Company lists
The Chennai edition · 2026

Solar energycompanies in Chennai

Project developers, rooftop & residential, panels & products, wind & hydro, O&M & monitoring and more: the companies building solar energy in Chennai, Tamil Nadu, with their founders, funding, team size and business models.

120 company profiles76 with reported revenue4 with recorded fundingOctober 2026 edition
Chennai · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent solar energy business events in India

Funding, M&A, contract wins and launches involving 2,531 solar energy companies in India, last 24 months: 524 Contracts · 105 M&A deals · 75 funding rounds · 3 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

ContractTechnology

Sharika enterprises · client: Uttarakhand Power Corporation (UPCL)

Sharika Enterprises, a power sector and smart infrastructure solution company, has secured a key subcontract for the deployment of an Advanced Distribution Management System (ADMS) under…

Power distribution
ContractSupply

Ganesh Green Bharat · client: NTPC Renewable Energy

Ganesh Green Bharat Ltd bagged a 1,000 MWh Battery Energy Storage System (BESS) engineering, procurement, and construction (EPC) contract from NTPC Renewable Energy Ltd (NTPC REL).

Renewable energy
FundingQualified Institutional Placement (QIP)

Acme solar

Acme Solar aims to raise up to ₹2,800 crore through the QIP. The issue comprises a base size of ₹2,600 crore, along with a greenshoe option of ₹200 crore.

Investors Na
M&AAcquisition · Announced

Aditya birla group acquires Sprng energy

According to sources to Manicontrol, after collecting binding bids, Aditya Birla Group, led by Kumar Mangalum Birla, has taken the lead in the race to buy Indian Renewable Energy…

Renewable Energy
ContractSupply

Hirschvogel Components · client: Hinduja renewables

Hinduja Renewables Energy Private Limited (HREPL), the renewable energy Company of the Hinduja Group, has signed solar Power Delivery Agreements with Höganäs India Private Limited and…

Renewable energy
ContractSupply

Hoganäs India Private Limited · client: Hinduja renewables

Hinduja Renewables Energy Private Limited (HREPL), the renewable energy Company of the Hinduja Group, has signed solar Power Delivery Agreements with Höganäs India Private Limited and…

Renewable energy
ContractSupply

Sharika enterprises · client: East india udyog

Smart grid firm Sharika Enterprises Limited has secured a ₹24.90 crore subcontract from East India Udyog Limited for UPCL's Ganga Corridor project.

Power
ContractSupply

Saatvik Green Energy · client: Domestic independent power producer

Saatvik Green Energy Limited today announced that it has received and accepted an order aggregating to ₹171.45 crore for a domestic independent power producer.

Clean energy / solar
M&AAcquisition · Completed

Thakral acquires TIL Investments Private Limited (TIL)

Thakral Corporation Ltd (TCL) has completed the acquisition of an additional 81.64% equity stake in TIL Investments Private Limited (TIL) through its wholly-owned subsidiary, Paramount…

Healthcare-led real estate development
M&AMerger · Completed

Mascot dynamics acquires Amrut Energy Private Limited

Amrut Energy Private Limited, a leading manufacturer of solar-powered water pumping systems, today announced its merger into Mascot Dynamics Private Limited, a diversified engineering…

Solar-powered water pumping systems
ContractSupply

Hpl electric & power · client: GMR Triveni Smart Meters Limited

HPL Electric & Power Limited secured work orders worth Rs. 242.24 crore from multiple infrastructure companies for the supply of smart meters, strengthening its order book and growth…

Smart metering
ContractSupply

Hpl electric & power · client: GMR Kashi Smart Meters Limited

HPL Electric & Power Limited secured work orders worth Rs. 242.24 crore from multiple infrastructure companies for the supply of smart meters, strengthening its order book and growth…

Smart metering
Funding

Waaree energies

Waaree Energies has announced plans to enter the semiconductor segment as part of a broader restructuring exercise, alongside the approval of a fundraising programme of up to ₹100…

Semiconductor, Power Electronics, Renewable Energy
M&AAcquisition · Announced

Waaree acquires Waaree

Waaree Power Private Limited, a wholly owned subsidiary, will acquire 100% shareholding of Waaree Semicon Private Limited from Waaree Sustainable Finance Private Limited

