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Home » Top 10 Energy Storage Companies in India Leading the Renewable Sector
Renewable Energy

Top 10 Energy Storage Companies in India Leading the Renewable Sector

AlmasBy AlmasMarch 31, 2025Updated:June 18, 2025No Comments4 Mins Read
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India is rapidly adopting renewable energy, and energy storage solutions are playing a crucial role in ensuring efficiency and reliability. Here’s a list of the top 10 energy storage companies in India, featuring Loom Solar as the leading player.

Table of Contents

Toggle
  • #01. Loom Solar
  • #02. Exide Industries
  • #03. Amara Raja Batteries
  • #04. Ampere Hour Energy
  • #05. Luminous Power Technologies
  • #06. Rays Power Infra
  • #07. Statcon Energiaa
  • #08. Vyomaa Energy
  • #09. Adiabatic Technologies
  • #10. Nunam
  • Conclusion

#01. Loom Solar

  • Headquarters: Faridabad, Haryana
  • Established: 2018
  • Specialization: Solar panels, lithium batteries, inverters

Loom Solar is one of India’s fastest-growing solar energy companies, providing high-quality solar solutions, including advanced lithium batteries essential for energy storage. The company has powered over 50,000 homes in India and continues to innovate with its high-efficiency solar panels and storage solutions. Loom Solar’s lithium battery technology ensures long backup and high performance, making it an excellent choice for residential and commercial users. They also provide off-grid and hybrid solar solutions.

#02. Exide Industries

  • Headquarters: Kolkata, West Bengal
  • Established: 1947
  • Specialization: Lead-acid batteries, industrial energy solutions

Exide is one of India’s oldest and most trusted energy storage companies. It manufactures a wide range of lead-acid batteries for automotive, industrial, and renewable energy applications. The company has a strong market presence and an extensive distribution network. Exide is also investing in lithium-ion battery technology to stay ahead in the evolving energy storage industry.

#03. Amara Raja Batteries

  • Headquarters: Tirupati, Andhra Pradesh
  • Established: 1985
  • Specialization: Lithium-ion and lead-acid batteries

Known for its high-performance batteries under the ‘Amaron’ brand, Amara Raja has expanded into lithium-ion battery manufacturing, making it a significant player in India’s energy storage market. It provides solutions for telecom, industrial, and renewable energy sectors. The company is also working on developing lithium-ion battery giga-factories to boost India’s energy storage infrastructure.

#04. Ampere Hour Energy

  • Headquarters: Pune, Maharashtra
  • Established: 2017
  • Specialization: Lithium-ion battery packs, energy storage systems

Ampere Hour Energy focuses on advanced lithium-ion battery solutions for renewable energy, electric vehicles, and industrial applications. The company provides high-performance battery management systems (BMS) to enhance battery efficiency and longevity. They also offer customized energy storage solutions for businesses looking for sustainable power backup options.

#05. Luminous Power Technologies

  • Headquarters: Gurgaon, Haryana
  • Established: 1988
  • Specialization: Inverters, batteries, solar solutions

Luminous is a household name in India’s power backup sector. It offers a wide range of energy storage solutions, including solar-compatible battery backup systems, home inverters, and industrial UPS solutions. Best Solar Battery solutions from Luminous are gaining popularity due to their efficiency and long lifespan. Luminous is known for its high-efficiency power solutions and is expanding its range to include lithium-ion-based energy storage systems. including solar-compatible battery backup systems, home inverters, and industrial UPS solutions. Luminous is known for its high-efficiency power solutions and is expanding its range to include lithium-ion-based energy storage systems.

#06. Rays Power Infra

  • Headquarters: Jaipur, Rajasthan
  • Established: 2011
  • Specialization: Solar power projects, energy storage integration

Rays Power Infra is a leading solar EPC (Engineering, Procurement, and Construction) company, integrating energy storage solutions into large-scale solar projects. The company specializes in utility-scale solar farms and provides customized energy storage solutions to optimize solar energy usage.

#07. Statcon Energiaa

  • Headquarters: Noida, Uttar Pradesh
  • Established: 1991
  • Specialization: Power electronics, energy storage for railways and defense

Statcon Energiaa provides power backup and energy storage solutions for critical applications such as railways, defense, and renewable energy integration. The company’s expertise in power electronics ensures high-performance solutions for mission-critical industries.

#08. Vyomaa Energy

  • Headquarters: Andhra Pradesh
  • Established: 2015
  • Specialization: Lithium-ion battery packs, EV battery solutions

Vyomaa Energy focuses on advanced lithium battery solutions for electric vehicles and renewable energy storage. The company designs and manufactures high-efficiency battery packs for e-mobility, industrial applications, and solar storage solutions.

#09. Adiabatic Technologies

  • Headquarters: Bengaluru, Karnataka
  • Established: 2022
  • Specialization: Thermal management for batteries

Adiabatic Technologies specializes in improving battery performance and lifespan with advanced thermal management solutions. Their technology enhances the efficiency of lithium-ion batteries used in renewable energy storage and electric vehicles. The company’s innovative cooling solutions help prevent battery overheating, improving safety and durability.

#10. Nunam

  • Headquarters: Bengaluru, Karnataka
  • Established: 2018
  • Specialization: Second-life lithium-ion batteries

Nunam repurposes used lithium-ion batteries for sustainable energy storage applications, reducing e-waste and improving energy access. The company focuses on extending the life cycle of batteries from electric vehicles and reusing them in solar energy storage and other power backup applications.

Conclusion

Energy storage is crucial for India’s renewable energy transition. Companies like Loom Solar, Exide, and Amara Raja are leading the way with innovative solutions that enhance energy efficiency. As India moves towards a greener future, these companies will play a significant role in making renewable energy more reliable and accessible. With advancements in lithium-ion technology, battery management systems, and second-life applications, the energy storage sector in India is set for rapid growth.

Read More: China to Build World’s Largest Hydropower Dam on Brahmaputra River in Tibet

 

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Currently pursuing a PhD at the Energy Institute in Bengaluru, Mrs. Almas is actively engaged in cutting-edge research and development in the field of energy and power systems. Her contributions are expected to have a significant impact on the future of sustainable energy solutions.

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