Company lists
The India edition · 2026

Renewable energy techcompanies in India

Solar, energy storage, bioenergy & hydrogen, solar cleaning, monitoring & IoT and more: the companies building renewable energy tech in India, with their founders, funding, team size and business models.

310 company profiles165 with reported revenue74 with recorded fundingSeptember 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 4.0)

Recent renewable energy tech business events in India

Funding, M&A, contract wins and launches involving 376 renewable energy tech companies in India, last 24 months: 47 Contracts · 18 M&A deals · 14 funding rounds · 1 Launch. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: May 2026.

M&AAcquisition · Completed

Inox Clean Energy acquires Vibrant energy

Inox Clean Energy Limited has completed the acquisition of Vibrant Energy, a Macquarie-backed renewable independent power producer focused on the commercial and industrial (C&I) segment.…

Renewable independent power producer
M&AAcquisition · Completed

Inox Clean Energy acquires Macquarie-owned Vibrant Energy

It then went on to acquire Macquarie-owned Vibrant Energy, an Indian renewable energy company that supplies electricity to Amazon’s establishments in the country.

Renewable Energy
ContractService

Sterling and wilson renewable energy · client: Coal india

The company said it has been declared the L1 bidder for a turnkey EPC package from Coal India for the development of an 875 MW (AC) grid-connected solar PV project in Bikaner, Rajasthan.…

Renewable Energy
FundingParent company guarantee

Sterling and wilson renewable energy

Sterling and Wilson Renewable Energy Limited has issued a USD 34 million parent company guarantee in favour of Nedbank Limited to secure an additional working capital facility for…

Investors Nedbank
Solar power
ContractSupply

Serentica renewables · client: Cairn Oil & Gas

Cairn Oil & Gas, part of the Vedanta Group, has started sourcing 25 MW of renewable hybrid power from Serentica Renewables for its Barmer oil field in Rajasthan.

Energy
ContractSupply

Serentica renewables · client: Sanathan Polycot

Serentica Renewables has inked a deal with Sanathan Polycot to provide 32 MW of hybrid renewable energy.

Funding

Ecofy

Ecofy, an NBFC focused on financing climate change solutions, raised Rs 380.5 crore ($41 million approx,) from BII and DAIF.

Investors Bii, DAIF
FinTech
FundingSeed

Hycosys

In a seed funding round headed by MountTech Growth Fund-Kavachh, deep-tech engineering startup Hycosys has raised more than $1 million, or roughly Rs 9 crore.

Investors MountTech Growth Fund-Kavachh
Deep-tech engineering
M&AAcquisition · Announced

Inox green energy services acquires Wind World India

At the same time, Inox Green Energy Services will take over Wind World India’s O&M business, strengthening its presence in the renewable asset management space.

Operations & Maintenance
M&AAcquisition · Announced

Inox green energy services acquires Wind World India – O&M arm

Meanwhile, Inox Green Energy Services will take over Wind World India’s O&M arm.

Operations & Maintenance
ContractTechnology

Honeywell · client: TruAlt Bioenergy

Honeywell on Wednesday said that TruAlt Bioenergy Limited will use its Ethanol-to-Jet (ETJ) process technology to produce 80,000 tons per annum (TPA) of sustainable aviation fuel (SAF)…

Sustainable Aviation Fuel
LaunchNew Data Center Platform

Enerdatics

Enerdatics Launches New Data Center Platform.

Data Center Platform
Funding

Offgrid energy labs

Earlier this month, Offgrid Energy Labs raised $15 million, as reported by ET.

ContractSupply

Roto pumps · client: Gps renewables

Roto Pumps Limited has announced a significant domestic sales order from GPS Renewables Private Limited for the design, engineering, and supply of Progressive Cavity Pumps along with…

ContractSupply

SANY Renewable · client: Serentica renewables

Renewable energy company Serentica Renewables announced plans to procure Wind Turbine Generators (WTGs) from SANY Renewable for its 336 MW wind power project in Karnataka.

