India is rapidly becoming a global hub for renewable energy startups, with numerous innovative companies making significant strides in the sector. Here are ten noteworthy renewable energy startups in India that are making a mark:
1.Smart Joules:
| Aspect | Details |
|---|---|
| Key Offering | Retrofitting energy-intensive systems (cooling, heating, compressed air, and steam systems) |
| Innovation | JoulePAYS platform with performance-based contracts |
| Impact | Reduces carbon footprints and operational costs |
| Funding | Raised significant funding to expand operations and technological capabilities |
| Source | YourStory, StartUs Insights |
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- Key Offering: Retrofitting energy-intensive systems such as cooling, heating, compressed air, and steam in commercial and industrial facilities.
- Innovation: Their platform, JoulePAYS, offers performance-based contracts where customers pay a share of the savings achieved.
- Impact: By optimizing energy use, Smart Joules helps reduce carbon footprints and operational costs significantly.
- Funding: The startup has raised significant funding to expand its operations and technological capabilities.
2.ZunRoof:
| Aspect | Details |
|---|---|
| Key Offering | Rooftop solar PV installations and electricity monitoring solutions |
| Innovation | AI and IoT for monitoring and optimizing solar energy consumption |
| Impact | Addresses urban electricity issues, reduces reliance on grid power |
| Funding | Secured multiple rounds of funding to expand reach and technological infrastructure |
| Source | YourStory, StartUs Insights |
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- Key Offering: Solar rooftop installations and electricity monitoring solutions for urban households.
- Innovation: Utilizes AI and IoT for monitoring and optimizing solar energy consumption.
- Impact: Addresses urban electricity issues by promoting solar energy adoption, thus reducing reliance on grid power.
- Funding: ZunRoof has secured multiple rounds of funding to expand its reach and technological infrastructure.
3.ION Energy:
| Aspect | Details |
|---|---|
| Key Offering | Development of electronics for electric vehicles and energy storage systems |
| Innovation | Advanced predictive analytics platform for enhancing battery life and performance |
| Impact | Supports EV market and renewable energy storage solutions, reduces emissions |
| Funding | Raised $4.6 million to develop technology and market presence |
| Source | YourStory, StartUs Insights |
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- Key Offering: Development of electronics for electric vehicles (EVs) and energy storage systems.
- Innovation: Advanced predictive analytics platform for enhancing battery life and performance.
- Impact: Supports the growing EV market and renewable energy storage solutions, contributing to reduced emissions.
- Funding: Raised $4.6 million to further develop its technology and market presence.
4.Greenjoules:
| Aspect | Details |
|---|---|
| Key Offering | Production of renewable biofuels from organic waste |
| Innovation | Converts waste into biofuels, creating sustainable energy source |
| Impact | Reduces dependency on fossil fuels, promotes circular economy practices |
| Funding | Secured ₹330 million to scale up operations and enhance technology |
| Source | YourStory, StartUs Insights |
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- Key Offering: Production of renewable biofuels from organic waste.
- Innovation: Converts waste into biofuels, creating a sustainable energy source while managing waste effectively.
- Impact: Reduces dependency on fossil fuels and promotes circular economy practices.
- Funding: Secured ₹330 million to scale up operations and enhance technology.
5.Ossus Biorenewables:
| Aspect | Details |
|---|---|
| Key Offering | Green hydrogen production from industrial effluents using AI-powered bioreactors |
| Innovation | Converts waste carbon into hydrogen, providing a clean fuel alternative |
| Impact | Supports industrial decarbonization, provides sustainable hydrogen source |
| Funding | Raised ₹197 million to develop and deploy hydrogen production technology |
| Source | YourStory, StartUs Insights |
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- Key Offering: Green hydrogen production from industrial effluents using AI-powered bioreactors.
- Innovation: Converts waste carbon into hydrogen, providing a clean fuel alternative.
- Impact: Supports industrial decarbonization and provides a sustainable hydrogen source.
