar energy projects.

Jakson’s solar product portfolio comprises the following:

• Module-mounting structures

• Solar panels

• Solar power packs (hybrid, on-grid, and off-grid)

Jakson manufactures full-cell and half-cut solar modules, which are ALMM (Approved List Module Manufacturers) certified and backed by a robust R&D, testing, and quality control process.

Jakson’s solar module portfolio includes:

• New Helia Series Monofacial Half Cell (440-600 Wp | Available in 120, 132, 144, and 156 half-cut cell configurations)

• New Helia Series Bifacial Half Cell (440-600 Wp | Available in 120, 132, 144, and 156 half-cut cell configurations))

• Polycrystalline Solar PV Modules (315-335 Wp| 72 Cells)

Here are the main features of Jakson solar modules:

• 100% EL-tested for defect-free products

• Best-in-class power output

• Better high-temperature performance due to improved temperature coefficient

• Excellent durability and low-light performance

• High efficiency

• Low LID degradation

• Outstanding anti-PID performance

• Positive power tolerance

• Reduced loss during shading effect

• Reduced resistive loss

On 24th February 2025, Jakson solar supplied 100 MW solar modules for Gujarat Industries Power Co. Ltd's 2,375 MW solar park. It has delivered 190,000 high-efficiency bifacial panels for the project.
 

On 30th January 2025, Jackson Green and Blueleaf Energy announced their collaboration for developing 1 GW solar projects in Rajasthan with an investment of INR 3,400 crores. These projects include Intra State Transmission (InSTS) and Inter-State Transmission System (ISTS) projects with a 25-year PPA (power purchase agreement).

On 12th December 2024, Jakson Green and Desolenator, a Dutch Solar Desalination Company, announced their partnership for the deployment of solar-based desalination in India. Under this partnership, Jakson Green will manufacture and support sales in India. It will also provide solar technology to Desolenator that will be used to purify seawater and brackish water.

On 3rd October 2024, Jakson Solar launched "Helia NXT R" a new solar PV technology that can increase module efficiency by up upto 23.34%, using the rectangular 116 BB N-type TOPCON solar cells. Additionally, this technology delivers maximum power output ranging from 610 Wp to 630 Wp. 

On 4th September 2024, Jakson Solar announced its plans to invest INR 2000 crores (USD) for setting up a 2500 MW solar cell manufacturing facility. This facility will be built in two phases. Stay updated about this project by subscribing to our solar pv projects database in India.

Jakson Green signed a contract with NHPC Ltd (National Hydroelectric Power Corporation) to deliver 400 MW solar power. This is one of the largest solar projects built by Jakson Green in Rajasthan. It is likely to be commissioned in 24 months.

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Pixon Energy Ltd.

Pixon Energy Ltd. (PIXON) is a well-established name in solar module manufacturing. PIXON offers a premium range of solar modules engineered with European technology. PIXON’s advanced modules—M6, M10, and M12—provide greater efficiency and power output.

PIXON also provides EVA film—a vital component of solar panels. The company’s 1 GW clean room environment facility ensures the EVA film is free from contaminants and other impurities, as these can affect solar panel quality and performance.

PIXON’s solar module portfolio includes:

Poly Crystalline Solar Modules

• Poly Crystalline PV Modules

• Poly Crystalline DCR PV Modules

• Poly Crystalline Half-Cut Cell PV Modules

Mono-Crystalline Modules

• Mono-Crystalline PERC PV Modules

• Mono-Crystalline PERC Half-Cut Cell PV Modules

Here are the significant features of PIXON solar modules:

• Competitive price

• Excellent resistance to an alkali environment, high humidity, and high temperature, as well as heavy wind and snow loads

• Glass with anti-reflective coating for better light transmission

• Highly reliable

• Improved performance even at low irradiation

• PID-resistant
   

In January 2024, Pixon Energy Ltd. signed an MoU with the state government to build a 1 GW solar module manufacturing plant with an investment cost of USD 123 million in Surat, Gujarat. 

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Insolation Energy Ltd.

Insolation Energy Ltd. (INA) is a major solar energy provider with a diverse solar product portfolio. INA manufactures A-grade quality solar PV modules conforming to all domestic and international standards at its fully automatic, state-of-the-art solar panel manufacturing unit.

With a track record of delivering 500+ projects, INA has positively impacted the growth of commercial, residential, industrial, and off-grid segments of the solar business in India. As of the 2023 annual report, INR 259.30 crores (USD 31.62 million) was generated.

