Discover Top 10 Solar Companies in India driving renewable energy innovation. Explore leaders like Adani Green, Tata Power Solar, and Azure Power with expert insights on their contributions to sustainable development.
India has emerged as one of the fastest-growing solar markets in the world, driven by ambitious government policies and increasing awareness of renewable energy. The country’s solar sector has seen significant growth with the establishment of numerous companies that are leading the charge towards sustainable energy solutions. Here’s a detailed look at the top 10 solar companies in India, their founders, founding details, locations, and overviews.
Table of Contents
1. Adani Green Energy Limited
Name: Adani Green Energy Limited
Founder: Gautam Adani
Founded: 2015
Location: Ahmedabad, Gujarat
Adani Green Energy Limited (AGEL) is part of the Adani Group, founded by Gautam Adani. It is one of the largest renewable energy companies in India, focusing primarily on solar and wind power generation. AGEL has a significant presence in solar power projects across the country and is known for its large-scale installations and innovative energy solutions.
| Name | Adani Green Energy Limited |
|---|---|
| Founder | Gautam Adani |
| Founded | 2015 |
| Location | Ahmedabad, Gujarat |
| Overview | One of India’s largest renewable energy companies, specializing in solar and wind power generation. |
Adani Green Energy Limited (AGEL), founded by Gautam Adani in 2015 and headquartered in Ahmedabad, Gujarat, stands as one of India’s largest renewable energy companies. Specializing in solar and wind power generation, AGEL is renowned for its extensive portfolio of projects across the country. The company’s commitment to sustainability is evident through its innovative energy solutions and large-scale installations, contributing significantly to India’s renewable energy capacity.
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2. Azure Power Global Limited
Name: Azure Power Global Limited
Founder: Inderpreet Wadhwa
Founded: 2008
Location: New Delhi
Azure Power Global Limited is a leading independent solar power producer with a strong presence in India. Founded by Inderpreet Wadhwa, the company focuses on utility-scale solar power projects and has been instrumental in driving the adoption of solar energy across various states in India.
| Name | Azure Power Global Limited |
|---|---|
| Founder | Inderpreet Wadhwa |
| Founded | 2008 |
| Location | New Delhi |
| Overview | Independent solar power producer specializing in utility-scale solar projects. |
Founded in 2008 by Inderpreet Wadhwa and based in New Delhi, Azure Power Global Limited has established itself as a leading independent solar power producer in India. The company focuses on utility-scale solar projects, playing a pivotal role in advancing solar energy adoption nationwide. Azure Power’s emphasis on sustainable growth and technological innovation has propelled its expansion and influence in the renewable energy sector.
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3. Tata Power Solar Systems Ltd.
Name: Tata Power Solar Systems Ltd.
Founder: Tata Power
Founded: 1989
Location: Bengaluru, Karnataka
Tata Power Solar Systems Ltd., a subsidiary of Tata Power, is one of the oldest and largest solar companies in India. It offers comprehensive solar solutions, including manufacturing solar cells and modules, EPC services for solar projects, and rooftop solutions for residential, commercial, and industrial sectors.
| Name | Tata Power Solar Systems Ltd. |
|---|---|
| Founder | Tata Power |
| Founded | 1989 |
| Location | Bengaluru, Karnataka |
| Overview | Leading solar company offering end-to-end solar solutions and EPC services. |
Tata Power Solar Systems Ltd., a subsidiary of Tata Power, was founded in 1989 and is headquartered in Bengaluru, Karnataka. It ranks among India’s oldest and largest solar companies, offering comprehensive solar solutions ranging from manufacturing solar cells and modules to providing EPC services for solar projects. The company’s commitment to quality, reliability, and sustainability underscores its leadership in the solar industry.
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4. Vikram Solar Limited
Name: Vikram Solar Limited
Founder: Gyanesh Chaudhary
Founded: 2006
Location: Kolkata, West Bengal
Vikram Solar Limited is a prominent solar energy solutions provider in India. Founded by Gyanesh Chaudhary, the company specializes in manufacturing solar PV modules and providing EPC services for solar power plants. Vikram Solar has a strong focus on innovation and sustainable energy solutions.
| Name | Vikram Solar Limited |
|---|---|
| Founder | Gyanesh Chaudhary |
| Founded | 2006 |
| Location | Kolkata, West Bengal |
| Overview | Leading solar PV module manufacturer and EPC service provider. |
Established in 2006 by Gyanesh Chaudhary and based in Kolkata, West Bengal, Vikram Solar Limited is renowned for its expertise in manufacturing solar PV modules and providing EPC services for solar power plants. The company is known for its commitment to innovation and sustainable energy solutions, contributing significantly to India’s renewable energy goals through its impactful projects and technological advancements.
