Renewable Energy Stocks in India | High-Growth Potential Stocks

Renewable energy stocks in India refer to the equities of the companies that generate energy from sustainable sources. These sources could include wind, biomass, hydro or solar energy. The primary motive of these companies is to continue to meet the growing demand for energy while minimising the adverse impact on the environment. 

The best renewable energy stocks in India include Olectra Greentech, Reliance Industries, Tata Power Company, Sterling & Wilson Renewable Energy, Waaree Renewable Tech, NTPC, and more. These energy stocks have exposure to a highly dominant sector to increase investors’ wealth. 

List of Renewable Energy Stocks in India 2025

Explore the top renewable energy stocks in India to invest in 2025!

Disclaimer: The above table is for informational purposes only. Univest is not suggesting buying or selling these renewable energy stocks in India. The data is derived from Univest stocks and is subject to real-time updates. 

Renewable Energy Companies: Brief Overview

1. Olectra Greentech:

Founded: 2000

Headquarters: Hyderabad, India

Market Capitalisation: ₹9474 cr.

Olectra Greentech is a leading Indian company known for its eco-friendly public transport across the country. The company plays a vital role in driving sustainability and reducing pollution in urban areas. Currently priced at ₹1179.9, it is a solid pick for investors seeking to invest in some of the best renewable energy stocks in India.

2. Reliance Industries:

Founded: 1966

Headquarters: Mumbai, India

Market Capitalisation: ₹1650002 cr.

Reliance Industries is one of the largest conglomerates in India that is integrating renewable energy solutions as a fundamental part of its future services. The company is diversifying  its offerings in the field of solar, hydrogen, and sustainable fuels. It is well-reputed for its consistent innovation to support renewable energy transition India. Currently traded at ₹1240.1, it is one of the top renewable energy stocks India.

3. Tata Power Company:

Founded: 1911

Headquarters: Mumbai, India

Market Capitalisation: ₹116470 cr.

Tata Power stands as one of most trusted and established names in the energy sector in India. It has expanded its product line with multiple solar and wind projects. The current market price of the stock is ₹378.5, making it an affordable option among the best renewable energy stocks in India.

4. Sterling & Wilson Renewable Energy:

Founded: 1927

Headquarters: Mumbai, India

Market Capitalisation: ₹5849 cr.

Sterling & Wilson Renewable Energy is a leading Indian company in the global renewable energy industry. Laying a strong emphasis on solar energy, the company plays a vital role in the global shift towards sustainability. The stock is priced at ₹265.6 and is one of the long-term energy stocks India.

5. Waaree Renewable Tech:

Founded: 1999

Headquarters: Mumbai, India

Market Capitalisation: ₹9212 cr.

Waaree Renewable Tech is part of the Waaree Group, which is a popular brand in India’s solar industry. The company makes solar energy accessible for consumers and businesses. With a strong financial position, the stock is traded at ₹938.7 and is included in the list of best renewable energy stocks 2025.

6. NTPC:

Founded: 1975

Headquarters: Delhi, India

Market Capitalisation: ₹349177 cr.

NTPC is the largest power-generating company in India, building solar and wind projects to take sustainability forward. It focuses on generating power while being environmentally responsible and prioritising long-term sustainability. Currently priced at ₹362.5, the stock has a strong market position as one of the top renewable energy stocks in India.

7. Adani Green Energy:

Founded: 2015

Headquarters: Ahmedabad, India

Market Capitalisation: ₹141565 cr.

Adani Green Energy is another solid pick among the best renewable energy stocks in India. It focuses on solar and wind power with a motive to make clean energy more accessible and affordable. The current market price of the stock is ₹936.65, and is often chosen by investors who prioritise strong company fundamentals.