ContractSupply

Bondada Engineering · client: Ambuja cements

Bondada Engineering, a Hyderabad-based engineering, procurement, and construction company, has secured multiple orders worth ₹1.25 billion (~$13.22 million) for a 75 MW solar project in…

Solar
ContractSupply

Bondada Engineering · client: Adani Ports and Special Economic Zone

Bondada Engineering, a Hyderabad-based engineering, procurement, and construction company, has secured multiple orders worth ₹1.25 billion (~$13.22 million) for a 75 MW solar project in…

Solar
M&AAcquisition · Completed

Saatvik Green Energy acquires Melcon Transformers and Electricals

Saatvik Green Energy has acquired 80% equity stake in Melcon Transformers and Electricals, a Jaipur-based transformer manufacturer.

Transformer Manufacturing
M&AAcquisition · Announced

Premier energies acquires Ksolare energy

Premier Energies acquired a 51% stake in transformer manufacturer Transcon and inverter producer KSolare Energy. Premier invested INR5 billion (US$56.96 million) in Transcon and INR1.7…

Inverter Production
ContractInfrastructure

Solarworld Energy Solutions Limited · client: NTPC Renewable Energy

Solarworld Energy Solutions Limited has announced the signing of an Engineering, Procurement, and Construction (EPC) contract with NTPC Renewable Energy Limited for the development of a…

Renewable Energy
FundingLetter of Intent

Zodiac energy

Zodiac Energy has received a Letter of Intent (LoI) worth around $3.28 million (around Rs 30.85 crore) from an international entity based in Zambia. The LoI is for execution of a turnkey…

Investors Na
Solar Energy
M&AAcquisition · Announced

Inox Clean Energy acquires Sunsource energy

It also announced the acquisition of a solar projects portfolio from SunSource Energy, the Indian arm of the Netherlands-based SHV Energy.

Solar Energy
M&AAcquisition · Announced

Inox Clean Energy acquires Sunsource energy

It also announced the acquisition of a solar projects portfolio from SunSource Energy, the Indian arm of the Netherlands-based SHV Energy.

Solar Projects
ContractGovernment

Uttar Pradesh government · client: Loom solar

Loom Solar has secured a second land allotment from the Uttar Pradesh government to scale its solar and Battery Energy Storage Systems (BESS) manufacturing capacity.

Renewable Energy
M&AAcquisition · Completed

Shell Group acquires Sprng energy

Shell Group acquired Sprng as part of a global clean energy pivot for $1.55 billion in 2022.

Renewable Energy
M&AAcquisition · Pending

National Investment and Infrastructure Fund (NIIF) acquires Sprng energy

National Investment and Infrastructure Fund (NIIF) has emerged as the frontrunner to acquire Sprng Energy from Shell for nearly $1.7 billion, said people in the know, as India’s…

Renewable Power / 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

Ganesh Green Bharat · client: Na

Ganesh Green Bharat on Friday said that it has bagged a new order worth ₹430 crore for the supply of bifacial solar modules.

Solar
M&AAcquisition

Thermax acquires Exactspace

Thermax acquired ExactSpace, a specialist in AI-driven industrial IoT solutions.

Solar energy companies in Chennai, by revenue

Browse solar energy companies in Chennai 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 76 solar energy companies in Chennai, Tamil Nadu 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

Provider of solar panels and clean, renewable energy solutions

Solar energy
₹89,609.55 crFY 2023-24
+13%2023–2024
—Not available
33 yr1993
0none in 3 months

Everrenew is a renewable energy company that offers affordable and reliable wind power and solar power investment solutions

Wind energy
₹2,385.13 crFY 2023-24
+348%2023–2024
334+408% 12 mo to Sep 2023LinkedIn · Oct 2026
7 yr2019
0none in 3 months · last posted Jan 2025

EPC services for installation of solar farms

Solar energy
₹482.77 crFY 2024-25
+73%2024–2025
346+15% 12 mo to Jul 2024LinkedIn · Oct 2026
42 yr1984
0none in 3 months

Provider of solar energy operation and maintenance services

Solar energy
₹446.73 crFY 2023-24
+62%2023–2024
271+51% 12 mo to Sep 2024recorded Sep 2024
9 yr2017
0none in 3 months

