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  • Home Startups Magazines october-2022-special24 issue Vendors

Top 10 Renewable Energy Startups - 2022

  • Star Power Distribution: Leading name in the Renewable Energy Sector Working Towards Sustainable Environment Goals
  • Cover Story

    Star Power Distribution: Leading name in the Renewable Energy Sector Working Towards Sustainable Environment Goals

    The Indian renewable energy sector is the world’s fourth most appealing renewable energy market. As of 2020, India ranked fourth in wind power, fifth in solar power, and fourth in renewable power installed capacity. Renewable power generation capacity installation has grown rapidly in recent years. With increased government support and improved economics, the sector has become more appealing to investors. As India attempts to meet its energy demand, which is expected to reach 15,820 TWh by 2040. According to the recent data released by IBEF, the country intends to install approximately 450 Gigawatts (GW) of renewable energy capacity by 2030, with solar accounting for approximately 280 GW (more than 60 percent). The addition of renewable energy capacity in the first eight months of FY22 was 8.2 GW, compared to 3.4 GW in the same period last year. ICRA anticipates adding 12.5 GW of renewable energy capacity in FY22 and 16 GW in FY23. Adding to this contribution, the government intends to build 523 GW of renewable energy capacity (including 73 GW from hydro) by 2030. In this ongoing revolution, there is an impeccable contribution by many private firms in the market, and among them, Star Power Distribution Private Limited stands idiosyncratic in the market with its exceptional appealing operation.

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Top 10 Renewable Energy Startups - 2022

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Aelius Turbina

Ankit Rashmikant Modi

Director, Aelius Turbina

Developers of innovative solar cleaning with laser technology, and providers of solutions for renewable energy, solar cleaning and sustainable solutions

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Arka11 Renewable Solutions

Ashok Chowdary

Founder, Arka11 Renewable Solutions

Team of young energetic individuals who dream of fighting global climatic changes by adapting to renewable power sources to cater the ever hungry and demanding world to become self-sustained and yet contribute to the future & nature

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Eco Impulse

Smit Shah

CMO, Eco Impulse

Indian firm recognized by Startup India and started with a thought of providing solution for renewable energy generation

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Elgris Solar Power Systems

Sampat Dhoot

Managing Director, Elgris Solar Power Systems

Provides end-to-end solutions that cover the entire value chain of engineering offering to serve the needs of solar to its various customers

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Inventocean Technologies

Rahul Kanotra

Founder, Inventocean Technologies

Renders affordable, specialized, innovative engineering solutions and consultation in the floating solar infrastructure for green India

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Quasar Innovative Solutions

Ratnesh Naresh Shingrupe

Founder & CEO, Quasar Innovative Solutions

The company offers ‘concept to completion’ services to its clients using solar PV technology which ranges from Kilowatt to Megawatt for on-grid, off-grid & utility-scale projects

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Speedwave Fuel

Vipin Parihar

Director, Speedwave Fuel

A non-petroleum based fuel and is committed to a cause of sustainable energy and also take high amount of quality control & best measures to avoid malpractices & pilferage

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Star Power Distribution

Sumit Aggarwal

CEO, Star Power Distribution

The company is one stop solution for all stakeholders in the Green & Clean Energy Ecosystem

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Sungarner Energies

Sumit Tiwari

Founder, Sungarner Energies

Has become one of the leading power solutions manufacturing companies in the country specializing in solar power requirements through advanced technologies & innovation

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Viviid Renewables

Siddharth Mehra

Founder, Viviid Renewables

They offers comprehensive services that are specialized and customized for each of the project sites

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