Company lists
The Rajasthan edition · 2026

Solar energycompanies in Rajasthan

EPC & developers, panels & modules, solar products, storage & wind, startups and more: the companies building solar energy in Rajasthan, with their founders, funding, team size and business models.

77 company profiles41 with reported revenue2 with recorded fundingOctober 2026 edition
Rajasthan · 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: 522 Contracts · 104 M&A deals · 74 funding rounds · 3 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

ContractTechnology

Sharika enterprises · client: Uttarakhand Power Corporation (UPCL)

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

Power distribution
ContractSupply

Ganesh Green Bharat · client: NTPC Renewable Energy

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

Renewable energy
FundingQualified Institutional Placement (QIP)

Acme solar

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

Investors Na
M&AAcquisition · Announced

Aditya birla group acquires Sprng energy

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

Renewable Energy
ContractSupply

Hoganäs India Private Limited · client: Hinduja renewables

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

Renewable energy
ContractSupply

Hirschvogel Components · client: Hinduja renewables

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

Renewable energy
ContractTechnology

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

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

Power
ContractSupply

Saatvik Green Energy · client: Domestic independent power producer

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

Clean energy / solar
M&AAcquisition · Completed

Thakral acquires TIL Investments Private Limited (TIL)

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

Healthcare-led real estate development
M&AMerger · Completed

Mascot dynamics acquires Amrut Energy Private Limited

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

Solar-powered water pumping systems
ContractSupply

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

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

Smart metering
ContractSupply

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

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

Smart metering
Funding

Waaree energies

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

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

Waaree acquires Waaree

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

ContractSupply

Bondada Engineering · client: Adani Ports and Special Economic Zone

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

Solar
ContractSupply

Bondada Engineering · client: Ambuja cements

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

Solar
M&AAcquisition · Announced

Saatvik Green Energy acquires Melcon Transformers & Electricals Pvt Ltd

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

Transformer Manufacturing
M&AAcquisition · Announced

Premier energies acquires Ksolare energy

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

Inverter Production
ContractInfrastructure

Solarworld Energy Solutions Limited · client: NTPC Renewable Energy

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

Renewable Energy
FundingLetter of Intent

Zodiac energy

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

Investors Na
Solar Energy
M&AAcquisition · Announced

Inox Clean Energy acquires Sunsource energy

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

Solar Energy
M&AAcquisition · Announced

Inox Clean Energy acquires Sunsource energy

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

Solar Projects
ContractGovernment

Uttar Pradesh government · client: Loom solar

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

Renewable Energy
M&AAcquisition · Pending

National Investment and Infrastructure Fund (NIIF) acquires Sprng energy

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

Renewable Power / Energy
M&AAcquisition · Completed

Shell Group acquires Sprng energy

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

Renewable Energy
ContractService

Sterling and wilson renewable energy · client: Coal india

The company said it has been declared the L1 bidder for a turnkey EPC package from Coal India for the development of an 875 MW (AC) grid-connected solar PV project in Bikaner, Rajasthan.…

Renewable Energy
FundingParent company guarantee

Sterling and wilson renewable energy

Sterling and Wilson Renewable Energy Limited has issued a USD 34 million parent company guarantee in favour of Nedbank Limited to secure an additional working capital facility for…

Investors Nedbank
Solar power
ContractSupply

Ganesh Green Bharat · client: Na

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

Solar
M&AAcquisition

Thermax acquires Exactspace

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

Solar energy companies in Rajasthan, by revenue

Browse solar energy companies in Rajasthan by reported revenue, one-year revenue growth, revenue model, age and stage. The 41 companies below are the largest by their most recent reported revenue among 41 solar energy companies in Rajasthan 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 41

Manufacturer of solar PV module & panel

Solar energy
₹1,343.02 crFY 2024-25
+81%2024–2025
534-12% 12 mo to Mar 2024LinkedIn · Oct 2026
11 yr2015
1postings · last posted Sep 2026

Provider of solar engineering, procurement, and construction services for power projects

Solar energy
₹1,238.13 crFY 2024-25
+15%2024–2025
734+39% 12 mo to Sep 2024LinkedIn · Oct 2026
15 yr2011
0none in 3 months · last posted Jun 2026

Provider of solar energy products and services

Solar energy
₹301.24 crFY 2024-25
-9%2024–2025
410LinkedIn · Oct 2026
28 yr1998
0none in 3 months

