Top 5 Solar startups in India

By Srikanth
7 Min Read
Solar startups in India

These days, the trends of startups are constantly developing innovative ways to make new technologies accessible to the public. One of the biggest trends in technological advancement for society and the planet is the application of machine learning or artificial intelligence (AI) in the renewable energy sector.

A country like India has been rapidly developing its renewable energy sector in recent years. Startups are playing a crucial role in accelerating the adoption of renewable energy sources that includes wind, solar, and geothermal power.

The manufacturers of solar energy are considered leading manufacturers that are constantly gaining a high rise in demand. They are helpful in facilitating the required amount of energy to operate electricity utensils at home that generate the required amount of heat for cooking. In India, the industry of solar energy is growing at a rapid rate and is soon expected to provide ample amount of job opportunities for technical professionals.

For the promotion and support of India’s green energy system, the government of India is proactively assisting participants from all over the world to produce and create the essential ecosystem.

1. Saatvik Green Energy Pvt. Ltd.

Saatvik Green Energy is one of the leading and fastest-growing module manufacturing companies listed among the top 10 Solar panel manufacturers in India. In the present scenario, the company is accomplishing its operations from Ambala. The production house is equipped with ultra-modern and advanced technology that believes in building the types of machinery along with robotic technology. The power plant of Saatvik Green Energy Pvt. Ltd has a production capacity of around 1.5 GW/Annum. Saatvik manufactures constructs high and premium-quality Solar PV Modules for Rooftop, Commercial, and Utility applications.

Saatvik Green has created remarkable benchmarks with its quality products and services offered. On a continuous basis, the company is emphasizing ranking from nowhere to “Top 10 Solar Module Manufacturing companies in India”.

2. Adani Green

Adani Green Energy is ranked among the top 10 solar panel manufacturers in India. Adani Green Energy is currently engaged in the manufacturing of Solar PV Modules. Adani Solar is a subsidiary of Adani Enterprises Ltd., is one of the world’s top 15 utility solar power developers. The company is having it headquartered in Mundra, Gujarat where they are manufacturing solar cells and modules with 1.5 GW+ of cell and module capacity.

Adani Solar is India’s first and largest vertically integrated solar enterprise that is offering goods and services across the photovoltaics manufacturing niche. The cutting-edge technology is inclusive of machinery and equipment obtained from the best vendors. The objective behind the action of the company is to aid in cost leadership, the scale of operations, and dependability standards in line with worldwide benchmarks. Adani Solar is currently constructing the World’s First Fully Integrated and Comprehensive Eco-system of 10 GW Solar PV.

3. Tata Power Solar Systems Limited

Tata Power Solar Systems Limited is one of the first solar enterprises to be established in India. The company was established in 1989. Solar cells and modules may be manufactured by Tata Power which is having a production capacity of 1,100 MW.

They have massive control over a substantial portion of the home and commercial solar markets. Tata Power Solar Systems Limited is helpful in facilitating various products that are inclusive of RO systems, water pumps, on-grid solar systems, and off-grid solar systems. Tata Power Solar is obtaining 5.6% of the market shares which makes them one of the top businesses in the EPC solar system sector. Tata Power’s total capacity for renewable energy in India is 2,628 MW.

If we talk about the focal points of the company, then the company has an outstanding Corporate Reputation, a large Internal Manufacturing Base, and many more.

4. Uravu Labs

Uravu Labs was incorporated by engineers Swapnil Shrivastav, Venkatesh RY, Pardeep Garg, and Govinda Balaji. Uravu Labs is a Bengaluru-based company that generates “water from air” using 100% renewable energy sources like solar, waste heat from industries, and biomass.

Uravu Labs is covering land of about 2 square metres, the Uravu AWG (atmospheric water generator) is a thermal and desiccant-based system that makes utilization of absorption and desorption processes for the conversion of ambient air into drinking water.

As per the promise made by the company, not a drop of water is wasted in the process, unlike technologies like reverse osmosis, which waste more water than they purify.

5. ONergy Solar

ONergy Solar is a Kolkata-based end-to-end solar solutions provider that was initially founded by Piyush Jaju and Vinay Jaju in 2009. ONergy Solar believes in offering comprehensive solar solutions that are inclusive of design, engineering, manufacturing, and installation for solar rooftops, solar irrigation pumps, solar lighting, and microgrids.

ONergy Solar’s solutions are helpful for their clients to transition to clean and renewable energy, by reducing energy costs to become more efficient.

The government of India has set an ambitious target for the achievement of 175 GW capacities in renewable energy by 2022, which includes 100 GW of solar power and 60 GW of wind power.

The startup has attracted various Indian startups to leverage the opportunity and grow in the solar energy industry to help the country speed up the transition to cleaner energy.

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