India’s solar energy sector has seen remarkable growth over the past decade, driven by government initiatives, favorable policies, and an increasing demand for sustainable energy. Here are the top 10 solar companies in India that are making significant strides in the industry.
Table of Contents
1. Tata Power Solar Systems Ltd.
| Attribute | Details |
|---|---|
| Founded | 1989 |
| Headquarters | Bangalore, Karnataka |
| Parent Company | Tata Power |
| Industry Focus | Solar rooftop systems, solar pumps, utility-scale solar projects |
| Key Highlights | Pioneer in Indian solar industry; wide range of solar products and solutions |
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Founded: 1989
Headquarters: Bangalore, Karnataka
Parent Company: Tata Power
Tata Power Solar Systems Ltd. is a pioneer in the solar energy sector in India. The company offers a wide range of solar products and solutions, including solar rooftop systems, solar pumps, and utility-scale solar power projects. Tata Power Solar is known for its high-quality products and extensive experience in the industry, making it a trusted name in solar energy.
2. Adani Solar
| Attribute | Details |
|---|---|
| Founded | 2015 |
| Headquarters | Ahmedabad, Gujarat |
| Parent Company | Adani Group |
| Industry Focus | Solar cells and modules manufacturing, large-scale solar power projects |
| Key Highlights | Significant player in global solar market; strong commitment to sustainable energy |
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Founded: 2015
Headquarters: Ahmedabad, Gujarat
Parent Company: Adani Group
Adani Solar is a leading solar power developer in India and a significant player in the global solar market. The company manufactures solar cells and modules and develops large-scale solar power projects. Adani Solar is committed to sustainable energy solutions and aims to contribute significantly to India’s renewable energy targets.
3. ReNew Power Ventures
| Attribute | Details |
|---|---|
| Founded | 2011 |
| Headquarters | Gurugram, Haryana |
| Founder | Sumant Sinha |
| Industry Focus | Wind and solar power projects |
| Key Highlights | One of India’s largest renewable energy companies; robust portfolio of projects |
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Founded: 2011
Headquarters: Gurugram, Haryana
Founder: Sumant Sinha
ReNew Power is one of India’s largest renewable energy companies, focusing on wind and solar power projects. With a robust portfolio of operational and under-development projects, ReNew Power is a key player in the solar energy sector, contributing to the country’s renewable energy capacity and sustainability goals.
4. Azure Power
| Attribute | Details |
|---|---|
| Founded | 2008 |
| Headquarters | New Delhi |
| Founder | Inderpreet Wadhwa |
| Industry Focus | Utility-scale and commercial solar installations |
| Key Highlights | Prominent solar power producer in India; extensive project portfolio |
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Founded: 2008
Headquarters: New Delhi
Founder: Inderpreet Wadhwa
Azure Power is a prominent solar power producer in India, known for its extensive portfolio of solar power projects. The company develops, constructs, and operates utility-scale and commercial solar installations, playing a vital role in increasing India’s solar energy capacity.
5. Sterling and Wilson Solar
| Attribute | Details |
|---|---|
| Founded | 2011 |
| Headquarters | Mumbai, Maharashtra |
| Parent Company | Shapoorji Pallonji Group |
| Industry Focus | Solar EPC (Engineering, Procurement, and Construction) solutions |
| Key Highlights | Leading global pure-play solar EPC solutions provider; executed numerous projects in India and abroad |
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Founded: 2011
Headquarters: Mumbai, Maharashtra
Parent Company: Shapoorji Pallonji Group
Sterling and Wilson Solar is a global pure-play, end-to-end solar EPC (Engineering, Procurement, and Construction) solutions provider. The company has executed numerous solar projects in India and abroad, making it one of the leading EPC contractors in the solar industry.
6. CleanMax Solar
| Attribute | Details |
|---|---|
| Founded | 2011 |
| Headquarters | Mumbai, Maharashtra |
| Founder | Kuldeep Jain |
| Industry Focus | Solar energy solutions for commercial and industrial sectors |
| Key Highlights | Turnkey solar solutions provider; focuses on rooftop and ground-mounted solar power plants |
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Founded: 2011
Headquarters: Mumbai, Maharashtra
Founder: Kuldeep Jain
CleanMax Solar is a leading provider of solar energy solutions for the commercial and industrial sectors in India. The company focuses on providing turnkey solar solutions, including rooftop and ground-mounted solar power plants, helping businesses reduce their carbon footprint and energy costs.
7. Hero Future Energies
| Attribute | Details |
|---|---|
| Founded | 2012 |
| Headquarters | New Delhi |
| Founder | Rahul Munjal |
| Industry Focus | Wind, solar, and rooftop renewable energy projects |
| Key Highlights | Part of the Hero Group; significant player in global renewable energy market |
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Founded: 2012
Headquarters: New Delhi
Founder: Rahul Munjal
Hero Future Energies is part of the Hero Group and focuses on developing renewable energy projects, including wind, solar, and rooftop installations. The company aims to be a significant player in the global renewable energy market, with a strong emphasis on sustainability and innovation.
8. Rays Power Infra
| Attribute | Details |
|---|---|
| Founded | 2011 |
| Headquarters | Gurugram, Haryana |
| Founders | Sanjay Garudapalli, Ketan Mehta |
| Industry Focus | Development, construction, and operation of solar power projects |
| Key Highlights | One of India’s largest solar EPC companies; innovative solar energy solutions |
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Founded: 2011
Headquarters: Gurugram, Haryana
Founders: Sanjay Garudapalli, Ketan Mehta
Rays Power Infra is one of India’s largest solar EPC companies, specializing in the development, construction, and operation of solar power projects. The company has a diverse portfolio of projects across India and is known for its innovative approach to solar energy solutions.