Provider of end-to-end solar solutions, including financing and maintenance

Solar energy
₹205.82 crFY 2024-25
+634%2024–2025
122LinkedIn · Jul 2026
9 yr2017
1postings · last posted Sep 2026

Solar farms EPC

Solar energy
₹134.55 crFY 2024-25
+200%2024–2025
234LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Manufacturer of solar powered products

Solar energy
₹123.78 crFY 2024-25
+35%2024–2025
17+16% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Provides end-to-end solutions for rooftop solar solutions and distributes solar modules

Solar energy
₹101.44 crFY 2024-25
-31%2024–2025
17LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Renewable energy solutions provider offering design, installation, and maintenance services for solar energy systems

Solar energy
₹101.22 crFY 2024-25
+9%2024–2025
41LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Developer of solar energy projects

Solar energy
₹89.66 crFY 2024-25
+519%2024–2025
22LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Developer of solar and wind energy projects

Solar energy
₹75.32 crFY 2024-25
+104%2024–2025
62LinkedIn · Jul 2026
7 yr2019
0none in 3 months · last posted Jun 2026

Offers solar rooftop, solar water heaters,etc

Solar energy
₹54.82 crFY 2024-25
+215%2024–2025
22recorded
11 yr2015
0none in 3 months

Developer of solar energy projects

Solar energy
₹51.97 crFY 2024-25
Not reported
43LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Solar park developer in Rajasthan

Solar energy
₹44.25 crFY 2023-24
+25%2023–2024
—Not available
11 yr2015
0none in 3 months

Green energy company that designs, installs, and maintains solar energy solutions, including solar pergolas, for residential and commercial customers

Solar energy
₹32.49 crFY 2024-25
-3%2024–2025
20LinkedIn · Jul 2026
26 yr2000
0none in 3 months

Renewable energy solutions provider offering solar power systems, catering to residential and commercial clients

Solar energy
₹29.24 crFY 2024-25
+25%2024–2025
—Not available
14 yr2012
0none in 3 months

Provider of end-to-end electrical and solar solutions

Solar energy
₹27.96 crFY 2024-25
+67%2024–2025
50+144% 12 mo to Mar 2024LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Energy Efficiency and solar energy systems integrator

Solar energy
₹21.32 crFY 2024-25
-12%2024–2025
—Not available
21 yr2005
0none in 3 months

Provide turnkey solutions for solar rooftop power plants

Solar energy
₹20.93 crFY 2024-25
+85%2024–2025
7+17% 12 mo to Sep 2024recorded Sep 2024
16 yr2010
0none in 3 months

Provider of solar energy services for commercial

Solar energy
₹19.03 crFY 2024-25
-2%2024–2025
20LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Manufacturer and supplier of solar powered products

Solar energy
₹16.84 crFY 2022-23
+30%2022–2023
9LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Solar energy solutions provider offering a range of products and services including solar panels, mounting structures, and installation services, catering to residential and commercial customers

Solar energy
₹17.61 crFY 2024-25
+232%2024–2025
—Not available
9 yr2017
0none in 3 months

Provider of solar services for commercial & residential

Solar energy
₹16.88 crFY 2024-25
-8%2024–2025
—Not available
15 yr2011
0none in 3 months

Manufacturer of solar panels and other solar products

Solar energy
₹16.81 crFY 2024-25
-44%2024–2025
48+37% 12 mo to Sep 2024recorded Sep 2024
20 yr2006
0none in 3 months

Provider of turnkey solar EPC and installations services

Solar energy
₹16.79 crFY 2024-25
+268%2024–2025
24LinkedIn · Jul 2026
11 yr2015
0none in 3 months · last posted Mar 2026

Solar panel installation and O&M service providing company

Solar energy
₹12.84 crFY 2024-25
Not reported
45LinkedIn · Jul 2026
12 yr2014
0none in 3 months · last posted Nov 2025
41 of 77 companies shown here · the full list is on Radar
Fliar Radar

Explore all 77 solar energy companies in Rajasthan on Radar

This page shows the top 41. Radar has the complete, filterable list with contacts and live company signals.

Open solar energy in Rajasthan on Radar
  • Every company, not just 50All 77 solar energy companies in Rajasthan, 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 Rajasthan by what you are looking for

Browse solar energy companies in Rajasthan, from solar panel manufacturing companies to solar EPC and project developers. Find top solar energy companies in India's Rajasthan and solar energy startups.

