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…
Company lists
Panel manufacturers, EPC & installers, power producers, solar-as-a-service, storage & inverters and more: the companies building solar energy in Maharashtra, with their founders, funding, team size and business models.
Funding, M&A, contract wins and launches involving 511 solar energy companies in Maharashtra, last 24 months: 108 Contracts · 55 M&A deals · 18 funding rounds · 1 Launch. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.
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…
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…
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…
Waaree Renewable Technologies on Thursday said it has inked pacts for the acquisition of a 55 per cent stake in Associated Power Structures Pvt Ltd for ₹1,225 crore.
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…
Waaree Power Private Limited, a wholly owned subsidiary, will acquire 100% shareholding of Waaree Semicon Private Limited from Waaree Sustainable Finance Private Limited
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…
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…
Shell Group acquired Sprng as part of a global clean energy pivot for $1.55 billion in 2022.
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.…
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…
Thermax acquired ExactSpace, a specialist in AI-driven industrial IoT solutions.
Thermax has completed the acquisition of additional 35.83% (on a fully diluted basis) stake in Exactspace Technologies (Exactspace). With this, Company's shareholding has increased to…
In a significant stride towards industrial decarbonisation, Hinduja Renewables Energy Private Limited (HREPL) has signed a long-term solar Power Purchase Agreement (PPA) with LG…
"Metafin raised $10 million in debt,"
Its rival Premier Energies Ltd has gone on a similar track to acquire majority stakes in inverters maker Ksolare Energy Pvt Ltd and transformer maker Transcon Industries Ltd in recent…
Commission approves the subscription of certain equity share capital of Aditya Birla Renewables Limited (ABReN/Target) by GIP EM Star Pte Ltd (Acquirer),
LGE India has signed long-term solar power purchase agreements with Hinduja Renewables Energy Pvt Ltd and Sunsure Energy to source renewable electricity for its manufacturing facilities…
Mahindra Susten has secured financing of about $123mn for a 300MW renewable energy project in Rajasthan being developed for NHPC Limited , according to POWERLINE.
Waaree Renewable Technologies Limited has signed a contract to execute engineering, procurement and construction (EPC) works for a 300 MW AC (420 MWp) ground-mounted solar photovoltaic…
DC&T Global Private Limited, a wholly owned subsidiary of Belding India Limited, has successfully acquired 55% shareholding in Metafin Technology Private Limited on March 5, 2026.
Actis LLP has unexpectedly entered the fray to buy Sprng Energy from Shell, seeking to re‑acquire the clean energy platform it had set up and subsequently sold to the Anglo‑Dutch energy…
Radiance, an Eversource Capital‑backed platform and leader in India’s Commercial and Industrial renewable energy sector, today announced an equity investment raise of ~USD 100 million.
Aditya Birla Group has joined National Investment and Infrastructure Fund (NIIF), KKR and Sembcorp in the race to acquire renewable energy platform Sprng Energy from the UK-headquartered…
Aditya Birla Group has joined National Investment and Infrastructure Fund (NIIF), KKR and Sembcorp in the race to acquire renewable energy platform Sprng Energy from the UK-headquartered…
Mukesh Ambani-led Reliance Industries has consolidated 16 step-down wholly owned subsidiaries into its clean-energy arm, Reliance New Energy Limited, as it streamlines its expanding…
Reliance Industries has merged 16 step-down wholly owned subsidiaries into its Clean Energy branch, Reliance New Energy Limited. The merger is effective from 21 January 2026.
NEW DELHI: India’s National Investment and Infrastructure Fund (NIIF), KKR and Sembcorp are locked in a tight race to acquire renewable energy supplier Sprng Energy from oil major Shell Plc.
NEW DELHI: India’s National Investment and Infrastructure Fund (NIIF), KKR and Sembcorp are locked in a tight race to acquire renewable energy supplier Sprng Energy from oil major Shell Plc.
Shell acquired Sprng from global private equity firm Actis for $1.5 billion three years ago.
Browse solar energy companies in Maharashtra 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 214 solar energy companies in Maharashtra that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Manufacturing of PV modules and solar cells
Solar energy₹23,777.64 cr in FY24-25 · net ₹3,132.68 cr · +189% since FY2018
Filed standalone accounts · The Tata Power Company LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manufacturer of solar PV modules
Solar energy₹13,218.46 cr in FY24-25 · net ₹1,781.17 cr · +3847% since FY2014
Filed standalone accounts · Waaree Energies LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Developer of large-scale renewable energy projects
Solar energy₹12,137.06 cr in FY24-25 · net ₹464.96 cr · +1740% since FY2018
Filed standalone accounts · Tata Power Renewable Energy LimitedUS$766.16m across 2 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of solar photovoltaic panels
Solar energy₹5,341.39 cr in FY24-25 · net ₹421.53 cr · +2193% since FY2024
Filed standalone accounts · Tp Solar LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Integrated manufacturer of products for renewable energy and transmission lines sectors
Electricity transmission & distribution equipment₹3,115.90 cr in FY24-25 · net ₹134.92 cr · +177% since FY2018
Filed standalone accounts · Karamtara Engineering LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Developer of energy storage systems
Solar energy₹5,592.38 cr in FY24-25 · net ₹318.26 cr · -9% since FY2018
Filed standalone accounts · Sterling And Wilson Renewable Energy LimitedFocus: Air purification technologies for HVAC air handling units
CPC A61L9/205Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Developer of solar energy projects
Solar energy₹1,610.34 cr in FY24-25 · net ₹11.88 cr · +379% since FY2018
Filed consolidated accounts · Clean Max Enviro Energy Solutions LimitedUS$266.93m across 26 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manufacturer of solar glass
Solar energy₹1,126.43 cr in FY24-25 · net ₹33.47 cr · +401% since FY2019
Filed standalone accounts · Borosil Renewables LimitedFocus: Advanced anti‑reflection and opacity coatings for photovoltaic glass
CPC C03C17/34, C03C3/097, C03C17/23Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Leading industry player in clean energy solutions with a decade of experience in executing large-scale and complex renewable energy projects
Solar energy₹509.84 cr in FY24-25 · net ₹83.12 cr · +708324% since FY2018
Filed standalone accounts · Aditya Birla Renewables LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of open access and behind-the-meter solar energy solutions
Solar energy₹392.11 cr in FY24-25 · net ₹12.84 cr · +21203% since FY2020
Filed standalone accounts · Radiance Renewables Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Solar EPC company
Solar energy₹522.74 cr in FY24-25 · net ₹54.36 cr · +262% since FY2018
Filed standalone accounts · Enrich Energy Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Leading solar panel manufacturing company offering products for homes and businesses
Solar energy₹519.28 cr in FY24-25 · net ₹30.66 cr · +7541% since FY2018
Filed standalone accounts · Novasys Greenergy LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

