Company lists
The Delhi edition · 2026

Solar energycompanies in Delhi

Solar panels, developers, solar products, storage & inverters, wind & renewables and more: the companies building solar energy in Delhi, with their founders, funding, team size and business models.

205 company profiles130 with reported revenue8 with recorded fundingOctober 2026 edition
Delhi · 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: 527 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.

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
ContractTechnology

Sharika enterprises · client: Uttarakhand Power Corporation

Sharika Enterprises has secured a subcontract for the deployment of an Advanced Distribution Management System (ADMS) under Uttarakhand Power Corporation's flagship Ganga Corridor power…

Power Distribution
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

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

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
ContractTechnology

Sharika enterprises · client: Uttarakhand power corporation limited (upcl)

Awarded under the Uttarakhand Power Corporation Limited's (UPCL) flagship Ganga Corridor power distribution modernization project, Sharika Enterprises will work with East India Udyog…

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: 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
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
M&AAcquisition · Announced

Saatvik Green Energy acquires Melcon Transformers & Electricals Pvt Ltd

Saatvik Green Energy Ltd has announced the acquisition of 80 per cent equity stake in Melcon Transformers & Electricals Pvt Ltd, 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 · 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
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
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 Delhi, by revenue

Browse solar energy companies in Delhi 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 130 solar energy companies in Delhi 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

Manufacture of solar module mounting structure

Solar energy
₹2,554.81 crFY 2024-25
+48%2024–2025
171+44% 12 mo to Feb 2024LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Manufacturer of solar powered products

Solar energy
₹1,550.09 crFY 2024-25
+67%2024–2025
1,477+14% 12 mo to Jun 2024LinkedIn · Jul 2026
30 yr1996
0none in 3 months · last posted Jun 2026

Manufacturer of Solar PV Modules

Solar energy
₹1,052.57 crFY 2024-25
+44%2024–2025
280+18% 12 mo to Jul 2024LinkedIn · Jul 2026
29 yr1997
0none in 3 months

Manufacturer of solar PV modules

Solar energy
₹783.01 crFY 2024-25
+89%2024–2025
74-50% 12 mo to Feb 2024LinkedIn · Jul 2026
33 yr1993
0none in 3 months

Provider of solar power generation services

Solar energy
₹730.52 crFY 2024-25
+24%2024–2025
662recorded
27 yr1999
0none in 3 months

Manufacturer of solar powered products

Solar energy
₹682.85 crFY 2024-25
+34%2024–2025
500+31% 12 mo to Feb 2024LinkedIn · Jul 2026
28 yr1998
1postings · last posted Aug 2026

Manufacturer of solar inverters, solar batteries, EV chargers, and LEDs

Energy storage tech
₹676.80 crFY 2024-25
+91%2024–2025
517+64% 12 mo to Jun 2024LinkedIn · Jul 2026
22 yr2004
0none in 3 months · last posted Jun 2026

Provider of renewable energy solutions

Solar energy
₹591.54 crFY 2024-25
+52%2024–2025
480+25% 12 mo to Nov 2023LinkedIn · Jul 2026
10 yr2016
5postings · last posted Sep 2026

Developer of wind and solar energy projects

Bioenergy
₹574.30 crFY 2024-25
+78%2024–2025
91-30% 12 mo to Aug 2024LinkedIn · Jul 2026
35 yr1991
0none in 3 months

Independent solar power producer

Solar energy
₹569.78 crFY 2024-25
+34%2024–2025
716-14% 12 mo to Sep 2024LinkedIn · Jul 2026
16 yr2010
0none in 3 months · last posted Jun 2026

Provider of renewable energy project development services

Solar energy
₹518.15 crFY 2024-25
+18%2024–2025
1,921-66% 12 mo to Feb 2024LinkedIn · Jul 2026
37 yr1989
0none in 3 months · last posted Jul 2026

Developer of solar energy projects

Solar energy
THB 2.03bnDec 2023
Not reported
253LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Manufacturer of solar panel and installation services

Solar energy
₹443.04 crFY 2024-25
+195%2024–2025
43+50% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Operator of coal beneficiation, transportation, logistics, coal trading, and power generation

Wind energy
₹405.98 crFY 2024-25
+14%2024–2025
117-73% 12 mo to Jun 2023LinkedIn · Jul 2026
28 yr1998
0none in 3 months

Turnkey solar solutions provider

Solar energy
₹324.44 crFY 2024-25
+120%2024–2025
95-22% 12 mo to Aug 2024LinkedIn · Jul 2026
14 yr2012
0none in 3 months · last posted Jun 2026

