Code: MTA1733 | Publication Date: Feb 2025 |
In India, microgrids are playing a crucial role in bridging the energy gap and supporting rural electrification efforts. They provide clean and reliable electricity to remote areas that are not connected to the main grid. Moreover, microgrids also help in decreasing transmission losses and enhancing overall energy efficiency.
Many key players have contributed to the growth of the India microgrid market through their innovative solutions and technologies. These players have focused on providing affordable as well as sustainable energy solutions to rural communities. Leading players have a key role to play in the expanding share of the microgrid market in India.
Moreover, international collaborations have also played a major role in the market success. Several companies from developed countries have partnered with Indian firms to bring advanced microgrid technologies into the country. This exchange of knowledge and expertise has helped accelerate the adoption of microgrids in India. According to 6Wresearch, the India Microgrid Market size is expected to rise at a CAGR of around 6.4% during the forecast period 2025-2031
Company Name | Tata Power Solar Systems Ltd. |
Establishment year | 1989 |
Headquarter | Bangalore, India |
Official Website | Click Here |
Tata Power Solar Systems Ltd. is a leading solar solutions provider in India with a strong presence in the microgrid industry. The company was established in 1989 and has since then been at the forefront of providing sustainable energy solutions to its customers. Tata Power Solar offers a wide range of products and services including solar photovoltaic systems, solar water pumps, rooftop solar solutions, and microgrids.
Company Name | Astronergy/Chint Solar (India) Pvt. Ltd. |
Establishment year | 2006 |
Headquarter | New Delhi, India |
Official Website | Click Here |
Astronergy/Chint Solar (India) Pvt. Ltd., a subsidiary of Chint Group Corporation, is one of the top manufacturers of solar products in India. The company was founded in 2006 and has since then been providing high-quality solar solutions to its customers. Astronergy offers a wide range of products including solar modules, inverters, charge controllers, and microgrids.
Company Name | Waaree Energies Ltd. |
Establishment year | 1989 |
Headquarter | Mumbai, India |
Official Website | Click Here |
Waaree Energies Ltd. is one of the oldest and most experienced solar solutions providers in India. The company was established in 1989 and has since then been a pioneer in the Indian solar industry. Waaree offers a wide range of products including solar panels, inverters, batteries, and microgrids.
Company Name | Kirti Solar Pvt. Ltd. |
Establishment year | 2006 |
Headquarter | New Delhi, India |
Official Website | Click Here |
Kirti Solar Pvt. Ltd., established in 2006, is a renowned manufacturer of solar products in India. The company has a strong presence in the microgrid market and offers a range of solar solutions including panels, inverters, batteries, and microgrids. Kirti Solar is known for its high-quality products and excellent customer service.
Company Name | Vikram Solar Pvt. Ltd. |
Establishment year | 2006 |
Headquarter | Kolkata, India |
Official Website | Click Here |
Vikram Solar Pvt. Ltd., founded in 2006, is one of the top manufacturers of solar products in India. The company has established itself as a leader in the Indian solar industry by providing innovative and sustainable energy solutions to its customers. Vikram Solar offers a wide range of products including solar panels, inverters, batteries, and microgrids.