A turnkey solar EPC company
Solar energy₹509.02 cr in FY24-25 · net ₹64.68 cr · -56% since FY2018
Filed standalone accounts · Mahindra Susten Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of clean energy services and developer of renewable projects
Solar energy₹1,009.79 cr in FY24-25 · net ₹65.64 cr · +3236% since FY2018
Filed standalone accounts · Hinduja Renewables Energy Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Developer of solar and wind energy projects
Solar energy₹365.77 cr in FY24-25 · net ₹12.80 cr · +526% since FY2018
Filed standalone accounts · Technocrafts Electric Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Chains providing rooftop solar energy systems for residential and commercial properties
Solar energy₹364.30 cr in FY24-25 · net −₹36.87 cr · +1046% since FY2018
Filed standalone accounts · Solarsquare Energy Private LimitedUS$61.11m across 4 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manufacturer of solar grid-tie inverter & EV charger
Solar energy₹344.34 cr in FY24-25 · net ₹23.62 cr · +8614% since FY2018
Filed standalone accounts · Ksolare Energy Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Renewable energy power based IPP
Wind energy₹28.07 cr in FY23-24 · net ₹3.97 cr · -37% since FY2017
Filed standalone accounts · Ghodawat Energy Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Developer of wind, solar, hybrid, and green hydrogen energy projects
Solar energy₹307.36 cr in FY24-25 · net ₹23.24 cr · +314% since FY2021
Filed standalone accounts · Viviid Renewables Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Developer of solar energy projects
Solar energy₹301.71 cr in FY24-25 · net ₹17.42 cr · +483% since FY2017
Filed standalone accounts · Oriano Clean Energy Private LimitedUS$3.82m across 2 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of solar planning and designing services
Solar energy₹271.74 cr in FY24-25 · net ₹15.12 cr · +150% since FY2024
Filed consolidated accounts · Kalpa Power Private LimitedUS$1.54m across 2 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

A solar energy solutions provider offering solar panel installations, energy assessments, financing options, and consultations
Solar energy₹258.45 cr in FY24-25 · net ₹9.36 cr · +238% since FY2018
Filed standalone accounts · Krivi Energy Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Company specializing in engineering and infrastructure solutions
Solar energy₹239.61 cr in FY24-25 · net ₹38.69 cr · -43% since FY2017
Filed standalone accounts · Satec Envir Engineering (India) Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of solar water and pumps
Solar energy₹196.16 cr in FY24-25 · net ₹13.81 cr · +69% since FY2018
Filed standalone accounts · Span Pumps Pvt LtdEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Solar PV Panel manufacturers
Solar energy₹190.05 cr in FY24-25 · net −₹1.79 cr · +28% since FY2018
Filed standalone accounts · Pv Power Technologies Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manufacturer of solar powered products
Solar energyin FY22-23 · net · since FY2022
Filed standalone accounts · Mahindra Solarize Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of independent power generation services
Solar energyin FY24-25 · net · since FY2018
Filed standalone accounts · Nupower Renewables Private LimitedUS$82.71m across 3 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provides solar plant installations, providing engineering, procurement, and construction services
Solar energyin FY24-25 · net · since FY2017
Filed standalone accounts · Roofsol Energy Private LimitedUS$63.77m across 5 disclosed equity rounds
Darker bars = larger rounds

Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of solar power plants, inverters, and modules with a focus on innovation and customer progress
Solar energyin FY24-25 · net · since FY2018
Filed standalone accounts · Kirloskar Solar Technologies Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Solar products distributor and solutions provider, offering a range of products and services including solar panels, inverters, and consulting services for residential and commercial customers
Solar energyin FY24-25 · net · since FY2022
Filed standalone accounts · Osg Oriana India Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Solar project financing and development
Solar energyin FY24-25 · net · since FY2018
Filed standalone accounts · Oorjan Cleantech Private LimitedUS$655k across 3 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Consultancy and Engineering services to corporates
Solar energyin FY24-25 · net · since FY2018
Filed standalone accounts · Mitcon Consultancy & Engineering Services LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Developer of solar energy projects
Solar energyin FY24-25 · net · since FY2019
Filed standalone accounts · B.U.Bhandari Energy Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manufacturer of solar powered products
Solar energyin FY24-25 · net · since FY2018
Filed standalone accounts · Accurate Powertech India Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manufacturer of solar products and EPC services
Solar energyin FY24-25 · net · since FY2018
Filed standalone accounts · Becquer Energy India Sales Office Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of street lights and water heaters
Solar energyin FY24-25 · net · since FY2018
Filed standalone accounts · Electraa Solar Energy Systems Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Platform offering a one-stop digital marketplace for defence, space, and aerospace sectors
Energy storagein FY24-25 · net · since FY2022
Filed standalone accounts · Defspace Technologies Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manufacturer of solar powered products
Metals and alloysin FY24-25 · net · since FY2018
Filed standalone accounts · Parco Engineers (Mumbai) Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of solar PV solutions for commercial, industrial, and residential clients
Solar energyin FY24-25 · net · since FY2018
Filed standalone accounts · Newenergie Renewables LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manufacturing and system integration of renewable energy products and solar power
Solar energyEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Developer of solar energy projects
Solar energyin FY24-25 · net · since FY2018
Filed standalone accounts · Engie Energy India Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manufacturer of solar powered products
Solar energyin FY24-25 · net · since FY2018
Filed standalone accounts · Gal Aluminium Extrusion Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of solar EPC solutions for industrial, commercial and residential sectors
Solar energyin FY24-25 · net · since FY2018
Filed standalone accounts · Chirayu Power Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of solar energy solutions for water pumping, rooftop systems, cold storage, and power plants
Solar energyin FY24-25 · net · since FY2019
Filed standalone accounts · Younity Energy Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Developer of solar and wind energy projects
Wind energyin FY24-25 · net · since FY2018
Filed standalone accounts · Alfa Infraprop Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Developer of solar energy projects
Solar energyin FY24-25 · net · since FY2018
Filed standalone accounts · Suninfra Energies LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Developer of solar & wind energy projects
Wind energyin FY24-25 · net · since FY2018
Filed standalone accounts · Continual Renewable Energy Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Developer of renewable energy power projects
Solar energyin FY24-25 · net · since FY2020
Filed standalone accounts · Solenco Infra Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Water & waste management solution provider
Solar energyin FY24-25 · net · since FY2018
Filed standalone accounts · Thermax Limited.Focus: Automotive hybrid HVAC systems integrating metal‑hydride heat pumps and exhaust‑gas control
CPC F25B17/12, F25B15/008, F25B25/02Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manufacturer of power electronics
Solar energyin FY24-25 · net · since FY2018
Filed standalone accounts · Sma Solar India Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
No matching company in this list.
This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.
Open solar energy in Maharashtra on RadarBrowse solar energy companies in Maharashtra, from solar panel manufacturers to project developers and installers. Compare solar energy companies near you, listed solar stocks and solar startups in Maharashtra.
Manufacturers of solar PV panels, modules and cells.

Manufacturing of PV modules and solar cells
Solar energy
Manufacturer of solar PV modules
Solar energy
Provider of solar photovoltaic panels
Solar energy
Integrated manufacturer of products for renewable energy and transmission lines sectors
Electricity transmission & distribution equipment
Manufacturer of solar glass
Solar energyTurnkey solar installers and developers of rooftop and utility projects.

Provider of integrated energy solutions
Solar energy
Developer of energy storage systems
Solar energy
Developer of solar energy projects
Solar energy
Leading industry player in clean energy solutions with a decade of experience in executing large-scale and complex renewable energy projects
Solar energy
Provider of open access and behind-the-meter solar energy solutions
Solar energyIndependent power producers and utility-scale solar and wind generators.

Developer of large-scale renewable energy projects
Solar energy
Renewable energy power based IPP
Wind energy
Developer of wind, solar, hybrid, and green hydrogen energy projects
Solar energy
Wind power producer and solar project developer
Solar energy
Provider of independent power generation services
Solar energyPay-per-use and financed solar for commercial and residential customers.

Developer of solar energy projects
Solar energy
Chains providing rooftop solar energy systems for residential and commercial properties
Solar energy
Commercial solar project developer
Solar energy
Promotes clean lighting in rural areas
Energy efficiency
Rooftop solar photovoltaic system installer
Solar energyInverters, charge controllers, batteries and storage systems.

Developer of energy storage systems
Solar energy
Manufacturer of power electronics
Solar energy
Manufacturer and supplier of solar inverter solutions
Energy storage tech
Manufacturer of solar charge controllers and inverters. It provides solar lighting solutions, lithium-ion battery packs, and static voltage stabilizers. The company also offers solar pump controllers and pure sine wave inverters, serving residential, rural electrification, industrial, commercial, security, surveillance, and telecommunications sectors. Its focus is on renewable energy and energy conservation, leveraging AI and IoT technologies to optimize energy usage and increase efficiency. The company develops online training programs in emerging technologies to promote sustainable practices
Solar energy
Developer of solar PV and housing projects on a residential, commercial and industrial scale
Solar energySolar lighting, thermal water heaters and energy efficiency products.