Manufactures solar cells and PV modules

Solar energy
₹253.34 crFY 2021-22
Not reported
583-8% 12 mo to Sep 2024LinkedIn · Jul 2026
52 yr1974
0none in 3 months

Manufacturer of solar glass, automotive glass, and industrial glass products

Solar energy
₹254.63 crFY 2024-25
+477%2024–2025
145LinkedIn · Jul 2026
4 yr2022
0none in 3 months · last posted Jan 2026

Provider of solar PV services

Solar energy
₹214.48 crFY 2023-24
+269%2023–2024
78LinkedIn · Jul 2026
7 yr2019
1postings · last posted Aug 2026

Offer solar street lights, panels, lanterns, home appliances, and inverter battery

Energy storage
₹219.01 crFY 2024-25
+10%2024–2025
—Not available
16 yr2010
0none in 3 months

Developer of solar energy projects

Solar energy
₹187.70 crFY 2024-25
+402%2024–2025
1+10% 12 mo to Sep 2024LinkedIn · Jul 2026
12 yr2014
0none in 3 months

Manufactures lighting products and water heaters

Solar energy
₹179.08 crFY 2023-24
+22%2023–2024
8+33% 12 mo to Sep 2024recorded Sep 2024
12 yr2014
0none in 3 months

Provider of solar EPC services

Solar energy
₹169.54 crFY 2022-23
Not reported
—Not available
8 yr2018
—No postings tracked

Solar powered water pumping solutions

Solar energy
₹172.34 crFY 2024-25
+346%2024–2025
88+13% 12 mo to Aug 2024LinkedIn · Jul 2026
15 yr2011
0none in 3 months · last posted May 2026

Provider of renewable energy solutions

Solar energy
₹135.84 crFY 2022-23
Not reported
269+203% 12 mo to Feb 2024LinkedIn · Jul 2026
13 yr2013
2postings · last posted Sep 2026

Manufacturer of solar inverters and UPS systems

Solar energy
₹137.95 crFY 2024-25
+12%2024–2025
7,080+22% 12 mo to Sep 2024recorded Sep 2024
10 yr2016
0none in 3 months
50 of 205 companies shown here · the full list is on Radar
Fliar Radar

Explore all 205 solar energy companies in Delhi on Radar

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

Open solar energy in Delhi on Radar
  • Every company, not just 50All 205 solar energy companies in Delhi, 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 solar energy companies in Delhi by what you are looking for

Find solar panel manufacturing companies in Delhi, solar project developers and installers, and makers of solar products like water heaters and street lights. Browse the top solar energy companies in Delhi, solar energy startups in Delhi and those hiring now.

8 ways to explore solar energy in Delhi

Solar panel & module manufacturersSolar project developers & installersSolar water heaters, lights & solar productsSolar inverters, batteries & energy storageWind, bioenergy & other renewable energy companiesListed solar energy companies in Delhi

Solar panel & module manufacturers

Makers of solar PV modules, cells and the components that go into solar panels.

  1. Alpex

    Manufacturer of solar PV modules

    Solar energy
    See in list
  2. Central Electronics

    Manufactures solar cells and PV modules

    Solar energy
    See in list
  3. Bluebird Solar

    Manufacturer of monocrystalline PERC, polycrystalline, half-cut, and portable small solar panels

    Solar energy
    See in list
  4. RGS Solar Power Infra

    Manufacturer of HDPE pipes and developer of solar power plants

    Solar energy
    Website
  5. Tapan Solar Energy

    Provider of B2B media house specializing in reporting on solar energy, wind, battery storage, solar inverters, and electric vehicles

    Solar energy
    Website

Solar project developers & installers

Companies that design, build and commission solar power plants and rooftop solar systems.

  1. Lanco Infratech

    Multinational conglomerate with diverse interests in industries such as heavy equipment, construction, and power generation

    Traditional conglomerates
    Website
  2. Sukhbir Agro Energy

    Provider of solar power generation services

    Solar energy
    See in list
  3. Ampin Energy Transition

    Provider of renewable energy solutions

    Solar energy
    See in list
  4. Jaguar Overseas

    Developer of wind and solar energy projects

    Bioenergy
    See in list
  5. SAEL

    Provider of renewable energy project development services

    Solar energy
    See in list

Solar water heaters, lights & solar products

Manufacturers of solar powered products such as water heaters, street lights, lanterns and lamps.

  1. Hygrid Solar

    Manufactures lighting products and water heaters

    Solar energy
    See in list
  2. Claro Energy

    Solar powered water pumping solutions

    Solar energy
    See in list
  3. Boond

    provider of solar products

    Solar energy
    See in list
  4. Blue Chip Energy Solutions

    Manufacturer of solar power electronics and inverters. This company designs, develops, produces, installs, and maintains solar products, uninterruptible power supplies (UPS), and inverters. Their product line includes solar power plants, backup systems, charge controllers, street lights, lanterns, home lighting systems, and SMPS. The company holds relevant certifications.

