As the third-largest energy consumer in the world — following China and the United States — India has ambitious plans to expand its renewable energy capacity. With record-breaking investment in renewables, the country aims to reach 500 gigawatts of non-fossil energy capacity by 2030 as part of a five-point plan known as the “Panchamrit." The following India-based companies are aiding this transition to clean energy — solar, wind and hydropower — for more sustainable development at reduced carbon emissions.
Top Renewable Energy Companies in India
- Adani Green Energy
- Tata Power
- ReNew
- Suzlon Energy
- Sterling and Wilson
- Azure Power
- JSW Energy
- Inox Wind
Top Renewable Energy Companies in India
Mumbai-based power company JSW Energy is a producer of thermal, hydro, wind and solar energy. Of the company’s 6,677 megawatts in total energy generation, 3,158 megawatts of it is thermal power, which is produced at its Ratnagiri, Barmer and Vijayanagar plants. Founded in 1994, the company is also active in power transmission and trading.
ReNew is a renewable energy company based in Gurgaon that develops decarbonization solutions from industrial-grade wind turbines and solar panels to hydropower dams and grid storage. Generating about 19,400 gigawatts per hour, ReNew produces about 5 percent of the country’s total power. Founded in 2011, it hosts more than 140 projects across nine states, and was also the first Indian renewable energy company to be listed on the Nasdaq.
New Delhi-based company Websol Energy System manufactures high-efficiency solar photovoltaic cells — with a 23 percent energy conversion rate — and modules designed for residential rooftops as well as commercial, industrial and utility-scale applications. The company tends to domestic and international markets, and is currently executing a two-part plan to expand its total solar module and cell capacity to 550 megawatts and 2.4 gigawatts, respectively.
Waaree Energies is a solar panel manufacturer that has delivered 6 gigawatts worth of solar modules to more than 20 countries. Founded in 1989, the Mumbai-based company offers five different types of photovoltaic modules, on-and-off-grid inverters, as well as energy storage, installation, engineering, procurement and construction services.
Orb Energy is a vertically integrated solar energy company that manufactures photovoltaic panels and offers collateral-free loans to small-to-medium sized businesses as a way to promote solar system adoption. Founded in 2006, the Bangalore-based company has installed over 167,000 solar systems across the country, totaling 260 megawatts in capacity.
Suzlon is a multinational wind turbine manufacturer headquartered in Pune. Its installations are located in more than 17 countries across Asia, Australia, Europe, Africa and the Americas, housing a total capacity of 20,780 megawatts. Its portfolio includes some of the largest clean energy facilities in the world, including 1,600-megawatt Jaisalmer Wind Park in Rajasthan and India’s largest wind farm in Kutch in Gujarat.
Headquartered in Mumbai, the Avaada Group is an integrated green energy provider that specializes in sustainable energy products like solar panels, wind turbines and green hydrogen. Besides manufacturing, the company also oversees more than 30 energy projects throughout India, with an installed capacity of 4.5 gigawatts. By 2030, the company aims to achieve 30 gigawatts of total renewable energy capacity.
Borosil Renewables is a solar glass manufacturer company that has adapted the Borosil Group’s six decades of experience in making laboratory-grade glassware to create the world’s thinnest solar glass for photovoltaic panels. Borosil’s fully tempered solar glass absorbs less solar irradiance and outputs higher efficiencies of renewable energy in solar panels. With its 100-acre manufacturing facility in Gujarat and the recent acquisition of an additional Germany-based plant, the company has the capacity to produce 1,350 tons per day.
KPI Green Energy Ltd, part of the KP Group, is a Gujarat-based company that specializes in solar power generation. As an independent power producer, it generates and supplies electricity from its 25 solar and hybrid power plants under the brand name of Solarism, while offering engineering, procurement and construction services as a captive power producer. Founded in 2008, the company has acquired more than 2,686 acres of land to own and lease.
