India’s commitment to renewable energy has given rise to a host of innovative green energy startups. These companies are leveraging technology and sustainability to create eco-friendly solutions that address the growing energy demands while reducing environmental impact. Here’s a detailed look at the top 10 green energy startups in India that are making significant strides in this sector.
Table of Contents
1. ReNew Power
| Feature | Description |
|---|---|
| Founded | 2011 |
| Key Focus | Wind, solar, and hydro projects |
| Capacity | Over 10 GW of installed capacity |
| Geographical Presence | Pan-India |
| Technology | Advanced renewable energy technologies |
| Partnerships | Strong strategic partnerships with global players |
| Financial Backing | Supported by major investors like Goldman Sachs |
| Awards | Recognized for leadership in renewable energy |
| Sustainability | Commitment to reducing carbon footprint |
| Community Impact | Engages in community development and sustainability projects |
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ReNew Power is one of the leading renewable energy companies in India, focusing on wind, solar, and hydro projects. Founded in 2011, it has rapidly expanded its portfolio and plays a significant role in India’s green energy landscape.
Key Features:
- Diverse portfolio of wind, solar, and hydro projects.
- Strong financial backing and strategic partnerships.
- Significant contribution to India’s renewable energy capacity.
2. Greenko Group
| Feature | Description |
|---|---|
| Founded | 2006 |
| Key Focus | Wind, solar, and hydro energy projects |
| Capacity | Over 6 GW of installed capacity |
| Geographical Presence | Operations across multiple states in India |
| Innovation | Pioneering in energy storage and grid management solutions |
| Technology | Integration of advanced energy management systems |
| Sustainability | Focus on long-term environmental impact |
| Financial Backing | Supported by investors like GIC and ADIA |
| Projects | Large-scale renewable energy projects |
| Community Engagement | Involvement in local community initiatives |
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Greenko Group is a prominent player in India’s renewable energy sector, specializing in wind, solar, and hydro energy projects. Founded in 2006, Greenko is known for its innovative storage solutions and grid management technologies.
Key Features:
- Integrated renewable energy solutions.
- Advanced energy storage and grid management.
- Large-scale renewable energy projects across India.
3. Azure Power
| Feature | Description |
|---|---|
| Founded | 2008 |
| Key Focus | Solar power solutions |
| Capacity | Over 2 GW of installed capacity |
| Geographical Presence | Projects across 23 states in India |
| Innovation | Cost-effective solar energy solutions |
| Technology | Utilizes latest solar panel and tracking technologies |
| Financial Backing | Strong investor base including IFC and Helion Ventures |
| Awards | Recognized for leadership in solar power |
| Sustainability | Commitment to reducing carbon emissions |
| Community Impact | Focus on rural electrification and community development |
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Azure Power is a pioneer in the solar power industry in India, offering clean and affordable solar energy solutions. Founded in 2008, Azure Power has developed, constructed, and operated numerous solar projects across the country.
Key Features:
- Extensive portfolio of solar power projects.
- Focus on providing cost-effective solar solutions.
- Strong commitment to sustainability and innovation.
4. CleanMax Solar
| Feature | Description |
|---|---|
| Founded | 2011 |
| Key Focus | Commercial and industrial solar power |
| Capacity | Over 500 MW of installed capacity |
| Geographical Presence | Projects in India and internationally |
| Innovation | Rooftop and ground-mounted solar solutions |
| Technology | Cutting-edge solar technology and solutions |
| Financing | Innovative financing models for solar projects |
| Sustainability | Focus on sustainable business practices |
| Partnerships | Collaborates with leading corporations |
| Community Impact | Engages in sustainable community development initiatives |
Also Read :Top 10 Sustainable Startups in india
CleanMax Solar is India’s largest provider of solar power for the commercial and industrial sectors. Founded in 2011, the company focuses on rooftop and ground-mounted solar solutions.
Key Features:
- Leader in commercial and industrial solar power.
- Emphasis on rooftop and ground-mounted solar projects.
- Innovative financing models to make solar energy accessible.
5. Orb Energy
| Feature | Description |
|---|---|
| Founded | 2006 |
| Key Focus | Affordable solar solutions for residential, commercial, and industrial customers |
| Capacity | Hundreds of MW installed capacity |
| Geographical Presence | Strong presence in rural and semi-urban areas |
| Innovation | Affordable solar water heating and photovoltaic systems |
| Technology | Uses advanced solar technology to provide cost-effective solutions |
| Financial Backing | Supported by investors like Acumen Fund and Bamboo Finance |
| Awards | Recognized for innovation in solar energy |
| Sustainability | Commitment to making solar energy accessible and affordable |
| Community Impact | Focus on improving energy access in underserved communities |
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Orb Energy provides affordable solar energy solutions for residential, commercial, and industrial customers. Founded in 2006, Orb Energy aims to make solar power accessible to everyone, particularly in underserved markets.
