Company lists
The Tamil Nadu edition · 2026

Solar energycompanies in Tamil Nadu

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.

215 company profiles107 with reported revenue7 with recorded fundingOctober 2026 edition
Tamil Nadu · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent solar energy business events in India

Funding, M&A, contract wins and launches involving 2,531 solar energy companies in India, last 24 months: 525 Contracts · 105 M&A deals · 75 funding rounds · 3 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

ContractTechnology

Sharika enterprises · client: Uttarakhand Power Corporation (UPCL)

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

Power distribution
ContractSupply

Ganesh Green Bharat · client: NTPC Renewable Energy

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

Renewable energy
FundingQualified Institutional Placement (QIP)

Acme solar

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

Investors Na
M&AAcquisition · Announced

Aditya birla group acquires Sprng energy

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

Renewable Energy
ContractSupply

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: Ambuja cements

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

Solar
ContractSupply

Bondada Engineering · client: Adani Ports and Special Economic Zone

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

Solar
M&AAcquisition · Announced

Saatvik Green Energy acquires Melcon

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

Transformer Manufacturing
M&AAcquisition · Announced

Premier energies acquires Ksolare energy

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

Inverter Production
ContractInfrastructure

Solarworld Energy Solutions Limited · client: NTPC Renewable Energy

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

Renewable Energy
FundingLetter of Intent

Zodiac energy

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

Investors Na
Solar Energy
M&AAcquisition · Announced

Inox Clean Energy acquires Sunsource energy

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

Solar 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 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

Provider of solar panels and clean, renewable energy solutions

Solar energy
₹89,609.55 crFY 2023-24
+13%2023–2024
—Not available
33 yr1993
0none in 3 months

Everrenew is a renewable energy company that offers affordable and reliable wind power and solar power investment solutions

Wind energy
₹2,385.13 crFY 2023-24
+348%2023–2024
370+408% 12 mo to Sep 2023LinkedIn · Jul 2026
7 yr2019
0none in 3 months · last posted Jan 2025

EPC services for installation of solar farms

Solar energy
₹482.77 crFY 2024-25
+73%2024–2025
319+15% 12 mo to Jul 2024recorded Jul 2024
42 yr1984
0none in 3 months

Provider of solar energy operation and maintenance services

Solar energy
₹446.73 crFY 2023-24
+62%2023–2024
271+51% 12 mo to Sep 2024recorded Sep 2024
9 yr2017
0none in 3 months

Utility-scale project developer

Wind energy
₹322.57 crFY 2024-25
+73%2024–2025
346-51% 12 mo to Jul 2024LinkedIn · Jul 2026
28 yr1998
0none in 3 months

Provider of turnkey solutions in power, process, and water industries including project engineering, design, procurement, construction, and commissioning

Solar energy
₹253.49 crFY 2021-22
Not reported
946+10% 12 mo to Feb 2024LinkedIn · Jul 2026
24 yr2002
0none in 3 months · last posted Dec 2025

Provider of solar energy services for homes & business

Solar energy
₹208.66 crFY 2024-25
+24%2024–2025
76LinkedIn · Jul 2026
40 yr1986
0none in 3 months · last posted Jun 2026

Manufacturer of solar inverters, modules, and balance of system components

Solar energy
₹198.58 crFY 2024-25
+8%2024–2025
183LinkedIn · Jul 2026
15 yr2011
4postings · last posted Sep 2026

Wholesale distributor of solar inverters, solar panels, and solar DC cables, promoting solar energy solutions

Solar energy
₹192.52 crFY 2024-25
+39%2024–2025
80+16% 12 mo to Aug 2024recorded Aug 2024
12 yr2014
0none in 3 months

Developer of turnkey solar power plant projects

Solar energy
₹166.87 crFY 2024-25
+62%2024–2025
25LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Metal roofing services provider

Solar energy
₹139.85 crFY 2021-22
Not reported
108+20% 12 mo to Sep 2024recorded Sep 2024
24 yr2002
—No postings tracked

Provider of solar energy solutions, including EPC services and energy-efficient home solutions

Solar energy
₹139.52 crFY 2023-24
+182%2023–2024
—Not available
9 yr2017
0none in 3 months

Provider of solar energy services and products

Solar energy
₹134.73 crFY 2024-25
+21%2024–2025
28LinkedIn · Jul 2026
18 yr2008
0none in 3 months

Developer of solar energy projects

Solar energy
₹112.45 crFY 2024-25
+104%2024–2025
136-5% 12 mo to Sep 2024recorded Sep 2024
6 yr2020
0none in 3 months

Manufacturing and distribution of solar products

Solar energy
₹100.84 crFY 2024-25
+57%2024–2025
53+24% 12 mo to Aug 2024LinkedIn · Jul 2026
31 yr1995
0none in 3 months

Provider of turnkey contracts for rooftop and ground mounted solar plants

Solar energy
₹100.06 crFY 2024-25
+121%2024–2025
—Not available
14 yr2012
0none in 3 months