- Funding: Raised ₹197 million to develop and deploy its innovative hydrogen production technology.
6.Cygni Energy:
| Aspect | Details |
|---|---|
| Key Offering | Solar DC solutions for affordable green energy |
| Innovation | Cost-effective solar power solutions for rural and remote areas |
| Impact | Powered over 20,000 homes across 10 states, enhances rural electrification |
| Funding | Raised $6.4 million in equity and debt funding to expand reach and capabilities |
| Source | The Indian Wire |
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- Key Offering: Solar DC solutions for affordable green energy.
- Innovation: Provides cost-effective solar power solutions to rural and remote areas.
- Impact: Powered over 20,000 homes across 10 states, enhancing rural electrification.
- Funding: Raised $6.4 million in a mix of equity and debt funding to expand its reach and technological capabilities.
7.MYSUN:
| Aspect | Details |
|---|---|
| Key Offering | Online platform connecting solar installers with customers for rooftop solar systems |
| Innovation | Offers financing options and high-quality solar installations |
| Impact | Facilitates adoption of solar energy, making it more accessible and affordable |
| Funding | Secured $2.5 million in Series A funding to enhance platform and expand customer base |
| Source | The Indian Wire |
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- Key Offering: Online platform connecting solar installers with customers for rooftop solar systems.
- Innovation: Offers financing options and high-quality solar installations.
- Impact: Facilitates the adoption of solar energy by making it more accessible and affordable.
- Funding: Secured $2.5 million in Series A funding to enhance its platform and expand its customer base.
8.Orb Energy:
| Aspect | Details |
|---|---|
| Key Offering | Affordable off-grid and grid-tied solar rooftop solutions |
| Innovation | Collateral-free solar loans, making solar power accessible to SMEs and low-income individuals |
| Impact | Reduces electricity bills, promotes use of renewable energy |
| Funding | Raised $15 million in debt and equity funding to scale operations and technology |
| Source | The Indian Wire |
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- Key Offering: Affordable off-grid and grid-tied solar rooftop solutions.
- Innovation: Provides collateral-free solar loans, making solar power accessible to SMEs and low-income individuals.
- Impact: Helps reduce electricity bills and promotes the use of renewable energy.
- Funding: Raised $15 million in a combination of debt and equity funding to scale operations and technology.
9.Claro Energy:
| Aspect | Details |
|---|---|
| Key Offering | Solar-powered water pumping solutions for agriculture |
| Innovation | Efficient and sustainable water pumping solutions for rural farmers |
| Impact | Enhances agricultural productivity and economic growth in rural areas |
| Funding | Received funding from Samridhi Fund to expand solutions and market presence |
| Source | The Indian Wire |
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- Key Offering: Solar-powered water pumping solutions for agriculture.
- Innovation: Provides efficient and sustainable water pumping solutions to rural farmers.
- Impact: Enhances agricultural productivity and economic growth in rural areas.
- Funding: Received funding from Samridhi Fund to expand its solutions and market presence.
10.Uravu Labs:
| Aspect | Details |
|---|---|
| Key Offering | Thermal and desiccant-based system converting ambient air into drinking water using renewable energy |
| Innovation | Utilizes absorption and desorption processes for water generation |
| Impact | Addresses water scarcity with sustainable, energy-efficient technology |
| Funding | Raised $4.3 million to develop and deploy water generation systems |
| Source | YourStory, StartUs Insights |
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- Key Offering: Thermal and desiccant-based system converting ambient air into drinking water using renewable energy.
- Innovation: Utilizes absorption and desorption processes for water generation.
- Impact: Addresses water scarcity with sustainable, energy-efficient technology.
- Funding: Raised $4.3 million to develop and deploy its water generation systems.
These startups are at the forefront of India’s renewable energy transition, driving innovation and sustainability across various sectors. They contribute significantly to reducing carbon emissions, enhancing energy efficiency, and promoting the use of clean energy sources.
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