India’s renewable energy ambitions, aiming for 500 GW of non-fossil fuel capacity by 2030, rely heavily on solar power as a key driver. The Approved List of Models and Manufacturers (ALMM) by the Ministry of New and Renewable Energy (MNRE) ensures that only high-quality, domestically produced solar photovoltaic (PV) modules are used in government-backed initiatives, such as the PM Surya Ghar: Muft Bijli Yojana, which targets rooftop solar installations in 10 million households by 2027. This article highlights the top 25 ALMM-listed solar panel manufacturers in India for 2025, with renowned names like Orient Solar playing a vital role.
Below is a curated list of the top 25 ALMM-listed solar panel manufacturers in India based on the ALMM List-I - May 2025 and industry prominence. Each company is described briefly, focusing on its operations, technologies, and contributions to India’s renewable energy landscape.
These ALMM-listed manufacturers are instrumental in advancing India’s clean energy objectives, which include achieving 500 GW of renewable energy capacity by 2030, with solar power contributing a significant share. Their contributions can be summarized as follows:
The ALMM initiative mandates the use of domestically produced solar modules in government-supported projects, reducing reliance on imports and fostering self-reliance under the Atmanirbhar Bharat initiative. Manufacturers like Adani Solar, Waaree Energies, and Vikram Solar have scaled up production capacities to meet this demand, creating jobs and strengthening the domestic solar supply chain. By producing high-quality modules with efficiencies ranging from 19% to over 23% (e.g., ReNew’s RPS2MH72BD590 at 23.61%), these companies ensure that India’s solar projects are powered by reliable and efficient technology.
The collective manufacturing output of these top 20 companies contributes significantly to India’s installed solar capacity, which stood at approximately 82 GW in 2024 and is projected to grow rapidly. Companies like Tata Power Solar and Premier Energies supply modules for large-scale solar farms, while others like Loom Solar and Bluebird Solar cater to the burgeoning rooftop solar market. This dual focus supports both utility-scale and distributed solar generation, aligning with India’s goal of diversifying its energy mix.
Manufacturers are investing in advanced technologies such as Mono PERC, TOPCon, and bifacial modules, as seen in the ALMM listings (e.g., Ganesh Green Bharat’s SGTP144BG-605 and Australian Premium Solar’s APSTM-580/144). These innovations improve energy yield and reduce the levelized cost of electricity (LCOE), making solar power more competitive with fossil fuels. Additionally, companies like FS India Solar Ventures are exploring niche technologies like thin-film modules, expanding the range of solutions available for India’s diverse climatic conditions.
Many of these manufacturers produce modules tailored for off-grid and rural applications, contributing to India’s goal of universal energy access. For instance, ORB Energy and ECE India Energies offer modules with capacities suitable for small-scale installations, enabling electrification in remote areas where grid connectivity is limited.
By supplying high-quality solar modules, these manufacturers help displace coal-based power generation, a major source of India’s carbon emissions. The increased adoption of solar energy, facilitated by their production, supports India’s commitment to reducing carbon intensity by 45% by 2030 under its Nationally Determined Contributions (NDCs) to the Paris Agreement.
The PM Surya Ghar Muft Bijli Yojana, with a budget of ₹750.21 billion (~8.9 billion), aims to install rooftop solar systems in 10 million households by 2027, providing up to 300 units of free electricity per month. The ALMM-listed manufacturers play a critical role in the success of this scheme, as follows:
The PM Surya Ghar Muft Bijli Yojana mandates the use of ALMM-listed modules to ensure quality and support domestic manufacturing. All 20 manufacturers listed above are included in the ALMM List-I (May 2025), making their modules eligible for use in the scheme. For example, Bluebird Solar’s high-efficiency modules (up to 22.99%) and Loom Solar’s compact panels are ideal for residential rooftops, ensuring reliable performance for households.
The scheme’s ambitious target requires a robust supply chain capable of delivering millions of solar panels. Manufacturers like Waaree Energies, Adani Solar, and Tata Power Solar, ADM Solar with their large-scale production facilities, are well-positioned to meet this demand. Their ability to produce modules in high volumes ensures that the scheme can scale rapidly across urban and rural areas.
The PM Surya Ghar scheme relies on Urban Local Bodies (ULBs) and Panchayati Raj Institutions (PRIs) to promote and implement rooftop solar installations. Manufacturers collaborate with these local bodies by providing technical support, training, and awareness campaigns. For instance, companies like Vikram Solar and Emmvee Photovoltaics engage with local communities to educate households about the benefits of solar energy, facilitating the scheme’s grassroots adoption.
The scheme offers Central Financial Assistance (CFA) and allows state governments to provide additional subsidies, making rooftop solar systems more affordable. Manufacturers contribute by offering competitively priced, high-efficiency modules that maximize energy output per unit cost. For example, ORB Energy’s Orb455M120-15 (21.01% efficiency) and ECE India’s ECE132T520 (21.92% efficiency) provide cost-effective solutions for households, aligning with the scheme’s goal of affordability.
The Innovative Projects Component of the PM Surya Ghar Muft Bijli Yojana encourages advancements in solar technology and business models. Manufacturers like Premier Energies and Rayzon Solar are developing lightweight, aesthetically pleasing modules tailored for residential rooftops, enhancing consumer appeal. These innovations support the scheme’s objective of making solar energy accessible and attractive to millions of households.
Despite their contributions, ALMM-listed manufacturers face challenges such as supply chain disruptions, raw material costs, and the need for continuous technological upgrades. However, these challenges also present opportunities:
The top 25 ALMM-listed solar panel manufacturers in India are at the forefront of the country’s clean energy revolution. Their significant manufacturing capacities, commitment to quality, and adoption of advanced technologies are driving India’s progress towards its 500 GW renewable energy target by 2030. By supplying high-quality, domestically produced modules for the PM Surya Ghar: Muft Bijli Yojana, these manufacturers, including Orient Solar, are enabling millions of households to access clean, affordable electricity, reducing carbon emissions, and fostering energy independence. As India continues to prioritize renewable energy, these companies will remain critical partners in achieving a sustainable and self-reliant energy future.
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