Radar · Solar Energy in West Bengal
Best Solar Energy Companies in West Bengal, India
The 31 best Solar Energy companies in West Bengal, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Vikram Solar.
By Riya SenguptaFinancials
31companies tracked
$156.1Mdisclosed funding
0unicorns
3have raised
FLIAR INTELLIGENCE · SOLAR ENERGY × WEST BENGAL
Our analysis of 50 Solar Energy companies
$12.7b in tracked funding; 81% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2024.
50companies analysed
81%cloud-native stacks
2024funding peak (by rounds)
2unicorns
2013median founding year
Ranked: Best Solar Energy companies in West Bengal
| # | Company | Revenue | Disclosed funding | Employees | Founded | Founder | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Vikram Solar Manufacturer of solar photovoltaic modules and renewable energy solutions 89Market top 15%Partners top 18%Product top 19%News top 21% All 12 signals ▾Markettop 15% Partnerstop 18% Producttop 19% Newstop 21% Moattop 22% Fin. healthtop 27% Innovationtop 30% Talenttop 30% Growthtop 33% Fundingtop 34% Globaltop 36% Techtop 43% Market: 3,129 employees (top 4% of Solar Energy) · Revenue ~$409M Partners: 2 partnership announcements in 12 mo (3 in 24 mo) · 12 contract events in 12 mo rank vs industry peers · Fliar Intelligence Index 89/100 | $409M FY2025 | $94M | 3,129 3,129 → 2,092 (-33%) | 2005 | Ulpi Gupta CEO & Director | WordPressMySQLPHP+34 | — |
| 2 | LNB Renewable Provider of EPC and O&M solutions provider for grid-connected solar power plants | $100M FY2024 | — | — | 2012 | Rohan Jhawar CEO | — | — |
| 3 | Websol Energy System Manufactures solar cells and solar modules | $68M FY2025 | — | 357 | 1994 | Sohan Lal Agarwal CEO & MD | PHPLaravelBootstrap+12 | — |
| 4 | Jupiter Manufacturer of photovoltaic poly-crystalline solar cells 72Innovation top 20%Product top 21%Partners top 26%Moat top 31% All 12 signals ▾Innovationtop 20% Producttop 21% Partnerstop 26% Moattop 31% Fundingtop 36% Talenttop 38% Markettop 39% Techtop 43% Fin. healthtop 47% Newstop 50% Growthbottom 46% Globalbottom 37% Innovation: 5 product lines Product: 5 distinct product lines · Company stage: Series D rank vs industry peers · Fliar Intelligence Index 72/100 | $68M FY2025 | $61M | 425 425 → 561 (+32%) | 1978 | Dhruv Sharma CEO | WordPressPleskMySQL+22 | — |
| 5 | Sova Solar Manufacturer and provider of solar modules | $62M FY2025 | $54K | — | 2008 | Subrata Mukherjee Founder & Managing Director | WordPressMySQLPHP+33 | — |
| 6 | AVO Manufacturer of solar powered products | $55M FY2025 | — | 175 | 1988 | Rabindra Agarwal MD Switching | PHPChart.jsGoogle Maps+16 | — |
| 7 | HR Solar Manufacturer of solar panels and installer of plants | $23M FY2025 | — | — | 2011 | Rahul Bangur Founder & CEO | PHPLaravelBootstrap+8 | — |
| 8 | AMPL Cleantech Develops and operates solar and wind power plants | $10M FY2022 | — | 6 | 2006 | — | — | — |
| 9 | KSL Cleantech Solar installation company | $7M FY2025 | — | 33 33 → 75 (+127%) | 2015 | — | WordPressMySQLPHP+28 | — |
| 10 | Agni Power Offers solar EPC services | $5M FY2025 | — | 98 | 1995 | Kanak Mukhopadhyay MD & CEO | WordPressMySQLPHP+21 | — |
| 11 | Nimbus Solar Manufacturer of solar products | $2M FY2025 | — | — | 1995 | Neeta Jhunjhunwala CEO | WordPressMySQLPHP+21 | — |
| 12 | Onergy Provider of design, engineering, manufacturing, installation, O&M, and solar consultancy services | $2M FY2025 | $911K | 7 | 2009 | Piyush Jaju Co-Founder & CEO | WordPress Block EditorElementorWordPress+23 | — |
| 13 | SunCraft Energy Manufactures solar inverters and energy management devices | $1M FY2025 | — | — | 2011 | — | — | — |
| 14 | Solace Renewable Energy Offers solar water heaters and other solar products | $540K FY2025 | — | 15 | 2012 | — | WordPressMySQLPHP+18 | — |
| 15 | Vericon Carmitech Developer of solar and wind energy projects | $385K FY2025 | — | — | 2020 | Stanley Ng Managing Director | WordPressMySQLPHP+20 | — |
