Company lists
The Hyderabad edition · 2026

Solar energycompanies in Hyderabad

Panel makers, project developers, installers, wind & hydro, grid & smart energy and more: the companies building solar energy in Hyderabad, Telangana, with their founders, funding, team size and business models.

125 company profiles71 with reported revenue9 with recorded fundingOctober 2026 edition
Hyderabad · 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: 525 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
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 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
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
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 · Announced

Saatvik Green Energy acquires Melcon

"Our acquisition of Melcon is a strategic step towards deepening our control across the power value chain. By integrating transformer manufacturing, we are not just adding a capability…

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 Hyderabad, by revenue

Browse solar energy companies in Hyderabad 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 71 solar energy companies in Hyderabad, Telangana 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 solar energy projects

Solar energy
₹6,652.09 crFY 2024-25
+110%2024–2025
3,857-6% 12 mo to Oct 2023LinkedIn · Oct 2026
31 yr1995
0none in 3 months

Manufacturer of precision-engineered products and building solutions

Metals and alloys
₹3,263.27 crFY 2024-25
+3%2024–2025
2,473-0% 12 mo to May 2024LinkedIn · Oct 2026
38 yr1988
0none in 3 months

Provider of energy transition and decarbonization solutions

Solar energy
₹2,925.73 crFY 2024-25
+13%2024–2025
2,995-99% 12 mo to Sep 2024LinkedIn · Jul 2026
20 yr2006
0none in 3 months

Provider of wind and solar power project development services

Solar energy
₹2,441.18 crFY 2022-23
+27%2022–2023
229-17% 12 mo to Feb 2024LinkedIn · Oct 2026
17 yr2009
0none in 3 months

Manufacturer of solar photovoltaic modules and cells

Solar energy
₹2,416.93 crFY 2024-25
Not reported
372+4% 12 mo to Sep 2024recorded Sep 2024
15 yr2011
0none in 3 months

Engineering services company with a focus on telecom infrastructural solutions

Telecom infrastructure
₹1,579.75 crFY 2024-25
+97%2024–2025
175recorded
14 yr2012
0none in 3 months

Provider of solar energy services and products

Nuclear energy
₹1,013.92 crFY 2024-25
+3%2024–2025
87LinkedIn · Oct 2026
45 yr1981
0none in 3 months

Provider of commercial solar installations and hybrid energy solutions

Wind energy
₹859.48 crFY 2024-25
+37%2024–2025
585LinkedIn · Oct 2026
16 yr2010
0none in 3 months · last posted Jun 2026

Independent power producer in wind and solar sector

Solar energy
₹304.34 crFY 2022-23
+0%2022–2023
310LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Developer of renewable energy solutions using wind, hydel, and solar power

Solar energy
₹308.64 crFY 2024-25
-7%2024–2025
57-4% 12 mo to Jun 2023LinkedIn · Oct 2026
41 yr1985
0none in 3 months

Solar panel manufacturer providing high-quality crystalline silicon photovoltaic modules

Solar energy
₹248.06 crFY 2024-25
+112%2024–2025
37LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Developer of renewable energy projects in hydro, solar, and wind power

Hydro power
₹227.33 crFY 2024-25
+62%2024–2025
—Not available
2 yr2024
0none in 3 months

Manufacturer of solar PV modules

Solar energy
₹221.91 crFY 2024-25
+156%2024–2025
85+62% 12 mo to Sep 2024LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Solar energy based solution provider specialized in EPC of solar power project with PV module manufacturing facility

Solar energy
₹157.40 crFY 2022-23
-5%2022–2023
98LinkedIn · Oct 2026
17 yr2009
0none in 3 months

Developer of solar energy projects

Solar energy
₹164.71 crFY 2024-25
+62%2024–2025
524+164% 12 mo to Jul 2024LinkedIn · Oct 2026
12 yr2014
8postings · last posted Aug 2026

Renewable Energy based Independent Power Producer

Wind energy
₹102.01 crFY 2024-25
+91%2024–2025
234+30% 12 mo to Sep 2024LinkedIn · Jul 2026
16 yr2010
0none in 3 months · last posted May 2026