6 ways to explore solar energy in Rajasthan

Solar project developers & EPC companiesSolar panel & module manufacturersSolar products & equipment suppliersEnergy storage, wind & hybrid renewable companiesSolar energy startups in RajasthanSolar energy companies hiring in Rajasthan

Solar project developers & EPC companies

Companies that design, install and develop solar power plants and rooftop systems.

  1. Rays Power Infra

    Provider of solar engineering, procurement, and construction services for power projects

    Solar energy
    See in list
  2. Stockwell Solar Services

    Provider of end-to-end solar solutions, including financing and maintenance

    Solar energy
    See in list
  3. Gridfree Solar Energy

    Provides end-to-end solutions for rooftop solar solutions and distributes solar modules

    Solar energy
    See in list
  4. APM Projects

    Renewable energy solutions provider offering design, installation, and maintenance services for solar energy systems

    Solar energy
    See in list
  5. Diwakar Solar

    Developer of solar energy projects

    Solar energy
    See in list

Solar panel & module manufacturers

Manufacturers of solar PV modules, panels and module components.

  1. Insolation Energy

    Manufacturer of solar PV module & panel

    Solar energy
    See in list
  2. Novergy

    Manufacturer of solar panels and other solar products

    Solar energy
    See in list
  3. SolarMaxx

    Manufacturer of solar photovoltaic modules and solar water heater systems

    Solar energy
    See in list
  4. Etrica Power

    Provider of solar energy solutions, supplying inverters and PV modules

    Solar energy
    Website

Solar products & equipment suppliers

Suppliers of solar powered products such as pumps, lights and portable solar equipment.

  1. Whole Solar

    Manufacturer of solar powered products

    Solar energy
    See in list
  2. Lume Solar

    Offers solar rooftop, solar water heaters,etc

    Solar energy
    See in list
  3. Redtech Energy

    Provider of solar energy services

    Solar energy
    See in list
  4. Eco Sol Energy

    Manufacturer of solar lighting systems and provider of solar EPC services

    Solar energy
    Website
  5. Sapson Solar System

    Wholesaler of solar inverters, solar panels, and solar batteries

    Solar energy
    Website

Energy storage, wind & hybrid renewable companies

Companies combining solar with batteries, wind or other renewable energy sources.

  1. Genus Innovation

    Provider of solar energy products and services

    Solar energy
    See in list
  2. Sai Nath Renewable Energy

    Provider of renewable energy solutions using solar, biogas, and wind technologies

    Solar energy
    See in list
  3. Globus Power Generation

    Provider of waste management services

    Solar energy
    See in list
  4. Electric Power Station

    Developer of hybrid electric power stations for clean, renewable energy

    Energy storage
    Website
  5. Zephyrsun

    Solar plant installation services provider on a commercial scale

    Wind energy
    See in list

Solar energy startups in Rajasthan

Newer solar energy companies in Rajasthan.

  1. Ovik Solar

    Provider of solar energy solutions for industrial clients

    Solar energy
    Website
  2. Hyper Energy

    Provider of hydropower and other sustainable energy solutions to reduce carbon footprint

    Solar energy
    Website
  3. Swastik Renewable

    Provider of end-to-end solar solutions for residential, commercial, and industrial

    Solar energy
    Website
  4. VXL Solar

    Company that provides solar-powered solutions for various applications, leveraging the power of solar energy to create innovative products and services

    Solar energy
    Website
  5. Mahakal Energy

    Service provider of solar panels, solar water pumps, and power systems

    Solar energy
    Website
6 companies in Rajasthan

Solar energy companies hiring in Rajasthan

Solar energy companies in Rajasthan with open roles.

  1. Insolation Energy

    Manufacturer of solar PV module & panel

    Solar energy
    See in list
  2. Rays Power Infra

    Provider of solar engineering, procurement, and construction services for power projects

    Solar energy
    See in list
  3. Stockwell Solar Services

    Provider of end-to-end solar solutions, including financing and maintenance

    Solar energy
    See in list
  4. Ratan Green Energy

    Developer of solar and wind energy projects

    Solar energy
    See in list
  5. Vareyn Solar

    Provider of turnkey solar EPC and installations services

    Solar energy
    See in list
9 companies in Rajasthan
The business behind the activity