Manufacturer and supplier of solar products

Solar energy
₹82.87 crFY 2023-24
Not reported
1LinkedIn · Jul 2026
32 yr1994
0none in 3 months

Manufacturer of aluminium clamps and extrusions for solar module mounting

Solar energy
₹69.37 crFY 2024-25
+14%2024–2025
5LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Developer of solar energy projects

Solar energy
₹67.93 crFY 2024-25
-45%2024–2025
—Not available
14 yr2012
0none in 3 months · last posted Jul 2026

Provider of renewable energy solutions including solar, wind, and carbon trading

Solar energy
₹65.09 crFY 2024-25
+171%2024–2025
25LinkedIn · Jul 2026
7 yr2019
0none in 3 months · last posted Jun 2026

Provider of engineering consultation and software for the renewable energy sector

Solar energy
₹63.03 crFY 2024-25
+3%2024–2025
—Not available
5 yr2021
0none in 3 months

Wind Energy project installer

Solar energy
₹58.51 crFY 2024-25
+26%2024–2025
40LinkedIn · Jul 2026
30 yr1996
0none in 3 months

Manufacturers of solar PV modules and associated solar products

Solar energy
₹50.88 crFY 2024-25
+340%2024–2025
10LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Provider of operation, maintenance, solar battery, water pumps, and other products

Solar energy
₹47.79 crFY 2023-24
+14%2023–2024
563-36% 12 mo to Mar 2022LinkedIn · Jul 2026
24 yr2002
0none in 3 months · last posted May 2026

Offers solar services

Solar energy
₹39.99 crFY 2024-25
Not reported
—Not available
15 yr2011
0none in 3 months
50 of 215 companies shown here · the full list is on Radar
Fliar Radar

Explore all 215 solar energy companies in Tamil Nadu on Radar

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

Open solar energy in Tamil Nadu on Radar
  • 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.

  1. Redington

    Provider of solar panels and clean, renewable energy solutions

    Solar energy
    See in list
  2. Swelect Energy Systems

    EPC services for installation of solar farms

    Solar energy
    See in list
  3. Renfra Energy

    Provider of solar energy operation and maintenance services

    Solar energy
    See in list
  4. Kshema Power and Infrastructure

    Utility-scale project developer

    Wind energy
    See in list
  5. Operational Energy Group

    Provider of turnkey solutions in power, process, and water industries including project engineering, design, procurement, construction, and commissioning

    Solar energy
    See in list

Solar panel, inverter & product suppliers

Manufacturers and suppliers of solar modules, inverters, mounts and lighting products.

  1. Evolve Energy Group

    Manufacturer of solar inverters, modules, and balance of system components

    Solar energy
    See in list
  2. Metco Roof

    Metal roofing services provider

    Solar energy
    See in list
  3. Kondaas

    Manufacturing and distribution of solar products

    Solar energy
    See in list
  4. Alomex Profiles

    Manufacturer of aluminium clamps and extrusions for solar module mounting

    Solar energy
    See in list
  5. Prosun Energy

    Manufacturers of solar PV modules and associated solar products

    Solar energy
    See in list

Wind & solar renewable energy companies

Wind, hydro and hybrid renewable energy developers and power producers.

  1. Everrenew

    Everrenew is a renewable energy company that offers affordable and reliable wind power and solar power investment solutions

    Wind energy
    See in list
  2. Kshema Power and Infrastructure

    Utility-scale project developer

    Wind energy
    See in list
  3. RS Windtech

    Wind Energy project installer

    Solar energy
    See in list
  4. SB Wind Energy

    Wind and solar EPC company

    Solar energy
    See in list
  5. Ezon Energy Solutions

    Independent Solar Power producer

    Solar energy
    See in list

Solar water pumps & agriculture solar companies

Solar irrigation pumps, dryers and solar solutions for farms.

  1. Surya Power Magic

    Provider of solar irrigation modules and pumps

    Solar energy
    Website
  2. ATR SOLAR

    Manufacturer of solar dryers, air heating systems, and solar power plants

    Solar energy
    Website
  3. Vaigunth Ener Tek

    Manufacturer and installer of renewable energy products

    Solar energy
    Website

Power equipment, UPS & grid solution companies

Makers of voltage stabilisers, UPS systems and grid monitoring solutions.

  1. iPLON

    Provider of power plant controllers and congestion management solutions for grids

    Renewable energy tech
    Website
  2. Potenergy

    Provider of potential energy solutions for various industries

    Electricity transmission & distribution equipment
    Website
  3. Power Soft Techno System

    Manufacturer of voltage stabiliser and power UPS

    Electricity transmission & distribution equipment
    Website
  4. CarbonMinus

    Provider of renewable energy solutions including solar, wind, and carbon trading

    Solar energy
    See in list
  5. Easa Krupa

    Manufacturer of solar powered products

    Electricity transmission & distribution equipment
    See in list

Solar energy startups in Tamil Nadu

Newer solar energy companies in Tamil Nadu founded in recent years.