Provider of solar energy services and products

Solar energy
₹100.67 crFY 2024-25
+72%2024–2025
—Not available
16 yr2010
0none in 3 months · last posted Jul 2026

Solar turnkey solutions provider catering to the commercial, residential and industrial sector

Solar energy
₹80.76 crFY 2023-24
+56%2023–2024
114+109% 12 mo to Aug 2024LinkedIn · Jul 2026
15 yr2011
3postings · last posted Sep 2026

Provider of solar operation & maintenance service

Solar energy
₹80.60 crFY 2024-25
+19%2024–2025
3+12% 12 mo to Sep 2024LinkedIn · Oct 2026
35 yr1991
0none in 3 months

Reputable manufacturer, supplier, and service provider of solar electricity solutions, including solar lighting and other renewable energy products, catering to various industries and consumers

Solar energy
₹79.39 crFY 2024-25
+476%2024–2025
—Not available
10 yr2016
0none in 3 months

Solar energy solutions provider offering a range of products and services, including solar panels, solar water pumps, and solar home lighting systems

Solar energy
₹61.90 crFY 2023-24
-16%2023–2024
9LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Manufacturer of solar power systems

Solar energy
₹63.04 crFY 2024-25
+0%2024–2025
196LinkedIn · Jul 2026
18 yr2008
1postings · last posted Aug 2026

Developer of solar energy projects

Solar energy
₹62.46 crFY 2024-25
+81%2024–2025
82-5% 12 mo to Sep 2024LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Manufacturer and trader of a gamut of products

Solar energy
₹36.72 crFY 2022-23
Not reported
42+45% 12 mo to Aug 2024recorded Aug 2024
18 yr2008
—No postings tracked

Provider of end-to-end services related to solar power plants

Solar energy
₹36.30 crFY 2023-24
+153%2023–2024
86LinkedIn · Jul 2026
15 yr2011
0none in 3 months
50 of 125 companies shown here · the full list is on Radar
Fliar Radar

Explore all 125 solar energy companies in Hyderabad on Radar

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

Open solar energy in Hyderabad on Radar
  • Every company, not just 50All 125 solar energy companies in Hyderabad, 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 Hyderabad by what you are looking for

Find solar energy companies in Hyderabad, from solar panel manufacturers to solar project developers and installers. Browse the top solar energy companies, solar stocks and solar startups in Hyderabad grouped by what they do.

8 ways to explore solar energy in Hyderabad

Solar panel & module manufacturersSolar project developers & power producersSolar installation & rooftop solution providersWind, hydro & hybrid renewable energy companiesSmart grid, energy management & power electronicsSolar energy startups in Hyderabad

Solar panel & module manufacturers

Manufacturers of solar panels, cells, modules and solar products.

  1. Premier Energies

    Developer of solar energy projects

    Solar energy
    See in list
  2. Pennar

    Manufacturer of precision-engineered products and building solutions

    Metals and alloys
    See in list
  3. Renewsys World

    Manufacturer of solar photovoltaic modules and cells

    Solar energy
    See in list
  4. PES Engineers

    Provider of solar energy services and products

    Nuclear energy
    See in list
  5. Novus Green

    Solar energy based solution provider specialized in EPC of solar power project with PV module manufacturing facility

    Solar energy
    See in list

Solar project developers & power producers

Developers and independent power producers building solar and hybrid power plants.

  1. Premier Energies

    Developer of solar energy projects

    Solar energy
    See in list
  2. Greenko Group

    Provider of energy transition and decarbonization solutions

    Solar energy
    See in list
  3. Mytrah Energy

    Provider of wind and solar power project development services

    Solar energy
    See in list
  4. Renewsys World

    Manufacturer of solar photovoltaic modules and cells

    Solar energy
    See in list
  5. PES Engineers

    Provider of solar energy services and products

    Nuclear energy
    See in list

Solar installation & rooftop solution providers

Companies that design, install and maintain solar systems for homes and businesses.