Promotes clean lighting in rural areas
Energy efficiency
Developer of solar and wind energy projects
Solar energy
Manufacturer of solar charge controllers and inverters. It provides solar lighting solutions, lithium-ion battery packs, and static voltage stabilizers. The company also offers solar pump controllers and pure sine wave inverters, serving residential, rural electrification, industrial, commercial, security, surveillance, and telecommunications sectors. Its focus is on renewable energy and energy conservation, leveraging AI and IoT technologies to optimize energy usage and increase efficiency. The company develops online training programs in emerging technologies to promote sustainable practices
Solar energy
LED lighting products manufacturer
Energy efficiency
Provider of heating solutions through pragmatic solar thermal
Solar energyRecently founded solar energy companies in Maharashtra.

Manufacturer of solar powered products
Solar energy
Provider of business strategy, financing, logistics, and other consulting services
Management consulting services
Provider of design, manufacture, and installation of solar energy solutions
Solar energy
Provider of solar installation services
Solar energy
Provider of solar energy services for residential & commercial
Solar energySolar energy companies in Maharashtra with open roles.

Manufacturer of solar PV modules
Solar energy
Leading industry player in clean energy solutions with a decade of experience in executing large-scale and complex renewable energy projects
Solar energy
Solar EPC company
Solar energy
A turnkey solar EPC company
Solar energy
Developer of solar and wind energy projects
Solar energyPublicly listed solar energy companies and stocks in Maharashtra.

Manufacturer of solar PV modules
Solar energy
Developer of energy storage systems
Solar energy
Developer of solar energy projects
Solar energy
Manufacturer of solar glass
Solar energy
Consultancy and Engineering services to corporates
Solar energyThe most-installed Android apps published by solar energy companies headquartered in Maharashtra — 199K installs between them. 19 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.
CIN L29248MH1990PLC059463CIN U40104MH2015PTC264250CIN U74120MH2014PTC259195CIN U31200MH1974PTC017538CIN U31900MH2012PTC230401CIN U51909MH2022PTC380248CIN L29299PN1980PLC022787CIN U27106PN1992PTC065647CIN U51909PN2020PTC189101CIN L74140PN1982PLC026933Revenue, profit and growth from the filed annual accounts of 191 solar energy companies in Maharashtra for FY24-25 — 228 of the 408 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 74% of the revenue, so medians describe the typical company better than totals.
191 companies filing accounts
9.0% aggregate margin
155 of 191 companies
the typical company
into FY24-25
revenue concentration
The number of companies filing changes each year; the three-year cohort below compares like with like.
Companies with accounts for all three years, so growth is not an artefact of who filed.
Companies by FY24-25 revenue. Bars show how many companies sit in each band.
188 companies with accounts for both years; median growth +36%.
The aggregate margin is pulled up by a few large filers; the median shows the typical company.
| Company | Growth | Revenue |
|---|---|---|
| SolencoSOLENCO INFRA PRIVATE LIMITED | ||
| Soyo SystemsSOYO ENERGIES PRIVATE LIMITED | ||
| SuryottamELECTRAA SOLAR ENERGY SYSTEMS PRIVATE LIMITED | ||
| Modern Hiring ServiceMODERN ENERGY RENTAL PRIVATE LIMITED | ||
| SoledifySOLEDIFY SYSTEMS PRIVATE LIMITED | ₹26.67 cr | |
| Younity EnergyYOUNITY ENERGY PRIVATE LIMITED |
| Company | Margin | Revenue |
|---|---|---|
| SolencoSOLENCO INFRA PRIVATE LIMITED | ||
| Aditya Birla RenewablesADITYA BIRLA RENEWABLES LIMITED | 16.3% | ₹509.84 cr |
| SatecSATEC ENVIR ENGINEERING (INDIA) PRIVATE LIMITED | 16.1% | ₹239.61 cr |
| BenderBENDER INDIA PRIVATE LIMITED | 15.5% | ₹34.51 cr |
| Becquer EnergyBECQUER ENERGY INDIA SALES OFFICE PRIVATE LIMITED | ||
| Srpl GroupSWIKRITI RENEWABLES PRIVATE LIMITED | 14.5% | ₹17.05 cr |
| Sub-sector | Companies | Revenue | Median revenue | Profitable | Margin |
|---|---|---|---|---|---|
| Solar energy | 173 | ₹79,398.24 cr | ~₹10.1 cr | 83% | 9.3% |
| Wind energy | 7 | ₹154.70 cr | ~₹4.3 cr | 71% | 7.6% |
| Company · legal entity | Revenue | Net result | Margin | Growth |
|---|---|---|---|---|
| Tata Power SolarTHE TATA POWER COMPANY LIMITED | ₹23,777.64 cr | ₹3,132.68 cr | 13.2% | +7% |
| Waaree EnergiesWAAREE ENERGIES LIMITED | ₹13,218.46 cr | ₹1,781.17 cr | 13.5% | +21% |
| Tata Power Renewable EnergyTATA POWER RENEWABLE ENERGY LIMITED | ₹12,137.06 cr | ₹464.96 cr | 3.8% | -15% |
| ThermaxTHERMAX LIMITED. | ||||
| Sterling and WilsonSTERLING AND WILSON RENEWABLE ENERGY LIMITED | ₹5,592.38 cr | ₹318.26 cr | 5.7% | +88% |
| TP SolarTP SOLAR LIMITED | ₹5,341.39 cr | ₹421.53 cr | 7.9% | >10× |
| KaramtaraKARAMTARA ENGINEERING LIMITED | ₹3,115.90 cr | ₹134.92 cr | 4.3% | +30% |
| Sterling And WilsonSTERLING AND WILSON PRIVATE LIMITED | ₹26.37 cr | 1.6% | ||
| Borosil RenewablesBOROSIL RENEWABLES LIMITED | ₹1,126.43 cr | ₹33.47 cr | 3.0% | +12% |
| Hinduja RenewablesHINDUJA RENEWABLES ENERGY PRIVATE LIMITED | ₹1,009.79 cr | ₹65.64 cr | 6.5% | +125% |
Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.
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.
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 Maharashtra compares. Debt, IPO and grant rounds are excluded.
US$738.78m
US$1.24bn
155 rounds in India
last 24 months
Bars show US$ 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.
Equity rounds over the last five years, 511 solar energy companies in Maharashtra among 2,531 in India.
Each deal appears in the events strip at the top of the page.
23 solar energy companies in Maharashtra have recorded equity funding, US$2.12bn in total. Totals and round dates describe the historical record; they are not current valuations.
Largest recorded equity totals, with the latest recorded round.
Solar energyDeveloper of large-scale renewable energy projects
Solar energyLeading industry player in clean energy solutions with a decade of experience in executing large-scale and complex renewable energy projects
Solar energyDeveloper of solar energy projects
Solar energyManufacturer of solar PV modules
Solar energyProvides Off-the-Grid Solar Energy Solutions
Solar energyProvider of open access and behind-the-meter solar energy solutions
Solar energyProvider of independent power generation services
Solar energyProvides solar plant installations, providing engineering, procurement, and construction services


