The dynamics of power generation across the globe is changing as more and more countries look to renewable power sources for their energy requirements. India has done well for itself when it comes to green energy. As of 2019, India was ranked as the fourth most attractive renewable energy market in the world and ranks fifth in wind power, fifth in solar power and fourth in installed renewable power capacity respectively.
Let us look at the top ten renewable companies in India that have heralded its meteoric rise.
- Tata Power Solar
Known formerly as Tata BP Solar, it specializes in solar energy and has an installed solar generation capacity of 1,705 MW. It also dabbles in wind projects, possessing an installed capacity of 932 MW.
- Suzlon energy
One of the leading renewable energy companies in the world, Suzlon has a presence in over 18 countries. Suzlon has over a 100 plus wind farms in India with an installed capacity of over 12,900 MW.
- ReNew Energy
Based in Gurugram, ReNew Energy’s portfolio covers wind and solar projects across 8 Indian states. Its installed wind capacity touches 3,257 MW and solar capacity, 1,676 MW for a total of almost 5,000 MW.
- Adani Green Energy
The renewable energy company owned by Adani has grown by leaps and bounds. Its 46 operational projects, both wind and solar, covers 11 states and has an installed capacity of 5,290 MW.
- Azure Power
Headquartered in New Delhi, this prolific energy company deals in solar projects and developed India’s first utility scale solar project in Punjab. Since then it has never looked back. Currently, Azure Power has a total installed capacity of 7,115 MW.
- Hindustan Cleanenergy
The renewable energy arm of Hindustan Power, it has made significant contributions to India’s renewable energy sector. It was responsible for India’s first solar plant of 5 MW. It currently has an installed solar power capacity of 450 MW.
- Mahindra Susten
Part of the Mahindra Group, Mahindra Susten is also one of India’s largest renewable energy EPC companies in India. It has recently forayed into the international scene as well, boasting a total of 4,330 MW under its portfolio.
- Welspun Energy (WEL)
A subsidiary of Welspun Group, WEL is the largest developer of solar projects in India, possessing unmatched engineering, procurement and construction (EPC) capabilities. It has successfully commissioned 328 MW solar PV projects and will add another 342 MW soon.
- Sembcorp Green Infra
Firmly established across seven states in India, Sembcorp has acquired 35 wind and 4 solar energy assets till date. Its reputation as one of India’s reliable renewable energy companies can be attested by its projects which total over 2,100 MW.
- Orient Green Power Limited
The independent renewable energy company has a strong presence in southern and western India, with wind farms in Tamil Nadu, Andhra Pradesh, Karnataka and Gujarat. It currently manages a portfolio of nearly 424 MW. We hope our top ten list has opened your eyes to the great strides India is taking for a greener future.