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-
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 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:
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 is accredited to be the first and largest vertically integrated solar company in India. The company offers-
Adani solar panel price in India starts from Rs. 20-30 per watt and depends on location and project size.
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-
Vikram solar price in India ranges from Rs. 24 to 29 per watt approximately.
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-
Havells Solar panel’s price in India ranges from Rs. 30 – 48 per watt.
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
The price of Waree solar panels ranges from Rs. 24- 30 per watt.
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-
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.
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-
Premier Energies is the largest integrated manufacturer of the best solar panels in India with experience of over 25 years.
Navitas Solar has invested more than 30 years in engineering and commissioning expertise in manufacturing the best solar panels in India. It offers
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!
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.