Top 10 Solar Brands

In the vibrant canvas of India's energy landscape, rooftop solar emerges as a guiding light towards a more sustainable and self-reliant future, beckoning consumers to embrace cleaner, greener energy solutions. With a cumulative installed capacity of 62.80 GW as of 2022, India's solar industry offers optimism in the face of increasing electricity costs and a growing focus on protecting the environment, thanks to government support. According to a report by Niti Aayog, the rooftop solar capacity surged from 1.8 GW in 2019 to a staggering 10.4 GW in 2023, reflecting a compelling compound annual growth rate (CAGR) of approximately 46%. This remarkable uptick in installations signifies a consumer-driven shift towards sustainable energy alternatives, propelled by the desire for greater energy independence and reduced carbon footprint.

As the rooftop solar market continues to flourish, consumers across the nation are increasingly embracing this transformative technology, drawn by its promise of long-term cost savings, energy resilience, and environmental benefits. In states like Gujarat, Maharashtra, Tamil Nadu, Karnataka, and Rajasthan, where conducive policies, high grid tariffs, and abundant solar irradiation converge, consumers find themselves at the forefront of a solar revolution, empowered to harness the sun's abundant energy to power their homes and businesses.

In this consumer-centric narrative, rooftop solar emerges not just as a means of generating electricity but as a symbol of empowerment, offering individuals and communities the opportunity to take control of their energy destiny while contributing to a cleaner, brighter future for generations to come. Additionally, under the Rooftop Solar Scheme, the government provides subsidies for installing solar panels: for up to 2 kW - Rs. 30,000 per kW, for additional capacity up to 3 kW - Rs. 18,000 per kW, and the total subsidy for systems larger than 3 kW - Maximum Rs. 78,000.

Top 10 Solar Rooftop Brands in India.

1. Tata Power Solar
2. Sunsure Energy
3. Orb Energy India
4. Mahindra Susten
5. Fourth Partner Energy (FPEL)
6. Vikram Solar Limited
7. Waaree Energies Limited
8. Amplus Energy Solutions Pvt. Ltd.
9. CleanMax Enviro Energy Solutions Pvt. Ltd
10. Renew Power

1. Tata Power Solar

Based in Bangalore, Tata Power Solar is a prominent manufacturer and distributor of solar photovoltaic products catering to both rural and urban markets. With strategic partnerships with government entities, renewable energy development agencies, non-profit organizations, and grameen banks.

Tata Power Solar operates across three key segments: solar module manufacturing, EPC (Engineering, Procurement, and Construction) services for solar power projects, and innovative solar product development. Covering over 275 districts in India, Tata Power Solar specializes in hassle-free installations of solar rooftop solutions, backed by comprehensive insurance options for customer satisfaction.

Their solar panel pricing solutions, featuring attractive financing options with partners like Paytm and HDFC Bank, ensure a swift payback period typically ranging from 4 to 5 years. Their product range, extending up to 10kW, boasts features like multi-color LCD displays on inverters for real-time system monitoring and intelligent hardware facilitating various power-saving levels.

With a focus on reliability and support, Tata Power Solar offers a full system warranty for 5 years, making it an ideal choice for areas prone to grid outages or reliability issues, as well as for residential and small-scale commercial, industrial, and institutional setups.

Key Parameters Ratings of Tata Power Solar

Source: 6Wresearch Survey Analysis

2. Luminous Power

With over 35 years of experience and a reputation as the major Energy Solutions Super Brand, Luminous has earned the trust of millions of customers across India and globally. Their expertise in power backup and residential solar solutions ensures reliability and performance that consumers can count on.

In a rapidly growing rooftop solar market, Luminous is well-positioned to meet the increasing demand for sustainable energy solutions. Their commitment to innovation and product development ensures that consumers have access to cutting-edge technology that not only meets their energy needs but also contributes to a greener future.

Luminous offers a wide range of solar packages tailored for both homes and businesses, with options ranging from 1 kW to 10 kW. These packages are characterized by easy installation, maintenance, and flexible financing options, making the transition to solar energy seamless and hassle-free for consumers.

Additionally, Luminous' partnership with Rajasthan Royals in the IPL underscores their dedication to innovation, sustainability, and social impact. By choosing Luminous, consumers not only benefit from reliable and cost-effective energy solutions but also support initiatives aimed at promoting solar energy adoption and enriching communities.

Key Parameters Ratings of Luminous Solar

Source: 6Wresearch Survey Analysis

3. Adani Solar

Headquartered in Ahmedabad, Adani Solar stands as the premier solar PV manufacturing arm of the esteemed Adani Group, a conglomerate renowned for its diversified portfolio across nine publicly traded companies, encompassing world-class transport and utility infrastructure ventures spanning the length and breadth of India.

