Mercom's India Solar Market Leaderboard 1H 2024: Market Shares and Profiles

Mercom’s India Solar Market Leaderboard report covers market shares and rankings across the Indian solar supply chain in the first half (1H) of the calendar year (CY) 2024. It provides the most accurate and comprehensive coverage of India’s solar industry leaders.

The report highlights notable shifts in the market share of solar companies during 1H 2024, a record-setting period for India’s solar sector driven by the commissioning of several delayed projects, spurred by a substantial decline in module prices.

In 1H 2024, thirty-seven companies entered the top ten rankings across various categories. These companies did not feature among the top ten in the first half of 2023, underscoring a highly competitive solar market with substantial opportunities for growth.

Also, our Market Share Tracker, which gives insights into your competitors and their growth rates on a quarterly basis, is available in an excel format.

The report covers:

  • Top Utility-Scale Solar Developers
  • Top Rooftop Solar Developers
  • Top Large-Scale Solar EPC Companies
  • Top Solar Inverter Suppliers
  • Top Solar Module & Cell Suppliers
  • Top Solar Module and Cell Manufacturers
  • Top Solar Module Exporters
  • Top Solar Tracker Suppliers
  • Top Solar Module Mounting Structure Suppliers
  • Top Open Access Solar Developers
  • Top Robotic Solar Module Cleaning Equipment Suppliers

Companies Covered in the report include:

Adani Green Energy | ReNew | O2 power | ACME Solar | NTPC Renewable Energy | Torrent Power | Ayana Renewable Power | Aditya Birla Renewables | Avaada Energy | Azure Power | Tata Power | NLC India Green Energy | Greenko | AMPIN Energy Transition | Juniper Green Energy | Sukhbir Agro Energy (SAEL) | SJVN Green Energy | Tata Power Solar | Roofsol Energy | Havells India | Kalpa Power | Mahindra Solarize | Amplus Solar | Evolve Solar | Orb Energy | Fourth Partner Energy | Ratan Green Energy | CleanMax Enviro Energy | Sunsure Energy | Hinduja Renewables | Candi Solar | Jakson Green | Gensol Engineering | Ashoka Buildcon | InSolare Energy | Amara Raja Infra | Waaree Renewable Technologies | Addwatt Power Solutions | KEC International | LNB Renewable Energy | Sterling and Wilson | Rays Power Infra | BELECTRIC | Sungrow Power Supply | TBEA Energy India | Huawei Technologies| TMEIC | FIMER India | Sineng Electric | Ginlong (Solis) Technologies | Growatt New Energy | NingBo Deye Inverter Technology | SOFAR | SolaX Power | GoodWe | SMA Solar | Hitachi Hi-Rel Power Electronics | Jinko Solar | LONGi Green Energy Technology | Waaree Energies | GCL Systems Integration New Energy | Trina Solar | Adani Solar | Premier Energies | JA Solar | Saatvik Green Energy | Rayzon Solar | Vikram Solar | Emmvee Photovoltaic Power | Insolation Energy | Astronergy New Energy | Lianyungang Shenzhou New Energy | Solarspace Technology | Canadian Solar | Risen Energy | ReneSola | Econess Energy | Shandong Ronma Solar | Honyu Technology | Shandong Ronma Solar | Solar N Plus | Tongwei Solar | Pahal Solar | REC Solar | Dongguan Sunworh Solar | Pixon Energy | Alpex Solar | Senza Solar | Znshine Solar | Citizen Solar | Innovative Solar Solution | First Solar | Aiko Solar | Jetai New Energy | Jiangsu Zhongrun Solar Technology/Solarspace | Anhui Yingfa Deshseng | Guangdong Jinwan Gaojing | DMEGC Magnetics | Goldi Solar | Cosmic PV Power | Future Solar | Jakson Solar | Indosol Solar | Luminous Power Technologies | Credence Solar | Pandit Deendayal Energy University | AatmaNirbhar Solar | Icon Solar-en Power Technologies | GreenBrilliance Renewable Energy | Nyalkaran Energy | Beempow Energy | RenewSys India | HR Solar Solution | Jupiter International | Bharat Heavy Electricals | Euro Multivision | Bharat Electronics | Central Electronics | Arctech | GameChange Solar | Nextracker | Scorpius Tracker | Mahindra Susten | SmartTrak Solar System | L&T Construction | Photon Solar | Ganges Internationale | Deccan Energy | Goodluck India | Strolar Mounting Systems | Raydean Industries | Metalkraft Forming Industries | MTE Structures | ISHKON Industries | SMS Solutions | RPK Green | Guru Fabrications | Purshotam Profiles | SNS Corporation | Bhavita Engineering | Ecoppia | AM Green Energy | Serentica Renewables | Brookfield Energy | Continuum Green Energy | Sembcorp | LEAPTING | Vayu Solar | Airtouch Solar | Aegeus Technologies | Langfang Sol-Bright Photovoltaic Technology | Solar-LIT | Taypro | Solabot Technologies | Skilancer Solar | Restech Technologies (BloKleen Solar) |

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