Rooftop Solar Panels in India

India’s solar rooftop market is set to explode in the coming years. The cost-effectiveness of solar power, rising electricity bills, and the high cost of land in India are all propelling rooftop growth in India. The Indian capital city New Delhi alone has the potential to install 2 GW of solar generation capacity by 2025. As such there will be a huge demand for rooftop panels in India.

Not only the Indian players but Chinese solar panel manufacturers also demand a major marketshare in India. First Solar too, has a dominant share in the Indian market. Its thin-film efficiencies is sharply increasing, with average module efficiency expected to increase to reach 16.7% by the end of the year. Other than the major Indian panel manufacturers like Tata Solar, Su-Kam, Indosolar, Vikram Solar and Waaree Solar, there are many Chinese players like Trina Solar, Canadian Solar, Jinko Solar and ReneSolar present in the Indian markets.

Compare and buy the best selling Solar Panels in India here.

Entrants expanding in the Indian Panel Market

i) Adani Group – the Adani group is planning to set up a gigawatt size panel and solar cell manufacturing plant. They will invest $2 billion in the project and have also got necessary approval from the Gujarat government. 1200 MW manufacturing capacity is expected to be commissioned this year.

ii) Trina Solar – Tier 1 Chinese panel manufacturer and the largest global module supplier in 2015, Trina Solar is too making in India. The company will soon be opening its solar cell factory in Andhra Pradesh.

iii) JA Solar too has plans to set up manufacturing capacity in Andhra Pradesh, however there has been no recent update on the same.

Foreign Solar Rooftop Panels in India

First Solar – The thin film solar panels are best suited for the Indian climate and with improving efficiency levels, it looks like First Solar is here to stay for long. Last year, the company started the commercial operation of its 20 MW solar plant in Telangana in India. The policy which was meant to support India’s domestic solar panel companies, through a “domestic content” provision helped First Solar become the undisputed leader in capturing a leading marketshare in India.

Canadian Solar and ReneSola are other module suppliers in India. Since India has revised its targets to 100 GW of solar installations by 2022, many international companies have been trying to expand in the country. This and PM Modi’s ‘Make in India’ have proved to be beneficial in promoting solar in India.

Read about the Major Challenges for Rooftop Market in India.

Major Indian Rooftop Solar Panel Suppliers

Many companies like Moser Baer and Lanco Solar have now been out of the solar landscape. Recently Sunedison was also out of the competition.

i) Tata Power Solar – Backed by the Tata Group in India, the company is engaged in manufacturing and EPC services. Tata Solar is trying to increase solar awareness in the remote parts of India. The company has commissioned 175 MW of EPC projects, 43 MW of solar rooftop projects, and exported 600 MW of modules till date. Tata Solar has presence in industrial, commercial, both on-grid and off-grid solar projects and residential.

ii) Su-Kam – is the largest solar inverter manufacturer in India. It is India’s largest power solutions company. Su-Kam also has presence in the residential EPC market in India. The company has a global presence in more than 70 countries. Su-Kam was the first sine-wave inverter manufacturer and has launched hybrid solar inverter that is perfect for every home.

iii) Indo Solar – manufactures solar cells and modules, located in Greater Noida Uttar Pradesh. The current manufacturing capacity is 450 MWp, with an average efficiency rating of 17.4%. They manufacture 36 celled polycrystalline silicon panels, with 5 years workmanship warranty.

iv) Vikram Solar – Vikram Solar is a manufacturer of PV solar modules. The manufacturing plant has a 150 MW installed capacity in West Bengal. They manufacture polycrystalline modules and are available in six series under the name Eldora.

v) Waaree Solar – The company has a 250 MW solar panel manufacturing unit in Surat, having presence across the solar power value chain. These are monocrystalline/multicrystalline silicon solar panels. The company has an experience with solar thermal and EPC utility grid projects.