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Looking to buy solar panels for homes, offices, shops, and commercial spaces in 12V/24V at an affordable price range? In the past few years, solar panels (PVs), the 'carbon-free' technology that converts sunlight directly into electricity, have grown rapidly. Since rooftop solar is being installed on roofs and building facades in developed countries, PV Modules are becoming an integral part of consumers' daily lives.
People living in sunny countries will increasingly live in solar houses or receive their electricity from large solar power plants. The Solar Power Industry is set for an exciting future in the 21st century because many governments are passionate about promoting renewable electricity as a part of the 21st century's energy mix.
What is a Photovoltaic Module?
The term photovoltaic is applied to describe the conversion of light into electricity using semiconductor materials. This last is a typical definition of photovoltaics though it would be a little bit deeper, we find that we can separate the terms into two parts. Photo which comes from the term Photons and Voltaics. On the one hand, photons are a bundle of electromagnetic energy. The very basic unit of light you can think of is the very basic unit of nature called an elementary.
On the other hand, we have the word Voltaics, making reference to the concept of electricity. This term originally came from the famous Italian physicist Alessandro Volta, a pioneer on electricity and power. He was credited as the inventor of the electrical battery.
What are the applications of solar panels in India?
The applications of solar panels are primarily used for three major purposes: to reduce electricity bills, to generate electricity, and as an investment opportunity. For Tier 1 and Tier 2 cities of India, solar panels are being installed on rooftops to reduce electricity bills by up to 80% through grid-connected solar systems. Whereas in Tier 3 cities, solar panels are being installed to generate electricity to get power supply 24*7 and anywhere through hybrid solar systems or stand-alone solar systems. At Loom Solar, we have installed solar panels at over 50,000 homes and businesses across India, including rural and remote areas.
Individual Home | Builder Floor | Farmhouse | Villas |
Group Housing Society | Restaurants | Shop | School |
Hotel |
Office |
Showroom |
Hospital |
Warehouse |
Petrol Pump | Water Pump | Factory |
Atta Chakki | Rice Mill | Traffic Control Device | Water Level Checking |
CCTV Camera | Street Lights | Telecom Signal | Business |
Advantages and Disadvantages of Solar PV Systems
Advantages | Disadvantages |
Renewable Energy. Inexhaustible | Weather dependent, performance less |
It has multiple applications. | High Initial Costs (~₹1,80,000/3kW) |
It requires very little maintenance, hence low care costs. | Requires Sufficient Space (~180sq.ft./3kW) |
Easy and Fast to install on a house | Average Efficiency (20-22.3%) Mono PERC & TOPCon Cells |
It reduces Electrical Power Bills. Free Energy. | |
Electrical Independance. Absolute control over your expenses. | |
Saves 0.514 kg of CO2 emitted into the atmosphere. (worldwide average) |
Why Should You Install Solar Panels?
The benefits of solar panel installation are to solve frequent power cuts in rural areas, to reduce rising electricity bills of homes and businesses as well as to run flour mill & water pump motors directly on solar energy. Some of our consumers are also installing solar panels to generate extra income from their idle rooftops while also contributing to the better future of the nation for the coming generation.
The benefits of solar panels include power cuts, electricity bills, diesel costs, investment opportunities, and pollution reduction.
How do Solar Panels Work?
Many consumers want to know how solar panels work. So, we have gained in-depth knowledge about this topic. According to the ResearchGate research website, "The amount of energy in the form of heat and radiation is called solar energy. Shown in Fig. 1. It is radiant light and heat from the sun that is a natural source of energy that uses a range of ever-changing and developing technology such as solar thermal energy, solar architecture, solar heating, molten salt power plants, and artificial photosynthesis.
Read more...
Types of Solar Panels in India
The technology of solar panels is changing year-on-year across the world. In the last 6 years, solar panel wattages have gone from 250W to 575W. In 2018, the maximum wattage of 24V solar panels was 250 W, but in 2024, it increased to 575 W. Generally, there are two main types of solar panels in India: Polycrystalline and Monocrystalline.
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In India, there are two main types of solar panels: monofacial and bifacial.
1. Bifacial Solar Panel: It is the latest technology solar panels which generate electricity from both sides – front & back side.
2. DCR Solar Panel: The DCR solar panel is comprised of components such as solar cells, that are all made in India. On installing the solar panels, the Indian government provides a subsidy of up to 40%. Loom Solar is an Indian-origin solar company, which introduced 520W Mono perc, 10 Bus Bar Half cut technology solar panel in India, which can generate more power from compact space. This solar panel is only installed with an on-grid solar system for which the Indian government has provided a national rooftop solar portal.