Utility-scale project developer

Wind energy
₹322.57 crFY 2024-25
+73%2024–2025
346-51% 12 mo to Jul 2024LinkedIn · Jul 2026
28 yr1998
0none in 3 months

Provider of turnkey solutions in power, process, and water industries including project engineering, design, procurement, construction, and commissioning

Solar energy
₹253.49 crFY 2021-22
Not reported
942+10% 12 mo to Feb 2024LinkedIn · Oct 2026
24 yr2002
0none in 3 months · last posted Dec 2025

Provider of solar energy services for homes & business

Solar energy
₹208.66 crFY 2024-25
+24%2024–2025
76LinkedIn · Jul 2026
40 yr1986
0none in 3 months · last posted Jun 2026

Manufacturer of solar inverters, modules, and balance of system components

Solar energy
₹198.58 crFY 2024-25
+8%2024–2025
183LinkedIn · Jul 2026
15 yr2011
4postings · last posted Sep 2026

Metal roofing services provider

Solar energy
₹139.85 crFY 2021-22
Not reported
108+20% 12 mo to Sep 2024recorded Sep 2024
24 yr2002
—No postings tracked

Provider of turnkey contracts for rooftop and ground mounted solar plants

Solar energy
₹100.06 crFY 2024-25
+121%2024–2025
—Not available
14 yr2012
0none in 3 months

Manufacturer and supplier of solar products

Solar energy
₹82.87 crFY 2023-24
Not reported
1LinkedIn · Oct 2026
32 yr1994
0none in 3 months

Manufacturer of aluminium clamps and extrusions for solar module mounting

Solar energy
₹69.37 crFY 2024-25
+14%2024–2025
5LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Developer of solar energy projects

Solar energy
₹67.93 crFY 2024-25
-45%2024–2025
—Not available
14 yr2012
0none in 3 months · last posted Jul 2026

Provider of renewable energy solutions including solar, wind, and carbon trading

Solar energy
₹65.09 crFY 2024-25
+171%2024–2025
25LinkedIn · Jul 2026
7 yr2019
0none in 3 months · last posted Jun 2026

Provider of engineering consultation and software for the renewable energy sector

Solar energy
₹63.03 crFY 2024-25
+3%2024–2025
—Not available
5 yr2021
0none in 3 months

Provider of operation, maintenance, solar battery, water pumps, and other products

Solar energy
₹47.79 crFY 2023-24
+14%2023–2024
563-36% 12 mo to Mar 2022LinkedIn · Jul 2026
24 yr2002
0none in 3 months · last posted May 2026

Offers solar services

Solar energy
₹39.99 crFY 2024-25
Not reported
—Not available
15 yr2011
0none in 3 months

Developer of solar and wind energy projects

Solar energy
₹38.57 crFY 2024-25
+202%2024–2025
—Not available
13 yr2013
0none in 3 months

Provider of power generation solutions, offering a range of diesel generators, services, and maintenance for commercial and industrial applications

Solar energy
₹33.62 crFY 2024-25
+18%2024–2025
21LinkedIn · Jul 2026
17 yr2009
0none in 3 months

Solar EPC service provider company

Solar energy
₹33.18 crFY 2024-25
+4%2024–2025
226+2% 12 mo to Mar 2024LinkedIn · Jul 2026
11 yr2015
1postings · last posted Aug 2026

Provider of electrical and instrumentation EPC, O&M, and E&C services

Solar energy
₹30.30 crFY 2024-25
+51%2024–2025
—Not available
20 yr2006
0none in 3 months

Company specializing in rooftop and ground-mounted solar power plants

Solar energy
₹28.40 crFY 2022-23
-26%2022–2023
29LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Solar installation company

Solar energy
₹29.20 crFY 2024-25
Not reported
33+100% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months · last posted May 2026

Wind and solar EPC company

Solar energy
₹24.35 crFY 2024-25
+215%2024–2025
18+0% 12 mo to Sep 2024LinkedIn · Jul 2026
17 yr2009
0none in 3 months

Manufacturer and supplier of solar systems and accessories

Solar energy
₹18.42 crFY 2024-25
+40%2024–2025
—Not available
13 yr2013
0none in 3 months
50 of 120 companies shown here · the full list is on Radar
Fliar Radar

Explore all 120 solar energy companies in Chennai on Radar

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

Open solar energy in Chennai on Radar
  • Every company, not just 50All 120 solar energy companies in Chennai, 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.
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Explore solar energy companies in Chennai by what you are looking for

Browse solar energy companies in Chennai, from solar panel makers to EPC and project developers. Find solar energy companies in India's Chennai region for rooftop systems, wind and storage.

