Four Fast Growing Indian Brands Performing Solar Panel Installation

by Rani Das Student

India is famous for many things: rich cuisine, ancient culture, linguistic diversity and more. However, there’s one awesome aspect about this country that no one thinks about - the fact that it receives over 300 days* of good sunlight every year. Capitalizing on this opportunity, several companies have gotten into the business of solar panel installation in India.

Here are four of the fastest growing ones:

Mahindra Susten

Part of the multi-billion dollar Mahindra group, Mahindra Susten is a relatively new, but rapidly growing company in the solar industry. They have a vast product portfolio ranging from utility scale solar to distributed solar to rooftop solar. Recently, they have been producing high quality SWPs (solar water pumps) mainly for agricultural use. They also operate as solar IPPs (independent power producers) in some locations. Susten’s sister company Teqo takes care of the maintenance aspect for all types of renewable energy plants.

Tata Power Solar

Tata was one of the first companies to get into solar panel installation in India, way back in the 1980s. They specialize in grid-tied systems but also offer off-grid solutions. One of their biggest projects is at Anantapur, Andhra Pradesh, with a capacity of 100MW and helping offset 110,000 tons of CO2 per annum. Tata Power Solar has a massive utility scale portfolio of around 1.5 GW.

Loom Solar

Headquartered in Faridabad, Loom Solar recognized the potential for rooftop solar installations for residential use. At the moment, 91% of rooftop installations are done in commercial projects while just 9% are done for households. Loom is changing this by offering competitively priced panels which anyone can easily purchase and install. Apart from panels they also sell inverters, batteries and panels.

Vikram Solar

While the Vikram group has been in existence for over 40 years, they ventured into solar in 2006. They sell many types of panels, including both mono crystalline and polycrystalline silicon technologies. Their EPC division has commissioned over 1355 MW of projects in India and abroad. Their O&M division is currently servicing 660 MW worth of projects. They are one of the few solar providers in India to have their own manufacturing facility, with special imported equipment from USA, Japan, Germany & Switzerland.

Renewable energy is going to be one of the main drivers of economic growth in the next two decades. Governments worldwide have realized the need to phase out and completely replace fossil fuels to reverse manmade climate change. Considering that the Indian government has set a target of 175 GW* of solar energy by March 2022, it sure looks like there is plenty of room for growth for these companies working in solar panel installation in India.