3. TOPCon Solar Panel: TOPCon (Tunnel Oxide Passivated Contact) technology is the trending solar cell technology that aims at increasing solar panel efficiency. The solar industry is witnessing rapid advancements in technology aimed towards achieving higher efficiency and better performance of solar components.
Bi-Facail vs. Mono PERC vs. Polycrystalline Solar Panel
Criteria |
Bi-Facail Panels |
Mono PERC Panels |
Poly Crystalline panels |
Efficiency |
20.22% |
High efficiency 19-22% |
Less efficiency 14-17% |
Design & Looks |
Made of solar bifacial cells |
Made of single silicon cells – all cells are black |
Made of multiple silicon cells – looks blueish |
Space |
Occupies less rooftop space |
Occupies less rooftop space |
Takes more space |
Performance |
Performs max. 25% |
Performs 30% better even in low light & same space |
Low efficiency in cloudy weather |
Price |
Competitive |
Expensive |
Relatively low price |
Degradation |
Less Degrade in a Long Time |
Less Degrade in a Long Time |
Max. Degrade in a Long Time |
Learn more: Solar Cell Efficiency
What are the parameters for PV Module Testing?
Not surprisingly, most of the electrical parameters of a PV module closely reflect those of its solar cells. However, the efficiency of a module, measured in standard conditions of bright sunlight (1000 W/m2 at 25 degrees C, AM1.5 spectrum), is slightly less than that of the constituent cells because the cells do not fill the module’s area and there are small power losses as sunlight passes through the top cover and encapsulated.
Read more...
Nominal power | 570-700 Wp |
Open-circuit voltage | 50.50 V |
Short-circuit voltage | 14.30 A |
Voltage at maximum power | 43.0 V |
Current at maximum power | 13.38 A |
Power reduction per degree C | 0.45% |
Voltage reduction per degree C | 0.33% |
Length | 2278 mm |
Width | 1134 mm |
Weight | 32.5 kg |
Efficiency | 22.30% |
What is the new policy for solar rooftops in India in 2024?
As per the current population, India has approx. 34 crore homes (total population ~ 139 crore). According to the latest information by our government, they have a plan to install solar rooftops in 1 crore homes through the subsidy scheme. They have officially announced that every solar consumer will get a Rs. 50,000 subsidy amount. It’s great news for residential consumers. But the main question is, how many homes are eligible for the subsidy scheme? According to solar professionals, 75% of homes have a 1 kW sanctioned load, and 25% of homes have a 3 kW or above sanctioned load. That means only 25% of homes (8.5 crore homes) are eligible for solar subsidy schemes.
Learn more: Solar Panel Scheme & Registration Process
How much do solar panels cost in 2024?
The cost of the solar panel depends on the capacity, the technology that was used to build it, the model, the quality, manufacturer, and brand. A range of solar panel capacities is available, including 10W, 20W, 55W, 225W, 455W, 550W and 575W.
Solar System Size | Price Range |
1kW - 3kW Solar System |
₹60,000/kW |
4kW - 10kW Solar System | ₹55,000/kW |
11kW - 50kW Solar System | ₹50,000/kW |
51kW - 100kW Solar System | ₹40,000/kW |
Above 100kW Solar System | ₹30,000/kW |
As of 2024, the price of a single solar panel in India will range from ₹25 to ₹30 per watt, including taxes, while the price of a solar panel that is 1 kW will be between Rs. 25,000 and Rs. 30,000, including GST and transportation.
Read more...