Distinguished as India's pioneering and largest vertically integrated solar enterprise, Adani Solar commands a formidable manufacturing capacity of 4 GW, a testament to its commitment to excellence and innovation in the solar industry. Leveraging cutting-edge technology and state-of-the-art machinery sourced from globally acclaimed suppliers, Adani Solar epitomizes cost leadership, operational scalability, and reliability standards benchmarked against the best in the world.

Notably, Adani Solar is currently spearheading the development of the world's inaugural Fully Integrated and Comprehensive Ecosystem, boasting an impressive 10 GW solar PV manufacturing facility in Mundra, India. This ambitious endeavour underscores Adani Solar's relentless pursuit of technological advancement, operational efficiency, and sustainability on a global scale.

In addition to its ground-breaking manufacturing initiatives, Adani Solar offers a diverse product portfolio spanning the entire spectrum of photovoltaics manufacturing. From high-efficiency solar panels to robust inverters and advanced energy storage solutions, Adani Solar delivers a comprehensive range of products and services tailored to meet the diverse needs of both rural and urban markets. With an unwavering commitment to quality, reliability, and customer satisfaction, Adani Solar continues to set new benchmarks for excellence in the solar industry, driving forward the transition towards a sustainable and renewable energy future.

Key Parameters Ratings of Adani Solar

Source: 6Wresearch Survey Analysis

4. Vikram Solar

Headquartered in Kolkata, West Bengal, Vikram Solar Limited is a PV module manufacturer, boasting a cumulative production capacity of 3.5 GW. Renowned for its commitment to excellence, Vikram Solar has reclaimed its position in BloombergNEF's prestigious Tier 1 global module manufacturers list. This achievement underscores the company's superior efficiency, bankability, and top-notch product quality. Notably, in 2014, Vikram Solar emerged as India's sole Tier 1 module manufacturer, earning a coveted spot on BNEF's esteemed list.

With a robust distribution network spanning more than 40 cities, Vikram Solar ensures widespread availability of its solar products and solutions, reaching over 600 locations across India.

PARADEA CORE: This model boasts high power output and bifacial gain, setting it apart with its exceptional reliability.

PREXOS CORE: Notable for its lightweight design and dual-side generation capability, offering versatility and efficiency.

Key Parameters Ratings of Vikram Solar

Source: 6Wresearch Survey Analysis

5. Loom Solar

Headquartered in Faridabad, Loom Solar is a manufacturer of solar panels and lithium batteries based out of Faridabad, Haryana. It is an ISO 9001 - 2015 certified company and recognized startup by Govt. of India. It sells solar systems across India with promised delivery within 3 days. It has a manufacturing unit in Haryana confirming to ‘Make in India’ mission with RoHS & CE certifications. Loom Solar has won the prestigious gold and silver award in the 11th Annual 2019 Golden Bridge Business and Innovation Awards at United States of America.

Loom Solar offers a wide range of solar products, such as monocrystalline solar panels, AC modules, lithium batteries, inverters, charge controllers, and accessories for residential, commercial, and utility-scale solar applications. It has a presence in over 500 districts across India with more than 3500 resellers. It also operates an online platform that provides free shipping, quick deliveries, and easy EMI options on its products.

Key Parameters Ratings of Loom Solar

Source: 6Wresearch Survey Analysis

6. Waaree Solar

Established in 1989 and headquartered in Mumbai, India, Waaree Energies Limited has emerged as a prominent player in the solar energy sector. Boasting India's largest aggregate installed capacity of 12GW. Waaree operates manufacturing plants in Chikhli, Surat, Tumb, and Nandigram in Gujarat.

Waaree offers Building Integrated Photovoltaic (BIPV) modules, which replace conventional building materials in various parts of the building envelope such as roofs, skylights, or facades. These modules, manufactured using Mono PERC technology, are ideal for green building applications, showcasing Waaree's commitment to environmentally friendly solutions.

Waaree also produces semi-flexible solar panels renowned for their sleek design and durability. These panels adhere seamlessly to surfaces, providing a charging option for high-capacity applications.

It has a proven track the company has ambitious plans to establish more than 1000 centers for solar solutions across the country, further solidifying its position in the renewable energy industry.

