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Solar PV Panels

As of mid‑2025, India’s installed solar capacity has surged to approximately 116 GW, making it one of the global leaders in solar energy adoption. In June 2025 alone, India added a record 5.4 GW of solar capacity, bringing the national total to 116.3 GW.


Electrical energy is a basic need today, and its demand is increasing worldwide. Also, the need for an alternate source of energy has gained importance, and solar energy is a renewable energy backed by the government's ambitious green energy targets. While ReNova offers installation and services, key competing brands in India’s solar panel, heater, and lighting space include all industry players with Rayzon, Waaree, Luminous, and many more..

Study Coverage: This study includes brief information about key products in the global solar panel followed by an overview of important segments and benefits. It also highlights the industry growth rates, different types, and applications.
 

Segmentation:

​By Type, the solar panel is divided into the Monocrystalline, Polycrystalline, Bifacial and thin-film solar panels.

By application, the solar panel industry is divided into On-Grid Solar Panels and Off-Grid Solar Panels.

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On-Grid Solar Systems: On-grid solar systems, also known as grid-tied systems, are connected to the public electricity grid. This type of system enables you to use solar energy when available and draw power from the grid when solar power production is low

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Off-Grid Solar Systems: Off-grid solar systems are completely independent from the electricity grid. These systems are ideal for remote locations or for users looking for energy independence.

Based on end-user, the solar panel industry can also be segmented into Residential, Commercial, Industrial, Utilities, Space & Defense, and others.

N-Type TOPCon

  • Harvest energy from both sides with advanced bifacial cells, ideal for high-reflectivity sites.

  • 144 half-cut N-type TOPCon cells deliver high efficiency, thermal stability, and low degradation.

  • Durable glass-to-glass design resists PID, UV, and harsh weather with a sleek finish.

  • Extended Warranty Support

  • ✔ 30 Years Linear Performance Warranty

  • ✔ 15 Years Product & Workmanship Warranty

  • Optimized for Output

  • ➤ Anti-Reflective (AR) Coating

  • ➤ Positive Power Tolerance (0 to +4.99 W)

  • ➤ Current Binning to prevent mismatch loss in arrays

Bifacial Technology

  • Dual-Side Generation

  • Generates power from both front and rear, delivering up to 25% more energy output.

  • Glass-to-Glass Strength

  • Durable double-glass design ensures long-lasting performance and environmental resistance.

  • Higher Yield per m²

  • Optimized for reflective surfaces, ideal for ground-mounts and trackers.

  • Reliable & Robust

  • ✔ PID & UV resistant

  • ✔ Handles up to 5400 Pa front / 2400 Pa back loads

  • Smart Investment

  • Boosts ROI with increased efficiency, especially when combined with TopCon cells.

Mono PERC

  • High efficiency up to 21% with reliable monocrystalline PERC cells.

  • Stable, cost-effective performance for residential and commercial setups.

  • Rear PERC layer boosts light capture for better energy output.

  • Lightweight, slim design ideal for rooftops and space-constrained areas.

  • Cost-Effective Solution

  • Balanced between performance and affordability, offering great value for mainstream projects.

  • Certified & Durable

  • ✔ Certified to IEC & ISO standards

  • ✔ Resistant to harsh weather and degradation

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