Discover Top 10 Renewable Energy Startups in India leading the charge in solar, wind, and electric vehicle sectors. Explore innovative companies like ReNew Power, CleanMax Solar, and Ather Energy pioneering sustainable solutions across the country. India, with its growing energy demands and environmental concerns, has been steadily advancing in the renewable energy sector. Numerous startups are emerging with innovative solutions to harness renewable energy sources. Here are ten of the most promising renewable energy startups in India.
Table of Contents
1. ReNew Power
Founded in 2011 by Sumant Sinha, ReNew Power is one of India’s largest renewable energy companies, focusing on wind, solar, and hydroelectric power. With over 10 GW of installed capacity, ReNew Power is a key player in reducing carbon emissions and increasing the share of renewable energy in India’s energy mix.
| Attribute | Details |
|---|---|
| Founded | 2011 |
| Founder(s) | Sumant Sinha |
| Headquarters | Gurgaon, Haryana |
| Primary Focus | Wind, Solar, Hydroelectric |
| Capacity | Over 10 GW |
| Notable Achievements | One of India’s largest renewable energy companies |
Founded in 2011 by Sumant Sinha, ReNew Power is one of India’s largest renewable energy companies. It focuses on wind, solar, and hydroelectric energy. With a capacity exceeding 10 GW, ReNew Power is a major player in transforming India’s energy landscape. The company is committed to reducing carbon emissions and increasing the share of renewable energy in India’s power grid.
2. CleanMax Solar
Established in 2011, CleanMax Solar specializes in providing solar power solutions to commercial and industrial customers. Headquartered in Mumbai, the company has completed over 500 projects, generating more than 500 MW of solar power. CleanMax Solar offers comprehensive services including financing, installation, and maintenance.
| Attribute | Details |
|---|---|
| Founded | 2011 |
| Founder(s) | Kuldeep Jain |
| Headquarters | Mumbai, Maharashtra |
| Primary Focus | Solar Power Solutions |
| Capacity | Over 500 MW |
| Notable Achievements | 500+ projects across India |
CleanMax Solar, founded in 2011, is a leading provider of solar power solutions to commercial and industrial customers. Headquartered in Mumbai, CleanMax Solar has established more than 500 projects across India, with a total capacity of over 500 MW. The company offers end-to-end solar solutions, including financing, installation, and maintenance, making it easier for businesses to adopt solar energy.
3. Orb Energy
Founded in 2006 by Damian Miller and NP Ramesh, Orb Energy offers solar photovoltaic systems and solar water heating solutions. Based in Bangalore, Orb Energy aims to make solar energy accessible and affordable for residential, commercial, and industrial customers, thereby promoting the adoption of clean energy in India.
| Attribute | Details |
|---|---|
| Founded | 2006 |
| Founder(s) | Damian Miller, NP Ramesh |
| Headquarters | Bangalore, Karnataka |
| Primary Focus | Solar Photovoltaic and Water Heating |
| Notable Achievements | Making solar energy accessible and affordable |
Founded in 2006 by Damian Miller and NP Ramesh, Orb Energy specializes in providing solar energy solutions for residential, commercial, and industrial customers. Based in Bangalore, Orb Energy offers solar photovoltaic systems and solar water heating solutions. The company aims to make solar energy accessible and affordable for all, contributing significantly to the adoption of clean energy in India.
4. Husk Power Systems
Founded in 2008, Husk Power Systems provides renewable energy solutions to rural areas through biomass and solar mini-grids. The company has established over 100 mini-grids, benefiting more than 200,000 people in off-grid communities. Husk Power Systems’ innovative approach helps bridge the energy gap in rural India.
| Attribute | Details |
|---|---|
| Founded | 2008 |
| Founder(s) | Manoj Sinha, Gyanesh Pandey |
| Headquarters | Patna, Bihar |
| Primary Focus | Biomass and Solar Mini-Grids |
| Notable Achievements | 100+ mini-grids serving 200,000+ people |
Husk Power Systems, founded in 2008, focuses on providing affordable and reliable renewable energy to rural areas. The company uses biomass and solar energy to generate power for off-grid communities. Husk Power Systems has established over 100 mini-grids, benefiting more than 200,000 people in India. Their innovative approach to decentralizing energy production is helping to bridge the energy gap in rural regions.
