☀️ Indian Solar Energy Stocks to Watch
The global shift towards renewable energy has spotlighted solar energy. Here’s a curated list of Indian companies leading the solar revolution—from power generation to manufacturing and storage.
Solar Power Producers (Public Sector)
NHPC is diversifying into solar energy in alignment with India’s National Solar Mission.
India’s largest power producer with an expanding green energy portfolio including multiple solar projects.
Transitioning from lignite and thermal power to solar with major investments.
Solar Power Producers (Private Sector)
Focused on renewable power for both industrial and independent clients.
Hybrid Energy Producers (Wind + Solar)
Holds one of the world’s largest hybrid renewable portfolios.
Active in solar, wind, rooftop solutions, and microgrids.
Pivoting from thermal to a renewable future.
Solar Glass Manufacturers
Leverages its glass expertise for solar panel applications.
India’s only solar glass manufacturer with recent capacity expansions.
Solar Cells
Vertically integrated solar cell and module manufacturer.
Producer of mono and multicrystalline solar cells.
Solar Modules
Manufactures modules for residential and commercial markets.
Innovative solar module producer for India’s domestic market.
Manufactures and deploys PV modules and systems.
Solar Panels
High-efficiency panel producer.
Quality and cost-effective panel manufacturer.
Solar Batteries
Major supplier of solar-compatible energy storage batteries.
Expanding into energy storage to support solar deployment.
Solar EPC
End-to-end project execution for solar energy.
Comprehensive EPC services including design and installation.
Large-scale solar EPC specialists.
Solar EPC for industrial applications.
Dual role in EPC and module manufacturing.
Solar Power Storage
Investing in grid-scale storage solutions.
Transformers (High Voltage)
Provides HV transformers for renewable grid integration.
Advanced T&D solutions for solar and wind energy.
Manufactures key transformers for efficient solar transmission.
Transformers (Low Voltage)
LV transformer supplier for solar installations.
Designs transformers tailored for solar needs.
Power Cables
Major cable supplier for renewable infrastructure.
Provides durable and efficient solar power cables.
Specialized in solar installation wiring.
Chemicals
Makes fluoro-polymers for solar glass manufacturing.
Produces polysilicon chemicals for solar modules.
Water treatment solutions essential for solar panel production.
Other Proxy Players
Produces ingot wafers for solar cell manufacturing.
Ventures into power inverters for off-grid solar.
Supplies mounting system components for solar modules.
Provides financial backing for solar energy projects.