Wind energy
ContractService

Hygenco · client: Sterlite Tech

This initiative will enable Sterlite Tech to become one of the first optical fibre manufacturers globally to use 100% green hydrogen in its production processes. Hygenco will build, own,…

Optical fibre manufacturing
M&AAcquisition · Completed

Devansh Trademart LLP acquires Inox green energy services

Devansh Trademart LLP, a Promoter Group of Inox Green Energy Services Limited, acquired an additional 10,000 equity shares of the Company through open market transactions on June 5, 2025.

Wind Power O&M
ContractInfrastructure

Integrum Energy · client: Bharat Petroleum

The Letters of Award have been issued to Suzlon Energy Limited for the Madhya Pradesh project and Integrum Energy Infrastructure Limited for the Maharashtra site.

Renewable Energy
FundingLong-term loan

Ecofy

Ecofy Finance, a non-banking financial company (NBFC) focused on supporting India’s green transition, has raised INR 104 Crore ( around $12.5 million) long-term loan facility from the…

Investors Investment Fund for Developing Countries (IFU)
ContractGovernment

GH2 Solar · client: Solar Energy Corporation of India

Reliance Green Hydrogen and Green Chemicals, L&T Energy, AM Green Ammonia, and Waaree Clean Energy Solutions were among nine companies to have won the tenders for setting up green…

Renewable Energy
FundingSeries A

Amperehour Energy

AmpereHour Energy has raised $5 million (Rs 43.6 crore) in a Series A funding round, led by Avaana Capital, with participation from UC Impower and several existing angel investors.

Investors Avaana Capital, UC Impower, Various angel investors
Energy storage solutions
M&AAcquisition · Completed

International Conveyors acquires Sterling and wilson renewable energy

International Conveyors has informed that it has acquired equity shares in Sterling and Wilson Renewable Energy (SW Solar), valued at Rs 3.49 crore.

Solar EPC
Funding

Probus

Enterprise AI startup Singulr AI led the segment with a USD 10 million seed round, followed by IoT and data analytics startup Probus.

ContractService

Ahasolar · client: North eastern electric power

According to the latest regulatory filings with the stock exchanges, Ahasolar Technologies Limited has secured a work order worth nearly Rs. 29.5 crores for consultancy services from…

Renewable Energy
M&AAcquisition · Completed

Morgan stanley acquires Sterling and wilson renewable energy

Investment banking firm Morgan Stanley on Tuesday bought a 1.5 per cent stake in Sterling and Wilson Renewable Energy for ₹103 crore through an open market transaction.

ContractSupply

Inox Wind · client: Serentica renewables

Inox Wind Ltd on Wednesday, December 18, said it has secured a 60 MW order from Serentica Renewables to supply 3 MW class wind turbines.

Renewable Energy
Funding

Hygenco

cleantech startup Hygenco

ContractTechnology

Topsoe · client: Hygenco

Topsoe has been selected by developer Hygenco to provide its technology to an upcoming green ammonia plant in India.

Renewable energy tech companies in India, by revenue

Browse renewable energy tech companies in India by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 165 renewable energy tech companies in India that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Developer of energy storage systems

Solar energy
₹2,125.87 crFY 2022-23
Not reported
1,817-11% 12 mo to Apr 2024LinkedIn · Jul 2026
99 yr1927
0none in 3 months

Provider of leading biofuels company pioneering advancements in the production of ethanol and compressed biogas for a sustainable future

Renewable energy tech
₹1,968.53 crFY 2024-25
+54%2024–2025
613+46% 12 mo to Sep 2024recorded Sep 2024
5 yr2021
0none in 3 months · last posted Apr 2026

Developer of automated irrigation systems leveraging AI and IoT

Crop tech
₹1,159.53 crFY 2024-25
+150%2024–2025
558+44% 12 mo to Jun 2024LinkedIn · Jul 2026
16 yr2010
3postings · last posted Sep 2026