| 16 | Bhaskar Solar Solar installation and solar rural electrification | $300K FY2022 | — | 460 | 2011 | Partha Chatterjee CEO | — | — |
Top 4 Solar Energy companies in West Bengal
#1
Series D · Kolkata, West Bengal · founded 1978 · 425 employees$61.1Mraised▾
Series D · Kolkata, West Bengal · founded 1978 · 425 employees
Manufacturer of photovoltaic poly-crystalline solar cells
Fliar Intelligence Index™ 72how this company ranks against its industry peers
Innovation
top 20%Product
top 21%Partners
top 26%Moat
top 31%Funding
top 36%Talent
top 38%Innovation: 5 product lines
Product: 5 distinct product lines · Company stage: Series D
Partners: 5 contract events in 12 mo · Named contractor/client in 5 deals
Audience (LinkedIn): 45k LinkedIn followers — 15.8% of this cohort's audience
Hiring (LinkedIn): 1 hiring post in 12 mo (public)
Activity (LinkedIn): 1 awards announced in 12 mo
Founders & team
Investors
Edelweiss, ValueQuest, Niveshaay Trendquest, Hi tech Resource Management, Akshat Greentech, Nabs Vriddhii
Tech stack
AosBootstrapCdnjsCloudflareContact Form 7Core-Js
#2
Public · Kolkata, West Bengal · founded 2005 · 3129 employees$94.1Mraised▾
Public · Kolkata, West Bengal · founded 2005 · 3129 employees
Manufacturer of solar photovoltaic modules and renewable energy solutions. It designs and manufactures solar panels and related components for energy generation. It offers services including system design, installation support, and ongoing maintenance. It supports both residential and commercial renewable energy projects.
Fliar Intelligence Index™ 89how this company ranks against its industry peers
Market
top 15%Partners
top 18%Product
top 19%News
top 21%Moat
top 22%Fin. health
top 27%Market: 3,129 employees (top 4% of Solar Energy) · Revenue ~$409M · Top 1% by revenue among 1951 tracked Solar Energy peers
Partners: 2 partnership announcements in 12 mo (3 in 24 mo) · 12 contract events in 12 mo · Named contractor/client in 12 deals
Product: 3 distinct product lines · Company stage: Public
Audience (LinkedIn): 196k LinkedIn followers — 68.8% of this cohort's audience
Funding rounds
- Jun 2024Series B$85.6M
- Mar 2016Series A$1.3M
- Jan 2013Series A$551.2K
- Jan 2012Series A$6.6M
Founders & team
Investors
Monolink Trexim, Viney Equity Market, VCAPL, Raghav Investment, Bodhivriksha Advisors, Finavenue Growth Fund
Tech stack
Amazon Web ServicesAosApache Http ServerAws Certificate ManagerBootstrapCore-Js
#3
Seed · Kolkata, West Bengal · founded 2009 · 7 employees$910.8Kraised▾
Seed · Kolkata, West Bengal · founded 2009 · 7 employees
Provider of design, engineering, manufacturing, installation, O&M, and solar consultancy services. It provides applications such as solar rooftop power plants, solar water pumping, solar lighting, and microgrids. It also provides innovative products such as solar TV, solar computer, solar micro grids and solar irrigation systems.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 8k LinkedIn followers — 3.0% of this cohort's audience
Hiring: 4 hiring posts in 12 mo (public) · momentum +0 · hiring: Sales Executive, Area Sales Executive
Activity: 1 expansions announced in 12 mo
Funding rounds
- Dec 2019Seed$252.8K
- Nov 2017Seed$81.6K
- Sep 2015Seed$353.7K
- Mar 2015Seed$97.5K
Founders & team
Investors
IIMA Ventures, CIIE, Lesing Mauritius, DOEN Foundation, Tata Social Enterprise Challenge Incubation, Villgro
Tech stack
Cookie InformationCookie Information PluginCore-JsDraftpress HfcmElementorEndurance Page Cache
#4
Seed · Kolkata, West Bengal · founded 2008$53.6Kraised▾
Seed · Kolkata, West Bengal · founded 2008
Manufacturer and provider of solar modules. It offers PERC solar cells to optimize the energy production. It provides solar cells with dual glass technology. The platform offers solar cells such as Polycrystalline, Mono PERC Bi-Facial, MONO PERC Half-cut solar cell, and more.
