India ranks fourth in the world for installed renewable capacity. Behind that rank are companies that build solar parks, run wind farms, and store clean power. This guide covers the top renewable energy companies in India and what each one does.
We chose these leading renewable energy companies in India based on project record, capacity, and technology focus. Read on to see who is building the country's clean power.
The Growth of Renewable Energy Companies in India
India's power demand will keep rising for decades. Renewables are how the country plans to meet it without raising emissions.
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Net-zero emissions targeted by 2070
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50% of installed capacity from non-fossil sources by 2030
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Renewable capacity grew 15.4% a year from FY16 to FY23, reaching 125.15 GW
Top Renewable Energy Companies in India
Each company below plays a different role: generating power, building plants, or making equipment. Here are the 11 companies in order.
1. Adani Green Energy Limited (AGEL):
Adani Green Energy builds and runs some of India's biggest solar and wind plants. It sells power to government utilities under long-term contracts, which gives it steady income. The company aims to reach 45 GW of renewable capacity by 2030. Its projects include desert solar parks in Rajasthan and wind farms in Gujarat.
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45 GW target by 2030
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Large solar park in Rajasthan
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Wind projects in Gujarat
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Long-term contracts with utilities
2. Soleos Energy Limited:
Soleos Energy is an Ahmedabad-based solar EPC company. EPC means it designs, buys equipment for, and builds the full plant. It focuses on businesses that want lower power bills, including commercial rooftop solar. With over 12 years of experience, it delivers projects in India, Europe, the UAE, and Africa.
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Over 12 years in solar
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Portfolio above 450 MW
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Rooftop, ground-mount, and solar park projects
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200 MW Congo solar park due late 2026
3. ReNew Power:
ReNew Power, founded in 2011, is India's largest independent renewable power producer. It runs wind, solar, and hydro plants across nine states and sells electricity to utilities and businesses. It was the first Indian renewable company listed on Nasdaq. ReNew is also moving into energy storage and hybrid plants that combine wind and solar.
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Over 12 GW commissioned
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More than 140 projects
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Listed on Nasdaq
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Growing storage and hybrid business
4. Tata Power Renewable Energy Limited (TPREL):
TPREL is the clean energy arm of Tata Power, one of India's oldest power groups. It builds large solar and wind plants and sells rooftop solar to homes, shops, and factories. Backing from a trusted parent gives it strong funding and customer trust. It also supplies solar power to several state utilities.
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Over 4 GW of capacity
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Solar and wind plants
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Rooftop solar for homes and industry
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Backed by Tata Power
5. Suzlon Energy Limited:
Suzlon Energy designs and makes wind turbines, so it supplies the machines other developers use. Its turbines run in 17 countries, with about 20,780 MW installed. In India, it built the Jaisalmer Wind Park in Rajasthan and a large wind farm in Kutch. The company is now also working on offshore wind, a new market for India.
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Turbines in 17 countries
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Over 12 GW of wind installed in India
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Jaisalmer Wind Park
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Offshore wind focus
6. Greenko Energy Holdings:
Greenko is a Hyderabad-based company that combines solar, wind, and hydropower with large energy storage. Storage matters because it lets clean power reach the grid after sunset or on calm days. Greenko operates about 7.5 GW of projects across 15 states. Its pumped storage plants are among its biggest strengths.
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7.5 GW across 15 states
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Pumped storage projects
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Grid-scale battery storage
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Solar, wind, and hydro mix
7. Azure Power:
Azure Power, founded in 2009, is an independent solar power producer. It builds large solar plants and sells the electricity to utilities and to commercial and industrial buyers. The company's stated goal is affordable energy with low environmental impact. It has also worked on solar projects that bring power to rural areas where grid supply can be weak.
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Founded in 2009
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Over 2 GW operational
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Utility and business customers
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Rural solar projects
8. NHPC Limited:
NHPC is a government-owned company founded in 1975. It is best known for hydropower and generates over 14% of India's hydro electricity. In recent years it has added solar and wind to its mix. Its projects include dams in the Himalayas, floating solar panels on reservoirs, and a 50 MW wind project in Jaisalmer.
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Founded in 1975
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Over 14% of India's hydropower
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Floating solar on reservoirs
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50 MW Jaisalmer wind project
9. ACME Solar:
ACME Solar develops, owns, and operates solar projects for utilities and large power buyers. It has projects in states such as Rajasthan and Tamil Nadu, where sunlight is strong. The company is also expanding into hybrid projects that mix solar with wind or storage, and into green hydrogen. These steps aim to give customers steadier power.
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Solar projects in Rajasthan
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Solar projects in Tamil Nadu
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Hybrid and storage plans
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Green hydrogen initiatives
10. Websol Energy System:
Websol Energy System manufactures solar photovoltaic cells and modules. These are the core parts of any solar panel, so its work supports many solar projects across the country. Its products suit homes, businesses, factories, and large utility plants. Making panels in India helps reduce imports and supports the push for local manufacturing.
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Makes solar cells
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Makes solar modules
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Serves homes to utility plants
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Supports local manufacturing
11. KPI Green Energy Limited:
KPI Green Energy is a Gujarat-based solar and hybrid power company founded in 2008. It sells power as an independent producer under its Solarism brand. It also offers engineering and construction services to industrial clients. Gujarat's strong sun and supportive policy help it grow, as our guide to commercial solar energy in Gujarat explains.
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Founded in 2008
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25 solar and hybrid plants
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Solarism brand
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Construction services for industry
Government Support and Industry Challenges
Policy has helped these companies grow, but hurdles remain.
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Support: the National Solar Mission, the Production-Linked Incentive scheme, and Green Energy Corridors back solar goals, local manufacturing, and transmission lines.
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Challenges: land disputes, grid integration, and high upfront costs slow projects.
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Opportunities: storage, offshore wind, and green hydrogen are the next growth areas.
Conclusion
India's top renewable energy companies are building a cleaner grid, one project at a time. Businesses that go solar now also gain from lower power costs. To compare more players, see our profile of a solar energy company in India.
FAQs:
1. What are the top renewable energy companies in India?
Leading names include Adani Green, Soleos Solar Energy, ReNew Power, Tata Power Renewable Energy, Suzlon, Greenko, Azure Power, NHPC, ACME Solar, Websol, and KPI Green.
2. Which Indian renewable companies focus on solar?
Soleos, Azure Power, ACME Solar, Websol, and KPI Green are strongly solar-focused.
3. How do renewable energy companies make money?
They sell electricity under long-term contracts, build plants for clients, or manufacture equipment such as turbines and solar modules.
4. What should a business check before choosing a solar partner?
Check completed projects, years of experience, and after-sales support. Ask whether one team handles design, equipment, and installation.
5. What is India's renewable target for 2030?
India aims for 50% of installed capacity from non-fossil sources, including 280 GW of solar.