  1. Remon Solutions

    Provider of engineering consultation and software for the renewable energy sector

    Solar energy
    See in list
  2. Octagon Green Energy

    Provider of solar planning and designing services

    Solar energy
    See in list
  3. Aruvi Solar

    Manufacturer of solar powered products

    Solar energy
    Website
  4. Knvsolar

    Manufacturer of solar generators, phase converters, and solar water pumping systems

    Solar energy
    Website
  5. Mittz International

    Provider of comprehensive solar solutions and automation services

    Solar energy
    Website
18 companies in Tamil Nadu

Listed solar energy companies in Tamil Nadu

Publicly listed solar energy companies based in Tamil Nadu.

  1. Swelect Energy Systems

    EPC services for installation of solar farms

    Solar energy
    See in list
  2. Gita Renewable Energy

    Generator of power from renewable wind, solar, and hydro resources

    Wind energy
    Website
  3. BGR Energy Systems

    BGR Energy Systems is a condenser tube cleaning system manufacturing firm.

    Solar energy
    Website
3 companies in Tamil Nadu

Solar energy companies hiring in Tamil Nadu

Solar energy companies in Tamil Nadu with open roles right now.

  1. Everrenew

    Everrenew is a renewable energy company that offers affordable and reliable wind power and solar power investment solutions

    Wind energy
    See in list
  2. Operational Energy Group

    Provider of turnkey solutions in power, process, and water industries including project engineering, design, procurement, construction, and commissioning

    Solar energy
    See in list
  3. Ace Renewtech

    Provider of solar energy services for homes & business

    Solar energy
    See in list
  4. Evolve Energy Group

    Manufacturer of solar inverters, modules, and balance of system components

    Solar energy
    See in list
  5. Hild Energy

    Developer of solar energy projects

    Solar energy
    See in list
10 companies in Tamil Nadu
Mobile reach

Top 7 solar energy apps from Tamil Nadu

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.

1 of 7
5

Sasya Mithran

by Tectzo

Installs16
Rating—
Last updatedMar 2026
View on Google Play ↗
Sasya Mithran screenshot 1Sasya Mithran screenshot 2Sasya Mithran screenshot 3Sasya Mithran screenshot 4Sasya Mithran screenshot 5Sasya Mithran screenshot 6
7

ArrplEMSapp

by ARRPL

Installs7
Rating—
Last updatedDec 2025
View on Google Play ↗
ArrplEMSapp screenshot 1ArrplEMSapp screenshot 2ArrplEMSapp screenshot 3ArrplEMSapp screenshot 4ArrplEMSapp screenshot 5ArrplEMSapp screenshot 6
The business behind the activity

Solar energy financials in Tamil Nadu

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

CompanyGrowthRevenue
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

CompanyMarginRevenue
CarbonMinusCARBON MINUS ENERGY PRIVATE LIMITED21.4%₹65.09 cr
Natrinai VenturesNATRINAI VENTURES LIMITED10.1%₹166.87 cr
MAS Solar SystemsMAS SOLAR SYSTEMS LIMITED₹32.81 cr
Kshema Power and InfrastructureKSHEMA POWER INDIA PRIVATE LIMITED9.5%₹308.66 cr
Progen RenewablesPROGEN RENEWABLES LIMITED9.4%₹134.73 cr
Evolve Energy GroupEVOLVE GREEN ENERGIES PRIVATE LIMITED7.5%₹202.57 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Solar energy87₹2,782.24 cr~₹5.5 cr79%4.3%
Wind energy5₹314.27 cr~₹30 lakh60%9.2%
Leaders

Largest solar energy companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Swelect Energy SystemsSWELECT ENERGY SYSTEMS LIMITED₹482.77 cr₹8.58 cr1.8%+64%
Kshema Power and InfrastructureKSHEMA POWER INDIA PRIVATE LIMITED₹308.66 cr₹29.23 cr9.5%+66%
Ace RenewtechACE RENEWTECH ENGINEERING PRIVATE LIMITED₹208.66 cr₹9.98 cr4.8%+24%
Evolve Energy GroupEVOLVE GREEN ENERGIES PRIVATE LIMITED₹202.57 cr₹15.26 cr7.5%+13%
Viridis Engineering IndiaVIRIDIS ENGINEERING INDIA PRIVATE LIMITED₹192.52 cr₹4.27 cr2.2%+39%
Natrinai VenturesNATRINAI VENTURES LIMITED₹166.87 cr₹16.81 cr10.1%+62%
Progen RenewablesPROGEN RENEWABLES LIMITED₹134.73 cr₹12.63 cr9.4%+21%
Tamilnadu Coke & PowerTAMILNADU COKE & POWER LIMITED₹112.45 cr₹91.36 lakh0.8%+104%
KondaasKONDAAS AUTOMATION PRIVATE LIMITED₹100.84 cr₹3.70 cr3.7%+57%
Aadhav Green PowerAADHAV GREEN POWER PRIVATE LIMITED₹100.06 cr₹7.48 cr7.5%+121%
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 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
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 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.

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.

Explore Tamil Nadu solar energy companies by sub-sector

The most common specialisations among solar energy companies in Tamil Nadu. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring solar energy in India and nearby markets.

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