Tata Power Company Limited is an Indian electric utility and electricity generation company based in Mumbai, India and is part of the Tata Group. With an installed electricity generation capacity of 14,707 MW out of which 5847 MW is from Non-Conventional(Green Energy) sources rest from thermal, making it India's largest integrated power company. In February 2017, Tata Power became the first Indian company to ship over 1 GW solar modules.
Many countries and territories have installed significant solar power capacity into their electrical grids to supplement or provide an alternative to conventional energy sources. Solar power plants use one of two technologies:
BP Solar was a manufacturer and installer of photovoltaic solar cells headquartered in Madrid, Spain, with production facilities in Frederick, MD, India and the People's Republic of China. It was a subsidiary of BP.
Spain is one of the first countries to deploy large-scale solar photovoltaics, and is the world leader in concentrated solar power (CSP) production.
First Solar, Inc. is a publicly traded American manufacturer of solar panels, and provider of utility-scale PV power plants, supporting services that include finance, construction, maintenance and end-of-life panel recycling. First Solar uses rigid thin-film modules for its solar panels, and produces CdTe panels using cadmium telluride (CdTe) as a semiconductor. The company was founded in 1990 by inventor Harold McMaster as Solar Cells, Inc. and the Florida Corporation in 1993 with JD Polk. In 1999 it was purchased by True North Partners, LLC, who rebranded it as First Solar, Inc.
Solar power in India is an essential source of renewable energy and electricity generation in India. Since the early 2000s, India has increased its solar power significantly with the help of various government initiatives and rapid awareness about the importance of renewable energy and sustainability in the society. In order to decrease carbon dioxide emissions, reduce reliance on fossil fuels, with coal being the primary source of electricity for the nation at present, bolster employment, economy and make India energy independent by making self-reliant on renewable energy, the Ministry of New and Renewable Energy was formed in 1982 to look after the country's activities to promote these goals. These collaborative efforts, along with global cooperation with the help of International Solar Alliance (ISA) since 2015 for promoting solar energy worldwide while also taking care of India, have made India one of the world's fastest adopters of solar power, making it the third-largest producer of solar power globally as of 2024, after China and the United States.
For solar power, South Asia has the ideal combination of both high solar insolation and a high density of potential customers.
China is the largest market in the world for both photovoltaics and solar thermal energy. China's photovoltaic industry began by making panels for satellites, and transitioned to the manufacture of domestic panels in the late 1990s. After substantial government incentives were introduced in 2011, China's solar power market grew dramatically: the country became the world's leading installer of photovoltaics in 2013. China surpassed Germany as the world's largest producer of photovoltaic energy in 2015, and became the first country to have over 100 GW of total installed photovoltaic capacity in 2017. As of at least 2024, Chinese firms are the industry leaders in almost all of the key parts of the solar industry supply chain, including polysilicon, silicon wafers, batteries, and photovoltaic modules.
Between 1992 and 2023, the worldwide usage of photovoltaics (PV) increased exponentially. During this period, it evolved from a niche market of small-scale applications to a mainstream electricity source. From 2016-2022 it has seen an annual capacity and production growth rate of around 26%- doubling approximately every three years.
India is the world's 3rd largest consumer of electricity and the world's 3rd largest renewable energy producer with 46.3% of energy capacity installed as of October 2024 coming from renewable sources. Ernst & Young's (EY) 2021 Renewable Energy Country Attractiveness Index (RECAI) ranked India 3rd behind USA and China. In FY2023-24, India is planning to issue 50 GW tenders for wind, solar and hybrid projects. India has committed for a goal of 500 GW renewable energy capacity by 2030.
The National Solar Mission is an initiative of the Government of India and State Governments to promote solar power. The mission is one of the several policies of the National Action Plan on Climate Change. The program was inaugurated as the Jawaharlal Nehru National Solar Mission by former Prime Minister Manmohan Singh on 11 January 2010 with a target of 20 GW by 2022. This was later increased to 100 GW by Prime Minister Narendra Modi in the 2015 Union budget of India. India increased its utility solar power generation capacity by nearly 5 times from 2,650 MW on 26 May 2014 to 12,288.83 MW on 31 March 2017. The country added 9,362.65 MW in 2017–18, the highest of any year. The original target of 20 GW was surpassed in 2018, four years ahead of the 2022 deadline.
Canadian Solar Inc. is a global renewable energy company. Headquartered in Guelph, Ontario, the company manufactures solar PV modules, provides battery energy storage solutions and develops utility-scale solar power and battery energy storage projects.
Mahindra Susten is an Indian company in renewable energy industry and is part of the Mahindra Group. They are a portfolio company under the Cleantech arm of Mahindra Partners.
ReNew Energy Global plc is a decarbonisation solutions company based in India. It is the first Indian renewable energy company to be listed on NASDAQ. ReNew operates more than 140 projects spread across nine states in India. The company provides decarbonisation solutions through a mix of green hydrogen, data-driven solutions, storage, manufacturing, and carbon markets.
Lightsource BP, rebranded from Lightsource Renewable Energy in 2018, is the largest solar developer in Europe, and third largest in the world outside of China. Lightsource BP is a British company with headquarters in London, and offices in Madrid, Milan, Athens, San Francisco, Austin, Philadelphia, Mumbai, New Delhi, Cairo, Melbourne, Amsterdam, Bath, Belfast and Dublin. The company is a subsidiary of BP.
Vikram Solar Limited is an Indian company based in Kolkata. It is one of the largest solar module manufacturers in India, with 3.5 GW module manufacturing capacity annually. The company's primary business focus is manufacturing solar Photovoltaic (PV) modules, and also carrying out engineering, procurement, and construction services and operations and maintenance of solar power plants.
Shakti Sthala, also called Pavagada Solar Park is a solar park covering an area of 53 square kilometres in Pavagada taluk, Tumkur district, Karnataka. Completed in 2019, the park has a capacity of 2,050 MW. As of April 2021, it is the world's third largest photovoltaic solar park after the 2,245 MW Bhadla Solar Park in Rajasthan and 2,200 MW Huanghe Hydropower Hainan Solar Park in China. It is the second largest in India.The total project cost was ₹14,800 crore.
Jakson Group is an Indian energy and industrial technology company with corporate headquarters in Noida, Uttar Pradesh, India. The company manufactures and sells diesel generator sets and solar PV modules. Jakson operates four key businesses in India – Powergen & Distribution, Solar, EPC and Defence.
Solex Energy Limited is an Indian solar panel manufacturing company. Founded in 1995, the company is headquartered in Surat, India.