Renewable Energy Sector: A Brief Outlook

With rising concerns regarding the depletion of resources all over the globe, the renewable energy sector is at the forefront of a global trend of shifting towards sustainability. This has led to increased awareness among consumers as well as investors of an impact-driven social responsibility. As more companies are participating in the renewable energy sector in India, the demand for the top renewable energy stocks in India is expected to rise. 

Additionally, the support measures provided by the government in the form of tax incentives, subsidies, etc., indicate that the sector is going to follow an upward trajectory. Consistent innovations will drive the prices of renewable energy stocks. Thus, the sector provides an opportunity for investors to earn profits while minimising and being mindful of the impact on the environment.

Also Read: List of Green Energy Stocks in India 2025

Best Performing Renewable Energy Stocks With P/E Ratio

Explore the top renewable energy stocks in India with their P/E ratio. 

Best Performing Renewable Energy Stocks With 5-Year Returns

Look at the best renewable energy stocks in India based on 5-year returns.

Benefits of Investing in Renewable Energy Stocks in India

The top renewable energy stocks in India offer various advantages to investors. Some of them are listed below:

• Long-Term Growth Prospects

As consumers begin prioritising renewable energy transition in India, more companies are likely to commit to this long-term sustainability trend. This indicates a massive growth opportunity in the field of renewable energy stocks in India, enabling investors to anticipate high returns from their investments.

• Support from Government Policies

The government is actively promoting the renewable energy transition in India by providing loans at lower interest rates, making grants available to renewable energy companies, and providing tax incentives. These provisions for government-backed energy stocks reduce the costs incurred, expand operations, and secure long-term contracts. Such government policies significantly contribute to the overall growth of the market share of Indian renewable energy stocks.

• Portfolio Diversification

The top renewable energy stocks in India are anticipated to have a strong financial sounding in the long term. These environmentally-sustainable companies with good financial performance provide a layer of safety to the investors. Since these are driven by the primary goal of innovative and eco-friendly practices, the consistent performance mitigates the risk of an uncertain future. Thus, they are a solid portfolio diversification strategy.

• Favourable Consumer Sentiment

With a rise in ESG practices, more consumers are moving towards sustainable choices. Indian renewable energy stocks in this industry are considered ethically-aligned, gaining more public traction. This enables a strong brand loyalty, encouraging investors to invest with greater confidence.

• Impact-driven Investing

Most investors prefer investing to gain financial returns while contributing to the environment. Knowing that their investments are facilitating sustainable growth gives an ethical satisfaction to investors. This is because while profit maximisation is essential, impact-driven investing plays a significant role in a sustainable future.

Also Read: Best Energy Stocks in India 2024

Best Performing Renewable Energy Stocks With 5-Year CAGR

Explore the best renewable energy stocks 2025 with a 5-year CAGR. 

How to Evaluate Renewable Energy Stocks?

Before investing in long-term energy stocks in India, it is vital to assess relevant factors for a better evaluation of these stocks driving the energy transition in India. Some of these are:

• Understand the Company’s Business Model

Researching well about the renewable energy stocks’ company fundamentals including the business model, sources of its revenue, debt levels, etc. is extremely crucial. Ensuring that these fundamentals align with your investment goals can help in making well-informed and rational decisions. 

• Analyse Financial Performance

It is imperative to evaluate the core financial health of the company including factors like profit growth, cash flows, and other relevant financial ratios. A sound financial position helps investors gain confidence in the safety of their investments in the best renewable energy stocks 2025.

• Consider Future Growth Potential

Factor in the company’s future expansion plans, partnerships as well as investments made in the research and development teams. This ensures that the company is making efforts to incorporate innovations, preparing it to stay up to date with advancements made by competitors.

• Prioritise Capability to Adapt

The renewable energy stocks industry is becoming more competitive. In order to survive in such a dynamic sector, it is vital for companies to develop a capacity to adapt and pivot whenever the industry demands so. This ensures a loyal customer base and a strong market reputation.

• Geographical Positioning

The top renewable energy stocks in India are more likely to succeed when they are operating in regions with favourable policies and a solid availability of renewable sources of energy. 