Solar energy financials in Rajasthan

Revenue, profit and growth from the filed annual accounts of 40 solar energy companies in Rajasthan for FY24-25 — 47 of the 77 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 71% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹2,655.97 cr

40 companies filing accounts

combined net profit₹207.86 cr

7.8% aggregate margin

are profitable88%

35 of 40 companies

median revenue~₹16.8 cr

the typical company

median revenue growth+7%

into FY24-25

earned by the top five71%

revenue concentration

Six-year view

Combined revenue of filing companies

₹1,157.51 crFY19-2039 filers
₹1,159.15 crFY20-2141 filers
₹1,543.30 crFY21-2237 filers
₹1,850.00 crFY22-2340 filers
₹2,188.96 crFY23-2440 filers
₹2,655.97 crFY24-2540 filers

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

Like-for-like

The same 37 companies over three years

+48%
FY22-23₹1,793.57 cr₹62.00 cr net
FY23-24₹2,144.14 cr₹143.30 cr net
FY24-25₹2,653.91 cr₹207.76 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 cr667% profitable
₹1–10 cr1182% profitable
₹10–100 cr1694% profitable
₹100–1,000 cr6100% 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

Shrinking16
0–20%5
20–50%6
50–100%4
Doubled+7

38 companies with accounts for both years; median growth +7%.

Profitability

Profit is concentrated at the top

35profitable
5loss-making
7.8%aggregate margin
1.9%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
Diwakar SolarDIWAKAR RENEWABLE & INFRA PRIVATE LIMITED+525%₹90.50 cr
Vareyn SolarVAREYN SOLAR AND YELLOW ENERGY PRIVATE LIMITED+268%₹16.79 cr
NDJ SolarNDJ SOLAR POWER PRIVATE LIMITED+232%₹17.61 cr
Lume SolarLUME SOLAR ENERGY PRIVATE LIMITED+215%₹54.82 cr
Rays Power ExpertRAYS POWER EXPERTS LIMITED+200%₹134.55 cr
Fidus EnergyFIDUS ENERGY PRIVATE LIMITED+85%₹20.93 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Saurya UrjaSAURYA URJA COMPANY OF RAJASTHAN LIMITED43.1%₹51.97 cr
SolfreedomSOLFREEDOM POWER LIMITED19.7%₹29.24 cr
Rays Power ExpertRAYS POWER EXPERTS LIMITED19.2%₹134.55 cr
Diwakar SolarDIWAKAR RENEWABLE & INFRA PRIVATE LIMITED11.2%₹90.50 cr
Rays Power InfraRAYS POWER INFRA LIMITED9.7%₹1,198.39 cr
Lume SolarLUME SOLAR ENERGY PRIVATE LIMITED7.0%₹54.82 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Solar energy39₹2,651.73 cr~₹16.8 cr90%7.9%
Leaders

Largest solar energy companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Rays Power InfraRAYS POWER INFRA LIMITED₹1,198.39 cr₹116.34 cr9.7%+53%
Genus InnovationGENUS INNOVATION LIMITED₹301.24 cr₹2.94 cr1.0%-9%
Rays Power ExpertRAYS POWER EXPERTS LIMITED₹134.55 cr₹25.88 cr19.2%+200%
Whole SolarWHOLE SOLAR PRIVATE LIMITED₹123.78 cr₹0.71 lakh0.0%+35%
Insolation EnergyInsolation Energy Limited₹121.96 cr₹5.02 cr4.1%-48%
Gridfree Solar EnergyGRIDFREE SOLAR ENERGY LIMITED₹101.44 cr₹1.28 cr1.3%-31%
APM ProjectsAPM PROJECTS LIMITED₹101.22 cr₹4.47 cr4.4%+9%
Diwakar SolarDIWAKAR RENEWABLE & INFRA PRIVATE LIMITED₹90.50 cr₹10.17 cr11.2%+525%
Ratan Green EnergyRATAN GREEN ENERGY SERVICES PRIVATE LIMITED₹75.32 cr₹2.21 cr2.9%+2%
Lume SolarLUME SOLAR ENERGY PRIVATE LIMITED₹54.82 cr₹3.82 cr7.0%+215%
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.

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 Rajasthan 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, India104

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

101Acquisition
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.

Founders and momentum in Rajasthan

Meet the people behind solar energy companies in Rajasthan. 31 of 77 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Keep exploring solar energy in India and nearby markets.

Coming soon