9. Waaree Energies Ltd.
| Attribute | Details |
|---|---|
| Founded | 1989 |
| Headquarters | Mumbai, Maharashtra |
| Founders | Hitesh Doshi, Rajesh Joshi |
| Industry Focus | Solar PV module manufacturing, solar inverters, solar water pumps |
| Key Highlights | Leading solar PV module manufacturer in India; extensive range of solar products |
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Founded: 1989
Headquarters: Mumbai, Maharashtra
Founders: Hitesh Doshi, Rajesh Joshi
Waaree Energies Ltd. is one of the leading solar PV module manufacturers in India, with a strong presence in the solar energy market. The company provides a wide range of solar products, including PV modules, inverters, and solar water pumps, contributing significantly to the growth of the solar industry in India.
10. Vikram Solar
| Attribute | Details |
|---|---|
| Founded | 2006 |
| Headquarters | Kolkata, West Bengal |
| Founder | Gyanesh Chaudhary |
| Industry Focus | High-efficiency PV module manufacturing, comprehensive EPC solutions |
| Key Highlights | Globally recognized solar energy solutions provider; strong focus on R&D |
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Founded: 2006
Headquarters: Kolkata, West Bengal
Founder: Gyanesh Chaudhary
Vikram Solar is a globally recognized solar energy solutions provider, specializing in high-efficiency PV module manufacturing and comprehensive EPC solutions. The company has a strong focus on research and development, ensuring the delivery of cutting-edge solar products and services.
FAQs and their answers about the top 10 solar companies in India:
FAQs about Top 10 Solar Companies in India
1. Tata Power Solar Systems Ltd.
Q: What does Tata Power Solar Systems Ltd. specialize in?
A: Tata Power Solar specializes in solar rooftop systems, solar pumps, and utility-scale solar projects.
Q: When was Tata Power Solar founded?
A: Tata Power Solar was founded in 1989.
Q: Where is Tata Power Solar headquartered?
A: Tata Power Solar is headquartered in Bangalore, Karnataka.
2. Adani Solar
Q: What products does Adani Solar manufacture?
A: Adani Solar manufactures solar cells and modules and develops large-scale solar power projects.
Q: Who is the parent company of Adani Solar?
A: Adani Solar is a subsidiary of the Adani Group.
Q: When was Adani Solar established?
A: Adani Solar was established in 2015.
3. ReNew Power Ventures
Q: What types of projects does ReNew Power focus on?
A: ReNew Power focuses on wind and solar power projects.
Q: Who founded ReNew Power?
A: ReNew Power was founded by Sumant Sinha.
Q: Where is ReNew Power based?
A: ReNew Power is based in Gurugram, Haryana.
4. Azure Power
Q: What is Azure Power known for?
A: Azure Power is known for developing, constructing, and operating utility-scale and commercial solar installations.
Q: When was Azure Power founded?
A: Azure Power was founded in 2008.
Q: Where is Azure Power headquartered?
A: Azure Power is headquartered in New Delhi.
5. Sterling and Wilson Solar
Q: What services does Sterling and Wilson Solar provide?
A: Sterling and Wilson Solar provides solar EPC (Engineering, Procurement, and Construction) solutions.
Q: Which group is Sterling and Wilson Solar a part of?
A: Sterling and Wilson Solar is part of the Shapoorji Pallonji Group.
Q: When was Sterling and Wilson Solar founded?
A: Sterling and Wilson Solar was founded in 2011.
6. CleanMax Solar
Q: What market does CleanMax Solar serve?
A: CleanMax Solar serves the commercial and industrial sectors with solar energy solutions.
Q: Who founded CleanMax Solar?
A: CleanMax Solar was founded by Kuldeep Jain.
Q: Where is CleanMax Solar located?
A: CleanMax Solar is located in Mumbai, Maharashtra.
7. Hero Future Energies
Q: What type of energy projects does Hero Future Energies develop?
A: Hero Future Energies develops wind, solar, and rooftop renewable energy projects.
Q: Who founded Hero Future Energies?
A: Hero Future Energies was founded by Rahul Munjal.
Q: Where is Hero Future Energies headquartered?
A: Hero Future Energies is headquartered in New Delhi.
8. Rays Power Infra
Q: What does Rays Power Infra specialize in?
A: Rays Power Infra specializes in the development, construction, and operation of solar power projects.
Q: When was Rays Power Infra founded?
A: Rays Power Infra was founded in 2011.
Q: Where is Rays Power Infra based?
A: Rays Power Infra is based in Gurugram, Haryana.
9. Waaree Energies Ltd.
Q: What products does Waaree Energies manufacture?
A: Waaree Energies manufactures solar PV modules, solar inverters, and solar water pumps.
Q: When was Waaree Energies founded?
A: Waaree Energies was founded in 1989.
Q: Where is Waaree Energies headquartered?
A: Waaree Energies is headquartered in Mumbai, Maharashtra.
10. Vikram Solar
Q: What does Vikram Solar specialize in?
A: Vikram Solar specializes in high-efficiency PV module manufacturing and comprehensive EPC solutions.
Q: When was Vikram Solar founded?
A: Vikram Solar was founded in 2006.
Q: Where is Vikram Solar based?
A: Vikram Solar is based in Kolkata, West Bengal.
Conclusion
The solar energy sector in India is booming, with companies like Tata Power Solar, Adani Solar, and ReNew Power leading the way. These companies are not only contributing to the country’s renewable energy capacity but also driving innovation and sustainability. As India continues to focus on clean energy, these solar companies are set to play a pivotal role in shaping the future of the energy landscape.
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