Best Solar Panels 2024 | Top Solar Panel Companies in India

Discover the best solar panels 2024 and top solar panel companies in India. Learn about manufacturers of solar panels in India with expert reviews.

Best Solar Panels 2024 Comparison Chart



Mono Perc - Half Cut
Solar Panel

Mono Perc - Half Cut -M10 Solar Panel

Mono Perc - Half Cut
Bifacial M10 Solar Panel

Topcon M10 & M12
Solar Panel

Topcon M10 & M12
Bifacial Solar Panel

Best Solar Panels 2024

WAAREE Solar Panel 450 Watt
WAAREE 540Wp 144 Cells Mono PERC Solar Module
WAAREE 540Wp 144Cells Framed Dual Glass Mono PERC Bifacial Module

TOPCon Single Glass Mono-Facial Module
Loom Solar Panel Shark 575W TOPCon Bifacial

Efficiency

20% to 20.5%

20% to 21%

21% (Normally)
23% to 24% (with bifacial effect)

22% to 23%

23% to 24% (Normally)
25% to 26% (with bifacial effect)

Power Generation Capacity

400 Watt to 450 Watt

530 Watt to 560 Watt

530 Watt to 560 Watt
with bifacial effect it may increase significantly

560 to 580 Watt (with M10)
650 to 700 Watt (with M12)

560 to 580 Watt (with M10)
700 to 800 Watt (with M10 bifacial effect)

650 to 700 Watt (with M12)
800 to 900 Watt (with M12 bifacial effect)

Average Waranty Period

30 Years Performance Warranty with Waaree

12 Years Product Warranty & 27 Years Power Output Warranty with Waaree

12 Years Product Warranty & 30 Years Power Output Warranty with Waaree

Depend on the Manufacturer

25 year performance warranty with Loom Solar

Advantage

  • Less Electrical Loss

  • They still produce electricity even if half part of it gets covered with shadow

  • Less chance of hairline cracks development

  • High-efficiency design
    M10 half-cut modules

  • Enhanced in low light
    and high temperature

  • Ideal for all projects

  • Maximizes commercial benefits, lowers LCOE

  • Split junction box enhances heat dissipation

  • Improved tolerance to shading

  • Best thermal coefficients

  • Lower LCOE

  • Improved temperature stability

  • PID resistance

  • Enhanced low-light performance

  • Increased mechanical load

  • Minimizes shading energy loss

  • Dual-sided electricity generation

  • Zero light degradation (LID)

  • Premium, durable materials

  • Easy, cost-effective & Space-saving installation

Approx. Price in 2024
(price may tend to change with time*)

Rs 22 to Rs 25 per watt

Rs 22 to Rs 25 per watt

Rs 21 to Rs 22 per watt

Rs 24 to Rs 25 per watt

Rs 25 to Rs 28 per watt

Current Price

Currently Out Of Stock

Solar Panels to Avoid in 2024

As of today,

  • flexible solar panels,
  • Transparent Solar Panels (see-through solar panels),
  • BIPV solar panels placed over windows of buildings,

These are all worthless solar panels, neither their efficiency is good nor their practical usage is that much.

And along with them,

  • poly crystal solar panels are also called poly solar panels
  • mono perc solar panel without half cut cells.

Buying them in 2024 will be a loss making deal due to their low efficiency. Yes, we can get them in the market at a very low price. But what is the use of their low price if they cannot convert sunlight into electricity that efficiently. They will be able to produce a maximum of four units of electricity only. That is why we will not waste your time in talking about them in this article.

Certification to Check Before Buying an Solar Panel

BEE Labelled Solar Panels

Nowadays solar panels with BEE labeled star rating are also available in the market. But as of now, companies have the freedom to put these labels on their solar panels if they want. If they don’t want to, they can also not put it. And, due to this reason maximum companies are avoiding putting BEE label. They don’t want to show whether their product is certified by BEE or not, so that the real truth of their panel is not revealed to the general public.

ALLM Approved Solar Panel

The Ministry of New and Renewable Energy has said that if any solar panel is used in a government project, it must be ALLM approved. So if you are also looking for a solar panel for your home, then keep in mind that the government agency is preferring only ALLM approved solar panels. You should also choose only ALLM approved solar panels for your home.