Cost of 12V Solar Panel in SHARK 225W:₹8,750 |
Cost of 24V Solar Panel in SHARK 440W Monofacial:₹10,000 |
Cost of 24V Solar Panel in SHARK 450W Bifacial:₹10,500 |
Cost of 24V Solar Panel in SHARK 575W - 700W TOPCon:₹13,500 |
Here are the latest solar panel prices by Indian solar panel manufacturers from 10 watts – 575 watts. Apart from panel price, you may click here to compare various models of loom solar
Last Updated on:
Solar Panel Ratings | Price | Per Watt Price |
Loom Solar 10W, 12V Panel | ₹1,000 | ₹100 |
Loom Solar 20W, 12V Panel | ₹1,500 | ₹75 |
Loom Solar 55W, 12V Mono PERC Panel | ₹3,000 | ₹54.54 |
Loom Solar 225W, 12V Mono PERC Half Cut Panel | ₹11,225 | ₹38.88 |
Loom Solar 455W, 24V Monofacial Panel | ₹10,000 | ₹21.97 |
Loom Solar 455W, 24V Bifacial Panel | ₹10,500 | ₹23.33 |
Loom Solar 550, 24V Mono PERC Half Cut | ₹13,000 | ₹23.63 |
Loom Solar 575W, 24V N-type TOPCon Bifacial, 16BB Panel | ₹13,500 | ₹23.47 |
Price by Capacity
Capacity | Grid-Connected | Stand-alone |
1kW | ₹60,000 | ₹1,00,000 |
2kW | ₹120,000 | ₹2,00,000 |
3kW | ₹1,80,000 | ₹3,00,000 |
4kW | ₹2,20,000 | ₹4,00,000 |
5kW | ₹2,75,000 | ₹5,00,000 |
10kW | ₹5,50,000 | ₹10,00,000 |
Notes/ disclaimer
- The prices mentioned above are the best price available for each product across all shops and online stores
- Price may vary from store to store and from place to place based on tax rates
- Prices shown above are with original bills and manufacturer warranty
Solar Panel under 5,000 | Solar Panel under 10,000 | Solar Panel over 25,000 |
What Does It Cost to Install Solar Panels?
An installation of home solar panels starts at ₹50,000, where you convert your existing inverter battery into one that uses solar power. A small solar system can run essential household appliances such as fans, coolers, lights, and mobile chargers, but if you plan to install a one-kilowatt solar panel, your investment will be higher. A unit costing between ₹60,000 and ₹1,00,000 can run all household appliances except air conditioners and water pumps.
Read more...
There are two main types of rooftop solar systems: grid-connected systems and off-grid systems. The government subsidy scheme - PM Surya Ghar - allows consumers to install rooftop solar through a connected solar system and receive a ₹30,000 subsidy amount for a 1kW system. Based on solar system types and installation quality, solar panel installation for home purposes costs between ₹60,000 and ₹1,80,000.
We realize that the initial investment for a solar rooftop is high, but we provide solar loan facilities for any kind of solar system. Consumers are required to pay only 20% down, and the rest will be repaid in monthly installments.
What to consider when buying solar panels for your home
There are broadly 6 features in a solar panel that are available in the Indian Markets.
1. Solar Panel Size – Smaller Solar panels will occupy less space on the rooftop. Hence, a smaller size solar panel will cost more.
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2. Solar Panel Technology – Mono Crystalline Solar cells are the purest raw material to make Solar PV Module, the Power generation is higher for Mono Perk Crystalline cells in sunny, cloudy, and monsoon weather.
3. Frame thickness – After Solar Cells, frame thickness is the second raw material that impacts on the build quality of a solar panel. A Solar panel may have a 30 mm – 45 mm frame thickness made of Aluminum structure.
4. Connecting wires - Solar panels are connected in either Series or parallel connection to make an array, An Array is a form in which multiple solar panels are connected, Hence, the solar must come with at least a 1-meter wire and with IP 68 Junction box that makes it water and dust proof.
5. Unbreakable Glass- A solar pane will have solar cells, an aluminium frame, and transparent glass, The foldable solar panel will have foldable glass that has fewer chances to break.
Are bifacial solar panels worth it?
Bifacial solar panels are the latest technology solar panels that generate electricity from both sides of the panel – front & back side. The solar cell construction of this solar panel is different from polycrystalline and monocrystalline solar panels. They offer many advantages over traditional solar panels. These can be framed or frameless solar panels.
How to Install Solar Panels at Home?
Solar panels should be installed by professional installers. Any mistake in installing solar panels will lead to lesser efficiency and loss in power generation.
The standard solar panel installation cost is between ₹8 to ₹12 per watt depending upon location, the distance between the panel and inverter, and weather the installation is off in the on-grid solar system or off-grid solar system. We have installed solar panels in over 50,000 homes across India. Here is the list of solar panel installation stories with unique applications.
How to connect a 24v solar panel to a 12v battery?
The selection of solar panels is based on voltage range, which is available in 10W, 20W, 40W, 50W, 75W, 125W, and 200W with 12V solar panels, which are used to charge a single battery of 12V. But for double inverter battery (24V inverter battery), a 24V solar panel will be used. Loom Solar provides 24V Shark 445 Mono Perc, Shark 550W, Mono Per, Bifacial, Shark 550 W Solar Panel, and 520W DCR Solar Panels.