Provider of biogas engineering and clean fuels technology solutions

Solid waste management tech
₹960.72 crFY 2024-25
Not reported
907+120% 12 mo to Sep 2024LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Manufacturer of high-efficiency solar cells and modules for utility, commercial, and residential applications

Smart grid
₹933.09 crFY 2024-25
+2986%2024–2025
981LinkedIn · Jul 2026
15 yr2011
1postings · last posted Jul 2026

Provider of solutions for solar street lights

Energy efficiency tech
₹676.80 crFY 2024-25
+91%2024–2025
2-54% 12 mo to Sep 2024LinkedIn · Jul 2026
22 yr2004
0none in 3 months

Manufacturer and provider of solar modules

Solar energy
₹523.77 crFY 2024-25
+58%2024–2025
—Not available
18 yr2008
1postings · last posted Sep 2026

Provider of biodiesel, refined glycerin, and compressed biogas for industries

Renewable energy tech
₹442.49 crFY 2023-24
Not reported
89+424% 12 mo to Sep 2024recorded Sep 2024
7 yr2019
0none in 3 months

Provider of on-grid and off-grid solar power solutions and pumps

Renewable energy tech
₹302.90 crFY 2024-25
+126%2024–2025
84LinkedIn · Jul 2026
6 yr2020
0none in 3 months · last posted May 2026

Provider of waste to energy, construction, demolition, and natural gas services

Solid waste management tech
₹292.34 crFY 2024-25
+53%2024–2025
228-31% 12 mo to Sep 2024LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Provider of operation & maintenance services for wind farms

Renewable energy tech
₹290.18 crFY 2024-25
+11%2024–2025
192-4% 12 mo to Sep 2024LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Solar financing, equipment procurement, and performance monitoring solutions

Renewable energy tech
₹279.47 crFY 2024-25
+58%2024–2025
182+34% 12 mo to Aug 2024LinkedIn · Jul 2026
8 yr2018
4postings · last posted Sep 2026

Largest Solar Panel Manufacturers in India | Future Solar

Renewable energy tech
₹263.82 crFY 2024-25
Not reported
635LinkedIn · Jul 2026
4 yr2022
0none in 3 months

Developer of high vaccum technology

Flexible electronics
₹174.13 crFY 2022-23
Not reported
349-83% 12 mo to Jun 2024LinkedIn · Jul 2026
61 yr1965
0none in 3 months · last posted Jun 2026

Provider of solutions for PERC-based solar modules

Renewable energy tech
₹177.59 crFY 2024-25
+15%2024–2025
376-18% vs previous recordLinkedIn · Jul 2026
8 yr2018
0none in 3 months

Power plant and asset monitoring platform

Renewable energy tech
₹176.49 crFY 2024-25
+75%2024–2025
262LinkedIn · Jul 2026
11 yr2015
0none in 3 months · last posted Apr 2026

Lithium ion battery manufacturer

Renewable energy tech
₹133.49 crFY 2024-25
+15%2024–2025
39LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Provider of hybrid renewable energy solutions integrating wind and solar power

Renewable energy tech
₹119.22 crFY 2024-25
-48%2024–2025
54LinkedIn · Jul 2026
5 yr2021
0none in 3 months · last posted Jun 2026

Producer and supplier of fossil and biofuels

Renewable energy tech
₹118.72 crFY 2024-25
+42%2024–2025
34-44% 12 mo to Sep 2024LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Financial solutions for the electric vehicle, solar, and SME sectors

Alternative lending
₹106.91 crFY 2024-25
+206%2024–2025
422+75% 12 mo to Sep 2024LinkedIn · Jul 2026
4 yr2022
0none in 3 months

Provider of lithium-ion battery and energy storage solutions

Electric vehicles
₹105.26 crFY 2024-25
+429%2024–2025
193+84% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Provider of battery energy storage systems and power electronics solutions

Energy storage tech
₹101.10 crFY 2024-25
+87%2024–2025
219LinkedIn · Jul 2026
6 yr2020
0none in 3 months · last posted Jun 2026