BIS Approved Solar Panel

Bureau of Indian Standards (BIS) certificate is given to any appliance only when it meets the criteria set by the approved agency. Therefore, you should buy only BIS approved solar panels for your home. Because even if there is an appliance, it is approved, that is, it has met all the criteria and then it has received that BIS certificate.

Subsidy on DCR Panels vs Non-DCR Panels

DCR i.e. Domestic Content Requirement DCR panels are those panels which are completely made in India. That is, all its components and parts are made in India and assembled in India. However, solar panels imported from outside of India, comes in the category of non-DCR panels

You only get subsidy on DCR panels. That is, those which are made in India and assembled in India, which are imported from outside. That is, you will not get subsidy on them i.e., on non-DCR panels.

However, With Non-DCR panels you get to see their cost a little less than DCR panels but due subsidy on DCR panels, they become almost identical in terms of price.

P-Type Vs N- Type Solar Panel

Nowadays, there are two types of solar panels available in 2024. One is N type solar panel, one is P type solar panel. You should prefer N type solar panel because it is more efficient than P type solar panel. They have long life and low degradation is seen. That is, the production of electricity does not decrease significantly with time in N-Type solar panel.

Best Solar Panels Available in 2024

No.5: Mono Perc – Half Cut Solar Panel

Mono Perc - Half Cut Solar Panel

Best for Indian Homes

WAAREE Solar Panel 450 Watt
  • Efficiecy:  20 to 20.5 percent

  • Power Generation Capacity: 400 to 450 watts

  • less electrical loss

  • They still produce electricity even if half part of it gets covered with shadow

  • Less chance of hairline cracks development

  • Approximate Price in 2024: Rs 22 to Rs 25 per watt

No.4: Mono Perc – Half Cut M10 Solar Panel

Mono Perc - Half Cut-M10 Solar Panel

Best for Indian Homes

WAAREE 540Wp 144 Cells Mono PERC Solar Module
  • Efficiecy:  20 to 21 percent

  • Power Generation Capacity: 530 to 560 watts

  • High-efficiency design M10 half-cut modules

  • Enhanced in low light and high temperature

  • Ideal for all projects

  • Approximate Price in 2024: Rs 22 to Rs 25 per watt

No.3: Mono Perc – Half Cut Bifacial M10 Solar Panel

Mono Perc - Half Cut Bifacial M10 Solar Panel

Best for Indian Homes

WAAREE 540Wp 144Cells Framed Dual Glass Mono PERC Bifacial Module
  • Efficiecy:  21% (Normally) and 23% to 24% (with bifacial effect)

  • Power Generation Capacity: 530 Watt to 560 Watt but with bifacial effect it may increase significantly

  • Maximizes commercial benefits, lowers LCOE

  • Split junction box enhances heat dissipation

  • Improved tolerance to shading

  • Best thermal coefficients

  • Approximate Price in 2024: Rs 21 to Rs 22 per watt

No.2: Topcon Solar Panel – M10 AND M12

Topcon M10 & M12 Solar Panel

Best for Indian Homes

TOPCon Single Glass Mono-Facial Module
  • Efficiecy:  22 to 23 percent

  • Power Generation Capacity: 560 to 580 Watt (with M10) and 650 to 700 Watt (with M12)

  • Lower LCOE

  • Improved temperature stability

  • PID resistance

  • Enhanced low-light performance

  • Increased mechanical load

  • Approximate Price in 2024: Rs 24 to Rs 25 per watt

Check Online Price   

No.1: Topcon Solar Panel – bifacial – M10 AND M12

Topcon M10 & M12 Bifacial Solar Panel

Best for Indian Homes

TOPCon Single Glass Mono-Facial Module
  • Efficiecy:  22 to 23 percent but with bifacial effect it raise pto 25 to 26 percent

  • Power Generation Capacity: 560 to 580 Watt (with M10) and 650 to 700 Watt (with M12)

  • Power Generation Capacity with bifacial effect: 700 to 800 Watt (with M10) and 800 to 900 Watt (with M12)

  • Minimizes shading energy loss

  • Dual-sided electricity generation

  • Zero light degradation (LID)

  • Premium, durable materials

  • Easy, cost-effective & Space-saving installation

  • Approximate Price in 2024: Rs 25 to Rs 28 per watt

Top Solar Panel Manufacturers in India 2024

  • Tata Power Solar
  • Adani Solar
  • Loom Solar Pvt. Ltd.
  • Waaree Energies Ltd.
  • Servotech Power System ltd.
  • Vikram Solar
  • Goldi Solar
  • Saatvik Green Energy Pvt. Ltd.
  • Renewsys India
  • Patanjali