A solar panel is used for battery charging and saving electricity bills for homes and offices. A battery is a collection of cells that stores power. All lead acid batteries come in 12V and are rechargeable batteries. Now, the basic concept of battery and solar panels is 12V battery should be charged by a 24V solar panel. But there is some confusion – if we need to connect the solar panel and battery directly, then the battery will get damaged after full charge. Here, we can use a charge controller or inverter.
Learn more: Government Solar Panel Manufacturer in India (DCR)
How many solar panels are needed to run a house?
People prefer to install a solar system for its low maintenance and low electricity bill. Many standalone houses are now going solar as monthly electricity bills are high. For a 3-4 BHK house running a refrigerator, washing machine, 3-4 light/ bulbs, fans, iron, etc. 4 Shark solar panels (22% efficiency level) will be enough. A 2.5 kVA solar system (one inverter and two batteries) is generally enough for such houses.
Maintenance of Solar Panels
Solar panels are low-maintenance products, however, it is important to clean solar panels regularly to clear off the dust particles that accumulate on them. A Cleaner solar panel might generate up to 25% more power. The cost of maintaining solar panels is near zero (0) or a few hundred rupees a year. Most solar panels have silicon cells laminated and framed on them which ensures long life and less maintenance. Cleaning and washing solar panels are a must for longevity and retaining efficiency.
- Keep Solar panels out of the shade
- The best way to clean the solar panel is by using soft cloths, shampoo, or detergent
- Clean in a way that it may not scratch the glass
Solar Loan / EMI Options
To facilitate the homeowners looking to avail of loan or EMI solutions for Solar power solutions, Loom Solar has set up a dedicated team to help streamline the entire process this summer season.
According to a statement issued here, as the festive season is all set to knock, customers also are gearing up to make their sort after purchase of various household items, utility appliances, and gifts for friends and family also things that become more pronounced are home loans, car loans, EMIs on various products etc. It’s time to celebrate and make the long-awaited purchase. The Avg. interest rate of solar loans is 8.50% to 15% for home and business rooftop solar panel installation.
Top 10 Solar Panel Manufacturers (Companies) in India
India is the world’s 3rd biggest market of solar modules with 150 solar panel manufacturers in the country with 10 GW Manufacturing capacity and a Home of 35 GW Installation of solar panels. Here is the list of the Top 10 solar companies selected based on Manufacturing Capacity, Bankability, Sales Revenue, Brand Value, and Year of Service in the industry.
Which is the Best Solar Panel in India?
The majority of people are installing solar for the first time, and many of the brand names are new. There are a number of high quality and some less expensive options available, so it can be difficult to know how to compare your options.
We have reviewed thousands of solar panels over the past decade. They are the best solar panels on the market because they are made by an automated manufacturing process using high quality materials from start to finish, from the glove that binds it to the silicon cells that collect the sun's energy.
A high efficiency rate means that the panels are able to capture and convert more sunlight. A product with an efficiency rating over 22% is considered to be one of the best in the industry.
Type of PV Cells | Efficiency |
Tandem | 29% to 32% |
HJT | 26.84% |
TOPCon | 24% |
MONO PERC | 23% |
Monocrystalline | 21% |
Polycrystalline | 16% |
Thin flim | 16% |
The Top Solar Panels are durable; they are capable of surviving golf ball-sized hail, hurricane force winds, and over 100 pounds of pressure per square foot. Their design allows them to continue producing near their peak regardless of the outdoor temperature. Furthermore, they will provide high levels of electricity for 25 years or longer without degradation.
New Subsidy Scheme on Solar Panels
According to the latest government notification, the solar subsidy to be given by the government is 40% for rooftops of up to 3 KW capacity and 20% beyond that up to 10 KW will be credited to the account of the householder by the Discom within 30 days of the installation.
How to Sell Solar Panels?
In this post, we are going to talk about how one can have a successful solar business. This is specifically for our dealers and partners and others who want to make the most of the growth rate in the solar industry.
Solar Companies near me
To install solar panels, the policy and procedure is different in every state in India for all types of solar systems be it On Grid, Off Grid, or Hybrid solar systems. The subsidies provided by the governments are different, for some states, the subsidy is provided by the state + central government, for some states, it is provided by just the state government and in some states it is provided by the central government. This is the main problem for the consumer when installing solar panels. Indian-origin company Loom Solar, a company that has been working on rooftop solar since 2018 has options for the consumer which help the consumer to select the best solar system for their homes.