Tata Power is India’s largest integrated solar company. It manufactures solar cells and modules, rooftop solar panels and solar water pumps for residential and industrial applications. Founded in 1989, the company provides solar power to 13 state utilities in India, with more than 3 gigawatts of solar modules shipped worldwide. Its portfolio spans over 10,000 megawatts in renewable energy, including the country’s largest rooftop solar project, vertical solar farm and floating solar power project.
Hero Future Energies is a renewable energy company that develops and operates 4.5 gigawatts of solar and wind energy projects across India, Ukraine, Bangladesh, Vietnam and the United Kingdom. Its portfolio also includes hybrid power, peak-power and firm dispatchable power projects as well as energy storage and green hydrogen solutions. While the company is headquartered in London, it has an Indian office that’s located in New Delhi.
Headquartered in Noida, Inox Wind is a wind energy provider that specializes in wind resource assessment, land sourcing, infrastructural development and installation as well as long-term site operation and maintenance. Its turbine models feature multiple blade and tower variants that range from 1.65 to 10 megawatt designs. To date, the company has installed more than 15,000 megawatts of capacity.
Orient Green Power Company Limited is a Tamil Nadu-based energy producer that specializes in wind power. The company has an installed capacity of 402 megawatts across its wind farms located in Andhra Pradesh, Gujarat, and Karnataka, with 10.5 megawatts produced as part of its international plant in Croatia, Europe. In 2024, the company announced plans to expand into the solar energy market in its quest to reach one gigawatt of total installed capacity.
Azure Power made its mark on India’s solar sector in 2009, when it developed the country’s first utility-scale solar project, a 2-megawatt facility located in Punjab. The New Delhi-based company, which boasts more than 3 gigawatts of operational capacity and 4.3 gigawatts of contracted and awarded capacity, continues to offer solar solutions for utilities, as well as commercial and industrial customers.
Hindustan Power, formerly known as Moser Baer Projects, is an integrated power company based in New Delhi. Aside from thermal and mining power generation, Hindustan Power has entered into renewable energy generation through its solar and hydro power facilities. To date, it’s built 4 gigawatts of installed capacity in India and abroad.
Sterling and Wilson Renewable Energy provides engineering, procurement and construction services, as well as operations and maintenance, for utility-grade solar-powered projects in over 30 countries. Founded in 1927, its product portfolio spans utility-scale solar, floating solar and energy storage solutions, including the world’s largest single-site solar power plant located in Abu Dhabi.
Greenko Energy Group develops, owns and operates 7.5 gigawatt capacity of renewable energy projects across 15 states. Producing wind, solar and hydropower, the Hyderabad-based company also specializes in energy storage solutions, with a focus on transforming renewable energy into reliable and dispatchable energy through integrated storage systems.
Founded in 2017 and based in Bengaluru, Ayana Renewable Energy is one of India’s leading independent power producers in the renewable energy sector and one of the country’s largest infrastructure funds. The company specializes in providing utility-scale solutions across solar, wind, hybrid and clean energy, and is currently developing and managing nearly five governmentwide acquisition contracts of renewable energy projects across multiple states, including Andhra Pradesh, Tamil Nadu, Karnataka, Rajasthan and Gujarat.
NHPC Limited is a public sector firm that generates more than 14 percent of India's hydropower. Of its 7,144 megawatt total capacity, about 6971 megawatts of it are made up of renewable, hydroelectric energy. Founded in 1975, the Faridabad-based company has expanded its portfolio to include other green energy sources, such as solar, geothermal, tidal and wind, notably a 50-megawatt wind power project in Jaisalmer.
Adani Green Energy is a renewable energy company that develops, operates and maintains utility-scale solar and wind energy projects. It runs a 2,500-acre photovoltaic power station known as the Kamuthi Solar Power Project, which is one of the largest solar plants in the world. Headquartered in Ahmedabad, Adani Green Energy’s project portfolio generates more than 20,400 megawatts in total.
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