Solar energyChains providing rooftop solar energy systems for residential and commercial properties
Wind energyDeveloper of solar and wind energy projects
Service providers to banksProvider of solar financing platform
Investment techPlatform for mapping renewable energy generation assets

Solar energyDeveloper of solar energy projects
Solar energyProvider of solar planning and designing services

Solar energyCompany specializing in engineering and infrastructure solutions
Solar energyDesigns and installs solar systems

₹12,137.06 cr in FY24-25 · net ₹464.96 cr · +1740% since FY2018
Filed standalone accounts · Tata Power Renewable Energy LimitedUS$766.16m across 2 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹509.84 cr in FY24-25 · net ₹83.12 cr · +708324% since FY2018
Filed standalone accounts · Aditya Birla Renewables LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹1,610.34 cr in FY24-25 · net ₹11.88 cr · +379% since FY2018
Filed consolidated accounts · Clean Max Enviro Energy Solutions LimitedUS$266.93m across 26 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹13,218.46 cr in FY24-25 · net ₹1,781.17 cr · +3847% since FY2014
Filed standalone accounts · Waaree Energies LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹17.26 lakh in FY18-19 · net ₹0.35 lakh · +2491% since FY2014
Filed standalone accounts · Capturesolar Energy LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹392.11 cr in FY24-25 · net ₹12.84 cr · +21203% since FY2020
Filed standalone accounts · Radiance Renewables Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2018
Filed standalone accounts · Nupower Renewables Private LimitedUS$82.71m across 3 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2017
Filed standalone accounts · Roofsol Energy Private LimitedUS$63.77m across 5 disclosed equity rounds
Darker bars = larger rounds

Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹364.30 cr in FY24-25 · net −₹36.87 cr · +1046% since FY2018
Filed standalone accounts · Solarsquare Energy Private LimitedUS$61.11m across 4 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2018
Filed standalone accounts · Alfa Infraprop Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · +4039% since FY2020
Filed standalone accounts · Metafin Cleantech Finance Private LimitedUS$15.66m across 4 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · +705% since FY2018
Filed standalone accounts · Artha India Holdings Private LimitedUS$11.47m across 6 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹301.71 cr in FY24-25 · net ₹17.42 cr · +483% since FY2017
Filed standalone accounts · Oriano Clean Energy Private LimitedUS$3.82m across 2 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹271.74 cr in FY24-25 · net ₹15.12 cr · +150% since FY2024
Filed consolidated accounts · Kalpa Power Private LimitedUS$1.54m across 2 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹239.61 cr in FY24-25 · net ₹38.69 cr · -43% since FY2017
Filed standalone accounts · Satec Envir Engineering (India) Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹16.66 cr in FY24-25 · net ₹1.48 cr · -88% since FY2018
Filed standalone accounts · Relyon Solar Private LimitedUS$1.17m across 6 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Meet the people behind solar energy companies in Maharashtra. 133 of 408 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.
Solar energy companies in Maharashtra with the highest one-year revenue growth among those reporting at least ₹5 crore in revenue. Growth is the reported one-year change for the period shown.
Real estate & infrastructure developersProvider of infrastructure development services and develops solar power & lithium-ion batteries
Founders
Details not available
Solar energyProvider of solar installation services