*Important Advice for Solar Panel Installation*

Try to get your solar panel, solar inverter, solar battery and control installed from the same vendor. Lets, suppose your solar panel is installed by one vendor and solar inverter is from another vendor, and in case any fault occurs in the entire solar panel system, in the future when the vendor comes to repair the panel, he will say that the fault is in your solar inverter. Our panel is absolutely fine and similarly if someone comes to repair the inverter, he will find fault in the panel and your query or the issue remains unsolved.

But if you get it installed from a single vendor, then in case if he will not be able to find the fault. and now, because he has installed the whole system and he will repair it for you and then only leave.

Additional Advise, if the whole system products belongs to the same company, then also it will be very profitable for you. Because the company cannot blame anyone else that the problem is coming due to this component. In case any fault occurs in the future, then they will have to fix it. So its better, if you get it installed from one vendor only and if possible, get all the things installed from one company only, whether it is a solar panel or a solar inverter, solar battery, controller and other components as well.

Important Points to Consider While Installing an Solar Panel

  • The structure on which the solar panel stands must be made of strong galvanized steel.
  • India is located in the Northern Hemisphere, so it will be best. If your solar panel is installed in the South direction, by this maximum sunlight will fall on it, and due to which it will produce the maximum electricity.
  • There should not be any shade of any kind i.e., of a building, a tree or a stand on the solar panel. If there is any shade then it will not be able to produce electricity properly.

Angle Of Solar Panel Installation

Angle Of Best Solar Panels 2024 Installation

The angle of solar panel installation refers to the tilt at which solar panels are positioned. This tilt is critical as it determines how effectively the panels can capture sunlight to generate electricity. The optimal tilt angle varies based on your location and how you intend to use the solar panels.

Typically, solar panels are tilted to maximize their exposure to sunlight throughout the day. This angle is chosen to ensure the panels receive the maximum amount of sunlight, especially around midday during winter. By setting the panels at the right angle, you can increase their efficiency in converting sunlight into electricity, making your solar system more productive.

lets understand it with practical example:

  • In J&K, Punjab, Himachal Pradesh, Uttarakhand preferable angle for solar panel is 30 degree to 35 degree.
  • In Rajasthan, Utter Pradesh, Delhi, Haryana, and Bihar preferable angle for solar panel is 24 degree to 30 degree.
  • In Gujrat, Madhya Pradesh, Jharkhand, West Bengal (its neighboring state), Maharashtra, Chhattisgarh and Orissa preferable angle for solar panel is 18 degree to 24 degree.
  • In Karnataka, Tamil Nadu, Andhra Pradesh, Telangana, and Kerala preferable angle for solar panel is 12 degree to 18 degree.

Which brand solar panel is best in India?

Several top solar panel brands in India include Tata Power Solar, Adani Solar, Loom Solar, Waaree Energies, Servotech Power System, Vikram Solar, Goldi Solar, Saatvik Green Energy, Renewsys India, and Patanjali. Choosing the best brand depends on specific project needs such as efficiency, durability, and budget.

What is the latest solar panel technology 2024?

In 2024, the latest solar panel technology includes TopCon M10 and M12 bifacial panels, which are considered among the best options available.

Which solar panel last longer?

Half-cut solar panels are often more durable than traditional panels. By splitting cells into halves, they reduce internal resistance and are less prone to microcracks and power loss over time. This design enhancement contributes to longer-lasting performance and increased reliability in various weather conditions.

What type of solar panel is best?

in 2024, Topcon bifacial M10 and M12 solar panels are considered the best type currently available. They offer high efficiency and utilize advanced technology to generate electricity from both their front and rear surfaces, maximizing energy production.

Which watt solar panel is best for home?

For home installations, solar panels ranging from 500W to 600W are optimal. These panels produce more electricity, making them suitable for homes with higher energy demands. Consider your roof space and budget when selecting the best panel size for your residential needs.

Which is the No 1 solar panel company in India?

Tata Power Solar leads India’s solar panel sector with high-quality products and a strong commitment to renewable energy. Known for reliability and innovation, they offer panels for both residential and commercial projects, setting industry standards nationwide.

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