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5. Waaree Energies Ltd.
Name: Waaree Energies Ltd.
Founder: Hitesh Doshi
Founded: 1989
Location: Mumbai, Maharashtra
Waaree Energies Ltd. is one of India’s leading solar PV module manufacturers and EPC service providers. Established by Hitesh Doshi, the company offers a wide range of solar products and solutions, catering to both domestic and international markets.
| Name | Waaree Energies Ltd. |
|---|---|
| Founder | Hitesh Doshi |
| Founded | 1989 |
| Location | Mumbai, Maharashtra |
| Overview | Leading solar PV module manufacturer and EPC service provider. |
Founded in 1989 by Hitesh Doshi and headquartered in Mumbai, Maharashtra, Waaree Energies Ltd. has emerged as a leading solar PV module manufacturer and EPC service provider in India. The company’s extensive product range and commitment to quality have positioned it as a preferred choice for residential, commercial, and industrial solar installations nationwide, reflecting its role in driving solar energy adoption.
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6. Hero Future Energies Pvt. Ltd.
Name: Hero Future Energies Pvt. Ltd.
Founder: Hero Group
Founded: 2012
Location: New Delhi
Hero Future Energies Pvt. Ltd., part of the Hero Group, is a rapidly growing player in the renewable energy sector in India. The company focuses on solar and wind power projects, aiming to contribute significantly to India’s renewable energy goals.
| Name | Hero Future Energies Pvt. Ltd. |
|---|---|
| Founder | Hero Group |
| Founded | 2012 |
| Location | New Delhi |
| Overview | Part of Hero Group, focusing on solar and wind power projects. |
Hero Future Energies Pvt. Ltd., founded in 2012 and based in New Delhi, is part of the Hero Group, focusing on solar and wind power projects. The company has rapidly expanded its renewable energy portfolio, contributing to India’s sustainable development goals. Hero Future Energies’ strategic investments and operational excellence underscore its commitment to clean energy and environmental stewardship.
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7. ReNew Power
Name: ReNew Power
Founder: Sumant Sinha
Founded: 2011
Location: Gurugram, Haryana
ReNew Power is one of India’s largest renewable energy companies, specializing in wind and solar power generation. Founded by Sumant Sinha, the company has a diverse portfolio of renewable energy assets across various states in India.
| Name | ReNew Power |
|---|---|
| Founder | Sumant Sinha |
| Founded | 2011 |
| Location | Gurugram, Haryana |
| Overview | Leading renewable energy company with a focus on wind and solar power projects. |
Founded by Sumant Sinha in 2011 and headquartered in Gurugram, Haryana, ReNew Power has emerged as one of India’s largest renewable energy companies. Specializing in wind and solar power generation, the company has diversified its renewable energy portfolio and expanded its presence across multiple states in India. ReNew Power’s dedication to innovation and sustainability reinforces its position as a key player in the renewable energy sector.
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8. Aditya Birla Solar
Name: Aditya Birla Solar
Founder: Aditya Birla Group
Founded: 2010
Location: Mumbai, Maharashtra
Aditya Birla Solar, a part of the Aditya Birla Group, is involved in solar power projects and manufacturing of solar PV modules. The company aims to leverage its extensive industrial expertise and resources to drive solar energy adoption in India.
| Name | Aditya Birla Solar |
|---|---|
| Founder | Aditya Birla Group |
| Founded | 2010 |
| Location | Mumbai, Maharashtra |
| Overview | Part of Aditya Birla Group, focusing on solar power projects and module manufacturing. |
Aditya Birla Solar, established in 2010 and based in Mumbai, Maharashtra, is part of the Aditya Birla Group, focusing on solar power projects and manufacturing solar PV modules. Leveraging its industrial expertise and resources, the company has contributed significantly to India’s solar energy landscape, emphasizing efficiency and reliability in its operations and services.