  1. Premier Energies

    Developer of solar energy projects

    Solar energy
    See in list
  2. Mytrah Energy

    Provider of wind and solar power project development services

    Solar energy
    See in list
  3. Renewsys World

    Manufacturer of solar photovoltaic modules and cells

    Solar energy
    See in list
  4. Bondada Engineering

    Engineering services company with a focus on telecom infrastructural solutions

    Telecom infrastructure
    See in list
  5. PES Engineers

    Provider of solar energy services and products

    Nuclear energy
    See in list

Wind, hydro & hybrid renewable energy companies

Renewable energy companies that combine solar with wind and hydro power.

  1. Greenko Group

    Provider of energy transition and decarbonization solutions

    Solar energy
    See in list
  2. Mytrah Energy

    Provider of wind and solar power project development services

    Solar energy
    See in list
  3. PES Engineers

    Provider of solar energy services and products

    Nuclear energy
    See in list
  4. Axis Energy

    Renewable Energy based Independent Power Producer

    Wind energy
    See in list
  5. Ssev

    Developer of solar and wind energy projects

    Hydro power
    See in list

Smart grid, energy management & power electronics

Companies working on smart grids, energy management and power quality.

  1. Power Quality

    Provider of power quality solutions, solar products, and related engineering services

    Energy efficiency tech
    Website
  2. Bondada Engineering

    Engineering services company with a focus on telecom infrastructural solutions

    Telecom infrastructure
    See in list
  3. Aktuell

    Manufacturer of solar powered products

    Iot services
    See in list
  4. ICOMM Tele

    Manufacturer of power transmission structures, defense solutions, and renewable energy systems

    Telecom infrastructure
    Website
  5. Avior Power

    Provider of power solutions for various applications, including wearable biosensors, amplifiers, and portable chargers

    Solar energy
    Website

Solar energy startups in Hyderabad

Newer solar energy companies founded in the last few years.

  1. Sangamam Power

    Developer of renewable energy projects in hydro, solar, and wind power

    Hydro power
    See in list
  2. Indosol Solar

    Manufacturer of solar PV modules

    Solar energy
    See in list
  3. Ruray Energies

    Provider of eco-friendly solar system planning, setup, and management solutions

    Solar energy
    See in list
  4. Fabright

    Provider of solar and fabrication solutions

    Solar energy
    See in list
  5. Thanu Solar Systems

    Provider of rooftop solar photovoltaic systems for domestic and commercial use

    Solar energy
    See in list
17 companies in Hyderabad

Listed solar energy companies in Hyderabad

Publicly listed solar energy companies in Hyderabad, relevant to solar stock searches.

  1. Premier Energies

    Developer of solar energy projects

    Solar energy
    See in list
  2. Pennar

    Manufacturer of precision-engineered products and building solutions

    Metals and alloys
    See in list
  3. Bondada Engineering

    Engineering services company with a focus on telecom infrastructural solutions

    Telecom infrastructure
    See in list
  4. Novus Green

    Solar energy based solution provider specialized in EPC of solar power project with PV module manufacturing facility

    Solar energy
    See in list
  5. Surana Telecom and Power

    Fiber-optic cable, petroleum products, and accessories provider

    Solar energy
    See in list
5 companies in Hyderabad

Solar energy companies hiring in Hyderabad

Solar energy companies in Hyderabad with open jobs right now.

  1. Fourth Partner Energy

    Provider of commercial solar installations and hybrid energy solutions

    Wind energy
    See in list
  2. Freyr Energy

    Developer of solar energy projects

    Solar energy
    See in list
  3. Axis Energy

    Renewable Energy based Independent Power Producer

    Wind energy
    See in list
  4. Aditi Solar

    Provider of solar energy services and products

    Solar energy
    See in list
  5. Ilios Power

    Solar turnkey solutions provider catering to the commercial, residential and industrial sector

    Solar energy
    See in list
9 companies in Hyderabad
Mobile reach

Top 5 solar energy apps from Hyderabad

The most-installed Android apps published by solar energy companies headquartered in Hyderabad — 248K installs between them. 5 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 5
The business behind the activity

Solar energy financials in Hyderabad

Revenue, profit and growth from the filed annual accounts of 63 solar energy companies in Hyderabad, Telangana for FY24-25 — 80 of the 125 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₹12,423.00 cr