    Solar energy
    Website
  5. Cosmos Ignite Innovations

    Solar led lamp

    Energy efficiency
    Website

Solar inverters, batteries & energy storage

Suppliers of solar inverters, batteries, chargers and power electronics for solar systems.

  1. Servoteh

    Manufacturer of solar inverters, solar batteries, EV chargers, and LEDs

    Energy storage tech
    See in list
  2. Plaza Cables

    Offer solar street lights, panels, lanterns, home appliances, and inverter battery

    Energy storage
    See in list
  3. UNILINE

    Manufacturer of UPS and solar power electronic

    Solar energy
    See in list
  4. Luztech

    Manufacturer of solar inverters, charge controllers, panels, and streetlights

    Solar energy
    Website

Wind, bioenergy & other renewable energy companies

Developers and service providers working on wind, bioenergy and other renewable energy projects alongside solar.

  1. Ampin Energy Transition

    Provider of renewable energy solutions

    Solar energy
    See in list
  2. Jaguar Overseas

    Developer of wind and solar energy projects

    Bioenergy
    See in list
  3. SAEL

    Provider of renewable energy project development services

    Solar energy
    See in list
  4. Global Coal & Mining

    Operator of coal beneficiation, transportation, logistics, coal trading, and power generation

    Wind energy
    See in list
  5. Oriana Power

    Provider of renewable energy solutions

    Solar energy
    See in list

Listed solar energy companies in Delhi

Publicly listed solar energy companies based in Delhi.

  1. Lanco Infratech

    Multinational conglomerate with diverse interests in industries such as heavy equipment, construction, and power generation

    Traditional conglomerates
    Website
  2. Alpex

    Manufacturer of solar PV modules

    Solar energy
    See in list
  3. Servoteh

    Manufacturer of solar inverters, solar batteries, EV chargers, and LEDs

    Energy storage tech
    See in list
  4. Oriana Power

    Provider of renewable energy solutions

    Solar energy
    See in list
  5. Urja global

    Installs solar plants and offers solar consumer products

    Solar energy
    See in list
6 companies in Delhi

Solar energy startups in Delhi

Recently founded solar energy companies in Delhi.

  1. Triveni Renewables

    Manufacturer of solar glass, automotive glass, and industrial glass products

    Solar energy
    See in list
  2. AJA Energy Solutions

    Solar energy products and equipment supplier and distributor that offers a range of renewable energy solutions, including solar panels, inverters, and batteries

    Solar energy
    See in list
  3. GreenZo Energy

    Provider of solar engineering, procurement & constructions services

    Solar energy
    Website
  4. Amplus Helios

    Provider of solar power plants

    Solar energy
    Website
  5. Exolar Energy

    Provider of solar energy installation, operation, and maintenance services

    Solar energy
    Website
18 companies in Delhi

Solar energy companies hiring in Delhi

Solar energy companies in Delhi with open jobs right now.

  1. UTL

    Manufacturer of solar powered products

    Solar energy
    See in list
  2. Servoteh

    Manufacturer of solar inverters, solar batteries, EV chargers, and LEDs

    Energy storage tech
    See in list
  3. Ampin Energy Transition

    Provider of renewable energy solutions

    Solar energy
    See in list
  4. Juniper Green Energy

    Independent solar power producer

    Solar energy
    See in list
  5. SAEL

    Provider of renewable energy project development services

    Solar energy
    See in list
18 companies in Delhi
Mobile reach

Top 7 solar energy apps from Delhi

The most-installed Android apps published by solar energy companies headquartered in Delhi — 84K installs between them. 7 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 7
1

UTL SOLAR SUN+

by UTL

Installs37K
Rating—
Last updatedMay 2026
View on Google Play ↗
UTL SOLAR SUN+ screenshot 1UTL SOLAR SUN+ screenshot 2UTL SOLAR SUN+ screenshot 3UTL SOLAR SUN+ screenshot 4UTL SOLAR SUN+ screenshot 5UTL SOLAR SUN+ screenshot 6
3

Servotech EV Charging

by Servoteh

Installs12K
Rating—
Last updatedNov 2025
View on Google Play ↗
Servotech EV Charging screenshot 1Servotech EV Charging screenshot 2Servotech EV Charging screenshot 3Servotech EV Charging screenshot 4Servotech EV Charging screenshot 5Servotech EV Charging screenshot 6
5