5. Azure Power
Established in 2008 by Inderpreet Wadhwa, Azure Power is a leading solar power company in India. It develops, constructs, and operates solar power plants across the country, with a portfolio exceeding 7 GW. Azure Power is committed to reducing carbon footprints and promoting sustainable energy solutions.
| Attribute | Details |
|---|---|
| Founded | 2008 |
| Founder(s) | Inderpreet Wadhwa |
| Headquarters | New Delhi |
| Primary Focus | Solar Power Plants |
| Capacity | Over 7 GW |
| Notable Achievements | Major contributor to solar capacity in India |
Established in 2008 by Inderpreet Wadhwa, Azure Power is a prominent player in the solar energy sector in India. The company develops, constructs, and operates solar power plants across the country. With a portfolio exceeding 7 GW, Azure Power is committed to reducing carbon footprints and promoting sustainable energy solutions.
6. Inverted Energy
Founded in 2017, Inverted Energy specializes in advanced energy storage solutions, particularly lithium-ion batteries for solar power storage and electric vehicles. The Noida-based company addresses the intermittency issues associated with renewable energy sources, enhancing their reliability and efficiency.
| Attribute | Details |
|---|---|
| Founded | 2017 |
| Founder(s) | Raghav Mittal, Devendra Gupta |
| Headquarters | Noida, Uttar Pradesh |
| Primary Focus | Lithium-Ion Battery Storage |
| Notable Achievements | Advanced energy storage solutions |
Inverted Energy, founded in 2017, specializes in advanced energy storage solutions. The company focuses on developing lithium-ion batteries for solar power storage, electric vehicles, and other applications. By providing efficient energy storage solutions, Inverted Energy is addressing the intermittency issues associated with renewable energy sources, thus enhancing their reliability.
7. Oorjan Cleantech
Founded in 2014, Oorjan Cleantech aims to simplify the adoption of solar energy for residential and commercial customers. The Mumbai-based startup offers a platform that includes project financing, installation, and maintenance services, making the transition to solar energy easier and more accessible.
| Attribute | Details |
|---|---|
| Founded | 2014 |
| Founder(s) | Gautam Das, Amrut Singh, Sameer Sinha |
| Headquarters | Mumbai, Maharashtra |
| Primary Focus | Solar Energy Solutions |
| Notable Achievements | Simplified solar adoption for customers |
Oorjan Cleantech, founded in 2014, aims to simplify the process of adopting solar energy for residential and commercial customers. The Mumbai-based startup offers a comprehensive platform that includes project financing, installation, and maintenance services. Oorjan Cleantech’s user-friendly approach has made it easier for customers to switch to solar energy.
8. MYSUN
Established in 2015 by Gagan Vermani, MYSUN provides a technology-driven platform for solar energy solutions. The company offers solar products and services to residential, commercial, and industrial customers. MYSUN’s platform includes a solar calculator to help customers estimate their energy savings, promoting transparency and ease of adoption.
| Attribute | Details |
|---|---|
| Founded | 2015 |
| Founder(s) | Gagan Vermani |
| Headquarters | New Delhi |
| Primary Focus | Solar Energy Solutions |
| Notable Achievements | Technology-driven solar platform |
Founded in 2015 by Gagan Vermani, MYSUN provides a technology-driven platform for solar energy solutions. The company offers solar products and services to residential, commercial, and industrial customers. MYSUN’s innovative approach includes a solar calculator that helps customers estimate their energy savings, making solar adoption more transparent and attractive.
9. Ather Energy
Founded in 2013 by Tarun Mehta and Swapnil Jain, Ather Energy is revolutionizing the electric vehicle industry in India. The Bangalore-based startup designs and manufactures smart electric scooters powered by lithium-ion batteries. Ather Energy also develops EV infrastructure, including charging stations, to support the growth of clean transportation.
| Attribute | Details |
|---|---|
| Founded | 2013 |
| Founder(s) | Tarun Mehta, Swapnil Jain |
| Headquarters | Bangalore, Karnataka |
| Primary Focus | Electric Vehicles (EVs) |
| Notable Achievements | Smart electric scooters and EV infrastructure |
Ather Energy, founded in 2013 by Tarun Mehta and Swapnil Jain, is revolutionizing the electric vehicle (EV) industry in India. The Bangalore-based startup designs and manufactures smart electric scooters. Ather Energy’s products are powered by lithium-ion batteries, promoting the use of clean energy in the transportation sector. The company’s innovative EV infrastructure, including charging stations, supports the growth of the renewable energy ecosystem.