Also Read: Green Energy Penny Stocks

Risks Associated With Renewable Energy Stocks

While Indian renewable energy stocks offer a massive growth potential, investors should also consider the risks associated with them. Some common risks include:

• High Market Volatility

Renewable energy stocks from smaller or younger companies might face high market volatility. This is because companies in their nascent stages are highly susceptible to market news or minor shifts in public sentiment. Due to this uncertainty, conservative investors might refrain from investing in renewable energy stocks.

• Reliance on Government Policies

Companies with some of the best renewable energy stocks are heavily reliant on support provided by the government. This includes tax incentives, grants, subsidies and many other favourable policies. However, any change in these government policies could significantly impact the companies operating in the renewable energy transition in India. 

• Huge Capital Requirement

Setting up the required infrastructure for companies with long-term energy stocks is extremely capital-intensive. Along with such immense capital requirements, these projects also demand a longer time frame to build the infrastructure. Smaller companies with lower capital availability might struggle to raise funds. Moreover, the companies that are investing this capital for infrastructural development might take years to become profitable. 

• Changes in Technology

Renewable energy stocks in India belong to an innovation-driven industry. The energy transition Indian market is consistently evolving with newer and more efficient technologies. The adoption of these new technologies imposes a risk for the older ones becoming obsolete. 

• Competition

Young companies with smaller market share might face intense competition from already established rivals. With years of expertise in the market, large-cap companies have an edge over emerging companies. Hence, it can be difficult for companies with renewable energy stocks to compete with giant global players.

Conclusion

The future of renewable energy stocks is not just a temporary trend, but a crucial indicator of a sustainably secured future of the energy sector in India. With rising awareness among consumers, the best renewable energy stocks in India are anticipated to be profitable in the long run. However, it is advisable to be mindful in the evaluation and consideration of risks associated. 

Fuel your investment portfolio with renewables with Univest. Download the app now!

FAQs on Renewable Energy Stocks

1. Which renewable energy stock is the best?

Ans. Best renewable energy stocks in India:

• Borosil Renewables (Market Cap: 6,248 cr)
• Reliance Industries (Market Cap: 16,50,002 cr)
• Waaree Renewable Tech (Market Cap: 9,212 cr)
• Olectra Greentech (Market Cap: 9,474 cr)

2. What are the top 3 energy stocks?

3. What are the best renewable energy stocks?

4. Is it safe to invest in renewable energy stocks?

Ans. Yes, it is safe to invest in the best renewable energy stocks in India. However, it is advisable to gather proper knowledge and develop a strategic risk-management plan to ensure maximum profits. 

5. How to choose renewable energy stocks?

Ans. Some of the top renewable energy stocks in India can be chosen after considering important factors like company fundamentals, future prospects, competitive position, government policies, geographical standing, and other relevant details.

Disclaimer: The above stocks are for general information and education purposes only. The Securities quoted (if any) are for illustration only and are not recommendatory. Past performance does not guarantee any future returns. Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Read Our Articles on the Best Stocks

Top Renewable Energy Stocks in India 2024

Best Solar Energy Stocks in India 2025

Best Cement Stocks To Invest in India

Top Multibagger Penny Stocks For 2025 |  Potential Picks

Fundamentally Strong Stocks on NSE in 2025

Debt-Free Penny Stocks in India 2025

Best Realty Stocks In India 2025

Debt Free Penny Stocks Below 1 Rupee

Also Explore

Explore Current and Previous IPOs

Univest Screeners

Explore Webstories on Univest 

1. Best Time To Buy Dividend Stocks

2. How RBI Policies Affect Dividend Stocks

3. Can Dividend Stocks Beat Inflation

4. What Is The Dividend Aristocrat List

5. Which Indian Psus Offer The Best Dividends

6. Large Cap Vs Small Cap Dividend Stocks