FAQs About Solar Panel
Q: What is a solar panel?
Ans: A solar panel, also called a PV module or solar plate, makes electricity from sunlight. It is made up of many solar cells. When several of these PV modules are linked together in series or parallel, they form a solar panel.
Q: How to make a solar panel?
Ans: Solar panels are made from many solar cells, each producing 0.5 volts and 10 amps. These cells are connected together based on the power needed and placed into a frame, which includes a junction box. To make a solar panel, about 6-7 different materials are needed. In India, two main types of solar panels are made: DCR and Non-DCR. Fully automatic factories are being set up to produce these panels.
Q: How many solar panels are required for a home?
Q: Which solar panel is best for home?
Q: How much electricity does a solar panel produce?
Ans: A 1 kW solar panel can make about 4-5 units of electricity per day. If it works at full power for around 300 days in a year, it will produce about 1,200 to 1,500 units of electricity each year. Using this, you can guess how much electricity your solar system will make. You can also check the expected monthly solar energy for your location with this tool: https://pvwatts.nrel.gov/.
Q: How many types of solar panels are there?
Ans: There are different types of solar panels available in India, with efficiency ranging from 16% to 26.84%. These include Polycrystalline, Monocrystalline, and Mono PERC panels, which can be either monofacial or bifacial. After Mono PERC, panels like TOPCon and HJT types are only available in bifacial models. The choice depends on your installation area and budget.
What’s the cost of a 1kW solar panel?
In India, a 1kW solar panel system costs between ₹60,000 and ₹1,00,000. This price covers everything you need, like the panels, batteries, inverter, installation, and other parts. The final cost can change depending on the type of panels, how efficient they are, and how complex the installation is.
How much does one solar panel cost?
Is 1 kW enough to run a house?
Is 2 kw enough to run a house?
How much solar panel is required for 1.5-ton AC?
How much kW is required for 2 AC?
How much load for 3 AC?
How many ACs can run in 5kW?
Can I run 1.5-ton AC on 1kW meter?
How many kW is a 1.5-ton AC load?
What is the cost of a 3 kW solar panel?
How long do residential solar panels last?
PV module life depends on several factors, including climate, module type, and the racking system used, among others. Learn more...
What is the Indian government scheme for solar panels?
The Indian government has introduced a scheme for solar panel installation on roofs called PM Surya Ghar Muft Bijli Yojana that provides subsidies worth up to ₹78,000. Learn more...
What is the efficiency rating of solar cells?
Typical solar panel efficiencies range from 21% to 23% for residential systems while more costly solar panel systems can be as high as 26.84% to 32%.
What is the price of solar panel?
The price of solar panels can vary depending on several factors. These factors include the capacity of the rooftop solar system, technology of the panels, location of the installation, and any additional features or accessories. On average, the cost of a solar panel system can range from ₹35,000 to ₹60,000 for a typical residential, commercial & industrial installation.
1. How many KW Solar Panels do I need for my home?
2. Do Solar Panels Work During the Night or Monsoon?
3. What is the Average Lifespan of a Solar Panel?
4. How much 1 kW solar panel power generates and how much space it takes in the installation?
5. Can the solar panel be installed without an Inverter and battery for day use?
6. Can I run a ceiling fan directly from solar panels during the daytime?
7. How is the efficiency of the solar panel calculated?
8. Where can I buy Solar Panels in India?
9. How to make a solar panel?
10. Which are the best solar panel brands available in India?
11. What are some important features to consider when buying a solar panel?
12. How much is the price range of solar panels?
13. Can I purchase a solar panel on EMI?
14. Which solar panel is the best for a home & business?
15. Which Solar Panel Is Best For Business?
16. What are the disadvantages of having solar panels?
17. What is the cost of a 1kW solar panel?
18. How many solar panels do I need to power my house?
19. What are the 3 types of solar panels?
20. What are the 2 problems with solar panels?
21. What is the lifespan of a solar panel?
22. Which is the best solar panel company?
23. How many ACs can run in a 3kW solar system?
24. Why install solar panels in commercial and industrial sectors?
Solar Panel Price in Top Cities of India
Solar Panel Prices in India are updated by the Loom Solar team regularly. Solar Panel costs are revised after charging the price of any solar panels. Here, we have taken the price of a super high-efficiency PV module - Shark 550W Mono PERC, Half Cut Technology PV Module. Solar Panel Price Updated on: