Company lists
The Pune edition · 2026

Solar energycompanies in Pune

EPC & installers, panels & inverters, wind & renewables, storage & efficiency, consulting and more: the companies building solar energy in Pune, Maharashtra, with their founders, funding, team size and business models.

109 company profiles60 with reported revenue4 with recorded fundingOctober 2026 edition
Pune · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent solar energy business events in India

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

ContractSupply

Ganesh Green Bharat · client: NTPC Renewable Energy

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

Renewable energy
ContractTechnology

Sharika enterprises · client: Uttarakhand Power Corporation (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
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 Triveni Smart Meters Limited

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

Smart metering
ContractSupply

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

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

Smart metering
Funding

Waaree energies

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

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

Waaree acquires Waaree

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

ContractSupply

Bondada Engineering · client: Ambuja cements

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

Solar
ContractSupply

Bondada Engineering · client: Adani Ports and Special Economic Zone

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

Solar
M&AAcquisition · Announced

Saatvik Green Energy acquires Melcon Transformers & Electricals Pvt Ltd

Saatvik Green Energy Ltd has announced the acquisition of 80 per cent equity stake in Melcon Transformers & Electricals Pvt Ltd, a Jaipur-based transformer manufacturer.

Transformer Manufacturing
M&AAcquisition · Announced

Premier energies acquires Ksolare energy

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

Inverter Production
ContractInfrastructure

Solarworld Energy Solutions Limited · client: NTPC Renewable Energy

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

Renewable Energy
FundingLetter of Intent

Zodiac energy

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

Investors Na
Solar Energy
M&AAcquisition · Announced

Inox Clean Energy acquires Sunsource energy

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

Solar Projects
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
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 Pune, by revenue

Browse solar energy companies in Pune 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 60 solar energy companies in Pune, Maharashtra 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

Solar EPC company

Solar energy
₹522.74 crFY 2024-25
+44%2024–2025
358+29% 12 mo to Jul 2024LinkedIn · Jul 2026
15 yr2011
0none in 3 months · last posted Apr 2026

Manufacturer of solar grid-tie inverter & EV charger

Solar energy
₹344.34 crFY 2024-25
+51%2024–2025
126+29% 12 mo to Sep 2024LinkedIn · Jul 2026
14 yr2012
0none in 3 months · last posted Jul 2026

Provider of solar planning and designing services

Solar energy
₹271.74 crFY 2024-25
+150%2024–2025
235+24% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months · last posted Jan 2025

Provider of solar water and pumps

Solar energy
₹196.16 crFY 2024-25
+80%2024–2025
141+23% 12 mo to Sep 2024LinkedIn · Jul 2026
39 yr1987
0none in 3 months · last posted Jul 2026

Provider of solar power plants, inverters, and modules with a focus on innovation and customer progress

Solar energy
₹130.29 crFY 2021-22
Not reported
58+16% 12 mo to Sep 2024LinkedIn · Jul 2026
138 yr1888
0none in 3 months

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 energy
₹139.97 crFY 2024-25
+7%2024–2025
42LinkedIn · Jul 2026
12 yr2014
0none in 3 months

Consultancy and Engineering services to corporates

Solar energy
₹115.26 crFY 2024-25
-13%2024–2025
590+26% 12 mo to Sep 2024LinkedIn · Oct 2026
28 yr1998
0none in 3 months · last posted Jun 2026

Developer of solar energy projects

Solar energy
₹105.63 crFY 2024-25
+214%2024–2025
112LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Manufacturer of solar powered products

Solar energy
₹101.45 crFY 2024-25
+24%2024–2025
—Not available
16 yr2010
0none in 3 months · last posted Jul 2026

Manufacturing and system integration of renewable energy products and solar power

Solar energy
₹70.44 crFY 2021-22
Not reported
58+1833% 12 mo to Sep 2024recorded Sep 2024
19 yr2007
0none in 3 months

Developer of solar energy projects

Solar energy
₹76.61 crFY 2024-25
+20%2024–2025
13-13% 12 mo to Aug 2023LinkedIn · Oct 2026
17 yr2009
0none in 3 months

Provider of solar energy solutions for water pumping, rooftop systems, cold storage, and power plants

Solar energy
₹71.67 crFY 2024-25
+295%2024–2025
15LinkedIn · Jul 2026
9 yr2017
0none in 3 months · last posted Jun 2026

Developer of solar energy projects

Solar energy
₹64.04 crFY 2024-25
+4%2024–2025
65+20% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Developer of solar & wind energy projects

Wind energy
₹62.61 crFY 2024-25
+141%2024–2025
62LinkedIn · Jul 2026
20 yr2006
0none in 3 months · last posted May 2026

Water & waste management solution provider

Solar energy
£5.76mFY 2023-24
Not reported
11,579-26% 12 mo to Mar 2024LinkedIn · Oct 2026
60 yr1966
0none in 3 months · last posted Jun 2026

Provider of business strategy, financing, logistics, and other consulting services

Management consulting services
SGD 8.95mFY 2022-23
Not reported
272LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Designs and installs solar systems

Solar energy
₹53.40 crFY 2024-25
+28%2024–2025
76LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Manufacturer of solar power products

Solar energy
₹38.45 crFY 2023-24
+275%2023–2024
32LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Manufacturer solar power electronics

Solar energy
₹37.34 crFY 2024-25
+4%2024–2025
—Not available
10 yr2016
0none in 3 months

Developer of solar energy projects

Solar energy
₹36.39 crFY 2024-25
+43%2024–2025
226+30% vs previous recordLinkedIn · Jul 2026
24 yr2002
0none in 3 months

Provider of design, manufacture, and installation of solar energy solutions

Solar energy
₹28.63 crFY 2024-25
+235%2024–2025
9LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Developer of solar energy projects

Solar energy
₹28.35 crFY 2024-25
+27%2024–2025
17+6% 12 mo to Sep 2024recorded Sep 2024
17 yr2009
1postings · last posted Sep 2026

Manufacturer of solar powered products

Solar energy
₹26.67 crFY 2024-25
+347%2024–2025
—Not available
7 yr2019
0none in 3 months

Provider of solar powered lights

Solar energy
₹23.80 crFY 2024-25
+47%2024–2025
18LinkedIn · Jul 2026
17 yr2009
0none in 3 months

Solar rooftop installer

Solar energy
₹23.12 crFY 2024-25
+66%2024–2025
—Not available
33 yr1993
0none in 3 months
50 of 109 companies shown here · the full list is on Radar
Fliar Radar

Explore all 109 solar energy companies in Pune on Radar

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

Open solar energy in Pune on Radar
  • Every company, not just 50All 109 solar energy companies in Pune, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore solar energy companies in Pune by what you are looking for

Find top solar energy companies in Pune, from solar EPC installers to panel and inverter makers. Browse solar energy companies in Pune and solar energy startups by category.

8 ways to explore solar energy in Pune

Solar EPC & project development companiesSolar panel, inverter & equipment manufacturersWind & hybrid renewable energy developersEnergy storage, LED lighting & efficiencySolar & energy consulting servicesListed solar energy companies in Pune

Solar EPC & project development companies

Companies that design, build and install solar power projects.

  1. Enrich Energy

    Solar EPC company

    Solar energy
    See in list
  2. Kalpa Power

    Provider of solar planning and designing services

    Solar energy
    See in list
  3. Mitcon Consultancy & Engineering Services

    Consultancy and Engineering services to corporates

    Solar energy
    See in list
  4. B. U. Bhandari Energy

    Developer of solar energy projects

    Solar energy
    See in list
  5. RelyOn Solar

    Designs and installs solar systems

    Solar energy
    See in list

Solar panel, inverter & equipment manufacturers

Makers of solar modules, inverters, pumps and related hardware.

  1. Ksolare Energy

    Manufacturer of solar grid-tie inverter & EV charger

    Solar energy
    See in list
  2. OSG Oriana India

    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 energy
    See in list
  3. Energy Marketers

    Manufacturing and system integration of renewable energy products and solar power

    Solar energy
    See in list
  4. Sileaf

    Manufacturer solar power electronics

    Solar energy
    See in list
  5. MX Power Solar

    Manufacturer and service provider in the solar energy sector

    Solar energy
    See in list

Wind & hybrid renewable energy developers

Developers of wind, hybrid and other renewable projects.

  1. Skeiron

    Wind power producer and solar project developer

    Solar energy
    Website
  2. Continual

    Developer of solar & wind energy projects

    Wind energy
    See in list
  3. Wudmin

    Provider of energy education, solutions, project finance, and expert consultation

    Hydro power
    See in list
  4. CaptureSolar Energy

    Provides Off-the-Grid Solar Energy Solutions

    Solar energy
    Website
  5. Sharvil Power and Agro Technologies

    Provider of renewable energy solutions, agro products, and CBRN consultancy

    Wind energy
    Website

Energy storage, LED lighting & efficiency

Batteries, efficient lighting and monitoring solutions.

  1. Dabun

    Manufacturer and supplier of solar inverter solutions

    Energy storage tech
    See in list
  2. Datum Energy systems

    LED lighting products manufacturer

    Energy efficiency
    See in list
  3. MEGAPOWER SOLAR

    Manufacturer 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.

    Solar energy
    Website
  4. Inject Solar

    Provider of solar EPC services and IoT-based monitoring solutions for plants

    Iot services
    Website
  5. Solarswytch

    Provider of solar panels, heaters, inverters, batteries and installation kits

    Solar energy
    Website

Solar & energy consulting services

Advisory on strategy, finance and project planning for energy.

  1. Sorigin

    Provider of business strategy, financing, logistics, and other consulting services

    Management consulting services
    See in list
  2. Wudmin

    Provider of energy education, solutions, project finance, and expert consultation

    Hydro power
    See in list
  3. Continual

    Developer of solar & wind energy projects

    Wind energy
    See in list
  4. TechDzire

    Solar installation & solar O&M service provider company

    Solar energy
    See in list
  5. SunGET Solar Infra

    Operation, maintenance, and EPC services provider for the solar energy sector

    Solar energy
    See in list

Listed solar energy companies in Pune

Publicly listed solar and energy companies.

  1. Mitcon Consultancy & Engineering Services

    Consultancy and Engineering services to corporates

    Solar energy
    See in list
  2. Thermax

    Water & waste management solution provider

    Solar energy
    See in list
  3. GK Energy

    Provider of engineering, procurement, and commissioning services for solar-powered agricultural water pump systems

    Solar energy
    Website
3 companies in Pune

Solar energy startups in Pune

Newer solar companies founded in recent years.

  1. Sorigin

    Provider of business strategy, financing, logistics, and other consulting services

    Management consulting services
    See in list
  2. Myriad Energy

    Provider of design, manufacture, and installation of solar energy solutions

    Solar energy
    See in list
  3. Frevolt

    Provider of solar installation services

    Solar energy
    See in list
  4. Surolit Energy

    Developer of solar PV project

    Solar energy
    See in list
  5. REI-INFRA

    Green energy solutions and electrical infrastructure project consultancy

    Solar energy
    See in list
14 companies in Pune

Solar energy companies hiring in Pune

Solar companies with open roles right now.

  1. Enrich Energy

    Solar EPC company

    Solar energy
    See in list
  2. Ksolare Energy

    Manufacturer of solar grid-tie inverter & EV charger

    Solar energy
    See in list
  3. Kalpa Power

    Provider of solar planning and designing services

    Solar energy
    See in list
  4. Span Pumps

    Provider of solar water and pumps

    Solar energy
    See in list
  5. Mitcon Consultancy & Engineering Services

    Consultancy and Engineering services to corporates

    Solar energy
    See in list
12 companies in Pune
Mobile reach

Top 7 solar energy apps from Pune

The most-installed Android apps published by solar energy companies headquartered in Pune — 5K installs between them. 7 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 7
7

SORIGIN FSM OMS

by Sorigin

Installs34
Rating—
Last updatedMay 2026
View on Google Play ↗
SORIGIN FSM OMS screenshot 1SORIGIN FSM OMS screenshot 2SORIGIN FSM OMS screenshot 3SORIGIN FSM OMS screenshot 4SORIGIN FSM OMS screenshot 5SORIGIN FSM OMS screenshot 6
The business behind the activity

Solar energy financials in Pune

Revenue, profit and growth from the filed annual accounts of 50 solar energy companies in Pune, Maharashtra for FY24-25 — 66 of the 109 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 86% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹9,562.30 cr

50 companies filing accounts

combined net profit₹779.58 cr

8.2% aggregate margin

are profitable84%

42 of 50 companies

median revenue~₹12.0 cr

the typical company

median revenue growth+27%

into FY24-25

earned by the top five86%

revenue concentration

Six-year view

Combined revenue of filing companies

₹4,348.49 crFY19-2044 filers
₹4,262.82 crFY20-2146 filers
₹5,591.16 crFY21-2247 filers
₹6,836.03 crFY22-2349 filers
₹8,175.18 crFY23-2453 filers
₹9,562.30 crFY24-2550 filers

