Project developers, solar products, wind & hybrid, solar pumps & agriculture, power & grid equipment and more: the companies building solar energy in Tamil Nadu, with their founders, funding, team size and business models.
Funding, M&A, contract wins and launches involving 2,531 solar energy companies in India, last 24 months: 525 Contracts · 105 M&A deals · 75 funding rounds · 3 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.
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…
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).
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.
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…
Awarded under the Uttarakhand Power Corporation Limited's (UPCL) flagship Ganga Corridor power distribution modernization project, Sharika Enterprises will work with East India Udyog…
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…
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.
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…
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…
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…
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
Waaree Power Private Limited, a wholly owned subsidiary, will acquire 100% shareholding of Waaree Semicon Private Limited from Waaree Sustainable Finance Private Limited
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…
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…
"Our acquisition of Melcon is a strategic step towards deepening our control across the power value chain. By integrating transformer manufacturing, we are not just adding a capability…
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…
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…
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…
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…
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.
Solar energy companies in Tamil Nadu, by revenue
Browse solar energy companies in Tamil Nadu 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 107 solar energy companies in Tamil Nadu 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
Company & businessRevenueRevenue growthHeadcount & growthAgeJobs · last 3 months
Provider of solar panels and clean, renewable energy solutions
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of turnkey solutions in power, process, and water industries including project engineering, design, procurement, construction, and commissioning
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Solar energy consultant and integrator providing turnkey solutions for grid-tied and off-grid power generation, catering to residential, commercial, and industrial clients
Every company, not just 50All 215 solar energy companies in Tamil Nadu, 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 Tamil Nadu by what you are looking for
Browse top solar energy companies in Tamil Nadu, from EPC contractors and project developers to solar panel and equipment suppliers. You can also see solar energy startups in Tamil Nadu, listed companies and firms that are hiring.
8 ways to explore solar energy in Tamil Nadu
Solar EPC & project development companiesSolar panel, inverter & product suppliersWind & solar renewable energy companiesSolar water pumps & agriculture solar companiesPower equipment, UPS & grid solution companiesSolar energy startups in Tamil Nadu
Solar EPC & project development companies
Companies that design, build, install and maintain solar power plants.
Redington
Provider of solar panels and clean, renewable energy solutions
Provider of turnkey solutions in power, process, and water industries including project engineering, design, procurement, construction, and commissioning
Provider of turnkey solutions in power, process, and water industries including project engineering, design, procurement, construction, and commissioning
The most-installed Android apps published by solar energy companies headquartered in Tamil Nadu — 2K installs between them. 7 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.
Revenue, profit and growth from the filed annual accounts of 96 solar energy companies in Tamil Nadu for FY24-25 — 114 of the 215 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 45% of the revenue, so medians describe the typical company better than totals.
combined revenue, FY24-25₹3,126.45 cr
96 companies filing accounts
combined net profit₹148.69 cr
4.8% aggregate margin
are profitable79%
76 of 96 companies
median revenue~₹5.4 cr
the typical company
median revenue growth+33%
into FY24-25
earned by the top five45%
revenue concentration
Six-year view
Combined revenue of filing companies
₹1,058.40 crFY19-2091 filers
₹1,301.55 crFY20-2195 filers
₹2,430.14 crFY21-2296 filers
₹2,867.68 crFY22-2396 filers
₹5,182.10 crFY23-2499 filers
₹3,126.45 crFY24-2596 filers
The number of companies filing changes each year; the three-year cohort below compares like with like.
Like-for-like
The same 84 companies over three years
+48%
FY22-23₹1,976.62 cr₹70.11 cr net
FY23-24₹2,046.59 cr₹104.84 cr net
FY24-25₹2,925.02 cr₹146.36 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 cr2536% profitable
₹1–10 cr3194% profitable
₹10–100 cr3093% profitable
₹100–1,000 cr10100% profitable
Over ₹1,000 cr0—
Companies by FY24-25 revenue. Bars show how many companies sit in each band.
Momentum
How fast revenue moved into FY24-25
Shrinking19
0–20%16
20–50%18
50–100%14
Doubled+25
92 companies with accounts for both years; median growth +33%.
