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.
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.
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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 Startup | Category | City | State |
|---|---|---|---|
| ALOE ECELL PRIVATE LIMITED | Clean Energy | Lucknow | Uttar Pradesh |
| NAVALT SOLAR AND ELECTRIC BOATS PVT LTD | Clean Energy | Kochi | Kerala |
| H2E POWER SYSTEMS PRIVATE LIMITED | Clean Energy | Pune | Maharashtra |
| HEXPRESSIONS MEGATECH PRIVATE LIMITED | Clean Energy | Jaipur | Rajasthan |
| INGO ELECTRIC PRIVATE LIMITED | Clean Energy | Bengaluru | Karnataka |
| TECSO CHARGE ZONE PRIVATE LIMITED | Clean Energy | Vadodara | Gujarat |
| CYGNI ENERGY PVT LTD | Clean Energy | Hyderabad | Telangana |
| ESYASOFT TECHNOLOGIES PRIVATE LIMITED | Energy Efficiency | Bengaluru | Karnataka |
| REZONENT MICROCHIPS PRIVATE LIMITED | Energy Efficiency | Thrissur | Kerala |
| INPHASE POWER TECHNOLOGIES PVT LTD | Energy Efficiency | Bengaluru | Karnataka |
| RESONANT ELECTRONICS PVT LTD | Energy Efficiency | New Delhi | Delhi |
| ENERGEIA MICROGRID PRIVATE LIMITED | Energy Efficiency | New Delhi | Delhi |
| DIVSOFT SOLUTIONS INDIA PRIVATE LIMITED | Energy Efficiency | Kolkata | West Bengal |
| DESIGN2OCCUPANCY SERVICES LLP | Energy Efficiency | Jaipur | Rajasthan |
| CELLPROP PRIVATE LIMITED | Energy Storage | Bengaluru | Karnataka |
| IMBUO EXPLORATIONS PRIVATE LIMITED | Energy Storage | Bengaluru | Karnataka |
| VIRYA BATTERIES PRIVATE LIMITED | Energy Storage | Mumbai | Maharashtra |
| AGASTI TANK WORKS PRIVATE LIMITED | Energy Storage | Mumbai | Maharashtra |