Key Features:
- Comprehensive solar solutions for various sectors.
- Focus on affordability and accessibility.
- Strong presence in rural and semi-urban areas.
6. Hero Future Energies
| Feature | Description |
|---|---|
| Founded | 2012 |
| Key Focus | Wind, solar, and rooftop solar projects |
| Capacity | Over 1.5 GW of installed capacity |
| Geographical Presence | Projects across India and international markets |
| Innovation | Diversified renewable energy solutions |
| Technology | Advanced technologies for wind and solar energy generation |
| Financial Backing | Part of the Hero Group, ensuring strong financial support |
| Sustainability | Commitment to reducing environmental impact |
| Awards | Recognized for contributions to renewable energy |
| Community Impact | Involvement in various community and sustainability initiatives |
Also Read :Top 10 ClimateTech Startups in India
Hero Future Energies, part of the Hero Group, focuses on wind, solar, and rooftop solar energy solutions. Founded in 2012, the company aims to become a leading player in India’s renewable energy sector.
Key Features:
- Diverse portfolio including wind, solar, and rooftop projects.
- Backing of the Hero Group, providing strong financial support.
- Commitment to expanding renewable energy capacity.
7. Oorjan
| Feature | Description |
|---|---|
| Founded | 2014 |
| Key Focus | End-to-end solar solutions for residential and commercial sectors |
| Capacity | Hundreds of MW installed capacity |
| Geographical Presence | Strong presence in urban areas |
| Innovation | User-friendly platform for solar project management |
| Technology | Integrates latest solar technology with user-friendly interfaces |
| Financing | Offers innovative financing and leasing options |
| Awards | Recognized for making solar energy accessible |
| Sustainability | Focus on promoting sustainable energy practices |
| Community Impact | Engages with local communities to promote solar energy adoption |
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Oorjan is a solar technology startup that provides end-to-end solutions for residential and commercial solar projects. Founded in 2014, Oorjan leverages technology to simplify solar adoption.
Key Features:
- User-friendly platform for solar project management.
- Focus on residential and commercial sectors.
- Innovative financing and leasing options.
8. Inficold
| Feature | Description |
|---|---|
| Founded | 2015 |
| Key Focus | Solar-powered cold storage solutions |
| Innovation | Innovative cold storage technology using solar energy |
| Technology | Advanced cooling technology optimized for solar integration |
| Target Market | Agriculture and food supply chains |
| Capacity | Numerous cold storage units installed |
| Sustainability | Focus on reducing post-harvest losses and improving food security |
| Financial Backing | Supported by investors focused on sustainable technologies |
| Awards | Recognized for innovation in cold storage solutions |
| Community Impact | Helps farmers and food suppliers reduce waste and improve profitability |
Also Read :Top 10 Drone Startups in india
Inficold offers innovative cold storage solutions using solar energy. Founded in 2015, the company addresses the need for sustainable and efficient cold storage, particularly in the agricultural sector.
Key Features:
- Solar-powered cold storage solutions.
- Focus on reducing post-harvest losses.
- Applicable in agriculture and food supply chains.
9. ZunRoof
| Feature | Description |
|---|---|
| Founded | 2016 |
| Key Focus | Smart solar rooftop systems with IoT integration |
| Capacity | Thousands of residential and small commercial installations |
| Innovation | Combines solar technology with IoT for smart energy management |
| Technology | Uses advanced solar panels and IoT devices for monitoring and control |
| User Interface | Offers a user-friendly app for energy management |
| Financial Backing | Supported by investors like Godrej Family Fund |
| Awards | Recognized for innovation in smart solar solutions |
| Sustainability | Promotes energy efficiency and sustainability through smart technology |
| Community Impact | Focus on making solar energy accessible to urban households |
Also Read :Top 10 Smart City Startups in india
ZunRoof provides smart solar rooftop systems integrated with IoT technology. Founded in 2016, ZunRoof aims to revolutionize the solar rooftop market with its smart energy solutions.
Key Features:
- Smart solar rooftop systems with IoT integration.
- Emphasis on residential and small commercial sectors.
- User-friendly app for monitoring and managing energy usage.