10. Ujaas Energy
Established in 1999 by Vikalp and Kalpesh Mundra, Ujaas Energy was one of the pioneers in the Indian solar power sector. The company provides solar power solutions including solar parks, rooftop installations, and EPC services. Ujaas Energy has played a crucial role in promoting solar energy adoption among industrial and commercial customers in India.
| Attribute | Details |
|---|---|
| Founded | 1999 |
| Founder(s) | Vikalp Mundra, Kalpesh Mundra |
| Headquarters | Indore, Madhya Pradesh |
| Primary Focus | Solar Power Solutions |
| Notable Achievements | Pioneers in solar parks and rooftop installations |
Ujaas Energy, founded in 1999, was one of the pioneers in the Indian solar power sector. The company focuses on providing solar power solutions, including solar parks, rooftop solar installations, and EPC (Engineering, Procurement, and Construction) services. Ujaas Energy has played a crucial role in promoting solar energy adoption in India, especially among industrial and commercial customers.
Sure, here are some frequently asked questions (FAQs) along with their answers related to the top 10 renewable energy startups in India.
Frequently Asked Question(FAQ’s ) – Top 10 Renewable Energy Startups in India
1. What is ReNew Power known for?
- Answer: ReNew Power is known for being one of India’s largest renewable energy companies, focusing on wind, solar, and hydroelectric energy with a capacity exceeding 10 GW.
2. How does CleanMax Solar support businesses in adopting solar energy?
- Answer: CleanMax Solar provides end-to-end solar power solutions including financing, installation, and maintenance for commercial and industrial customers, making it easier for businesses to adopt solar energy.
3. What types of solar solutions does Orb Energy offer?
- Answer: Orb Energy offers solar photovoltaic systems and solar water heating solutions for residential, commercial, and industrial customers.
4. How does Husk Power Systems contribute to rural electrification?
- Answer: Husk Power Systems provides affordable and reliable renewable energy to rural areas through biomass and solar mini-grids, benefiting over 200,000 people in off-grid communities.
5. What is Azure Power’s primary focus in the renewable energy sector?
- Answer: Azure Power primarily focuses on developing, constructing, and operating solar power plants across India with a portfolio exceeding 7 GW.
6. What kind of energy storage solutions does Inverted Energy specialize in?
- Answer: Inverted Energy specializes in advanced lithium-ion battery storage solutions for solar power, electric vehicles, and other applications.
7. What makes Oorjan Cleantech unique in the solar energy market?
- Answer: Oorjan Cleantech simplifies the process of adopting solar energy for residential and commercial customers through a comprehensive platform that includes project financing, installation, and maintenance services.
8. How does MYSUN’s platform assist customers in adopting solar energy?
- Answer: MYSUN offers a technology-driven platform with solar products and services, including a solar calculator that helps customers estimate their energy savings, making solar adoption more transparent and attractive.
9. What innovations has Ather Energy brought to the electric vehicle (EV) sector?
- Answer: Ather Energy designs and manufactures smart electric scooters powered by lithium-ion batteries and has developed an EV infrastructure with charging stations to support the growth of renewable energy in transportation.
10. What types of solar power solutions does Ujaas Energy provide?
– Answer: Ujaas Energy provides solar power solutions including solar parks, rooftop solar installations, and EPC (Engineering, Procurement, and Construction) services, playing a crucial role in promoting solar energy adoption in India.
11. Are these startups contributing to India’s renewable energy goals?
– Answer: Yes, these startups are significantly contributing to India’s renewable energy goals by developing innovative solutions, increasing renewable energy capacity, and promoting sustainable practices across various sectors.
12. How do these startups impact the environment?
– Answer: These startups help reduce carbon emissions, decrease reliance on fossil fuels, and promote the use of clean and sustainable energy sources, thereby positively impacting the environment.
13. Can residential customers benefit from these renewable energy startups?
– Answer: Yes, many of these startups offer solutions tailored for residential customers, such as solar panels, solar water heaters, and energy storage systems, enabling households to switch to renewable energy.
14. What challenges do these startups face in the renewable energy sector?
– Answer: Challenges include regulatory hurdles, financing issues, technology integration, competition, and the need for consumer awareness and education about renewable energy benefits.
15. How can businesses collaborate with these renewable energy startups?
– Answer: Businesses can collaborate by adopting the startups’ renewable energy solutions, investing in their projects, participating in joint ventures, or providing technological and financial support to scale their operations.
Conclusion
The renewable energy sector in India is booming, driven by startups that are innovating and providing sustainable energy solutions. These ten startups are at the forefront of this transformation, contributing significantly to India’s goal of achieving a greener and more sustainable future. With continued support and investment, these companies are poised to lead the way in making renewable energy accessible to all corners of the country.