Key Parameters Ratings of Waaree Solar

Source: 6Wresearch Survey Analysis 

7. Amplus Solar

Amplus Energy Solutions Pvt. Ltd., a member of the Gentari group based in Malaysia, stands as a prominent player in the solar energy sector. It has a portfolio boasting over 1.9GWp+ of operational and under-construction distributed solar assets spread across 24 states in India. Headquartered in Gurugram, India, with regional offices in Bengaluru and Singapore, Amplus caters to a diverse clientele of over 325 global clients spanning various sectors including manufacturing, aerospace & defense, automotive, FMCG, pharma, and more.

Diversifying its offerings, Amplus is venturing into new avenues such as solar plus storage, EV charging infrastructure, energy efficiencies, concentrated solar power technologies, and residential solar solutions. Amplus's operational plants are projected to generate over 14,000 million units of electricity over the 25-year duration of the projects.

One of Amplus's notable offerings is HomeScape, an aesthetically designed which transforms rooftops into valuable spaces. HomeScape offers a hassle-free end-to-end solution, including easy purchase and financing options, exceptional service, automated performance tracking, extraordinary durability, and added aesthetic value to homes.

Key Parameters Ratings of Amplus Solar

Source: 6Wresearch Survey Analysis

8. Cleanmax Solar

CleanMax Enviro Energy Solutions Pvt. Ltd. boasts a robust presence across all major states, with an impressive portfolio of over 1000 MW of installed on-site solar and wind capacity. With extensive experience in rooftop solar installations, the company has completed over 550 projects, demonstrating its expertise in the field.

CleanMax is known for its swift project commissioning, with projects typically being completed within 3 months of contract closure, and on-site installations often completed in less than 30 days.

Having executed successful projects across a diverse range of industries, including automobile ancillaries, FMCG, consumer durables, information technology, oil and gas, hospitality, and aviation, CleanMax has established itself as a trusted partner for businesses seeking sustainable energy solutions.

Key Parameters Ratings of Cleanmax Solar

Source: 6Wresearch Survey Analysis

9. Fourth Partner Energy

Established in 2010, Fourth Partner Energy (FPEL) began its journey as a Solar products and EPC company. It has comprehensive product expertise spanning energy analysis, design, financing, procurement, construction, operation, and maintenance of renewable infrastructure.

FPEL has successfully installed over 300 MW of rooftop solar projects for some of India's top businesses and institutions. Operating across 24 states with 12 offices throughout India, FPEL has executed more than 2000 plants.

The company is supported by prominent investors such as TPG's The Rise Fund and the Norwegian Sovereign fund, along with a network of global financiers including IFC, ADB, Bank of America, Symbiotics, IREDA, REC, World Bank, and SBI, among others.

Clients have the flexibility to choose from different financing models, including Capex (client owns the asset), Opex (client pays for unit electricity consumed, developer owns the asset), or an easy EMI financing model.

Utilizing cutting-edge technology for asset performance monitoring, including AI, IoT, and remote monitoring, FPEL ensures optimal efficiency and performance of renewable energy installations. The company also provides long-term clarity in tariffs through Power Purchase Agreements (PPAs) spanning 20-25 years, offering stability and predictability to its clients.

Key Parameters Ratings of Fourth Partner Energy

Source: 6Wresearch Survey Analysis

10. ReNew Power

Renew Power is one of India's prominent renewable energy companies, dedicated to transforming the energy landscape through sustainable solutions. Renew Power, established in March 2015, operates as an Independent Power Producer (IPP) specializing in clean energy solutions.

Headquartered in Gurugram, India, Renew Power operates as an Independent Power Producer (IPP), focusing on the development, construction, and operation of renewable energy projects. The company's portfolio includes a diverse range of renewable energy assets, including wind, solar, and hybrid projects, contributing significantly to India's clean energy transition.

With a notable presence in the renewable energy sector, Renew Power has successfully installed over 200 rooftop solar solutions and distributed more than 40 MW of solar capacity across more than 35 cities in India.

Among its prominent installations are those at J.K. Cement, Himalaya Drug Company, JK Tyres, the Airports Authority of India (AAI), and Indian Railways.

Key Parameters Ratings of ReNew Power

Source: 6Wresearch Survey Analysis

The Conclusion:

As India strides towards its solar-powered aspirations, embracing solar energy emerges as a crucial step towards securing a sustainable future. With consumers at the forefront of this transition, top solar companies highlighted above not only provide cutting-edge solar solutions but also prioritize consumer satisfaction. By offering trustworthy products and services, these companies ensure a reliable return on investment, minimal maintenance hassles, and top-notch quality. Empowering consumers to make environmentally conscious choices, these solar companies pave the way for individuals and communities to actively participate in building a cleaner, greener future for generations to come.