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9. Jakson Group
Name: Jakson Group
Founder: Sundeep Gupta
Founded: 1947
Location: Noida, Uttar Pradesh
Jakson Group is a diversified business group with interests in power generation, EPC services, and solar products. Founded by Sundeep Gupta, the company has made significant strides in the solar sector with a focus on rooftop solar solutions and solar PV manufacturing.
| Name | Jakson Group |
|---|---|
| Founder | Sundeep Gupta |
| Founded | 1947 |
| Location | Noida, Uttar Pradesh |
| Overview | Diversified group with interests in power generation and solar products, including rooftop solutions. |
Founded in 1947 by Sundeep Gupta and headquartered in Noida, Uttar Pradesh, Jakson Group is a diversified business group with interests in power generation and solar products. The company has made significant strides in the solar sector, particularly in rooftop solar solutions and solar PV manufacturing, reflecting its commitment to sustainability and renewable energy solutions.
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10. CleanMax Solar
Name: CleanMax Solar
Founder: Kuldeep Jain
Founded: 2011
Location: Bengaluru, Karnataka
CleanMax Solar is India’s largest provider of solar power to corporate consumers. Founded by Kuldeep Jain, the company specializes in rooftop solar solutions and has a strong presence in providing renewable energy to commercial and industrial customers.
| Name | CleanMax Solar |
|---|---|
| Founder | Kuldeep Jain |
| Founded | 2011 |
| Location | Bengaluru, Karnataka |
| Overview | Leading provider of solar power to corporate consumers, specializing in rooftop solutions. |
CleanMax Solar, founded by Kuldeep Jain in 2011 and based in Bengaluru, Karnataka, is India’s largest provider of solar power to corporate consumers. The company specializes in rooftop solar solutions, catering to commercial and industrial sectors with a focus on sustainable energy practices. CleanMax Solar’s innovative approach and customer-centric solutions highlight its role in promoting clean energy adoption among businesses in India.
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Frequently Asked Question’s(FAQ’s) – Top 10 Solar Companies in India
Q1: What are the top solar companies in India?
A: Some of the top solar companies in India include Adani Green Energy Limited, Azure Power Global Limited, Tata Power Solar Systems Ltd., Vikram Solar Limited, Waaree Energies Ltd., Hero Future Energies Pvt. Ltd., ReNew Power, Aditya Birla Solar, Jakson Group, and CleanMax Solar.
Q2: How do these solar companies contribute to India’s renewable energy goals?
A: These companies contribute to India’s renewable energy goals by developing and implementing large-scale solar projects, manufacturing solar PV modules, providing EPC (Engineering, Procurement, and Construction) services for solar installations, and promoting the adoption of solar energy across residential, commercial, and industrial sectors.
Q3: What are the key factors driving the growth of solar energy companies in India?
A: The growth of solar energy companies in India is driven by supportive government policies and incentives, increasing awareness of environmental sustainability, declining solar equipment costs, technological advancements in solar PV technology, and the growing demand for clean and renewable energy sources.
Q4: How are these companies contributing to sustainable development in India?
A: These companies contribute to sustainable development in India by reducing greenhouse gas emissions through the generation of clean energy, promoting energy independence, creating employment opportunities in the renewable energy sector, and fostering local economic development through investments in solar projects and manufacturing facilities.
Q5: What are the challenges faced by solar companies in India?
A: Some of the challenges faced by solar companies in India include intermittency of solar power generation, land acquisition issues for large-scale projects, financing constraints, grid integration challenges, policy and regulatory uncertainties, and competition from conventional energy sources.
Q6: How can individuals and businesses benefit from solar energy solutions offered by these companies?
A: Individuals and businesses can benefit from solar energy solutions offered by these companies by reducing their electricity bills through rooftop solar installations, contributing to environmental conservation by using clean energy, gaining energy independence, and potentially earning revenue through net metering and selling surplus energy back to the grid.
Q7: What are the future prospects for solar energy companies in India?
A: The future prospects for solar energy companies in India are promising, with expected continued growth driven by supportive government policies, technological advancements leading to cost reductions, increasing investments in renewable energy infrastructure, and growing consumer demand for sustainable energy solutions.
Conclusion
India’s solar energy sector is marked by the presence of dynamic companies that are driving innovation and growth in renewable energy. These top 10 companies are at the forefront of this transformation, each contributing uniquely to the country’s sustainable energy future. With continued government support and technological advancements, these companies are expected to play a crucial role in India’s journey towards achieving its renewable energy targets and reducing carbon emissions on a global scale.
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Top 10 Solar Companies in India