Online marketplace of biofuels

Renewable energy tech
₹100.63 crFY 2024-25
+15%2024–2025
41-29% 12 mo to Sep 2024LinkedIn · Jul 2026
6 yr2020
0none in 3 months · last posted Jun 2026

Provider of renewable energy solutions for commercial and industrial clients

Renewable energy tech
₹89.54 crFY 2024-25
Not reported
611+90% 12 mo to Sep 2024LinkedIn · Jul 2026
4 yr2022
0none in 3 months

Provider of energy storage systems and energy management platform solutions

Renewable energy tech
₹83.91 crFY 2024-25
Not reported
111+33% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months
50 of 310 companies shown here · the full list is on Radar
Fliar Radar

Explore all 310 renewable energy tech companies in India on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open renewable energy tech in India on Radar
  • Every company, not just 50All 310 renewable energy tech companies in India, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore renewable energy tech companies in India by what you are looking for

Browse renewable energy tech companies in India, from solar energy technology and battery storage to biofuel and hydrogen developers. Find clean energy tech companies, renewable energy software companies and renewable energy startups in India.

9 ways to explore renewable energy tech in India

Solar energy technology companiesEnergy storage & battery companiesBioenergy, biofuel & hydrogen companiesSolar panel cleaning & roboticsEnergy monitoring, IoT & smart grid softwareSolar irrigation, pumps & cold storage

Solar energy technology companies

Makers and developers of solar modules, trackers and solar software.

  1. Avaada Electro

    Manufacturer of high-efficiency solar cells and modules for utility, commercial, and residential applications

    Smart grid
    See in list
  2. Future Solar

    Largest Solar Panel Manufacturers in India | Future Solar

    Renewable energy tech
    See in list
  3. Hind High Vaccum

    Developer of high vaccum technology

    Flexible electronics
    See in list
  4. Pixon energy

    Provider of solutions for PERC-based solar modules

    Renewable energy tech
    See in list
  5. Integrum Energy

    Provider of hybrid renewable energy solutions integrating wind and solar power

    Renewable energy tech
    See in list

Energy storage & battery companies

Lithium-ion battery and energy storage system providers.

  1. Sterling and Wilson

    Developer of energy storage systems

    Solar energy
    See in list
  2. RCRS Innovations

    Lithium ion battery manufacturer

    Renewable energy tech
    See in list
  3. REPLUS Engitech

    Provider of lithium-ion battery and energy storage solutions

    Electric vehicles
    See in list
  4. Amperehour Solar Technology

    Provider of energy storage systems and energy management platform solutions

    Renewable energy tech
    See in list
  5. Sunsathi Solar

    Manufacturer of on-grid solar inverters

    Energy storage tech
    Website

Bioenergy, biofuel & hydrogen companies

Developers of biogas, biofuels, waste-to-energy and green hydrogen.

  1. TruAlt Bioenergy

    Provider of leading biofuels company pioneering advancements in the production of ethanol and compressed biogas for a sustainable future

    Renewable energy tech
    See in list
  2. GPS Renewables

    Provider of biogas engineering and clean fuels technology solutions

    Solid waste management tech
    See in list
  3. EverEnviro

    Provider of waste to energy, construction, demolition, and natural gas services

    Solid waste management tech
    See in list
  4. Biofuels Junction

    Producer and supplier of fossil and biofuels

    Renewable energy tech
    See in list
  5. Buyofuel

    Online marketplace of biofuels

    Renewable energy tech
    See in list

Solar panel cleaning & robotics

Robotic and automated cleaning services for solar plants.