7 ways to explore solar energy in Chennai

Solar project developers & EPC companiesRooftop & distributed solar system installersSolar panel, inverter & solar product makersWind, hydro & other renewable energy companiesSolar operations, maintenance & monitoring servicesSolar energy startups in Chennai

Solar project developers & EPC companies

Developers and EPC firms that plan, build and run solar power plants.

  1. Redington

    Provider of solar panels and clean, renewable energy solutions

    Solar energy
    See in list
  2. Swelect Energy Systems

    EPC services for installation of solar farms

    Solar energy
    See in list
  3. Renfra Energy

    Provider of solar energy operation and maintenance services

    Solar energy
    See in list
  4. Kshema Power and Infrastructure

    Utility-scale project developer

    Wind energy
    See in list
  5. Operational Energy Group

    Provider of turnkey solutions in power, process, and water industries including project engineering, design, procurement, construction, and commissioning

    Solar energy
    See in list

Rooftop & distributed solar system installers

Companies installing rooftop and distributed solar systems for homes and businesses.

  1. Redington

    Provider of solar panels and clean, renewable energy solutions

    Solar energy
    See in list
  2. Swelect Energy Systems

    EPC services for installation of solar farms

    Solar energy
    See in list
  3. Operational Energy Group

    Provider of turnkey solutions in power, process, and water industries including project engineering, design, procurement, construction, and commissioning

    Solar energy
    See in list
  4. Ace Renewtech

    Provider of solar energy services for homes & business

    Solar energy
    See in list
  5. Zynergy Group

    Solar IPP and EPC firm

    Solar energy
    Website

Solar panel, inverter & solar product makers

Makers and suppliers of solar panels, inverters, mounts and other solar hardware.

  1. Evolve Energy Group

    Manufacturer of solar inverters, modules, and balance of system components

    Solar energy
    See in list
  2. Metco Roof

    Metal roofing services provider

    Solar energy
    See in list
  3. SunEdison

    Manufacturer and supplier of solar products

    Solar energy
    See in list
  4. Alomex Profiles

    Manufacturer of aluminium clamps and extrusions for solar module mounting

    Solar energy
    See in list
  5. Fenice Energy

    Provider of operation, maintenance, solar battery, water pumps, and other products

    Solar energy
    See in list

Wind, hydro & other renewable energy companies

Companies working on wind, hydro and wider renewable energy alongside solar.

  1. Everrenew

    Everrenew is a renewable energy company that offers affordable and reliable wind power and solar power investment solutions

    Wind energy
    See in list
  2. CarbonMinus

    Provider of renewable energy solutions including solar, wind, and carbon trading

    Solar energy
    See in list
  3. SB Wind Energy

    Wind and solar EPC company

    Solar energy
    See in list
  4. KNR

    Provider of wind and solar EPC services

    Wind energy
    See in list
  5. Vaigunth Ener Tek

    Manufacturer and installer of renewable energy products

    Solar energy
    Website

Solar operations, maintenance & monitoring services

Service providers for solar plant maintenance, monitoring and performance management.

  1. Everrenew

    Everrenew is a renewable energy company that offers affordable and reliable wind power and solar power investment solutions

    Wind energy
    See in list
  2. Renfra Energy

    Provider of solar energy operation and maintenance services

    Solar energy
    See in list
  3. Kshema Power and Infrastructure

    Utility-scale project developer

    Wind energy
    See in list
  4. Max Power Services

    Provider of power generation solutions, offering a range of diesel generators, services, and maintenance for commercial and industrial applications

    Solar energy
    See in list
  5. iPLON

    Provider of power plant controllers and congestion management solutions for grids

    Renewable energy tech
    See in list

Solar energy startups in Chennai

Newer solar energy companies in Chennai founded in recent years.