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

Like-for-like

The same 43 companies over three years

+40%
FY22-23₹6,812.27 cr₹387.31 cr net
FY23-24₹8,079.46 cr₹544.02 cr net
FY24-25₹9,503.60 cr₹778.79 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 cr333% profitable
₹1–10 cr2075% profitable
₹10–100 cr1794% profitable
₹100–1,000 cr9100% profitable
Over ₹1,000 cr1100% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking13
0–20%8
20–50%9
50–100%4
Doubled+14

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

Profitability

Profit is concentrated at the top

42profitable
8loss-making
8.2%aggregate margin
4.0%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
SoledifySOLEDIFY SYSTEMS PRIVATE LIMITED+347%₹26.67 cr
Younity EnergyYOUNITY ENERGY PRIVATE LIMITED+295%₹71.67 cr
Myriad EnergyMYRIAD ENERGY PRIVATE LIMITED+235%₹28.63 cr
B. U. Bhandari EnergyB.U.BHANDARI ENERGY PRIVATE LIMITED+214%₹105.63 cr
RelyOn SolarRELYON SOLAR PRIVATE LIMITED+160%₹16.66 cr
REI-INFRAREINITIATIVES ENERGY AND INFRA PRIVATE LIMITED
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
SunInfra EnergiesSUNINFRA ENERGIES LIMITED12.4%₹65.12 cr
Younity EnergyYOUNITY ENERGY PRIVATE LIMITED11.9%₹71.67 cr
ContinualCONTINUAL RENEWABLE ENERGY PRIVATE LIMITED11.6%₹62.61 cr
Enrich EnergyENRICH ENERGY PRIVATE LIMITED10.4%₹522.74 cr
B. U. Bhandari EnergyB.U.BHANDARI ENERGY PRIVATE LIMITED10.2%₹105.63 cr
SolairedirectENGIE ENERGY INDIA PRIVATE LIMITED10.1%₹179.49 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Solar energy45₹9,477.67 cr~₹12.8 cr89%8.2%
Leaders

Largest solar energy companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
ThermaxTHERMAX LIMITED.₹6,456.60 cr₹572.14 cr8.9%+7%
Indian Cables & ElectricalsINDIAN CABLES AND ELECTRICALS PRIVATE LIMITED₹669.86 cr₹21.79 cr3.3%+41%
Enrich EnergyENRICH ENERGY PRIVATE LIMITED₹522.74 cr₹54.36 cr10.4%+44%
Ksolare EnergyKSOLARE ENERGY PRIVATE LIMITED₹344.34 cr₹23.62 cr6.9%+51%
Kirloskar SolarKIRLOSKAR SOLAR TECHNOLOGIES PRIVATE LIMITED₹268.69 cr₹14.99 cr5.6%+57%
Spanpump, Span PumpsSPAN PUMPS PVT LTD₹196.16 cr₹13.81 cr7.0%+80%
SolairedirectENGIE ENERGY INDIA PRIVATE LIMITED₹179.49 cr₹18.12 cr10.1%+82%
OSG Oriana IndiaOSG ORIANA INDIA PRIVATE LIMITED₹131.24 cr₹5.12 cr3.9%+1%
B. U. Bhandari EnergyB.U.BHANDARI ENERGY PRIVATE LIMITED₹105.63 cr₹10.80 cr10.2%+214%
Accurate Powertech IndiaACCURATE POWERTECH INDIA PRIVATE LIMITED₹101.45 cr₹2.00 cr2.0%+24%
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

AI Industry Landscape of Pune

The financials above are one chapter. The full solar energy landscape of Pune 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 Pune
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 Pune compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months11

US$730.02m

equity rounds, last 24 months46

US$1.23bn

raised over five yearsUS$4.24bn

155 rounds in India

M&A deals, India105

last 24 months

Capital by year

Equity funding into solar energy in India

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

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

The funding ladder · five years

Rounds and typical cheque by stage

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

Most-funded sub-sectors

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

M&A in India

102Acquisition
2Merger
1Announced

Most active acquirers

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

Most acquired or merged

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

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

Solar energy funding in Pune

4 solar energy companies in Pune have recorded equity funding, US$128.06m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Pune

Meet the people behind solar energy companies in Pune. 33 of 109 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Pune solar energy companies by sub-sector

The most common specialisations among solar energy companies in Pune. 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.

Coming soon