Profitability
Profit is concentrated at the top
76profitable
20loss-making
4.8%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
Company
Growth
Revenue
Prosun EnergyPROSUN ENERGY PRIVATE LIMITED
+340%
₹50.88 cr
ShasanSHASAN ENGINEERING PRIVATE LIMITED
Kyra PhotonKYRA PHOTON TECH PRIVATE LIMITED
SB Wind EnergySB WIND ENERGY PRIVATE LIMITED
TGEPLTIRUPATHII GREEN ENERGY PRIVATE LIMITED
Enfros IndiaENFROS INDIA SOLUTIONS PRIVATE LIMITED
Profit leaders · ₹10 cr+ revenue
Highest net margins, FY24-25
Company
Margin
Revenue
CarbonMinusCARBON MINUS ENERGY PRIVATE LIMITED
21.4%
₹65.09 cr
Natrinai VenturesNATRINAI VENTURES LIMITED
10.1%
₹166.87 cr
MAS Solar SystemsMAS SOLAR SYSTEMS LIMITED
₹32.81 cr
Kshema Power and InfrastructureKSHEMA POWER INDIA PRIVATE LIMITED
9.5%
₹308.66 cr
Progen RenewablesPROGEN RENEWABLES LIMITED
9.4%
₹134.73 cr
Evolve Energy GroupEVOLVE GREEN ENERGIES PRIVATE LIMITED
7.5%
₹202.57 cr
Inside the industry
Sub-sectors compared, FY24-25
Sub-sector
Companies
Revenue
Median revenue
Profitable
Margin
Solar energy
87
₹2,782.24 cr
~₹5.5 cr
79%
4.3%
Wind energy
5
₹314.27 cr
~₹30 lakh
60%
9.2%
Leaders
Largest solar energy companies by revenue, FY24-25
Company · legal entity
Revenue
Net result
Margin
Growth
Swelect Energy SystemsSWELECT ENERGY SYSTEMS LIMITED
₹482.77 cr
₹8.58 cr
1.8%
+64%
Kshema Power and InfrastructureKSHEMA POWER INDIA PRIVATE LIMITED
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 Tamil Nadu 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
Tamil Nadu in context
Tamil Nadu’s share of India’s solar energy funding
Rounds3%4 of 155
Capital0%US$7.55m of US$4.24bn
Equity rounds over the last five years, 252 solar energy companies in Tamil Nadu among 2,531 in India.
Corporate activity · last 24 months
M&A in India
102Acquisition
2Merger
1Announced
Most active acquirers
Waaree energies14
Premier energies9
ONGC-NTPC Green Pvt Ltd8
Thermax4
Na4
Most acquired or merged
Sprng energy10
Ayana renewable power9
Ksolare energy6
Sterling and wilson renewable energy5
O2 power4
Each deal appears in the events strip at the top of the page.
Solar energy funding in Tamil Nadu
7 solar energy companies in Tamil Nadu have recorded equity funding, US$40.41m in total. Totals and round dates describe the historical record; they are not current valuations.
Most funded
Largest recorded equity totals, with the latest recorded round.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Founders and momentum in Tamil Nadu
Meet the people behind solar energy companies in Tamil Nadu. 50 of 215 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.
Fastest revenue growth
Solar energy companies in Tamil Nadu 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.
Solar energy
Provider of well-sustained solutions for complex and challenging projects in the solar energy industry
Advertising, Commission on transaction, E-commerce - product
Team size
136
Recorded funding
None recorded
Founded
2020 · about 6 years old
Stage
Unfunded
Focus
Project development services, Project developers, Distributed, Diversified
Revenue over time
₹112.45 cr in FY24-25 · net ₹91.36 lakh · +12876% since FY2019
Filed standalone accounts · Tamilnadu Coke & Power Limited
Leadership · 1
AA
Ayaan AhujaManaging Director
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Women-founded
Solar energy companies in Tamil Nadu with at least one woman on the founding team. Expand a profile to meet the founders; teams can include both women and men.