Uniline Care

by UNILINE

Installs129
Rating—
Last updatedAug 2024
View on Google Play ↗
Uniline Care screenshot 1Uniline Care screenshot 2Uniline Care screenshot 3Uniline Care screenshot 4Uniline Care screenshot 5Uniline Care screenshot 6
The business behind the activity

Solar energy financials in Delhi

Revenue, profit and growth from the filed annual accounts of 112 solar energy companies in Delhi for FY24-25 — 135 of the 205 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 76% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹35,450.37 cr

112 companies filing accounts

combined net profit₹1,596.82 cr

4.5% aggregate margin

are profitable88%

99 of 112 companies

median revenue~₹13.5 cr

the typical company

median revenue growth+27%

into FY24-25

earned by the top five76%

revenue concentration

Six-year view

Combined revenue of filing companies

₹11,178.65 crFY19-2099 filers
₹9,582.72 crFY20-21106 filers
₹13,603.61 crFY21-22112 filers
₹17,433.28 crFY22-23113 filers
₹24,982.83 crFY23-24118 filers
₹35,450.37 crFY24-25112 filers

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

Like-for-like

The same 98 companies over three years

+103%
FY22-23₹17,220.65 cr₹458.97 cr net
FY23-24₹24,181.51 cr₹757.30 cr net
FY24-25₹34,907.39 cr₹1,706.07 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 cr1872% profitable
₹1–10 cr3388% profitable
₹10–100 cr3797% profitable
₹100–1,000 cr1883% profitable
Over ₹1,000 cr6100% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking28
0–20%20
20–50%18
50–100%17
Doubled+25

108 companies with accounts for both years; median growth +27%.

Profitability

Profit is concentrated at the top

99profitable
13loss-making
4.5%aggregate margin
2.6%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
Sukhbir Agro EnergySAEL INDUSTRIES LIMITED+543%₹4,872.35 cr
R2V2R2V2 TECHNOLOGIES PRIVATE LIMITED
Triveni RenewablesTRIVENI RENEWABLES PRIVATE LIMITED+477%₹254.63 cr
Solar Power Developers AssociationAYANA RENEWABLE POWER SIX PRIVATE LIMITED+402%₹187.70 cr
Juniper Green EnergyJUNIPER GREEN ENERGY LIMITED+355%₹298.06 cr
Claro EnergyCLARO ENERGY LIMITED+346%₹172.34 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
R2V2R2V2 TECHNOLOGIES PRIVATE LIMITED
Jaguar OverseasJAGUAR OVERSEAS LIMITED38.9%₹23.37 cr
Mercados Energy Markets IndiaMERCADOS ENERGY MARKETS INDIA PRIVATE LIMITED
Central ElectronicsCENTRAL ELECTRONICS LIMITED18.8%₹399.50 cr
Vibgyor EnergySUNBEAM REAL VENTURES PRIVATE LIMITED
Global Coal & MiningGLOBAL COAL AND MINING PRIVATE LIMITED15.3%₹406.69 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Solar energy102₹34,093.96 cr~₹11.5 cr89%4.4%
Wind energy5₹440.80 cr~₹14.4 cr80%13.3%
Leaders

Largest solar energy companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Solar EnergySOLAR ENERGY CORPORATION OF INDIA LIMITED₹15,308.18 cr₹501.92 cr3.3%+17%
Sukhbir Agro EnergySAEL INDUSTRIES LIMITED₹4,872.35 cr₹290.89 cr6.0%+543%
Ampin Energy TransitionAMPIN ENERGY TRANSITION PRIVATE LIMITED₹2,625.75 cr₹82.85 cr3.2%+6%
Purshotam GroupPURSHOTAM PROFILES PRIVATE LIMITED₹2,617.69 cr₹112.22 cr4.3%+49%
UTLFUJIYAMA POWER SYSTEMS LIMITED₹1,550.09 cr₹156.34 cr10.1%+67%
Gautam SolarGAUTAM SOLAR PRIVATE LIMITED₹1,052.57 cr₹103.98 cr9.9%+44%
AlpexALPEX SOLAR LIMITED₹782.12 cr₹82.86 cr10.6%+93%
Trinity TouchTRINITY TOUCH PRIVATE LIMITED₹682.85 cr₹41.56 cr6.1%+34%
ServotehSERVOTECH RENEWABLE POWER SYSTEM LIMITED₹589.11 cr₹33.47 cr5.7%+92%
SAELSAEL LIMITED₹518.15 cr−₹45.79 cr-8.8%+18%
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 Delhi

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

8 solar energy companies in Delhi have recorded equity funding, US$1.30bn in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Delhi

Meet the people behind solar energy companies in Delhi. 79 of 205 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Delhi solar energy companies by sub-sector

The most common specialisations among solar energy companies in Delhi. 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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