Renewable Energy in India: Top Startups in Industry
From the last few years, India has started making a shift towards Renewable Energy. Renewable energy in India has started taking pace by unveiling latest products and offerings. According to a report, India is world’s 3rd largest consumer of electricity and world’s 3rd largest renewable energy producer with 38% (136 GW out of 373 GW) of total installed energy capacity in 2020 from renewable sources. India has also set a target of producing 175 GW by 2022 and 450 GW by 2030 from renewable energy. This data showcase the strength and acceptance of renewable energy in India.
With the agenda to make India pollution free, the Indian government has taken several initiatives. It has already started taking various large-scale sustainable power projects and promoting green energy heavily.
If we see the potential of renewable energy in India, so it can create many employment opportunities at all levels, especially in rural areas.
The Ministry of New and Renewable Energy (MNRE) has a plan to construct renewable energy capacities to the tune of 227 GW by 2022, of which about 114 GW is planned for solar, 67 GW for wind and other for hydro and bio among other. The renewable energy in India is expected to achieve an investment of US$ 80 billion within a span of four years. The plan is to set up almost 5,000 Compressed Biogas plants by 2023.
While focusing on the same, we have enlisted top renewable energy startups in India;
ReNew Power
Gurgaon based ReNew Power is one of the top renewable energy startups in India. Since commencing operations with a 25.2 MW wind project in Jasdan, Gujarat, the company has grown exponentially. It was the first Indian renewable energy company to cross 1 GW of operational capacity, and is presently the only company in this sector in India with over 5 GW of operational capacity. Currently ReNew is ranked among India’s top companies across sectors by asset size.
Cygni Energy
Cygni Energy, one of the top renewable energy startups in India based in Hyderabad is a new age energy generation, storage, and processing technology solutions enterprise. It has the choicest of corporate and government clients, all delighted with offerings and services. Reach out to us for Electric Vehicles (2 Wheelers and 3 Wheelers) smart BMS controlled batteries and rooftop solar hybrid solutions.
Oriano
One of the top renewable energy startups in India, Oriano provide solar solutions across wide consumer segments i.e. Homes, Educational Institutes, SMEs, Commercial Buildings, Industrial Units and Utility-Scale Developers. The company offers project development services as well as products and solutions powered by solar energy. Oriano’s strength lies in having inhouse talented team across Engineering, Design, Procurement, Quality, Projects and Operations. The company is using the best-in-class engineering and project management tools and methodology for optimized performance and system reliability.
India Go Solar
Founded by IIT, IIM’s alumni & experienced professionals of MNCs, www.indiagosolar.in is India’s 1st solar e-info#commerce marketplace. It has made its name in one of the top renewable energy startups in India. The main objective is to create more prosumers by sharing structured information & Buy n sell solar products/projects & related services online. The brand is focused on creating a high tech platform which houses thousands of top grade solar products, roof top projects and other services. It also helps buyers identify the solar products, projects and services best suited to their needs and making all relevant information available at a one-stop-shop.
ONergy Solar
ONergy Solar is an end-to- end solar solution expert, which has made its name in one of the top renewable energy startups in India. The company provides design, engineering, manufacturing, installation, O&M and solar consultancy services for solar rooftop power plant, solar irrigation pumping, solar lighting and microgrids. ONergy Solar is also renowned for its last mile access to energy reaching the remotest corners, strong after sales service network and high quality products.