Switching to sustainable and renewable sources of energy is the need of the hour for every individual and entity. Constant dependence on non-renewable energy sources will deteriorate the condition of this green planet. In the coming time, everyone will be accountable for the depletion of resources like coal, which is instrumental in generating electricity.
Environmentalists and non-profit organizations worldwide have been conducting awareness programs to the best of their capacities for many years. Indeed, their honest efforts have already started to change the mindset of countless people and compel them to rely more on renewable energy sources. Read on to learn about the top renewable energy companies in India.
What are Renewable Energy Sources?
Renewable energy sources can be best defined as sources of energy that will not get depleted over time when used again and again. This is just the opposite of using petroleum, coal, and other non-renewable sources of energy.
With time, everyone has realized the importance of harnessing the potential of renewable energy sources such as solar, geothermal, wind, and hydropower. Air and water pollution, drastic climate change, and the exhaustion of fossil fuels are becoming more pressing environmental issues.
Thus, the shift towards cleaner and eco-friendly sources of energy is a must before it is too late. Here’s why renewable or natural sources of energy are a beacon of hope.
- Benefits the Environment: Using renewable energy sources does not cause the emission of greenhouse gases, unlike coal. Moreover, all these sources of energy play an instrumental role in climate change mitigation. Healthier ecosystems lead to a significant improvement in the health of the public and other living species.
- Economic Benefits: The extensive use of renewables such as solar, hydro, wind, geothermal, etc., will generate new jobs in various departments, including production, installation, and maintenance. Moreover, decreased costs and improved efficiency have made renewables cost-effective energy solutions.
Know More: Solar Energy vs Fossil Fuels: Why Solar Energy is Better Than Fossil Fuels
10 India’s Leading Renewable Energy Companies
Here are the top ten renewable energy players in India that are playing a crucial role in ensuring that the world is more clean and green in the coming time.
Adani Green Energy Limited
The first-ranked company on the list is Adani Green Energy Limited because of the company’s exceptional contribution to making the future more sustainable. AGEL is one of the Adani Group’s subsidiaries. It excels in generating wind and solar power and boasts an extensive capacity to conduct its operation. The electricity this company produces by converting solar and wind energy is nationally and regionally distributed.
Main Projects
- Hybrid energy plant (20 GW) in Kutch district in Gujarat
- A green energy park (726 sq km) in Rann of Kutch in Gujarat
TATA Power Solar Systems Limited
One of the country’s top integrated solar energy production companies is TATA Power Solar Systems Ltd. It operates under the TATA Group and possesses an outstanding solar power generation capacity (3136 MW) portfolio. Aside from conducting solar power projects, it produces solar cells, modules and renders services pertinent to solar products engineering, procuring and construction.
Main Projects
- A solar power facility (300MW) in Dholera, Gujarat
- A floating solar energy project (101.6 MW) in Kayamkuam in Kerala
Know More: Top 10 Solar Panel Manufacturers in India
JSW Energy Limited
JSW Energy Ltd is a part of the JSW Group, which specializes in developing and operating hydropower projects. It is one of those renewable energy companies in India to optimize the use of natural energy by employing advanced technologies. Currently, it is the only company with the highest capacity to generate hydropower.
Main Projects
- Hydroelectricity project (1500 MW) in Nashik
- Wind power project (5000 MW) in Solapur, Kolhapur, Osmanabad and Satara
Inox Wind Limited
Inox Wind Ltd.’s main focus is on developing wind farms and wind turbines extensively. It is a renowned company that plays an instrumental role in the production and distribution of renewable energy. Inox Wind provides components and equipment for wind farm projects and constructs wind power plant infrastructure.
Main Projects
- The company will be installing wind turbine generators (3.3 MW) in Dayapar in Gujarat
- NTPC Renewable Energy Ltd has assigned a wind energy project (150 MW) to Inox Wind Ltd.
Suzlon Energy
One of India’s esteemed renewable energy solution providers is Suzlon. It excels in providing a package of different aspects pertinent to wind energy projects. This company has extensive experience designing, developing, and producing wind turbine generators. The capacity of its installed wind energy in India is 13.76 GW.
Main Projects
- Installation of 15 WTGs with a capacity of 31.5 MW in Karnataka and Maharashtra
- A wind power project (300 MW)
Sterling and Wilson Renewable Energy Ltd
Sterling and Wilson Renewable Energy Ltd, a top-rated global EPC manufacturing company in India, provides complete services related to engineering, obtaining, and manufacturing solar products. The company is also an expert in generating large-scale solar energy and installing floating solar panels and hybrid systems.
Main Projects
- A solar power project (375 MW) in Anantapur, Andhra Pradesh
- Two prominent projects in Vietnam (104MW and 168 MW)
- A couple of projects in Chile (170 MW and 190 MW)
Borosil Renewables
Borosil Renewables is a well-reputed solar glass manufacturing company in India. It is crucial in catering to nearly forty percent of India’s total demand for solar glass. Borosil Renewables supplies its manufactured solar glasses to multiple countries, including Spain, Turkey, Germany, Portugal, and Russia.
Main Projects
- Develops 2mm thickness fully-tempered solar glass
- It produces solar glass free of Antimony
ReNew Energy
Renew is one of the well-known renewable energy companies in India. It specialises in producing wind and solar power. ReNew Energy’s production capacity is 25.20 MW, and it sells the electricity it generates to industrial businesses and state electricity boards.
Main Projects
- Yellow Pine solar project
- BP’s Morgan and Mona offshore project
- Baltic power offshore wind farm
- Dogger Bank wind farm
Websol Energy System
Websol specializes in manufacturing photovoltaic monocrystalline modules and solar cells. It is sought-after for exporting premium-quality solar cells to North Africa and Europe. The production plant of this company is in West Bengal, India. It has received several certifications from different parts of the globe for its accomplishments.
Main Projects
- Mono PERC cell production with a capacity of 1.8GW
Read More: Top 10 Solar EPC Companies in India
KP Energy
One of the trusted wind energy production companies in India is KP Energy. The capacity is around 29.4 MW and its production unit is in Gujarat. It has won many accolades for contributing to a cleaner and sustainable future.
Main Projects
- A wind energy farm at Matalpar
- A wind power project at Fulsar and Bhungar
Know More: Top 10 Solar Panel Manufacturers in Gujrat
India’s Initiatives in Fostering the Use of Renewable Energy
The energy demand in India is increasing at a significant pace with the growing population. Aside from the urban and suburban areas, even most villages across this country receive the required electricity around the clock. So, it is becoming crucial to use renewable energy sources instead of continuously relying on petrol, diesel, coal, and natural gas.
The Indian government has already set a target of adding 500GW of renewable energy by 2030. Different factors are responsible for driving the government’s focus on renewable, cleaner energy sources.
- The necessity to reduce carbon footprint as sooner as possible to mitigate climate change
- Lower dependence on imported fossil fuels contributes to energy security and price stability.
- Renewable energy sources help keep the environment greener and cleaner, besides boosting the growth of a sustainable economy.
Multiple renewable energy companies in India have appreciated the Indian government’s initiatives and pledged to make the country a leader in using renewable, natural energy sources.
Conclusion
India’s priority for renewable energy sources is commendable. Harnessing the potential of natural, clean sources of energy can help meet the growing energy demand and protect the environment. India’s leading renewable energy companies are instrumental in improving energy security, economic growth, and environmental sustainability.
