Here are the top Renewable energy Related stocks in India along with their key details:
- Adani Green Energy Ltd. (AGEL)
Potential: AGEL is poised for significant growth as one of India’s largest renewable energy companies, focusing on solar and wind power projects. With a strong pipeline of projects and ambitious expansion plans, it aims to capitalize on the growing demand for clean energy.
Headquarters: Ahmedabad, Gujarat, India.
Services: Develops, builds, owns, and operates renewable energy assets, including solar and wind farms.
Cost Profit: AGEL has shown robust profitability through its expanding renewable energy portfolio and strategic investments in the sector.
- Greenko Energy Holdings
Potential: Greenko is a leading player in the Indian renewable energy market, known for its diversified portfolio in wind, solar, and hydro power. The company is well-positioned to benefit from India’s renewable energy targets and growing energy demand.
Headquarters: Hyderabad, Telangana, India.
Services: Generates renewable energy through a mix of wind, solar, and hydro projects. Greenko also focuses on energy storage solutions.
Cost Profit: Greenko’s profitability is supported by its operational efficiency and strategic investments in renewable energy projects.
- NTPC Renewable Energy Ltd.
Potential: As a subsidiary of NTPC Limited, NTPC Renewable Energy focuses on expanding its renewable energy capacity, including solar and wind power projects. It leverages NTPC’s strong market presence and resources for growth.
Headquarters: New Delhi, India.
Services: Develops and operates renewable energy projects, contributing to NTPC’s goal of increasing its renewable energy portfolio.
Cost Profit: NTPC Renewable Energy benefits from NTPC’s financial stability and governmental support, enhancing its profitability outlook in the renewable energy sector.
- Torrent Power Ltd.
Potential: Torrent Power is actively expanding its renewable energy portfolio alongside its conventional power generation. The company aims to integrate more renewable energy sources into its energy mix, aligning with sustainability goals.
Headquarters: Ahmedabad, Gujarat, India.
Services: Generates power from renewable sources such as solar and wind, complementing its traditional power generation capabilities.
Cost Profit: Torrent Power’s strategic investments in renewable energy contribute to its profitability by diversifying its energy sources and reducing environmental impact
- Suzlon Energy Ltd.
Potential: Suzlon Energy is a key player in India’s wind energy sector, focusing on wind turbine manufacturing and wind farm development. With renewed focus on operational efficiency and debt restructuring, Suzlon aims to regain its market position.
Headquarters: Pune, Maharashtra, India.
Services: Designs, manufactures, installs, and maintains wind turbines for wind power projects across India.
Cost Profit: Suzlon’s profitability outlook is influenced by market demand for wind energy solutions and its ability to manage operational costs effectively.
- Tata Power Renewable Energy Ltd.
Potential: As part of Tata Power, Tata Power Renewable Energy is expanding its renewable energy capacity, including solar and wind power projects. It leverages Tata Group’s resources for growth and sustainability initiatives.
Headquarters: Mumbai, Maharashtra, India.
Services: Develops, operates, and maintains renewable energy projects, contributing to Tata Power’s commitment to sustainable energy solutions.
Cost Profit: Tata Power Renewable Energy benefits from Tata Group’s financial strength and strategic investments in renewable energy, supporting its profitability and growth trajectory.
- Hero Future Energies Global Ltd.
Potential: Hero Future Energies, a part of the Hero Group, focuses on solar and wind power projects in India. It aims to expand its renewable energy footprint and contribute to India’s energy transition.
Headquarters: New Delhi, India.
Services: Develops and operates solar and wind power projects, emphasizing sustainable energy solutions.
Cost Profit: Hero Future Energies’ profitability is supported by its focus on operational efficiency and expanding renewable energy projects in India.
- Azure Power Global Ltd.
Potential: Azure Power is a leading solar power producer in India, with a focus on utility-scale solar projects. It aims to capitalize on India’s solar energy growth and expand its operational capacity.
Headquarters: New Delhi, India.
Services: Develops, owns, and operates solar power projects, contributing to India’s renewable energy goals.
Cost Profit: Azure Power’s profitability is driven by its operational scale in solar power generation and strategic expansion in the renewable energy sector.
- Renew Power Pvt. Ltd.
Potential: Renew Power is one of India’s largest independent renewable energy producers, with a diversified portfolio including solar and wind power projects. It aims for substantial growth through new projects and acquisitions.
Headquarters: Gurugram, Haryana, India.
Services: Develops, operates, and manages renewable energy assets, focusing on expanding its renewable energy footprint.
Cost Profit: Renew Power’s profitability is underpinned by its scale, operational efficiency, and strategic investments in renewable energy projects.
- Inox Wind Ltd.
Potential: Inox Wind specializes in wind turbine manufacturing and develops wind power projects across India. With a focus on enhancing manufacturing capabilities and expanding project pipelines, Inox Wind aims to capitalize on the demand for wind energy.
Headquarters: Noida, Uttar Pradesh, India.
Services: Designs, manufactures, installs, and services wind turbines for wind power projects.
Cost Profit: Inox Wind’s profitability is influenced by market demand for wind energy solutions and its ability to innovate and expand in the renewable energy sector.
Understand the Renewable energy Related stocks:
Investing in renewable energy stocks in India has garnered significant attention due to the country’s ambitious goals for sustainable development and clean energy adoption. With increasing global awareness of climate change and environmental sustainability, renewable energy has emerged as a critical sector for investors seeking both financial returns and positive societal impact.
Frequently Asked Questions About Renewable Energy Stocks
Can green energy be a good investment?
Green energy, which includes solar and wind power, is growing worldwide. By 2026, it’s expected to make up 95% of global energy growth. Countries are investing heavily in this sector to go green faster. This makes green energy a promising long-term investment.
How to find renewable energy penny stocks on Tickertape?
Penny stocks are those under Rs. 10. To find them on Tickertape:
- Use the Stock Screener.
- Choose categories like “Renewable Energy” and “Renewable Energy Equipment & Services.”
- Set the price filter to Rs. 10 or less.
Which are some solar energy stocks in India?
Solar energy companies in India focus on generating electricity from the sun. Examples include Tata Power, JSW Energy, Sterling and Wilson, INOX Wind, and Adani Green Energy Limited.
Which are some wind energy stocks in India?
Wind energy companies in India generate power from wind. Key players are Suzlon Energy Limited, Inox Wind Limited, Regen Powertech Private Limited, Orient Green Power Limited, Enercon India Pvt Limited, and Gamesa Wind Turbines Private Limited.
What are green energy stocks?
These stocks involve companies developing technologies that use renewable resources like wind, solar, and hydroelectric power instead of fossil fuels. They also include technologies supporting the shift to green energy.
Where can you track Orient Green Power news?
Stay updated on Orient Green Power news and financials through Tickertape. Visit the company’s Stock Page on Tickertape for share prices, financials, shareholding patterns, and the latest news updates.