Top 5 ALMM Listed Best Solar Panel Companies in 2024

The Ministry of New and Renewable Energy (MNRE) provides the list of Approved List of Models and Manufacturers (ALMM). In this, our government publishes information about solar modules and cells eligible for government agencies, net metering projects, solar subsidy schemes, etc.

In a regular interval, the updated list is published. The latest ALMM List was published on 28th August 2024.

The list contains some important information such as the name of the manufacturer, location of the manufacturing facility, BIS registration No, enlisted capacity (MWs / Year), type of module, module efficiency (%), validity, etc. However, the validity is subject to valid BIS Registration. Otherwise, it will be delisted. 

In this article, you will get some of the best solar panel companies from where you can get DCR solar panels.

Top 5 Solar Panels Manufacturers

As of now, there are a total of 97 solar manufacturers who are registered in the ALMM list. According to a report published by Mercom India, 2.67 GW of solar module capacity was added to ALMM. From them, here you will get the top 5 solar manufacturers below:

1. Tata Power Solar Systems Ltd

    Tata Power Solar Systems Ltd is one of the most trusted solar panel manufacturers in India founded in 1989. It was a joint venture of Tata Power and BP Solar. The location of the manufacturing facility is Sy No. 43P and 44(P), Electronic City, 2nd Stage, Consisting Hosur Road, Bangalore-560100, Karnataka. The BIS registration number is R-62001090. The company’s manufacturing capacity is 577 MW per year.

    • Types of Modules:  Tata Power Solar company mainly manufactures Mono c-Si PERC Modules. Here, you may also like to learn about different types of solar panels that other manufacturers produce.
    • Module Efficiency Range: The efficiency rate of modules ranges between 19.11%-21.36.
    • Cells: The number of cells in modules differs from model to model. The company mainly makes models with 108, 120, 132, 144, or 156 half-cut cells. 

    If you stay in Howrah, then you may contact a solar company in Howrah for the installation. You can check if they are providing solar panels from these top brands.

    2. Vikram Solar Ltd

      Vikram Solar Ltd is a South India-based solar models manufacturer company founded in 2006. The manufacturing plants are in West Bengal and Chennai. For the Chennai-based plant and the West Bengal-based plant, the capacities are respectively 1099 MW/year and 1325 MW/year.

      • Types of Modules: This company mainly manufactures Mono c-Si PERC Modules and Bifacial Mono c-Si PERC Modules of solar panels.
      • Module Efficiency Range: The efficiency rate of the modules ranges between 19.04% and 21.57%.
      • Cells: Vikram Solar mainly makes modules with 72, 120, 132, 144, or 156 half-cut cells.

      3. Saatvik Green Energy Private Ltd

        Saatvik Green Energy Private Ltd is one of the best solar panel companies in India. The solar panel manufacturing capacity of the company is 566MW/year. 

        • Types of Modules: Saatvik Green Energy manufactures Mono C-Si PERC Modules of solar panels.
        • Module Efficiency Range: The efficiency rate of the modules’ range lies between 19.09%-21.29%.
        • Cells: Saatvik Green Energy makes polycrystalline and monocrystalline, mono-PERC half-cut, and bifacial N-TOPCON cells. They make modules with 36, 48, 54, 60, or 72 full cells and 72, 108, 120, 132, 144, or 156 half-cut cells.

        If you are a resident of Hooghly, you have to ask your solar company in Hooghly to install the solar panels of these top manufacturers.

        4. Waaree Energies Ltd

          Founded in 1989, Waaree Energies Ltd is one of the most trusted and renowned solar module manufacturers in India. It has three manufacturing plants in Gujarat. The capacity of the plants is different for these 3 facilities: 8524 MW/year, 1095 MW/year and 1156 MW/year. 

          • Types of Modules: Mono C-Si PERC Module, Bifacial Mono C-Si PERC Modules, N TOPCon Module and N TOPCon Module(Bifacial) are the different types of modules manufactured by Waaree Energies Ltd. These modules work on both on-grid systems and off-grid systems.
          • Module Efficiency Range: The efficiency of modules rate ranges between 19.32%-22.53%.
          • Cells: This manufacturer mainly makes modules with 120, 132, 144, and 156 half-cut cells.

          Are you looking to rescue your electricity bills in a hospital, then you can also choose any of these solar panels for hospitals for quality assurance.

          5. Gautam Solar Pvt Ltd

            Established in 1998, Gautam Solar Pvt Ltd is one of the best solar panel companies with more than 25 years of experience in the solar industry. Solar panels of Gautam Solar are included in the ALMM list. It has a solar panel manufacturing capacity of 319 MW per year. 

            • Types of Modules: Gautam Solar generally manufactures Mono c-Si PERC Modules and N-type TOPCON solar modules.
            • Module Efficiency Range: The efficiency range of the modules lies between 19.03%-21.29%.
            • Cells: This company manufactures full-cut panels with 36, 42, 48, 54, 60, 66, 72, 78  and half-cut panels with 96, 108, 120, 132, 144, 156 half-cut cells.

            For solar installations in Asansol, you can contact a solar company in Asansol that installs solar panels of top brands to ensure the best performance.

            If you are planning to set up a solar system for your residence, you can buy the panels from any of the above-mentioned manufacturers. You can rely on the quality of the products of these best solar panel companies. These best solar panel companies are significantly contributing to the adoption of solar energy across the country. For the latest and updated ALMM list, you can visit the website of MNRE.

            John Rogers