‘Why is solar energy so good?’ – this is one question that many people have been asking. Sadly, global climate change has started to hit us back, and still many people fail to realize the real importance of solar technology. Solar has clearly become the new trend in renewable energy. Builders and homeowners around India have started considering the installation of solar panels to reap all advantages of solar. Apart from the most obvious one i.e. financial profit, solar offers several other pertinent reasons which are pretty convincing to choose the solar way instead of burning fossil fuels.
Did you know, India is one of the top 10 countries in the globe to utilize solar power with full gusto? Yes, our country has been making rapid strides towards using alternative sources of energy (i.e. wind and solar). In addition to this, we have set up an aggressive renewable energy installation target of 175 GW by the year 2022.
Solar power being one unlimited source of energy is the key to a clean energy future. Keeping in mind, the increasing awareness and demand for solar panels, we dug up the 7 leading solar companies in India that you can bank upon. Take a look:
Top 7 Solar Companies In India
1. Loom Solar
With a huge online presence, Loom Solar is one of the most rapidly growing solar companies in India. Headquartered in Faridabad, Haryana, this company has a strong foothold in residential rooftop. They provide solar products like solar systems, solar inverters, solar panels, and solar chargers. Loom solar promises delivery and installation across India in just 3 days. In addition, they also take care of government approvals for subsidy and net metering.
2. Vikram Solar
Headquartered in Kolkata, Vikram Solar is the manufacturer of PV Solar modules with a very strong foothold in utility scale projects. It is a part of the Vikram Group of Companies who has an experience of over 4 decades in engineering and manufacturing activities. Vikram Solar has offices across the country and global offices in Africa and Europe. Due to its lineage, the company is also recognized as one of the most prominent solar companies in the subcontinent.
3. Tata Solar
Tata Power Solar Systems Ltd is one of the leading solar companies in India and they produce one of the best solar panels in the country. This wing of Tata was launched in the year 1989 and is headquartered in Bangalore, India. They are engaged in manufacturing and providing EPC services with a strong presence in commercial, industrial, both on-grid and off-grid solar projects, and residential segments.
4. Su-kam Solar
Founded in the year 1998, Su-Kam Solar is India’s largest inverter manufacturer that produces and sells power solutions including solar solutions, inverters, battery, and UPS system. They have a strong foothold in Off Grid Solutions, and manufacture more than 200 products. With a wide presence in nearly 90 countries worldwide, they cater to a wide range of commercial, industrial, and residential customers.
Waaree Solar was founded in 1989, they have a diversity of the solar equipment which makes them one big name in India’s solar market. Waaree has a 1.5 GW solar panel manufacturing unit located in Surat and has a significant presence in 280 plus locations in India and 68 countries internationally. The company has 29 years of extensive experience in providing rooftop solutions, solar water pumps, EPC services, and project development.
Website – www.waaree.com
Great quality products, lifetime support, and convenience of buying are the top things that make Luminous a great choice. New Delhi-based Luminous make inverters and industrial batteries (note: Schneider has 74% stake in it). They sell both inverters for off-grid solar applications and grid-tied inverters. The company has over 30 years of experience and is one of the leading power solutions providers.
Website – www.luminousindia.com
More than 2 decades of rich experience in the Indian power industry make UTL a renowned brand in India. The company offers an extensive range of products including UPS, Inverters, Battery Chargers, SMU (Solar Management Unit), Solar Charge Controllers, and Batteries. They also have a huge global presence extending to Asia and Africa.
Website – www.upsinverter.com
Way Ahead For Solar
According to TERI, by 2030 the cost of solar power generation in our country is anticipated to decline to as low as rupees 1.9 per unit. In addition, technology advancements will bring down the cost even further, with the cost of wind and solar expected to be between rupees 2.3-2.6 per kWh and rupees 1.9-2.3 per kWh, respectively. Also, the cost of storage is also projected to decline by nearly 70 percent. All these future trends indicate a bright future for Solar.
If you are looking to buy solar products, the companies listed in this list are the ones you can always trust.
Curated by editor at Wienerberger India