10. Amplus Solar
| Feature | Description |
|---|---|
| Founded | 2013 |
| Key Focus | Large-scale solar projects for industrial and commercial customers |
| Capacity | Over 800 MW of installed capacity |
| Geographical Presence | Projects across India and Southeast Asia |
| Innovation | Innovative solar solutions tailored for industrial applications |
| Technology | Utilizes advanced solar technology for large-scale energy production |
| Financial Backing | Acquired by Petronas, ensuring strong financial support |
| Sustainability | Commitment to reducing carbon footprint and promoting green energy |
| Awards | Recognized for leadership in industrial solar solutions |
| Community Impact | Engages in various sustainability and community development projects |
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Amplus Solar is a leading provider of solar energy solutions for industrial and commercial customers. Founded in 2013, Amplus Solar focuses on large-scale solar projects and has a significant presence across India.
Key Features:
- Large-scale solar projects for industrial and commercial sectors.
- Emphasis on sustainability and reducing carbon footprint.
- Strong customer base and extensive project portfolio.
The green energy sector in India is thriving, driven by innovative startups that are committed to sustainability and technological advancement. These top 10 green energy startups are not only contributing to the country’s renewable energy capacity but also setting benchmarks for eco-friendly practices and solutions. As India continues its journey towards a sustainable future, these companies are poised to play a crucial role in shaping the renewable energy landscape.
FAQs on Green Energy Startups in India :
Q. Which Company is Leading in Green Energy in India?
ReNew Power is often considered a leading company in India’s green energy sector, with a substantial portfolio of wind, solar, and hydro projects. It is known for its large installed capacity and significant contributions to India’s renewable energy targets.
Q. Who is the Largest Producer of Green Energy in India?
Adani Green Energy Limited (AGEL) is the largest producer of green energy in India. AGEL has one of the largest renewable energy portfolios in the country, with substantial investments in solar and wind power projects.
Q. What are the Best Green Energy Stocks to Buy in India?
- Adani Green Energy Ltd (AGEL)
- Tata Power Solar
- ReNew Power
- NTPC Limited (Renewable Energy division)
- Sterling and Wilson Solar Ltd
These stocks are considered good options due to their significant investments in renewable energy and strong market positions.
Q. Who is the Entrepreneur of Renewable Energy in India?
Sumant Sinha, the founder, and CEO of ReNew Power, is a prominent entrepreneur in the renewable energy sector in India. Under his leadership, ReNew Power has become a key player in the country’s green energy landscape.
Q. Who is the Father of Green Energy in India?
While there isn’t a single individual universally recognized as the “father of green energy” in India, Dr. Pramod Deo, former chairman of the Central Electricity Regulatory Commission (CERC), is often credited for his contributions to advancing renewable energy policies and infrastructure in the country.
Q. Who is the Competitor of Adani Green Energy?
ReNew Power is one of the primary competitors of Adani Green Energy. Both companies are major players in India’s renewable energy sector, with extensive portfolios in wind and solar energy.
Q. What is the New Project of Adani Green?
Adani Green Energy is working on several new projects, including a 2 GW solar power plant in Rajasthan, which is one of the largest solar projects in the world. The company continues to expand its renewable energy capacity with various new solar and wind projects across India.
Q. How to Invest in Green Energy?
- Direct Stock Purchase: Buy shares of renewable energy companies like Adani Green Energy, Tata Power Solar, or ReNew Power through stock exchanges.
- Mutual Funds and ETFs: Invest in mutual funds or exchange-traded funds (ETFs) that focus on green energy companies.
- Green Bonds: Purchase green bonds issued by companies or governments that fund renewable energy projects.
- Crowdfunding: Participate in crowdfunding platforms that support green energy projects.
Q. Is it Good to Invest in Green Energy?
Yes, investing in green energy is considered beneficial due to the growing demand for renewable energy, supportive government policies, and the global shift towards sustainable practices. Green energy investments can offer long-term returns and contribute to environmental sustainability.
Q. Can I Buy an Adani Green Energy Share?
Yes, you can buy shares of Adani Green Energy Limited (AGEL) through major stock exchanges in India, such as the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). You will need a demat account and a trading account with a registered stockbroker to purchase the shares.
Q. Which is India’s No. 1 Solar Brand?
Tata Power Solar is often regarded as India’s No. 1 solar brand due to its extensive experience, large market share, and comprehensive range of solar solutions for residential, commercial, and industrial applications.
Q. Is Tata Power Investing in Green Energy?
Yes, Tata Power is heavily investing in green energy. The company has a significant focus on expanding its renewable energy portfolio, including solar, wind, and hydroelectric power projects. Tata Power Solar, a subsidiary, is a key player in India’s solar energy market.