INA’s product portfolio includes:

• Solar PV module

• Solar PCU (Power Conditioning Unit)

• Solar Battery

• Solar Charge Controller

INA’s solar modules are designed for improved efficiency, easy handling, and efficient shipping. In addition to designing and delivering solar panels for residential and commercial spaces, INA provides other solar energy solutions like high-performance solar batteries and solar PCUs to augment power capacity with optimum storage. In 2023, INA was the first solar company in the nation to be listed on BSE stock exchange. During this course, it completed projects with BSNL and Jal Jeewan Mission. The Solar module capacity in 2023 reached to 250 MW.  In 2024, the company is likely to achieve a target of 1000 MW solar module capacity with 70% being the average capacity.

INA manufactures solar PV modules with the following specifications:

Product Range

• 545 Wp Half Cut Mono Perc

• 400 Wp Mono Perc

• 335 Wp Poly

Key Technical Specifications

• 100% EL tested (pre- and post-lamination)

• All-weather load-resistant and UV anti-glare-resistant glass

• Improved low-light irradiation performance

• Linear performance warranty (25 years)

• PID-free modules

• Superior quality raw material

• Unique frame design with high mechanical strength

On 19th March 2025, Insolation Energy, its subsidiary Insolation Green Energy announced it bagged two major orders worth INR 733.04 crore from KPI Green Energy. The first order involves supply of Solar PV module N type Bi-Facial (G TO G) for KPI's project at GUVNL. the delivery is valued at INR 513.13 crores and delivery is scheduled between June 2025 and March 2026.

The second order includes supply of Solar PV Module N Type Bi-Facial (G to G) for KPI Green Energy's project at GUVNL Phase-2. The order is valued at INR 219.91 crores including GST and delivery is scheduled between June 2025 and March 2026. 
 

In September 2024, Insolation Energy Ltd (INA Solar) performed a groundbreaking ceremony for its new solar PV module manufacturing facility in Jaipur, designed and planned in 109,00 square meters to produce 3 GW of n-type TOPCon solar panels annually. This plant will also include an aluminum frame plant with a capacity of 12,000 metric tons per year. It is being built at an estimated cost of INR 400 crores.

On 14th September 2024, Insolation Energy Ltd announced its investment of INR 400 crores (USD) for a 3GW PV module facility and a 12000 MTA (Metric tonnes Annum) aluminum production plant in Jaipur. Get the latest details about this project by subscribing to our solar pv projects database in India. 

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Sova Solar Ltd.

Previously known as “Sova Power Limited,” Sova Solar Ltd. (also known as “Sova”) is one of India’s leading PV module manufacturers. Sova’s cost-effective and high-temperature-tolerant products have been well-received in the industry, with the company being a registered vendor to reputed clients like BHEL, NTPC, and SAIL.

The company has a fully automated production unit and technical collaboration with IIT-Kharagpur, India.

According to Sova Solar, it is “the first in India to install teamtechnik, Germany (a global leader in assembly and functional test systems), on its production floor for higher throughput.”

Sova Solar provides grid-tied/on-grid solar PV modules, including:

Cut Cells

• SS130P – 36

• SS250P – 72

Full Cells

• SS160P – 36

• SS210P – 48

• SS235P – 54

• SS265P – 60

• SS290P – 66

• SS320P – 72

• SS345M – 72

Here are the key features of Sova Solar PV modules, which come with pre-drilled frames for easy mounting:

• 100% EL (Electroluminescence) Tested

• First FSI (Flame Spread Index)-tested modules in India

• High performance with an excellent power output

• Linear power guarantee (25 years)

• PID (Potential-Induced Degradation)-resistant

On 19th February 2025, Sova Solar announced ground-breaking for a 1.2 GW solar cell manufacturing plant at Angul Aluminium Park. This project is planned in line with Odisha's green energy goals.

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Other Notable Solar PV Panel Manufacturers

• JA Solar

• Canadian Solar Inc

• Trina Solar Co Ltd

• Jinko Solar

• Silfab Solar

• Lg Solar

• Longi Solar

• Sunpower Corporation

• CSI Solar

• Bluebird Solar

• Rayzon Solar

These solar companies are known for advanced solar technology in solar inverter,  solar wafers, silicon wafers, solar installer, silicon cells, solar pv panels, solar equipment, solar array in solar pv plants and solar farms. Thus, in line with the mission solar.

Also Read: Top 10 List of Solar PV Module Manufacturers in 2024

Wrapping Up

The renewable energy industry in India is on a growth trajectory. The reason for the same can be attributed to government push-through incentives, the emergence of private players, and investment inflows from foreign entities.

While the renewable energy sectors in total have seen growth, it is noteworthy to mention the rise of the solar industry in India, so much so that the country boasts of having some of the largest solar parks in the world.

While the undercurrent of the industry remains strong and optimistic, a few factors need to be worked upon. This includes the reliance onthe  import of essential components and the competitiveness of the industry with the fossil-based energy segment.

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