India is taking substantial leaps in the renewable energy field, with the target of achieving 500 GW of non-fossil fuel-based energy capacity by 2030. India’s renewable energy sector is one of the world’s fastest-growing sectors, fueled both by government policy and private sector investment. While there are many firms contributing to this revolution, a few have stood out for their size, ingenuity, and role in shaping India’s green energy destiny.
Here, we discuss the top 15 renewable energy firms in India, highlighting the key players like Avaada Group, Tata, Adani, and more.
Avaada Group
Avaada Group is a pioneer in India’s renewable energy sector, especially in solar energy. The firm deals in the production of solar power modules, the construction of solar parks, and clean energy solutions throughout India. Avaada’s dedication to sustainability and drive to meet India’s renewable targets have positioned the company as one of the market leaders. The company works with both utility-scale and rooftop solar projects, playing a critical role in shifting energy to renewable options.
Explore Avaada Group’s extensive portfolio of solar and renewable energy projects across India
Tata Power
One of the best-known company names in the Indian energy arena, Tata Power, is going strong on renewable energy. Adani Green Energy Ltd has a highly diversified portfolio consisting of solar, wind, and hydroelectric energy. Its subsidiary company that deals with its renewable assets is Tata Power Renewable Energy Limited (TPREL), and its aim is to triple its renewable energy capacity in the next few years. Tata is a leader and innovator in green energy solutions in India.
Adani Green Energy Ltd.
Adani Green Energy Ltd. (AGEL), an Adani Group firm, is yet another giant in India’s renewable energy field. With one of the biggest renewable energy portfolios in the country, AGEL operates solar and wind energy projects. AGEL has rapidly expanded its capacity and is set to become one of the world’s leading renewable energy companies. Adani Green is also recognized for its focus on carbon emissions reduction and ensuring a sustainable future.
ReNew Power
ReNew Power is India’s largest renewable energy firm, with an exclusive concentration on wind and solar power. With operations in more than 11 states of India, ReNew Power operates large-scale wind and solar power projects. The firm has played a key role in lowering the carbon footprint of India, with an aim of expanding its capacity to 10 GW of renewable energy in the near future.
JSW Energy
JSW Energy, JSW Group’s subsidiary, has diversified its activities to encompass the generation of renewable energy, primarily wind and solar power. JSW Energy is investing heavily in clean energy and is looking for a major addition to its green energy portfolio. JSW Energy, with an aim to curb its carbon footprint, is playing a vital part in India’s renewable energy expansion.
ACME Solar
ACME Solar is among the major players in India’s solar energy sector, dealing with large power solar power plants and solar power projects. ACME Solar has been at the forefront of building solar power plants in India and has a history of providing high-quality, dependable solar energy solutions. ACME Solar’s commitment to environmental sustainability and technological innovation makes it one of the best renewable energy companies in India.
NTPC Green Energy
NTPC Green Energy, which is a part of NTPC Limited, focuses on setting up renewable energy projects, such as solar, wind, and hydropower. Being among the biggest public sector undertakings in India, NTPC Green Energy has a crucial role to play in fulfilling India’s renewable energy targets. NTPC Green Energy is continuously working towards scaling up its renewable energy capacity in order to meet India’s aggressive climate targets.
Greenko Energy Holdings
Greenko Energy Holdings is a top renewable energy firm in India that specializes in solar as well as wind power. Greenko holds a wide portfolio of renewable energy projects in the country and is in the process of incorporating the latest technologies such as energy storage systems to enhance grid stability. Greenko has a strong presence in India’s energy transformation and works towards minimizing the use of fossil fuels in the country.
Juniper Green Energy
Juniper Green Energy is dedicated to green, clean power generation by using wind and solar power. The company has operations in large-scale renewable energy projects in India and has been the driving force behind sustainable development. Juniper Green Energy strives to minimize the carbon footprint of its power generation and aid India in meeting its renewable energy targets.
Sterling and Wilson Solar
Sterling and Wilson Solar is a leading brand in Indian solar energy, offering end-to-end solar power solutions, such as project development, design, and operations. The company is globally present, and its renewable energy solutions are highly efficient and reliable. Sterling and Wilson’s focus on solar energy has led it to become one of the leaders in India’s renewable energy sector.
First Solar India
First Solar India is a subsidiary of First Solar Inc., a world leader in solar energy solutions. The organization deals with the production of thin-film solar panels and offers utility-scale solar projects in India. First Solar’s focus on sustainable energy solutions and new technology makes it one of the leading renewable energy companies in India.
Mytrah Energy
Mytrah Energy is a standalone power producer based on wind and solar power. Mytrah has an expanding portfolio of renewable energy assets and is dedicated to catalyzing the growth of India’s renewable energy industry. Mytrah’s portfolio of projects extends across many states, adding substantially to India’s green energy capacity.
Azure Power
Azure Power is one of India’s leading solar power producers, with a robust portfolio of utility-scale solar projects. Azure Power has been engaged in numerous large-scale solar power projects and is dedicated to realizing India’s renewable energy goals. Azure Power’s emphasis on innovation and sustainability has established it as a major player in the renewable energy sector.
Sembcorp Energy India Ltd.
Sembcorp Energy India Ltd. is a part of the international Sembcorp Industries Group, which specializes in renewable energy and sustainable growth. The corporation has solar and wind power initiatives in India and plans to increase its renewable energy segment to help India achieve its green energy goals.
L&T Renewable Energy
Larsen & Toubro (L&T) is a household name in India’s infrastructure industry, and its renewable energy business is creating ripples in the solar and wind energy industries. L&T Renewable Energy deals with both the development and implementation of renewable energy projects, helping the country shift towards clean energy.
Conclusion
India’s renewable energy industry is growing at a fast pace, with major companies like Avaada Group, Tata, Adani, ReNew Power, and others at the forefront. These players are not only assisting India in curbing its carbon footprint but also aiding the world in the fight against climate change. As India keeps pushing its ambitious renewable energy targets, these players will be the key to defining the future of energy in India.