  1. Solabot

    Provider of independent power plant and solar panel cleaning services

    Professional service robots
    See in list
  2. Aegeus Technologies

    Developer of robotic technologies for water-less solar panel cleaning systems

    Professional service robots
    See in list
  3. Taypro

    AI-driven solar cleaning robots

    Professional service robots
    Website
  4. Skilancer Solar

    Provider of indigenous robotics & automation for solar power plants

    Renewable energy tech
    Website
  5. Greenleap Robotics

    Provider of robotic solutions for cleaning and maintaining large-scale solar plants

    Renewable energy tech
    Website

Energy monitoring, IoT & smart grid software

Software and IoT platforms for monitoring power plants and energy use.

  1. Avaada Electro

    Manufacturer of high-efficiency solar cells and modules for utility, commercial, and residential applications

    Smart grid
    See in list
  2. SIAS

    Provider of industrial automation and solar power generation solutions

    Renewable energy tech
    See in list
  3. POWERCON

    Software platform for monitoring and operation of IPPs in the wind energy sector

    Renewable energy tech
    See in list
  4. Hkapl

    IoT solutions for enterprise

    Internet of things infrastructure
    See in list
  5. AirProbe

    Drone and cloud-based solutions provider for inspection of solar PV

    Drones
    See in list

Solar irrigation, pumps & cold storage

Solar-powered pumps, irrigation and cold storage for farms.

  1. Ecozen Solutions

    Developer of automated irrigation systems leveraging AI and IoT

    Crop tech
    See in list
  2. Sadbhav Future Tech

    Provider of on-grid and off-grid solar power solutions and pumps

    Renewable energy tech
    See in list
  3. Khethworks

    Manufacturer of solar-powered irrigation systems for smallholder farmers

    Renewable energy tech
    Website
  4. Surya Power Magic

    Provider of solar irrigation modules and pumps

    Solar energy
    Website
  5. AgriVijay

    Retailer of renewable energy products for agricultural and rural households

    Crop tech
    Website

Renewable energy tech startups in India

Newer renewable energy tech companies founded in recent years.

  1. TruAlt Bioenergy

    Provider of leading biofuels company pioneering advancements in the production of ethanol and compressed biogas for a sustainable future

    Renewable energy tech
    See in list
  2. Future Solar

    Largest Solar Panel Manufacturers in India | Future Solar

    Renewable energy tech
    See in list
  3. Integrum Energy

    Provider of hybrid renewable energy solutions integrating wind and solar power

    Renewable energy tech
    See in list
  4. Ecofy

    Financial solutions for the electric vehicle, solar, and SME sectors

    Alternative lending
    See in list
  5. Serentica Renewables

    Provider of renewable energy solutions for commercial and industrial clients

    Renewable energy tech
    See in list
84 companies in India

Renewable energy tech companies hiring in India

Renewable energy tech companies with open roles right now.

  1. TruAlt Bioenergy

    Provider of leading biofuels company pioneering advancements in the production of ethanol and compressed biogas for a sustainable future

    Renewable energy tech
    See in list
  2. Ecozen Solutions

    Developer of automated irrigation systems leveraging AI and IoT

    Crop tech
    See in list
  3. Avaada Electro

    Manufacturer of high-efficiency solar cells and modules for utility, commercial, and residential applications

    Smart grid
    See in list
  4. Sadbhav Future Tech

    Provider of on-grid and off-grid solar power solutions and pumps

    Renewable energy tech
    See in list
  5. Aerem

    Solar financing, equipment procurement, and performance monitoring solutions

    Renewable energy tech
    See in list
33 companies in India

Listed renewable energy tech companies in India

Publicly listed renewable energy technology companies.

  1. Sterling and Wilson

    Developer of energy storage systems

    Solar energy
    See in list
  2. TruAlt Bioenergy

    Provider of leading biofuels company pioneering advancements in the production of ethanol and compressed biogas for a sustainable future

    Renewable energy tech
    See in list
  3. Inox Green Energy

    Provider of operation & maintenance services for wind farms

    Renewable energy tech
    See in list
  4. AhaSolar

    Provider of software for solar designing

    Renewable energy tech
    See in list
4 companies in India
Mobile reach

Top 10 renewable energy tech apps from India

The most-installed Android apps published by renewable energy tech companies headquartered in India — 316K installs between them. 32 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
4

