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Most Promising Renewable Energy Based Startups in India 2021

The Indian renewable energy sector is the fourth most attractive renewable energy market in the world.

India is ranked fourth in wind power, fifth in solar power, and fifth in renewable energy (power) installed capacity as of 2018. According to Climatescope Report, India ranked second among the emerging economies to lead to transition to clean and renewable energy. 

renewable energy smashes records in 2020 - ecowatch

Installed renewable energy and power generation capacity has increased at a fast pace over the past few years, posting a CAGR of 17.28 percent between FY14-19. With the increased support of government and improved economics, the sector has become attractive from investors perspective.  As of February 2020, the installed renewable energy capacity is 86.75 GW, of which solar and wind comprises 34.40 GW and 37.66 GW respectively. 

renewable energy

According to the FDI data recorded by DPIIT, FDI inflows in the Indian non-conventional or renewable energy sector between April 2000 and March 2020 stood at USD 9.2 billion. Investments in FY 2019-20 stood at USD 1.34 billion.

Name of Startup Category City State
ALOE ECELL PRIVATE LIMITED Clean Energy Lucknow Uttar Pradesh
NAVALT SOLAR AND ELECTRIC BOATS PVT LTD Clean Energy Kochi Kerala
H2E POWER SYSTEMS PRIVATE LIMITED Clean Energy Pune Maharashtra
HEXPRESSIONS MEGATECH PRIVATE LIMITED Clean Energy Jaipur Rajasthan
INGO ELECTRIC PRIVATE LIMITED Clean Energy Bengaluru Karnataka
TECSO CHARGE ZONE PRIVATE LIMITED Clean Energy Vadodara Gujarat
CYGNI ENERGY PVT LTD Clean Energy Hyderabad Telangana
ESYASOFT TECHNOLOGIES PRIVATE LIMITED Energy Efficiency Bengaluru Karnataka
REZONENT MICROCHIPS PRIVATE LIMITED Energy Efficiency Thrissur Kerala
INPHASE POWER TECHNOLOGIES PVT LTD Energy Efficiency Bengaluru Karnataka
RESONANT ELECTRONICS PVT LTD Energy Efficiency New Delhi Delhi
ENERGEIA MICROGRID PRIVATE LIMITED Energy Efficiency New Delhi Delhi
DIVSOFT SOLUTIONS INDIA PRIVATE LIMITED Energy Efficiency Kolkata West Bengal
DESIGN2OCCUPANCY SERVICES LLP Energy Efficiency Jaipur Rajasthan
CELLPROP PRIVATE LIMITED Energy Storage Bengaluru Karnataka
IMBUO EXPLORATIONS PRIVATE LIMITED Energy Storage Bengaluru Karnataka
VIRYA BATTERIES PRIVATE LIMITED Energy Storage Mumbai Maharashtra
AGASTI TANK WORKS PRIVATE LIMITED Energy Storage Mumbai Maharashtra
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renewable energy: india's largest renewable energy companies: acme, adani and greenko top the list, energy news, et energyworld

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