Top 10 Renewable Energy Startups in India

Top 10 Renewable Energy Startups in India

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.

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.

AttributeDetails
Founded2011
Founder(s)Sumant Sinha
HeadquartersGurgaon, Haryana
Primary FocusWind, Solar, Hydroelectric
CapacityOver 10 GW
Notable AchievementsOne of India’s largest renewable energy companies
ReNew Power – Top 10 Renewable Energy Startups in India

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.

Also read: Top 10 BioTech Startups in India

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.

AttributeDetails
Founded2011
Founder(s)Kuldeep Jain
HeadquartersMumbai, Maharashtra
Primary FocusSolar Power Solutions
CapacityOver 500 MW
Notable Achievements500+ projects across India
CleanMax Solar – Top 10 Renewable Energy Startups in 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.

Also read: Top 10 Renewable Energy Startups in India

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.

AttributeDetails
Founded2006
Founder(s)Damian Miller, NP Ramesh
HeadquartersBangalore, Karnataka
Primary FocusSolar Photovoltaic and Water Heating
Notable AchievementsMaking solar energy accessible and affordable
Orb Energy – Top 10 Renewable Energy Startups in India

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.

Also read: Top 10 WaterTech Startups 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.

AttributeDetails
Founded2008
Founder(s)Manoj Sinha, Gyanesh Pandey
HeadquartersPatna, Bihar
Primary FocusBiomass and Solar Mini-Grids
Notable Achievements100+ mini-grids serving 200,000+ people
Husk Power Systems – Top 10 Renewable Energy Startups in India

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.

Also read: Top 10 Waste Management Startups in India

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.

AttributeDetails
Founded2008
Founder(s)Inderpreet Wadhwa
HeadquartersNew Delhi
Primary FocusSolar Power Plants
CapacityOver 7 GW
Notable AchievementsMajor contributor to solar capacity in India
Azure Power – Top 10 Renewable Energy Startups 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.

Also read:Top 10 GreenTech Startups in India

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.

AttributeDetails
Founded2017
Founder(s)Raghav Mittal, Devendra Gupta
HeadquartersNoida, Uttar Pradesh
Primary FocusLithium-Ion Battery Storage
Notable AchievementsAdvanced energy storage solutions
Inverted Energy – Top 10 Renewable Energy Startups in India

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.

Also read: Top 10 SpaceTech Startups in India

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.

AttributeDetails
Founded2014
Founder(s)Gautam Das, Amrut Singh, Sameer Sinha
HeadquartersMumbai, Maharashtra
Primary FocusSolar Energy Solutions
Notable AchievementsSimplified solar adoption for customers
Oorjan Cleantech – Top 10 Renewable Energy Startups in India

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.

Also read: Top 10 Mobility as a Service (MaaS) Startups in India 

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.

AttributeDetails
Founded2015
Founder(s)Gagan Vermani
HeadquartersNew Delhi
Primary FocusSolar Energy Solutions
Notable AchievementsTechnology-driven solar platform
MYSUN – Top 10 Renewable Energy Startups in India

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.

Also read: Top 10 Cyber Defense Startups in India

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.

AttributeDetails
Founded2013
Founder(s)Tarun Mehta, Swapnil Jain
HeadquartersBangalore, Karnataka
Primary FocusElectric Vehicles (EVs)
Notable AchievementsSmart electric scooters and EV infrastructure
Ather Energy – Top 10 Renewable Energy Startups in India

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.

Also read: Top 10 Legal Services Startups in India

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.

AttributeDetails
Founded1999
Founder(s)Vikalp Mundra, Kalpesh Mundra
HeadquartersIndore, Madhya Pradesh
Primary FocusSolar Power Solutions
Notable AchievementsPioneers in solar parks and rooftop installations
Ujaas Energy – Top 10 Renewable Energy Startups in India

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.

Also read: Top 10 Remote Work 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.

Also read:

Top 10 BioTech Startups in India

Top 10 Renewable Energy Startups in India

Top 10 WaterTech Startups in India

Top 10 Waste Management Startups in India

Top 10 GreenTech Startups in India

Top 10 SpaceTech Startups in India

Top 10 Mobility as a Service (MaaS) Startups in India 

Top 10 Cyber Defense Startups in India

Top 10 Legal Services Startups in India

Top 10 Remote Work Startups in India

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