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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 StartupCategoryCityState
ALOE ECELL PRIVATE LIMITEDClean EnergyLucknowUttar Pradesh
NAVALT SOLAR AND ELECTRIC BOATS PVT LTDClean EnergyKochiKerala
H2E POWER SYSTEMS PRIVATE LIMITEDClean EnergyPuneMaharashtra
HEXPRESSIONS MEGATECH PRIVATE LIMITEDClean EnergyJaipurRajasthan
INGO ELECTRIC PRIVATE LIMITEDClean EnergyBengaluruKarnataka
TECSO CHARGE ZONE PRIVATE LIMITEDClean EnergyVadodaraGujarat
CYGNI ENERGY PVT LTDClean EnergyHyderabadTelangana
ESYASOFT TECHNOLOGIES PRIVATE LIMITEDEnergy EfficiencyBengaluruKarnataka
REZONENT MICROCHIPS PRIVATE LIMITEDEnergy EfficiencyThrissurKerala
INPHASE POWER TECHNOLOGIES PVT LTDEnergy EfficiencyBengaluruKarnataka
RESONANT ELECTRONICS PVT LTDEnergy EfficiencyNew DelhiDelhi
ENERGEIA MICROGRID PRIVATE LIMITEDEnergy EfficiencyNew DelhiDelhi
DIVSOFT SOLUTIONS INDIA PRIVATE LIMITEDEnergy EfficiencyKolkataWest Bengal
DESIGN2OCCUPANCY SERVICES LLPEnergy EfficiencyJaipurRajasthan
CELLPROP PRIVATE LIMITEDEnergy StorageBengaluruKarnataka
IMBUO EXPLORATIONS PRIVATE LIMITEDEnergy StorageBengaluruKarnataka
VIRYA BATTERIES PRIVATE LIMITEDEnergy StorageMumbaiMaharashtra
AGASTI TANK WORKS PRIVATE LIMITEDEnergy StorageMumbaiMaharashtra

renewable energy: india's largest renewable energy companies: acme, adani and greenko top the list, energy news, et energyworld

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