63 companies filing accounts

combined net profit₹656.10 cr

5.3% aggregate margin

are profitable75%

47 of 63 companies

median revenue~₹6.4 cr

the typical company

median revenue growth+38%

into FY24-25

earned by the top five76%

revenue concentration

Six-year view

Combined revenue of filing companies

₹6,185.46 crFY19-2056 filers
₹5,069.45 crFY20-2159 filers
₹6,930.59 crFY21-2257 filers
₹9,580.42 crFY22-2360 filers
₹10,446.61 crFY23-2466 filers
₹12,423.00 crFY24-2563 filers

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

Like-for-like

The same 48 companies over three years

+47%
FY22-23₹8,383.63 cr₹17.27 cr net
FY23-24₹10,138.75 cr₹345.20 cr net
FY24-25₹12,357.64 cr₹657.71 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 cr1947% profitable
₹1–10 cr1580% profitable
₹10–100 cr1688% profitable
₹100–1,000 cr786% 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

Shrinking14
0–20%11
20–50%9
50–100%9
Doubled+17

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

Profitability

Profit is concentrated at the top

47profitable
16loss-making
5.3%aggregate margin
2.4%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
iPower REIPOWER RENEWABLE ENERGY PRIVATE LIMITED
Shauri SolarSHAURI SOLAR INDIA PRIVATE LIMITED+476%₹79.39 cr
JunnaSolarJUNNA SOLAR SYSTEMS LIMITED+156%₹221.91 cr
Sri Savitr SolarSRI SAVITR SOLAR PRIVATE LIMITED+112%₹248.06 cr
Surana SolarSURANA SOLAR LIMITED+112%₹39.98 cr
Bondada EngineeringBONDADA ENGINEERING LIMITED+90%₹1,419.93 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Surana Telecom and PowerSURANA TELECOM AND POWER LIMITED
Nuevosol EnergyNUEVOSOL ENERGY PRIVATE LIMITED11.0%₹148.39 cr
QuantSolarQUANTSOLAR TECHNOLOGIES PRIVATE LIMITED10.7%₹62.46 cr
Premier EnergiesPremier Energies Limited10.1%₹1,078.43 cr
Renewsys WorldRENEWSYS INDIA PRIVATE LIMITED10.1%₹2,416.93 cr
Truzon SolarSUNTEK ENERGY SYSTEMS PRIVATE LIMITED10.0%₹63.04 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Solar energy54₹5,289.79 cr~₹5.2 cr74%7.1%
Leaders

Largest solar energy companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
PennarPENNAR INDUSTRIES LIMITED₹2,606.85 cr₹91.80 cr3.5%+4%
Renewsys WorldRENEWSYS INDIA PRIVATE LIMITED₹2,416.93 cr₹243.63 cr10.1%+15%
Fourth Partner EnergyFOURTH PARTNER ENERGY PRIVATE LIMITED₹1,971.89 cr₹63.19 cr3.2%+19%
Bondada EngineeringBONDADA ENGINEERING LIMITED₹1,419.93 cr₹103.13 cr7.3%+90%
Premier EnergiesPremier Energies Limited₹1,078.43 cr₹109.16 cr10.1%+0%
PES EngineersPES ENGINEERS PRIVATE LIMITED₹1,012.85 cr₹34.82 cr3.4%+3%
Greenko GroupGREENKO ENERGIES PRIVATE LIMITED₹257.51 cr−₹69.78 cr-27.1%>10×
Sri Savitr SolarSRI SAVITR SOLAR PRIVATE LIMITED₹248.06 cr₹8.19 cr3.3%+112%
JunnaSolarJUNNA SOLAR SYSTEMS LIMITED₹221.91 cr₹17.83 cr8.0%+156%
Freyr EnergyFREYR ENERGY SERVICES PRIVATE LIMITED₹164.71 cr₹2.71 cr1.6%+61%
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 Hyderabad

The financials above are one chapter. The full solar energy landscape of Hyderabad 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 Hyderabad
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 Hyderabad 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 Private Limited (ONGPL)8
  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 Hyderabad

9 solar energy companies in Hyderabad have recorded equity funding, US$1.76bn in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Hyderabad

Meet the people behind solar energy companies in Hyderabad. 66 of 125 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Hyderabad solar energy companies by sub-sector

The most common specialisations among solar energy companies in Hyderabad. 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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