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Who is the largest solar cell manufacturer in India?

Driven by the nation鈥檚 aggressive push toward renewable energy independence. The government鈥檚 target of 500GW of non-fossil fuel capacity by 2030, supportive policies such as the PLI (Production Linked Incentive) schemes, and growing investments towards manufacturing solar modules and cells in India are stimulating market growth.聽

Additionally, increasing electricity demand in rural and semi-urban areas, the declining price of PV technology, and land availability in sunny areas may now support electricity access. Increasing usage of bifacial solar cells, thin-film technology, and grid-tied rooftop solar systems will likely grow in popularity throughout the forecast period.

List of the solar cell manufacturer in India

1. Adani Solar

A wholly-owned subsidiary of Adani Enterprises, Adani Solar is India鈥檚 largest integrated cell and module manufacturer, with around 4鈥疓W cell capacity and ambitious plans to reach 10鈥疓W PV manufacturing.

2. Vikram Solar

With a 3.5鈥疓W module capacity and significant cell production, Vikram Solar serves both utility and rooftop sectors in India and abroad.

3. RenewSys India

A vertically integrated player with 1鈥疓W cell and 2鈥疓W module capacity, RenewSys also produces encapsulants and backsheets, supplying over 40 countries.

4. Navitas Green Solutions

Navitas Green (Solex Energy) produces high-efficiency mono-PERC and TOPCon modules with around 2鈥疓W cell capacity and has a rising presence in the Indian market.

5. Saatvik Green Energy

Saatvik has a 3.8鈥疓W module capacity and produces cells and bifacial panels, targeting rapid growth through new facilities in Odisha and Gujarat.

6. Premier Energies

Premier Energies manufactures 2鈥疓W of solar cells and 3.36鈥疓W modules annually. It鈥檚 also expanding internationally, including a US plant in Minnesota.

7. Goldi Solar

Goldi Solar operates a 2.5鈥疓W module plant, expanding to 6鈥疓W and next targeting 4鈥疓W cell production. It exports to 20+ countries.

8. Waaree Energies Ltd

With over 12鈥疓W module-making capacity and integrated cell production, Waaree is one of the largest solar manufacturers. It also holds a vast dealer network and global presence.

9. Jakson Group (Jakson Solar)

Jakson makes 0.6鈥疓W of modules and solar cells, while also delivering solar EPC, gensets, and electrolyzer solutions.

10. Emmvee Group

Emmvee operates multiple plants in Karnataka, with a solar module capacity of around 6.6鈥疓W and solar cell capacity of 2.5鈥疓W. It uses advanced TOPCon technology and recently became one of only four global firms to pass the Kiwa PVEL reliability tests.

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