By Lal Singh India’s solar sector is booming, with domestic module manufacturing capacity exceeding 70GW. The leading companies are primarily module manufacturers, driven by government initiatives like ALMM and PLI schemes. The domestic solar market in India is dominated by huge utility projects, strong demand and rooftop adoption. Solar sector has played a major role in making India the fourth largest renewable energy producer in the world.
India has become a global hub of solar manufacturing, with a number of major players operating in this sector. Let’s have a look at the top leading 10 solar companies in India for the year 2026.
1. Waaree Energies Limited
Waaree Energies Limited, headquartered in Mumbai, is India’s largest solar photovoltaic or PV module manufacturer, with over 12-13 GW capacity. Founded in the year 1989, it is a flagship company of the Waaree Group. The company accounts for around 44% of India’s solar module exports, with a domestic market share of 17-21%.
Waaree Energies is known for its premium, high-efficiency solar PV modules. Apart from solar modules, its product portfolio includes solar inverters, battery storage systems, and solar water pumps. The company also provides engineering, procurement and construction or EPC services for solar infrastructure.
2. Adani Solar
Adani Solar, headquartered in Ahmedabad, is India’s leading vertically integrated solar PV module manufacturer and a top solar company in the country. Founded in the year 2015, it is a part of Adani Green Energy Limited under the Adani Group. The company is a vertically integrated giant, with a capacity of 4-10 GW. Its massive manufacturing facility at Mundra, Gujarat, is India’s largest integrated solar manufacturing site.
Adani Solar’s core products include high-efficiency mono PERC, TOPCon and bifacial modules. End-to-end integration services cover modules, ingots, wafers and ancillaries. The company crossed 15,000 MW cumulative solar module shipments in 2025.
3. Tata Power Solar Systems Limited
Tata Power Solar System Limited, headquartered in Mumbai, is a long established company in the Indian solar power sector. Founded in the year 1989, it is a wholly-owned subsidiary of Tata Power Company Limited. The company excels in solar manufacturing, rooftop solutions and engineering, procurement and construction or EPC. Tata Power Solar has a total manufacturing capacity of 4.8-4.9 GW.
Tata Power Solar provides high efficiency solar cells and modules, known for quality, DCR compliance and innovations like floating solar. Furthermore, the company specialises in end-to-end EPC for utility, rooftop solar and hybrid projects.
4. Vikram Solar Limited
Vikram Solar Limited, headquartered in Kolkata, is one of the top solar PV module manufacturers in India. Founded in the year 2006, it is a part of the Vikram Group. The company specialises in high-quality module production, whilst offering integrated solar EPC and O&M services. Vikram Solar has a global footprint, with presence in over 39 countries.
Core products of Vikram Solar are high-efficiency solar PV modules like HJT, bifacial, TOPCon and Mono PERC. The company offers comprehensive EPC for solar projects, along with O&M services.
5. RenewSys India Private Limited
RenewSys India Private Limited, headquartered in Mumbai, is a leading manufacturer of solar PV modules and critical components in India. Established in the year 2011, it is a part of the ENPEE Group. Apart from high-performance solar modules, the company also manufactures solar cells, encapsulants and backsheets. It is particularly strong in encapsulants and backsheets.
RenewSys offers multiple types of solar PV modules like N-Type TOPCon, high-efficiency Mono PERC and polycrystalline, encapsulants like EVA, POE and EPE and backsheets like innovative transparent variants. The company exports its products to over 50 countries.
6. Premier Energies Limited
Premier Energies Limited, headquartered in Hyderabad, is among the top integrated solar PV manufacturers in India. Founded in the year 1995 by Surendarpal Singh Saluja, Premier Energies specialises in high-efficiency solar modules and solar cells. The company also provides EPC, O&M and IPP services. It is known for owning and operating India’s first LEED Gold-rated solar manufacturing facilities.
PEL offers a wide range of solar cells and modules, including Mono PERC, N-Type TOPCon bifacial and half-cut glass backsheet options. The company exports to over 30 countries, with a dominant position in solar cell exports.
7. Goldi Solar Private Limited
Goldi Solar Private Limited, headquartered in Surat, is one of India’s fastest-growing solar module manufacturers. Founded in the year 2011, the company is known for its focus on premium quality, innovation and aggressive scaling. Apart from manufacturing solar modules and cells, it also provides EPC, independent power producer and O&M services.
Goldi Solar offers high-efficiency, robust and DCR-compliant modules like Mono PERC, TOPCon and HJT bifacial. The company launched India’s first AI-powered 14 GW solar facility in 2025.
8. Satvik Green Energy Limited
Satvik Green Energy Limited, headquartered in Gurugram, is a fast-growing Indian solar PV manufacturer. Founded in the year 2015, the company focuses on high-efficiency modules and backward integration. It has also diversified into other solar products like solar inverters and EPC services. Satvik’s main manufacturing facility is located at Ambala, Haryana, which is one of the largest single-location facilities of its kind in India.
Satvik Green Energy offers a wide range of high-efficiency, DCR-compliant and ALMM-approved modules like N-Type TOPCon, Mono PERC and bifacial, along with on-grid inverters and solar pumps. Its EPC services cover rooftop and utility projects.
9. Rayzon Solar Private Limited
Rayzon Solar Private Limited, headquartered in Surat, is among the fastest-growing solar module manufacturers in India. Founded in the year 2017, Rayzon Solar has swiftly risen to prominence through advanced technology adoption, aggressive expansion and a focus on quality. The company has rapidly scaled it production capacity from 40 MW in 2018 to the current multi-GW status.
Rayzon Solar offers advanced high-efficiency modules like Mono PERC, N-Type TOPCon and bifacial for commercial, residential and utility segments. The company exports to USA, Europe and Middle East.
10. Gautam Solar Private Limited
Gautam Solar Private Limited, headquartered in New Delhi, is an innovative solar PV module manufacturer known for its patented technologies and high-efficiency products. Founded in the year 1997, Gautam Solar is particularly strong in DCR-compliant modules for government projects.
Gautam Solar specialises in high-efficiency modules, known for UV-resistance and robust performance in harsh conditions. The company also provides EPC services for rooftop solar and utility projects.
Conclusion
Solar power is central to India’s energy transition and net-zero goals. The cumulative installed solar capacity of the country is over 130 GW. Rajasthan, Gujarat and Maharashtra account for over 50% of India’s solar capacity.