Solar panels absorb sunlight and convert it into electricity. Solar energy will be the next big thing in the coming days, because of increasing fuel and electricity prices have been troubling everyone for a long time now. Solar power system can easily last up to 20 – 25 years if maintained properly. Solar panel manufacturers in India have already realized the immense potential that solar energy has.
The practical implementation of solar panels has made it possible to run not just households, but also industries on solar power with these experienced & power efficient solar companies in India.
ADANI SOLAR
Adani Solar is among India’s renowned solar power manufacturing brands, registered as Mundra Solar PV Ltd. It is a part of Adani enterprises; they have manufacturing capacity of 3.5 GW. The product ranges are multi solar panel, mono solar panel, bifacial solar panel.
| Operating Revenue | Over INR 500 cr |
| EBITDA | -57.49 % |
| Networth | 12.17 % |
| Debt/Equity Ratio | 1.79 |
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ECE (INDIA) ENERGIES PRIVATE LIMITED
ECE India Energies Private Limited is a fastest-growing solar manufacturing firm that was established in 2010. ECE has executed 200+ MW worth of solar projects, it’s manufacturing unit is located in Amaravti.
| Operating Revenue | INR 1 cr – 100 cr |
| EBITDA | -3.72 % |
| Networth | 54.20 % |
| Debt/Equity Ratio | 1.90 |
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GOLDI SOLAR PRIVATE LIMITED
Goldi Solar is located in Surat and it is pioneer in manufacturing solar modules. It is headquartered in Surat. this solar giant expanded its manufacturing capacity to 2.5 GW and has plans of still expanding it to 5 GW in the coming years.
| Operating Revenue | INR 100 cr – 500 cr |
| EBITDA | 57.81 % |
| Networth | 17.32 % |
| Debt/Equity Ratio | 1.34 |
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NAVITAS GREEN SOLUTIONS PRIVATE LIMITED
Navitas Green Solutions Pvt. Ltd. was founded in 2013 in Jaipur, Rajasthan.
Navitas provides range of integrated solar solutions for both urban and rural sectors
| Operating Revenue | INR 100 cr – 500 cr |
| EBITDA | 19.96 % |
| Networth | 26.55 % |
| Debt/Equity Ratio | 1.75 |
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PREMIER ENERGIES LIMITED
Premier Energies is one of the leading companies in the solar industry with two decades of experience, founded in 1995. It serves end-to-end solar solutions in India and over 30 countries globally, it has a fully integrated 750+ MW solar module line.
| Operating Revenue | Over INR 500 cr |
| EBITDA | 32.76 % |
| Networth | 23.37 % |
| Debt/Equity Ratio | 0.27 |
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RENEWSYS INDIA PRIVATE LIMITED
RenewSys Solar is manufacturer of integrated solar modules, it is the manufacturing unit of the Enpee Group based in Nigeria. The company operates globally, over 40 countries. It has its facility centers located in Mumbai, Bangalore, and Hyderabad.
| Operating Revenue | Over INR 500 cr |
| EBITDA | 142.96 % |
| Networth | 9.13 % |
| Debt/Equity Ratio | 0.05 |
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TATA POWER SOLAR SYSTEMS LIMITED
Tata power solar Ltd. is one of the most reliable brands, it carries the legacy of the Tata Group and serves globally in over 100 countries. Its manufacturing firm is pledge to providing sustainable energy solutions that are innovative and affordable to everyone.
| Operating Revenue | Over INR 500 cr |
| EBITDA | 17.14 % |
| Networth | 40.49 % |
| Debt/Equity Ratio | 1.06 |
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VIKRAM SOLAR LIMITED
Vikram Solar is Kolkata based Indian company, founded in 2006. In a short span of time, company has managed to make space in top solar companies in India. The company has successfully completed the projects of worth 1.42 GW in India and serves over 32 countries across the globe.
| Operating Revenue | Over INR 500 cr |
| EBITDA | 49.53 % |
| Networth | 12.32 % |
| Debt/Equity Ratio | 1.33 |
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WAAREE ENERGIES LIMITED
Founded in the year 1989, Waaree Energies Ltd. is located in Mumbai. It has its presence in 350+ cities in India and 68 internationally. The company aims to deliver high-quality products to its customers at affordable prices.
| Operating Revenue | Over INR 500 cr |
| EBITDA | -14.30 % |
| Networth | 15.84 % |
| Debt/Equity Ratio | 0.36 |
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