The renewable energy sector in India is heating up — and fast. With a government push toward clean energy and ambitious net-zero targets, the stage is set for explosive growth in green power. If you’re thinking about green investing, 2025 might just be your golden year.
But where should you put your money? Enter the renewable energy stocks in India, which are fast becoming investor favorites. These companies aren’t just riding the green wave — they’re leading it.
In this article, we’ll break down the top 6 renewable energy stocks that could give you solid returns and help the planet. A win-win, right?
Why Invest in Renewable Energy Stocks in India?
India is targeting 500 GW of non-fossil energy capacity by 2030. That’s a massive opportunity — not just for the country, but for investors too.
Rising Government Support
With schemes like the PLI (Production Linked Incentive) and solar park programs, the Indian government is offering direct incentives and subsidies to renewable companies.
Climate Goals and Net-Zero Targets
India has committed to achieving net-zero emissions by 2070. That means big investments in solar, wind, hydro, and green hydrogen.
Increasing Power Demand
As India’s economy grows, so does its electricity need. The clean energy sector is expected to fulfill a major chunk of this new demand.
Attractive Returns and ESG Focus
More investors are leaning towards ESG (Environmental, Social, Governance)-compliant stocks. Green energy companies typically score high here.
Sectoral Shift Towards Sustainability
From power generation to EVs and storage, the entire energy landscape is shifting. Betting on renewables now means staying ahead.
Top Renewable Energy Stocks in India
1. Tata Power – A Diversified Green Energy Giant
Company Overview
Tata Power is one of India’s oldest and most trusted energy brands. But today, it’s also among the most aggressive when it comes to clean energy.
Key Green Projects and Future Plans
The company aims to have 80% of its generation from renewables by 2030. Rooftop solar, EV charging, battery storage — you name it, Tata Power is in it.
Stock Performance and Forecast
With consistent growth, government contracts, and sustainability-driven innovation, analysts remain bullish on Tata Power’s stock.
Why Investors Should Watch Tata Power
It’s not just about green energy — it’s about being a market leader across clean verticals. That makes Tata Power a low-risk, high-reward bet.
2. Adani Green Energy – Aggressively Expanding Solar & Wind
India’s Largest Renewable Company
With over 8 GW of operational capacity and a pipeline of 20+ GW, Adani Green is India’s largest renewable player.
Recent Capacity Additions
The company has added large-scale hybrid projects and signed several PPAs (Power Purchase Agreements) with SECI.
Sustainability Commitments
Adani Green is targeting 45 GW by 2030, contributing significantly to India’s energy targets.
Risk Factors and Growth Potential
Despite concerns over corporate governance in the Adani Group, Adani Green’s focused renewable business continues to grow fast.
3. Suzlon Energy – Wind Energy Pioneer with a Comeback Story
Legacy in Wind Turbines
Once the global leader in wind turbines, Suzlon had a rough patch but is now back with renewed focus and reduced debt.
Debt Reduction and Turnaround Strategy
The company has trimmed debt, improved its order book, and is now profitable again.
Potential in India’s Wind Market
As India pushes offshore and hybrid wind-solar projects, Suzlon is well-positioned for a wind-powered revival.
Investment Outlook
A high-risk, high-reward pick for bold investors looking at turnaround stories in clean energy.
4. Borosil Renewables – India’s Only Solar Glass Manufacturer
Unique Market Position
This one’s different — Borosil isn’t a solar energy producer. It makes the glass that goes into solar panels.
Capacity Expansion Plans
With plans to triple capacity by 2025, Borosil is tapping both domestic and export markets.
Green Energy Supply Chain Role
As India’s solar capacity grows, so does the need for domestic components. Borosil has first-mover advantage here.
Performance and Stock Analysis
A niche play with high growth potential and strong fundamentals.
5. NTPC Green Energy – State-Backed Renewable Arm
Transition from Coal to Clean
NTPC, India’s largest power utility, is now pivoting aggressively to green with its subsidiary, NTPC Green Energy.
Solar, Hydrogen, and Storage Projects
Massive solar parks, pilot hydrogen projects, and pumped storage are already in progress.
IPO Plans and Investor Sentiment
NTPC Green is expected to go public soon, making it an exciting new opportunity for investors.
Strategic Advantage as PSU
Being government-backed ensures funding and execution support, a major plus in infrastructure-heavy sectors.
6. Waaree Energies – Solar Panel Manufacturer on the Rise
Market Share and Export Growth
Waaree is one of India’s largest solar PV module producers and a key supplier for large utility-scale projects.
Expansion in Module Production
The company plans to double its manufacturing capacity by 2025.
Role in Rooftop and Utility Solar
Strong presence across residential, commercial, and utility segments makes it a balanced bet.
Upcoming IPO and Future Outlook
The anticipated IPO could unlock huge value and bring it into the mainstream investment circle.
How to Choose the Right Renewable Energy Stock?
Investing in green stocks needs more than just following trends. Look for:
- A strong business model
- Future-ready tech
- ESG credibility
- Transparent governance
Risks of Investing in Green Energy Stocks
- Regulatory or policy shifts
- Global commodity price fluctuations
- Execution delays in large-scale projects
- Overvaluation in the market due to hype
Future Outlook: Renewable Sector Beyond 2025
Hydrogen, battery storage, EV infrastructure, and grid modernization are the next frontiers. India is committed to becoming a global renewable powerhouse — and investors stand to gain.
Conclusion
Green investing is no longer just about doing good — it’s also about making smart, sustainable profits. If you’re eyeing long-term wealth and impact, these top 6 renewable energy stocks in India could be your starting point in 2025.
FAQs
- Are renewable energy stocks safe to invest in India?
Yes, especially those backed by strong fundamentals, long-term PPAs, and government support. - Which renewable stock is best for long-term investment?
Tata Power and Adani Green offer robust long-term growth backed by scale and diversification. - What is the future of green energy in India?
Bright! India plans to add 280 GW of solar and 140 GW of wind by 2030. - Is it the right time to buy renewable energy stocks?
With 2025 around the corner and clean energy booming, now is a great time to start building your portfolio. - How do I start investing in these stocks?
Use any stock trading platform or consult your financial advisor. Start small and build gradually.
Read More: 10 Solar Business Ideas in India That Can Make You Profit in 2025