  1. Remon Solutions

    Provider of engineering consultation and software for the renewable energy sector

    Solar energy
    See in list
  2. Aruvi Solar

    Manufacturer of solar powered products

    Solar energy
    See in list
  3. Mittz International

    Provider of comprehensive solar solutions and automation services

    Solar energy
    Website
  4. Viruksa

    Provider of carbon management solutions for businesses

    Solar energy
    Website
  5. Renaissance Solar and Electronic Materials

    Manufacturer of solar silicon wafers

    Solar energy
    Website
11 companies in Chennai

Solar energy companies hiring in Chennai

Solar energy companies in Chennai with open roles right now.

  1. Everrenew

    Everrenew is a renewable energy company that offers affordable and reliable wind power and solar power investment solutions

    Wind energy
    See in list
  2. Operational Energy Group

    Provider of turnkey solutions in power, process, and water industries including project engineering, design, procurement, construction, and commissioning

    Solar energy
    See in list
  3. Ace Renewtech

    Provider of solar energy services for homes & business

    Solar energy
    See in list
  4. Evolve Energy Group

    Manufacturer of solar inverters, modules, and balance of system components

    Solar energy
    See in list
  5. Hild Energy

    Developer of solar energy projects

    Solar energy
    See in list
12 companies in Chennai
Mobile reach

Top 3 solar energy apps from Chennai

The most-installed Android apps published by solar energy companies headquartered in Chennai — 2K installs between them. 3 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 3
3

ArrplEMSapp

by ARRPL

Installs7
Rating—
Last updatedDec 2025
View on Google Play ↗
ArrplEMSapp screenshot 1ArrplEMSapp screenshot 2ArrplEMSapp screenshot 3ArrplEMSapp screenshot 4ArrplEMSapp screenshot 5ArrplEMSapp screenshot 6
The business behind the activity

Solar energy financials in Chennai

Revenue, profit and growth from the filed annual accounts of 64 solar energy companies in Chennai, Tamil Nadu for FY24-25 — 77 of the 120 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 64% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹2,034.75 cr

64 companies filing accounts

combined net profit₹95.57 cr

4.7% aggregate margin

are profitable78%

50 of 64 companies

median revenue~₹6.3 cr

the typical company

median revenue growth+31%

into FY24-25

earned by the top five64%

revenue concentration

Six-year view

Combined revenue of filing companies

₹828.66 crFY19-2060 filers
₹941.94 crFY20-2161 filers
₹1,954.40 crFY21-2265 filers
₹2,334.93 crFY22-2366 filers
₹4,286.25 crFY23-2465 filers
₹2,034.75 crFY24-2564 filers

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

Like-for-like

The same 56 companies over three years

+36%
FY22-23₹1,498.17 cr₹40.57 cr net
FY23-24₹1,450.26 cr₹82.50 cr net
FY24-25₹2,030.23 cr₹97.12 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 cr1527% profitable
₹1–10 cr2496% profitable
₹10–100 cr2090% profitable
₹100–1,000 cr5100% profitable
Over ₹1,000 cr0—

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

Momentum

How fast revenue moved into FY24-25

Shrinking12
0–20%12
20–50%10
50–100%9
Doubled+17

60 companies with accounts for both years; median growth +31%.

Profitability

Profit is concentrated at the top

50profitable
14loss-making
4.7%aggregate margin
1.8%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
ShasanSHASAN ENGINEERING PRIVATE LIMITED
Kyra PhotonKYRA PHOTON TECH PRIVATE LIMITED
SB Wind EnergySB WIND ENERGY PRIVATE LIMITED+215%₹24.35 cr
TGEPLTIRUPATHII GREEN ENERGY PRIVATE LIMITED+202%₹38.57 cr
CarbonMinusCARBON MINUS ENERGY PRIVATE LIMITED+171%₹65.09 cr
SOLSTROMSOLSTROM ENERGY SOLUTIONS PRIVATE LIMITED+128%₹29.20 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
CarbonMinusCARBON MINUS ENERGY PRIVATE LIMITED21.4%₹65.09 cr
Kshema Power and InfrastructureKSHEMA POWER INDIA PRIVATE LIMITED9.5%₹308.66 cr
Evolve Energy GroupEVOLVE GREEN ENERGIES PRIVATE LIMITED7.5%₹202.57 cr
Aadhav Green PowerAADHAV GREEN POWER PRIVATE LIMITED7.5%₹100.06 cr
TGEPLTIRUPATHII GREEN ENERGY PRIVATE LIMITED7.3%₹38.57 cr
Remon SolutionsREMON SOLUTIONS PRIVATE LIMITED6.1%₹63.03 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Solar energy56₹1,691.20 cr~₹6.3 cr79%3.9%
Wind energy5₹314.27 cr~₹30 lakh60%9.2%
Leaders