Funding rounds
- Jan 2014Seed$53.6K
Founders & team
Investors
Abhaycommerce, Jain Coal and Co, Rosemarydealcom, Mahacoltieup, N T Marketing
Tech stack
All In One SeoAnimate.CssApache Http ServerAutoptimizeBootstrapCdnjs
Funding & investor landscape
$156.1Mtotal disclosed funding
4companies funded
10disclosed rounds
0rounds last 90 days
Most active investors
Abhaycommerce1 rounds
Abhishek Impex and Credit1 rounds
Akshat Greentech1 rounds
Notable founders
Dhruv Sharma
CEO · Jupiter
Alok Garodia
Managing Director · Jupiter
Ulpi Gupta
CEO & Director · Vikram Solar
Ivan Saha
Chief Executive Officer · Vikram Solar
Piyush Jaju
Co-Founder & CEO · Onergy
Vinay Jaju
Co-Founder & COO · Onergy
Subrata Mukherjee
Founder & Managing Director · Sova Solar
Prism market signals · India · country-scoped Prism corpus, 204,647 docs
Market landscape — 10 sub-themes by coverage
Share of Solar Energy coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
RESEARCH SIGNALS · India
How research on Solar Photovoltaics is moving in India
A read on the academic research around Solar Photovoltaics — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 5,416 India-affiliated papers.
research sentiment over time
201320202026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 41% → 67% across 2013–2026.
top research entities
- Vellore Institute of Technology University187
- Saveetha University167
- Chitkara University144
- SRM Institute of Science and Technology138
- Chandigarh University114
leading researchers
Jaya Madan · Rahul Pandey · Anil Kumar · M. Khalid Hossain · Anik Goswami · Sagar Bhattarai · Atul Kumar · Shobhit K. Patel
▲
Breakthroughs1,058 · 20%
▲ 18%→20% share
▲1.1× share momentum0 median citations98% since 2021mostly methods-led
Breakthroughs are rising (18%→20% of field), led by Photovoltaic system.
rising sub-themes (early→recent)
- Photovoltaic system2→392
- Solar energy1→331
- Solar cell4→151
- Perovskite (structure)2→96
- Optoelectronics5→90
Newly emergingRenewable energy 0→217 · Solar powered 0→52 · Battery (electricity) 0→49
Landmark High-efficiency dye-sensitized solar cell with a novel co-adsorbent · 705 cites
◆
Advancements3,416 · 63%
▲ 44%→63% share
▲1.4× share momentum0 median citations98% since 2021mostly empirical
Advancements are rising (44%→63% of field), led by Photovoltaic system.
rising sub-themes (early→recent)
- Photovoltaic system11→1232
- Solar energy9→1164
- Renewable energy4→719
- Solar cell5→613
- Optoelectronics3→380
Newly emergingThermal 0→190 · Electrical engineering 0→180 · Solar power 0→137
Landmark A review of TiO2 nanoparticles · 1,240 cites
▼
Concerns417 · 8%
▼ 13%→8% share
▼0.6× share momentum0 median citations98% since 2021mostly empirical
Concerns are cooling (13%→8% of field), led by Solar energy.
rising sub-themes (early→recent)
- Solar energy3→211
- Renewable energy3→178
- Photovoltaic system3→155
- Perovskite (structure)1→39
- Fossil fuel1→36
Newly emergingSolar cell 0→43 · Solar power 0→30 · Electricity 0→30
Landmark Strategic review of secondary phases, defects and defect-complexes in kesterite CZTS–Se solar cells · 555 cites
RESEARCH HOTSPOTS · India
Where solar pv is researched across India
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Delhi-NCR324 · +0.49
Chennai280 · +0.55
Mumbai158 · +0.51
Pune118 · +0.51
Bengaluru80 · +0.60
Hyderabad72 · +0.54
Kolkata57 · +0.53
Guwahati54 · +0.44
Roorkee44 · +0.56
Kanpur32 · +0.44
PATENT SIGNAL · India
Who's filing solar pv patents in India
India solar pv patent filing is accelerating — 473 filings from 1,012 assignees (2016–2025), led by CSIR, Moser BAER India, Indian INST Technology Bombay; annual filings 41→42.
473 filings1,012 assigneespeak 85/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
- CSIR58
- Moser BAER India40
- Indian INST Technology Bombay27
- TATA Steel14
- Tata Power Solar Systems13
- Weismacher ECO12
- Panse Sudhir V12
- Lakshmanan Rajaganapathy11
Common questions
How many Solar Energy companies are there in West Bengal, India?
Radar tracks 31 indexable Solar Energy companies headquartered in West Bengal, India that meet our profile-completeness bar.
What is the total funding raised by Solar Energy companies in West Bengal, India?
The Solar Energy companies in West Bengal, India on this list have raised a combined $156.1M in disclosed equity funding across 4 funded companies.
Which is the highest-funded Solar Energy company in West Bengal, India?
Vikram Solar is the highest-funded Solar Energy company in West Bengal, India, with $94.1M in disclosed equity funding.
How many Solar Energy companies in West Bengal, India are funded?
4 of the 31 Solar Energy companies in West Bengal, India on this list have disclosed at least one equity funding round.
How many Solar Energy unicorns are there in West Bengal, India?
None of the Solar Energy companies in West Bengal, India on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in West Bengal, India Solar Energy companies?
The most active investors in West Bengal, India Solar Energy companies on this list include 3A Financial Services, A.Capital Ventures, Abhaycommerce, Abhishek Impex and Credit, Action TESA.
Riya SenguptaFinancials
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.