Solartrade -B2B for Installers

by Solartrade

Installs18K
Rating—
Last updatedMay 2023
View on Google Play ↗
Solartrade -B2B for Installers screenshot 1Solartrade -B2B for Installers screenshot 2Solartrade -B2B for Installers screenshot 3Solartrade -B2B for Installers screenshot 4
8

OctaBees Lite

by OctaBees

Installs5K
Rating—
Last updatedApr 2026
View on Google Play ↗
OctaBees Lite screenshot 1OctaBees Lite screenshot 2OctaBees Lite screenshot 3OctaBees Lite screenshot 4OctaBees Lite screenshot 5OctaBees Lite screenshot 6
10

Aerem Partner

by Aerem

Installs5K
Rating—
Last updatedJun 2026
View on Google Play ↗
Aerem Partner screenshot 1Aerem Partner screenshot 2Aerem Partner screenshot 3Aerem Partner screenshot 4Aerem Partner screenshot 5Aerem Partner screenshot 6
The business behind the activity

Renewable energy tech financials in India

Revenue, profit and growth from the filed annual accounts of 139 renewable energy tech companies in India for FY24-25 — 166 of the 310 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 75% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹14,093.36 cr

139 companies filing accounts

combined net profit₹827.35 cr

5.9% aggregate margin

are profitable59%

81 of 139 companies

median revenue~₹3.0 cr

the typical company

median revenue growth+38%

into FY24-25

earned by the top five75%

revenue concentration

Six-year view

Combined revenue of filing companies

₹5,899.27 crFY19-2082 filers
₹4,203.71 crFY20-2197 filers
₹5,244.76 crFY21-22116 filers
₹5,069.45 crFY22-23119 filers
₹8,332.14 crFY23-24131 filers
₹14,093.36 crFY24-25139 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 102 companies over three years

+172%
FY22-23₹4,691.49 cr−₹353.39 cr net
FY23-24₹7,650.26 cr₹237.88 cr net
FY24-25₹12,751.47 cr₹717.91 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr4838% profitable
₹1–10 cr4455% profitable
₹10–100 cr3184% profitable
₹100–1,000 cr1275% profitable
Over ₹1,000 cr4100% profitable

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking40
0–20%15
20–50%13
50–100%19
Doubled+35

122 companies with accounts for both years; median growth +38%.

Profitability

Profit is concentrated at the top

81profitable
57loss-making
5.9%aggregate margin
1.3%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
InvertekenergyINVERTEK ENERGY SOLUTIONS PRIVATE LIMITED
REPLUS EngitechREPLUS ENGITECH PRIVATE LIMITED+429%₹105.26 cr
Amperehour Solar TechnologyAMPEREHOUR SOLAR TECHNOLOGY PRIVATE LIMITED+285%₹83.91 cr
KIS GroupKNOWLEDGE INTEGRATION SERVICES INDIA PRIVATE LIMITED
ProbusPROBUS SMART THINGS PRIVATE LIMITED
Ecozen SolutionsECOZEN SOLUTIONS PRIVATE LIMITED+165%₹1,149.06 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
EcofrostECOFROST TECHNOLOGIES PRIVATE LIMITED
Manikaran AnalyticsMANIKARAN ANALYTICS LIMITED
Avaada ElectroAvaada Electro Limited18.6%₹933.09 cr
SPJ Solar TechnologySPJ SOLAR TECHNOLOGY PRIVATE LIMITED
POWERCONPOWERCON VENTURES INDIA PRIVATE LIMITED'
My Eco EnergyMY OWN ECO-ENERGY PRIVATE LIMITED
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Renewable energy tech90₹4,159.49 cr~₹2.6 cr58%6.1%
Energy storage tech8₹143.56 cr~₹7.2 cr62%-15.3%
Electric vehicles5₹124.03 cr~₹87 lakh40%-5.6%
Professional service robots5₹31.79 cr~₹22 lakh50%4.0%
Leaders