Solar energyProvider of solar photovoltaic panels
Founders
Details not available
Solar energyProvider of solar energy solutions, including finance and plant design

Solar energyDeveloper of renewable energy power projects
Founders
Details not available
Solar energyProvider of solar panels, lights, pumps, chargers, heaters, and other products
Founders
Details not available
Solar energyProvider of street lights and water heaters
Founders
Details not available
Solar energyManufacturer of solar powered products
Founders
Details not available
Solar energyManufacturer of solar powered products
Founders
Details not available
Energy storagePlatform offering a one-stop digital marketplace for defence, space, and aerospace sectors

Solar energyProvider of solar energy solutions for water pumping, rooftop systems, cold storage, and power plants
Founders
Details not available
Solar energyManufacturer of solar power products
Founders
Details not available
₹41.84 cr in FY23-24 · net −₹6.48 cr · +7783% since FY2019
Filed standalone accounts · Innovinc Aspire Infratech Solutions Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.


Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹5,341.39 cr in FY24-25 · net ₹421.53 cr · +2193% since FY2024
Filed standalone accounts · Tp Solar LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2020
Filed standalone accounts · Solenco Infra Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2018
Filed standalone accounts · Soyo Energies Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2018
Filed standalone accounts · Electraa Solar Energy Systems Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net ₹1.22 cr · +3608% since FY2020
Filed standalone accounts · Modern Energy Rental Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹26.67 cr in FY24-25 · net ₹40.11 lakh · +4603% since FY2019
Filed standalone accounts · Soledify Systems Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2022
Filed standalone accounts · Defspace Technologies Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2019
Filed standalone accounts · Younity Energy Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹38.45 cr in FY23-24 · net ₹37.06 lakh · +275% since FY2023
Filed standalone accounts · Sunseed Power India Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Companies whose recorded headcount rose the most between the two most recent team-size snapshots. A larger team is a signal of momentum, not of profitability.
Solar energyManufacturer of solar glass
Solar energyDeveloper of solar and wind energy projects
Founders
Details not available
Solar energyChains providing rooftop solar energy systems for residential and commercial properties
Solar energyManufacturer of solar powered products
Solar energyManufacturer of power electronics
Energy efficiencyPromotes clean lighting in rural areas
Solar energyDeveloper of solar energy projects
Founders
Details not available
Solar energyMulti-scale solar and wind project developer
Solar energyProvides solar plant installations, providing engineering, procurement, and construction services


₹1,126.43 cr in FY24-25 · net ₹33.47 cr · +401% since FY2019
Filed standalone accounts · Borosil Renewables LimitedFocus: Advanced anti‑reflection and opacity coatings for photovoltaic glass
CPC C03C17/34, C03C3/097, C03C17/23Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹15.26 cr in FY24-25 · net ₹2.11 cr · +3% since FY2024
Filed standalone accounts · Green World Renewable Energy Limited (matched by legal name)Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹364.30 cr in FY24-25 · net −₹36.87 cr · +1046% since FY2018
Filed standalone accounts · Solarsquare Energy Private LimitedUS$61.11m across 4 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY22-23 · net · since FY2022
Filed standalone accounts · Mahindra Solarize Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2018
Filed standalone accounts · Sma Solar India Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹2.51 cr in FY24-25 · net ₹9.20 lakh · -79% since FY2018
Filed standalone accounts · Sgurrenergy India Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2017
Filed standalone accounts · Roofsol Energy Private LimitedUS$63.77m across 5 disclosed equity rounds
Darker bars = larger rounds

Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Solar energy companies in Maharashtra with at least one woman on the founding team. Expand a profile to meet the founders; teams can include both women and men.
Solar energyChains providing rooftop solar energy systems for residential and commercial properties
Solar energyProvider of solar installation services


Solar energySolar project financing and development

Energy storagePlatform offering a one-stop digital marketplace for defence, space, and aerospace sectors

Solar energyManufacturer and service provider in the solar energy sector

Solar energyMicrogrids and solar water pumping solutions
Solar energySolar panel & products installation company
Solar energyRenewable energy services company that provides a range of solutions to its clients, leveraging its expertise in the energy sector
Infrastructure fundsOperator of solar power generation, including rooftop solar power systems
Wind energyDeveloper of solar and wind energy projects
Founders
Details not available
Solar energyManufacturer of solar lights
Founders
Details not available
₹364.30 cr in FY24-25 · net −₹36.87 cr · +1046% since FY2018
Filed standalone accounts · Solarsquare Energy Private LimitedUS$61.11m across 4 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.


Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2018
Filed standalone accounts · Oorjan Cleantech Private LimitedUS$655k across 3 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2022
Filed standalone accounts · Defspace Technologies Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net ₹7.96 lakh · +29% since FY2018
Filed standalone accounts · Mxpower Solar Private Limited
Focus: Patents concentrated in electrical & electronics
CPC H02S50/10, H10F19/804, H02S20/30Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹12.82 cr in FY24-25 · net ₹52.84 lakh · +107% since FY2018
Filed standalone accounts · Gram Oorja Solutions Private Limited.US$348k across 4 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2023
Filed standalone accounts · Prakritik Solar Solutions Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Solar energy companies in Maharashtra founded in the last four years, newest first.
Solar energyManufacturer of solar panels and solar water pumps for various applications
Founders
Details not available
Provider of solar panel installation, maintenance, and related energy solutions
Founders
Details not available
Solar energyProvider of heating solutions through pragmatic solar thermal

Provider of customised rooftop solar solutions for residential and commercial properties

Solar energyElysian Energy: Renewable Energy Solutions Provider | Best Solar Energy Company in Mumbai
Solar energyManufacturer of solar PV modules and provider of energy solutions
Solar energyManufacturer of solar powered products
Founders
Details not available
Solar energySolar energy solutions provider offering a range of products and services, from solar panels to inverters, aimed at helping individuals and businesses
Founders
Details not available
Provider of rooftop solar systems for residential and commercial properties
Founders
Details not available
Solar energyDeveloper of solar energy projects
Founders
Details not available
Diversified company offering a range of products and services, including solar water pump systems, electric vehicles charging stations, and digital schools
Founders
Details not available
Solar energyProvider of solar-based products and solutions, including solar panels, solar water heaters, and solar garden lights
Founders
Details not available
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net ₹0.12 lakh · +223% since FY2023
Filed standalone accounts · Shirley Plus Private Limited (matched by legal name)Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Companies with the most distinct news events in the last 24 months across the business press Fliar tracks.
Solar energyManufacturer of solar PV modules
Solar energyDeveloper of solar energy projects
Solar energyManufacturer of solar powered products
Founders
Details not available
Solar energyWater & waste management solution provider
Solar energyManufacturer of solar glass
Solar energyDeveloper of energy storage systems
Solar energyDeveloper of large-scale renewable energy projects
Solar energyChains providing rooftop solar energy systems for residential and commercial properties
Oil & gas equipmentProvider of EPC and O&M services for energy sector projects
Founders
Details not available
Solar energyProvider of solar photovoltaic panels
Founders
Details not available
Electricity transmission & distribution equipmentIntegrated manufacturer of products for renewable energy and transmission lines sectors
Solar energyDeveloper of solar energy projects
₹13,218.46 cr in FY24-25 · net ₹1,781.17 cr · +3847% since FY2014
Filed standalone accounts · Waaree Energies LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹1.51 lakh in FY24-25 · net −₹33.15 lakh · since FY2023
Filed standalone accounts · Reliance Green Energies Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2018
Filed standalone accounts · Thermax Limited.Focus: Automotive hybrid HVAC systems integrating metal‑hydride heat pumps and exhaust‑gas control
CPC F25B17/12, F25B15/008, F25B25/02Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹1,126.43 cr in FY24-25 · net ₹33.47 cr · +401% since FY2019
Filed standalone accounts · Borosil Renewables LimitedFocus: Advanced anti‑reflection and opacity coatings for photovoltaic glass
CPC C03C17/34, C03C3/097, C03C17/23Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹5,592.38 cr in FY24-25 · net ₹318.26 cr · -9% since FY2018
Filed standalone accounts · Sterling And Wilson Renewable Energy LimitedFocus: Air purification technologies for HVAC air handling units
CPC A61L9/205Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹12,137.06 cr in FY24-25 · net ₹464.96 cr · +1740% since FY2018
Filed standalone accounts · Tata Power Renewable Energy LimitedUS$766.16m across 2 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹364.30 cr in FY24-25 · net −₹36.87 cr · +1046% since FY2018
Filed standalone accounts · Solarsquare Energy Private LimitedUS$61.11m across 4 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹5,341.39 cr in FY24-25 · net ₹421.53 cr · +2193% since FY2024
Filed standalone accounts · Tp Solar LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹3,115.90 cr in FY24-25 · net ₹134.92 cr · +177% since FY2018
Filed standalone accounts · Karamtara Engineering LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹1,610.34 cr in FY24-25 · net ₹11.88 cr · +379% since FY2018
Filed consolidated accounts · Clean Max Enviro Energy Solutions LimitedUS$266.93m across 26 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
The most common specialisations among solar energy companies in Maharashtra. Open a company to see what it sells, who runs it and how far it has come.
29 solar energy companies in Maharashtra work in wind energy. Shown: the best-documented.
Investment techPlatform for mapping renewable energy generation assets

Wind energyRenewable energy platform offering tailored solutions for a greener tomorrow


Solar energyDeveloper of solar energy projects
Wind energyRenewable energy power based IPP

Management consulting servicesProvider of business strategy, financing, logistics, and other consulting services

Solar energyDeveloper of large-scale renewable energy projects
Solar energyProvider of independent power generation services
Wind energyDeveloper of solar and wind energy projects
Solar energyDeveloper of wind, solar, hybrid, and green hydrogen energy projects
Wind energyManufacturer and supplier of renewable energy and energy efficiency products
Wind energyA leading renewable energy company developing and operating large-scale projects
Solar energySolar and wind power generator
in FY24-25 · net · +705% since FY2018
Filed standalone accounts · Artha India Holdings Private LimitedUS$11.47m across 6 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹52.13 lakh in FY24-25 · net −₹8.03 lakh · +1853% since FY2023
Filed standalone accounts · Energybae Private Limited

Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹1,610.34 cr in FY24-25 · net ₹11.88 cr · +379% since FY2018
Filed consolidated accounts · Clean Max Enviro Energy Solutions LimitedUS$266.93m across 26 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹28.07 cr in FY23-24 · net ₹3.97 cr · -37% since FY2017
Filed standalone accounts · Ghodawat Energy Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹17.18 cr in FY24-25 · net −₹12.04 lakh · since FY2024
Filed standalone accounts · Sorigin Services Private Limited (matched by legal name)
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹12,137.06 cr in FY24-25 · net ₹464.96 cr · +1740% since FY2018
Filed standalone accounts · Tata Power Renewable Energy LimitedUS$766.16m across 2 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2018
Filed standalone accounts · Nupower Renewables Private LimitedUS$82.71m across 3 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2018
Filed standalone accounts · Alfa Infraprop Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹307.36 cr in FY24-25 · net ₹23.24 cr · +314% since FY2021
Filed standalone accounts · Viviid Renewables Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹4.27 cr in FY24-25 · net ₹1.32 cr · -77% since FY2018
Filed standalone accounts · Epic Energy Limited (matched by legal name)Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹13.66 cr in FY24-25 · net · -14% since FY2018
Filed standalone accounts · Veer Energy & Infrastructure LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹46.76 cr in FY24-25 · net −₹3.08 cr · -35% since FY2020
Filed standalone accounts · Konark Synthetic LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
12 solar energy companies in Maharashtra work in energy efficiency. Shown: the best-documented.
Solar energyProvider of heating solutions through pragmatic solar thermal

Iot servicesDeveloper of solar energy projects

Energy efficiencyPromotes clean lighting in rural areas
Solar energyDeveloper of solar and wind energy projects
Energy efficiencyProvider of sustainable products and services for eco-conscious consumers
Founders
Details not available
Solar energyManufacturer of solar charge controllers and inverters. It provides solar lighting solutions, lithium-ion battery packs, and static voltage stabilizers. The company also offers solar pump controllers and pure sine wave inverters, serving residential, rural electrification, industrial, commercial, security, surveillance, and telecommunications sectors. Its focus is on renewable energy and energy conservation, leveraging AI and IoT technologies to optimize energy usage and increase efficiency. The company develops online training programs in emerging technologies to promote sustainable practices
Founders
Details not available
Energy efficiencyLED lighting products manufacturer
Founders
Details not available
Solar energyManufacturer and installer of solar power systems for residential, commercial, and industrial applications. This includes the design and implementation of ground-mounted, rooftop, and floating solar projects. They provide project management services and offer energy audits to assess power consumption and optimize system design for maximum efficiency and return on investment. The company also manufactures various solar equipment, including solar home lighting systems and water heating systems. Post-installation maintenance services are also offered.
Founders
Details not available
Energy efficiencyProducer of narrative feature films, short films, and TV series

Solar energyManufacturer of solar, LED, and outdoor products. This entity designs and manufactures a variety of products including solar street lights, flood lights, home lighting systems, and water pumping systems. Their LED product line encompasses street lights, flood lights, and panel lights. Additionally, they produce outdoor equipment such as green gym equipment, and various types of poles, as well as garden benches and garbage waste products. Products are manufactured using high-quality components and undergo stringent quality testing.
Founders
Details not available
Solar energySupplier of industrial equipment, including lighting, CCTV, and computer systems. This includes a variety of industrial lighting solutions, CCTV surveillance equipment, and computer hardware such as laptops and printers. The company focuses on providing quality products and satisfactory service to its customers. They supply wires and cables for electrical applications, and also offer solar lighting systems. The business model centers on providing a one-stop shop for various industrial electrical and electronics needs.
Founders
Details not available
Solar energyManufacturer of solar powered products
Founders
Details not available

Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹2.30 lakh in FY21-22 · net −₹3.23 lakh · +233% since FY2021
Filed standalone accounts · Greengrid Renewables Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · +903% since FY2019
Filed standalone accounts · Navyblue Resources Integration And Solutions Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹0.09 lakh in FY24-25 · net · since FY2023
Filed standalone accounts · Idealers B2B Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹3.30 cr in FY24-25 · net ₹5.61 lakh · +409% since FY2017
Filed standalone accounts · Levicon (India) System Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net −₹54.00 lakh · -56% since FY2018
Filed standalone accounts · Datum Energy System Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹1.48 cr in FY24-25 · net ₹1.78 lakh · +202% since FY2023
Filed standalone accounts · Megapower Future Energies Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
6 solar energy companies in Maharashtra work in hydro power. Shown: the best-documented.
Hydro powerProvider of energy education, solutions, project finance, and expert consultation
Founders
Details not available
Hydro powerProvider of online gaming platform with unique game strategies
Hydro powerProducer and distributor of hydroelectric power
Solar energyDeveloper of renewable energy projects
Wind energyDeveloper of solar and wind energy projects
Founders
Details not available
Hydro powerProvider of electrical and renewable energy engineering solutions
Founders
Details not available
in FY24-25 · net · +1711% since FY2018
Filed standalone accounts · Wudmin Energy Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹73.33 cr in FY24-25 · net ₹76.50 lakh · since FY2018
Filed standalone accounts · Urjankur Shree Tatyasaheb Kore Warana Power Company Limited (matched by legal name)Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
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