Top 7 Solar System Companies In India & What They Are Doing
The altering global warming scenario has become a terror on the planet today. India’s solar companies are going full steam ahead in order to make the country and the world a better place to live for the current and future generations. Solar companies in India now have a market capitalization of GW. Solar firms in India are worth noting for their great success in utility, commercial, and residential installations.
China has long been a major player in the solar industry, as seen by its global domination. However, the Indian solar market is being driven by new solar startups and foreign investment. Solar energy is one of the fastest growing businesses in India.
Today, the Kamuthi Solar Power Project, which is located in Tamil Nadu, boasts the world’s largest single-site solar power plant. Big Chinese and Western solar companies have already established themselves in India, and the cumulative solar market is rising.
In this post, we will assist you in locating the top 10 solar system companies in India, as well as explain what qualifies these companies for inclusion on this list:
Adani Power has made a reputation for itself in this country by developing the Kamuthi Solar Power Project (the world’s only reported largest single-site solar power plant). In a scenario, Adani Solar has taken MW projects and successfully commissioned them under his cap. Adani Power, with a capacity of 12,410 MW and headquarters in Ahmedabad, Gujarat, is India’s largest private thermal power generator. The company has signed long-term PPAs with the governments of Gujarat, Maharashtra, Haryana, Rajasthan, Karnataka, and Punjab totaling 9,153 MW.
Tata Solar has gone on a rooftop solar installation binge. Tata Power Solar is one of the largest solar rooftop EPC players, with a market share of 5.6 percent. In India, the company has a total renewable capacity of over 2,628 MW.
Solar energy offers the most promise for a tropical country like India. Tata Power is committed to expanding the company’s renewable energy portfolio, with the goal of generating 35–40 percent of total power from clean energy sources by 2020, mostly through organic expansion.
Jinko has a strong market-share in the Indian solar sector, having previously been named the best Indian Solar Module Company of the Year. JinkoSolar employs about 15,000 people in its six manufacturing plants in China, Malaysia, Portugal, and South Africa, as well as Japan, Singapore, India, Turkey, Germany, Italy, and Switzerland. Jinko Solar has played a critical role in achieving India’s solar target to date. JinkoSolar has established a vertically integrated solar product value chain with annual capacity of 10.5 GW for silicon wafers, 7.4 GW for solar cells, and 12.6 GW for solar modules.
Trina Solar is taking a giant move to help disseminate its solar knowledge in India, according to recent reports in the solar industry. Trina feels that India has emerged as a major solar market on the global stage. According to estimates from September, Trina Solar’s solar module supply in India has surpassed 4,000 megawatts. In terms of cumulative shipments, Trina Solar was the top in module supply to India.
ACME Solar has never been a major player in the solar sector in India. Since its entry into the Indian market, Acme Solar has landed a slew of big projects. ACME Solar has 2500+ (MWp) in operation and 500+ (MWp) under construction. ACME Solar is a pioneer in embracing new technology, disruptive, and has a purpose beyond business expectations and profits.
Vikram Solar has been on the list of top solar enterprises for quite some time. The ability to react to the evolving solar market in India is what has authored Vikram Solar’s success narrative. Vikram Solar Limited (previously Vikram Solar Pvt. Ltd.) is now a worldwide renowned company. Vikram Solar has demonstrated its suitability and skill in the manufacture of high-efficiency PV modules as well as entire EPC solutions. Vikram Solar has 650MW+ of O&M projects and 1040 MW+ of EPC projects in India and overseas, and is present on six continents.
Waaree Energies, which specializes in the production of solar PV modules, has recently seen an increase in demand from the Indian rooftop market. Waaree Energies has boosted its module manufacturing capacity by 500 megawatts to 2,000 megawatts in response to this demand. The company has increased its production capacity to 5.7 MW per day at its Gujarat manufacturing site. The Waaree Group was established in 1989 and is headquartered in Mumbai, India.