Largest solar energy companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Swelect Energy SystemsSWELECT ENERGY SYSTEMS LIMITED₹482.77 cr₹8.58 cr1.8%+64%
Kshema Power and InfrastructureKSHEMA POWER INDIA PRIVATE LIMITED₹308.66 cr₹29.23 cr9.5%+66%
Ace RenewtechACE RENEWTECH ENGINEERING PRIVATE LIMITED₹208.66 cr₹9.98 cr4.8%+24%
Evolve Energy GroupEVOLVE GREEN ENERGIES PRIVATE LIMITED₹202.57 cr₹15.26 cr7.5%+13%
Aadhav Green PowerAADHAV GREEN POWER PRIVATE LIMITED₹100.06 cr₹7.48 cr7.5%+121%
Alomex ProfilesALOMMEX PROFILES PRIVATE LIMITED₹69.37 cr₹51.51 lakh0.7%+14%
CarbonMinusCARBON MINUS ENERGY PRIVATE LIMITED₹65.09 cr₹13.95 cr21.4%+171%
Hild EnergyHILD ENERGY PRIVATE LIMITED₹64.60 cr₹45.44 lakh0.7%-47%
Remon SolutionsREMON SOLUTIONS PRIVATE LIMITED₹63.03 cr₹3.82 cr6.1%+3%
Kyra PhotonKYRA PHOTON TECH PRIVATE LIMITED₹1.43 cr
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

AdTech Industry Landscape of Chennai

The financials above are one chapter. The full solar energy landscape of Chennai 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 solar energy landscape of Chennai
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

Solar energy funding and M&A across India

377 recorded equity rounds have gone to 2,531 solar energy companies in India — how much, at which stage, into which sub-sectors, from whom, and how Chennai compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months11

US$730.02m

equity rounds, last 24 months46

US$1.23bn

raised over five yearsUS$4.24bn

155 rounds in India

M&A deals, India105

last 24 months

Capital by year

Equity funding into solar energy in India

amount rounds
$532m201822
$905m201913
$440m202012
$600m202122
$902m202221
$783m202328
$786m202449
$791m202527
$382m20268

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2019, with US$905.43m across 13 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$102.18m23 rounds · median US$337k
SeedUS$47.59m44 rounds · median US$436k
Series AUS$345.68m35 rounds · median US$4.28m
Series BUS$614.78m15 rounds · median US$27.10m
Series CUS$498.59m13 rounds · median US$28.94m
Series D+US$2.17bn20 rounds · median US$58.75m
Private equityUS$464.95m5 rounds · median US$59.86m
Where the money went · five years

Most-funded sub-sectors

Solar energyUS$3.38bn122 rounds · 64 companies
Wind energyUS$771.24m11 rounds · 4 companies
Alternative lendingUS$54.61m4 rounds · 1 companies
Service providers to banksUS$15.66m4 rounds · 1 companies
Renewable energy techUS$11.80m3 rounds · 2 companies
Investment techUS$11.47m6 rounds · 1 companies
Energy storageUS$478k2 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

102Acquisition
2Merger
1Announced

Most active acquirers

  1. Waaree energies14
  2. Premier energies9
  3. ONGC-NTPC Green Pvt Ltd8
  4. Thermax4
  5. Na4

Most acquired or merged

  1. Sprng energy10
  2. Ayana renewable power9
  3. Ksolare energy6
  4. Sterling and wilson renewable energy5
  5. O2 power4

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

Solar energy funding in Chennai

4 solar energy companies in Chennai have recorded equity funding, US$16.44m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Chennai

Meet the people behind solar energy companies in Chennai. 32 of 120 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Chennai solar energy companies by sub-sector

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

Keep exploring solar energy in India and nearby markets.

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