Largest renewable energy tech companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Sterling and WilsonSTERLING AND WILSON RENEWABLE ENERGY LIMITED₹5,592.38 cr₹318.26 cr5.7%+88%
TruAlt BioenergyTRUALT BIOENERGY LIMITED₹1,940.71 cr₹168.45 cr8.7%+52%
Ecozen SolutionsECOZEN SOLUTIONS PRIVATE LIMITED₹1,149.06 cr₹75.70 cr6.6%+165%
GPS RenewablesGPS RENEWABLES PRIVATE LIMITED₹1,008.31 cr₹21.87 cr2.2%+113%
Avaada ElectroAvaada Electro Limited₹933.09 cr₹173.30 cr18.6%>10×
ServControlSERVOTECH RENEWABLE POWER SYSTEM LIMITED₹589.11 cr₹33.47 cr5.7%+92%
Sadbhav Future TechSADBHAV FUTURETECH LIMITED₹302.11 cr₹31.79 cr10.5%+127%
Inox Green EnergyInox Green Energy Services Limited₹280.26 cr₹38.50 cr13.7%+16%
Adaptive EngineeringADAPTIVE ENGINEERING PRIVATE LIMITED₹176.49 cr₹7.58 cr4.3%+75%
EverEnviroEVERENVIRO RESOURCE MANAGEMENT PRIVATE LIMITED₹139.52 cr₹8.79 cr6.3%—
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Accounting and Tax Software Industry Landscape of India

The financials above are one chapter. The full renewable energy tech landscape of India maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the renewable energy tech landscape of India
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Renewable energy tech funding and M&A across India

198 recorded equity rounds have gone to 376 renewable energy tech companies in India — how much, at which stage, into which sub-sectors, from whom, and how India compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months12

US$474.54m

equity rounds, last 24 months36

US$625.35m

raised over five yearsUS$1.49bn

139 rounds in India

M&A deals, India18

last 24 months

Capital by year

Equity funding into renewable energy tech in India

amount rounds
$1.2m20188
$5.4m201911
$8.5m202013
$13m202118
$474m202230
$306m202335
$91m202425
$146m202522
$464m20269

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2022, with US$473.68m across 30 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$2.75m12 rounds · median US$146k
SeedUS$67.28m88 rounds · median US$376k
Series AUS$119.49m21 rounds · median US$5.00m
Series BUS$131.98m7 rounds · median US$11.37m
Series CUS$178.02m7 rounds · median US$25.00m
Series D+US$343.82m1 rounds · median US$343.82m
Private equityUS$650.00m3 rounds · median US$325.00m
Where the money went · five years

Most-funded sub-sectors

Renewable energy techUS$1.22bn93 rounds · 44 companies
Alternative lendingUS$126.44m7 rounds · 3 companies
Crop techUS$72.36m10 rounds · 4 companies
Energy storage techUS$26.55m4 rounds · 3 companies
Solid waste management techUS$16.05m3 rounds · 2 companies
Investment techUS$13.58m10 rounds · 3 companies
Smart gridUS$8.91m4 rounds · 2 companies
Corporate activity · last 24 months

M&A in India

18Acquisition

Most active acquirers

  1. Inox Clean Energy6
  2. Inox green energy services3
  3. Serentica renewables1
  4. Devansh Trademart LLP1
  5. International Conveyors1

Most acquired or merged

  1. Sterling and wilson renewable energy5
  2. Vibrant energy2
  3. Wind World India2
  4. Macquarie-owned Vibrant Energy1
  5. Sunsource energy1

Each deal appears in the events strip at the top of the page.

Renewable energy tech funding in India

74 renewable energy tech companies in India have recorded equity funding, US$1.50bn in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in India

Meet the people behind renewable energy tech companies in India. 214 of 310 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore India renewable energy tech companies by sub-sector

The most common specialisations among renewable energy tech companies in India. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring renewable energy tech in India and nearby markets.

Coming soon