Are you searching for a best solar panel in India? Discover the top 10 leading solar companies in 2023.

solar panel in india

Between 2022 and 2026, solar energy is expected to grow by $240 billion at a CAGR of 35.24%, providing significant business opportunities for the best solar panel companies in India.

According to the International Renewable Energy Agency (IRENA), India has recorded a YOY growth of 11% in installed solar capacity in 2020. Owing to the increasing solar potential, India is witnessing a spurt in FDI inflows.

The key factors driving solar power are-

  • Improved efficiency over fossil-fuels based power solutions
  • Increasing investments in Renewable Energy
  • Declining costs of solar energy sources
  • Target to significantly reduce carbon footprint to achieve India’s ambitious goal of net zero by 2070.

However, a few factors, such as high installation costs and expensive energy storage, as well as inadequate space, act as roadblocks to a smooth transition. The popularity of the best solar panels in India is growing on the back of rising tax breaks and shrinking break-even points.

Now that you’ve decided to save money on your energy bills, we’re here to help you make your decision easier. After extensive research, we have identified the 10 best solar panels in India for you to enjoy reading while sipping your coffee.

Tata Solar Panels

Tata Power, through over 30 years of experience, provides affordable solar solutions across India. Tata Solar Company’s services, with a commitment to smarter and greener homes, include:

  • Superior quality assurance with no safety compromises
  • Engineering technology of the highest caliber
  • Prompt after-sales support with lifetime services through a nationwide network
  • Solar arrays capable of withstanding windy conditions
  • The first solar power system with an integrated Network Operating System (NOC) center that allows for remote monitoring of solar rooftop systems.

Tata solar panel prices in India range between Rs. 28 and Rs. 40 per watt, depending on your power usage, O&M costs, installation area, and other factors.

Adani Solar Panels

Adani Solar is accredited to be the first and largest vertically integrated solar company in India. The company offers-

  • Highly efficient and reliable Mono-PERC and Bifacial Modules
  • Ensures crack-free solar panel modules through 3 step EL manufacturing process
  • Can tolerate adverse climate conditions, high temperatures, and pressures
  • Resistant to salt, mist, ammonia, sand, and dust abrasion

    Adani solar panel price in India starts from Rs. 20-30 per watt and depends on location and project size.

Vikram Solar Panels

Vikram Solar Panels are the second largest manufacturer of the best solar panels in India based on revenue specializing in PV panels and EPC solutions. Services include-

  • All products undergo rigorous testing such as PID tests, Heat tests, and Dump tests to ensure durable products of the most superior quality.
  • Offer a performance warranty of 27 years which is 2 years more than the industry standards
  • Extensive range of solar products including high-efficiency PERC, mono, and Polycrystalline cells
  • End-to-end solar solutions with aesthetically appealing designs

Vikram solar price in India ranges from Rs. 24 to 29 per watt approximately.

Havells Solar Panels

Havells with an experience of more than 50 years provides state-of-the-art solar rooftop on-grid and off-grid solutions. Salient Offerings of the company include-

  • Solar Panel module warranty of 10 years with a performance guarantee of 25 years.
  • High output due to positive power tolerance and extremely reliable in all weather conditions.
  • High-quality Solar panels are IEC 61215, 61730, and 61701 certified
  • Long-lasting due to anti-reflective coated glass.

Havells Solar panel’s price in India ranges from Rs. 30 – 48 per watt.

Waree Solar Panels

Waree Solar company, founded in 1989, offers a full range of highly efficient yet cheap solar panels in India. As one of the fastest-growing solar companies, it offers

  • BIPV (Building Integrated Photovoltaics) system integrated solar panel modules blend well with the architecture to make it visually appealing
  • Reduces structure’s energy consumption by utilizing solar energy and reducing HVAC loads.
  • The high average panel conversion efficiency of 20% enables a higher generation of solar power.
  • India’s first company to have an in-house NABL lab facility enabling better R&D

The price of Waree solar panels ranges from Rs. 24- 30 per watt.

Livguard Solar Panels

Livguard Solar is one of the leading manufacturers of the best solar panels in India, specializing in providing customized solar solutions to meet your specific requirements. It offers-

  • Top-notch quality solar panels with a performance warranty of 25 years
  • With positive power tolerance, it ensures high energy harvesting and better return on your investment
  • With high-quality transparent glass, it offers excellent performance in low-light conditions
  • Tempered glass on the solar panel makes it resilient to extreme weather conditions including dynamic winds and snowfall.

RenewSys Solar Panels

Renewsys designs solar panel modules to generate maximum power output while withstanding harsh environmental conditions. The company has made a distinct mark in providing transparent and reliable solar solutions.

  • Solar products have been approved by major industry certifying bodies.
  • Quality and high performance were ensured by Global Reinsurance.
  • Quality testing facility in-house based on IECX3 standards.
  • Provides a wide range of Mono PERC, Bi-facial PERC, and half-cut Mono
  • Crystalline PV modules made with cutting-edge technology.

Goldi Green Solar Panels

Goldi Green, with a manufacturing capacity of 2.5 GW qualifies in the list of best solar panel companies in India. This company with 11 years of industry experience, has an international presence in more than 20 countries and offers-

  • To ensure better performance, advanced glass and cell surfaces with textured surfaces are used.
  • To prevent current losses, advanced circuit design with multi-busbar technology is used.
  • Traditional solar panels generate 7.5% more energy per square meter.
  • Lower LCOE and BOS mean a shorter payback period.

Premier Energies Solar Panels

Premier Energies is the largest integrated manufacturer of the best solar panels in India with experience of over 25 years.

  • Solar panels that have been carefully selected to ensure higher conversion, and improved performance
  • Higher power output combined with features such as reduced shading effect
  • Lower risk of hot spots enhances the the efficiency rates
  • High power density and yield with a low-temperature coefficient.

Navitas Solar Panels

Navitas Solar has invested more than 30 years in engineering and commissioning expertise in manufacturing the best solar panels in India. It offers

  • Multi-crystalline and monocrystalline solar modules provide best-in-class performance and dependability.
  • Use high-quality raw materials to create solar panels with a high PV yield.
  • Strings with lower ohmic losses generate more power.
  • Over 30 in-house tests to ensure long-lasting solar panels

Key Takeaways

With increasing competition, every solar manufacturing company is evolving new technologies to make its products sustainable. We have covered the features of the top solar companies but your final decision will depend on your budget and space availability.

Alienenergy solar, the flagship company of the Alien Group, is a globally recognized top provider of solar solutions. You can save up to 80% on your energy bills with innovative and eye-catching solar panels designed to fit any space. The company employs smart technology to provide a wide range of solar products as well as outstanding service.

Hope you found our comprehensive list of best solar panels in India helpful!

FAQ

If you want to install solar panels in India, use our list of the top 10 solar panels in India to find the best deal. You can also try Alienenergy Solar panels, which are known for providing the most durable and affordable solar solutions for homes and offices.

The latest technology used in solar panels is second-generation thin film solar cells that give enhanced performance.

Monocrystalline PV is more efficient than polycrystalline and thin film solar panels in Indian weather conditions.

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