Solar energy
Manufacturer and installer of renewable energy products
Revenue₹1.03 crFY 2024-25
Founders · 2
SB
Sathya BhamaCo-Founder
RV
R V Punitha VathiCo-Founder
Solar energy
Manufacturer of solar powered products
RevenueFY 2024-25
Founders · 3
SS
Sudhasri SrinivasanCo-Founder
SE
Swetha ElangovanCo-Founder
DP
Devi PugazhendhiCo-Founder & CEO
Solar energy
Solar IPP and EPC firm
Revenue₹86.34 crFY 2014-15
Founder · 1
RN
Reena NathCo-Founder
Solar energy
Power trader and developer of utility-scale solar projects
Revenue modelCommission on transaction / E-commerce - service
Commission on transaction, E-commerce - service, Fee-for-service
Team size
Not available
Recorded funding
None recorded
Founded
2012 · about 14 years old
Stage
Unfunded
Focus
Distributed, Diversified, Project developers, Project development services
Founders · 1
CV
Chitra VeluchamyCo-Founder & Director
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Recently founded
Solar energy companies in Tamil Nadu founded in the last four years, newest first.
Solar energy
Provider of energy solutions, specializing in the design, installation, and maintenance of solar-powered systems for residential and commercial clients
Founded2024Unfunded
Founder · 1
MS
Muthu SelvanFounder & CEO
Solar energy
Provider of energy solutions, specializing in solar systems for homes and businesses
Founded2024Unfunded
Founder · 1
IT
Indra TejaFounder
Solar energy
Provider of rooftop solar installations for residential, commercial, and industrial clients
Founded2024Unfunded
Founders
Details not available
Solar energy
Provider of solar energy solutions for residential and commercial use
Founded2024Unfunded
Founders
Details not available
Solar energy
Manufacturer of solar panel mounting structures and voice recording devices
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Energy efficiency · 8
8 solar energy companies in Tamil Nadu work in energy efficiency. Shown: the best-documented.
Solar energy
Provider of solar energy systems and installation services. They offer a variety of solutions, including solar power packs with batteries, rooftop on-grid systems, solar water pumping systems, solar lighting systems, and solar panels. The company also provides engineering services for solar power plant installations and ongoing maintenance and repair support. Their services encompass the entire process, from design and installation to ongoing technical support. They aim to provide reliable and ethical services using the latest technology.
Revenue₹74.65 lakhFY 2024-25
Founders
Details not available
Solar energy
Provider of solar energy solutions for various sectors. This includes solar power plants, street lighting systems, water pumping solutions, and patio heaters. The company also offers solar installation services for commercial buildings, residences, and small offices. Their focus is on energy efficiency and providing low-maintenance systems.
Revenue₹1.69 crFY 2024-25
Founders
Details not available
Solar energy
Provider of EPC, installation and operation & maintenance services for solar and wind energy
Revenue₹23.71 lakhFY 2021-22
Founders
Details not available
Solar energy
Solar panel & products installation company
Revenue modelPhysical commerce
Founders
Details not available
Solar energy
Manufacturer of LED lighting, UPS systems, and emergency lights. This company produces a variety of LED products, including bulbs, tubes, and floodlights, as well as uninterruptible power supply (UPS) systems for both household and industrial use. Their offerings also encompass a range of emergency lights and exit signs, designed for various applications. The manufacturing process utilizes high-quality materials and adheres to industry standards. The company also offers solar products and automatic timers.
Revenue modelAdvertising / Commission on transaction
Founders
Details not available
Solar energy
Provider of solar power generation project solutions. This company offers advisory, execution, and operation & maintenance services for businesses and individuals. Services encompass all project phases, from initial planning and design through to ongoing maintenance. The focus is on reducing electricity costs and carbon footprints through on-site and off-site solar power generation.
Revenue modelAdvertising / Commission on transaction
Founders
Details not available
Solar energy
Provider of solar energy systems and agricultural product exporter. This entity offers a variety of solar products including solar street lights, solar power plants, solar water heaters, solar water pumps, and LED high mast lights. In addition to renewable energy solutions, it exports fruits, vegetables, and flowers. The company's operations encompass both the renewable energy sector and the agricultural export market.
Revenue modelAdvertising / Commission on transaction
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