With the increasing influence of innovations and people focusing on sustainable solutions, renewable energy is getting more and more recognition. In India, besides being economically efficient, renewable energy is setting benchmarks in innovation. In fact, our infrastructure in energy production can be incorporated as the power grid. Whether its wind or solar, every source of energy has seen the advent of innovations to fill many rooms for improvement. In 2019, India’s 86 GW, which has increased to 186.96 GW in 2023.
There are numerous companies across the country that contributed significantly in accomplishing this incredible feat. Here we list down the top 10 Green Energy Companies in India.
Tata Power tops the list of top 10 Green Energy Companies in India. It has wind power plants in Maharashtra, Gujrat, Tamil Nadu, and Karnataka, producing combined energy of 932 MW. It is also an integral player in boosting wind power output in Rajasthan, Andhra Pradesh, and Madhya Pradesh. Alongside wind power, TATA Power has solid base in solar power generation, with 1705 MW of capacity.
A subsidiary of Shapoorji Pallonji Company, Sterling and Wilson has operations based in 24 countries. The company specializes in building humongous solar installations and oversees the entire process, from conception to building to preservation. In fact, it is one of preferred names for solar project solutions. Till date, it has executed 256 projects, with 216 of them being authorized.
Websol Energy System Ltd. Is well known for its photovoltaic crystalline solar cells and modules. Its services are used in several corporate and industrial settings across the country and across borders. Among its standout goods are the Multi Crystalline 4BB PV Solar Cell, Mono Crystalline 5BB PV Solar Cell, and Multi Crystalline 5BB PV Solar Cell.
In terms of renewable energy services, Suzlon Group is the industry pioneer. In 18 nations in Asia, Australia, Europe, Africa, and the Americas, Suzlon’s unparalleled expertise in renewable energy solutions is fostering a sustainable future. With over 20 years of experience, cutting-edge research & development, and a broad range of durable and dependable solutions, the company is able to provide clients the highest levels of productivity, output growth, and overall profitability. It is recognised with numerous prestigious awards, including the Businessworld FICCI Corporate Social Responsibility Awards, Thomson Reuters, and Aaj Tak Care Awards, ranking it among the top 10 green energy companies in India.
Renew Power, a subsidiary of ReNew Energy Global PLC, was founded in 2011. It is one of the biggest independent power producers (IPPs) of renewable energy in India and the world, with over 110 operational utility-scale wind, solar, and hydro energy plants spread across ten Indian states. Additionally, the company owns and manages integrated solar energy plants in India for more than 150 business and corporate customers. The company collaborates with numerous top corporations, including Mahindra, DLF, Ultratech, Aditya Birla, etc.
Incorporated in 2008, Azure Power constructed India’s first utility-scale solar plant in 2009, and since then, it has substantially changed to become a driving force behind the nation’s development and management of renewable energy initiatives. The company was able to drastically reduce net programme spending, which included a significant decrease in balance of systems expenses, thanks to the internal concurrent modelling, planning, and acquisition strategies.
With a total generation capacity of 7.5 GWdc throughout 15 Indian states, Hyderabad-based Greenko is among the top 10 green energy companies in India. By using a variety of decarbonized power sources and network assets in place of fossil fuels, Greenko is able to produce electricity that is both accessible and environmentally friendly. It has integrated clean energy projects going in Madhya Pradesh, Karnataka, and Andhra Pradesh. It has become a household name due to its ability to automate, reduce emissions, and decentralise by providing utility-scale, clean, and affordable resources to answer the country’s ongoing energy stability challenges.
NTPC stands among the notable energy production company in India. Operating as NTPC Renewable Energy Limited, the company has now made a name for itself in the renewable energy industry, and business is booming. In order to make its energy portfolio more ecologically friendly, NTPC is taking a number of actions, including boosting the production of sources of clean energy. The company anticipates having 60GW of green power generation by 2032, or over 45% of its total capacity.
The ACME Group was founded in 2003 and is one of India’s solar energy companies that is growing the fastest. The ACME Group, a collection of international firms that combine research and inventiveness, produces and markets numerous ground-breaking ecologically friendly solutions for the energy sector. Being the leading solar IPP in the nation, ACME Solar has a base of assets that include solar power facilities with a combined capacity of more than 5500 MWp.
The only manufacturer of solar glass in India is Borosil Renewables Ltd. The company has produced the first fully tempered solar glass that is 2 mm thick. It also creates solar glass with the minimal iron concentration for optimal efficacy, coupled with the development of solar glass that is antimony-free. One of its most popular products is Selene, a solar glass with anti-glare qualities that is appropriate for PV. Another item is a Shakti matt-matt solar glass, which has a high efficiency.
Bottomline
Those are the top 10 Green Energy Companies in India. These firms are setting a benchmark for innovation in green energy technologies in India. The expansion of these businesses suggests that India’s reliance on nonrenewable energy sources would rise over the next few years. People are shifting towards sustainable alternatives; thus, these businesses will keep raising production to keep up with demand from customers.
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Business Talk is a digital business magazine that caters to CEOs, Entrepreneurs, VC, and Corporates. While working with entrepreneurs and business executives, we focus not only on their achievements. Our mission is to shed light on business entities, including their innovations, technological benchmarks, USPs, and milestones/accolades.
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