Best Green Energy Stocks: Top Renewable Energy Shares with Live Prices (2025)

The green energy sector is rapidly expanding worldwide, especially in India. India aims to generate half its electricity from non-fossil fuel sources by 2030 and achieve ‘net zero’ emissions by 2070. Green Growth was based on the Prime Minister’s vision of LiFE or Life for Environment. This goal has spurred significant growth in the Indian renewable energy market, with over 15 Indian renewable energy stocks surging over 100% in the past year alone.
Many green energy companies in India are embracing clean energy initiatives to support these objectives. In this article, we’ll explore the leading green energy stocks in India, the top 10 renewable energy companies in India, their benefits and risks and key considerations for investors.

Best Green Energy Stocks in India (2025)

Here is a green energy sector stocks list featuring some of the best renewable energy companies in India:

Disclaimer: Please note that the above table is for educational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.

Selection criteria: Companies that are associated with the green / renewable energy sector in India, based on publicly available information.

🚀 Pro Tip: You can use Tickertape’s Stock Screener to research and evaluate stocks with over 200+ filters and parameters.

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Top 5 Green Energy Stocks (India): An Overview

Here is a brief overview of the top 5 green energy stocks in India from our green energy stocks list with price. This includes some of the best solar energy stocks in India and other renewable energy shares.

KPI Green Energy Ltd

KPI Green Energy is an Indian renewable energy company specialising in solar power generation. It develops, operates, and maintains solar power projects for both captive power consumption and independent power producers, contributing to India’s clean energy transition. This makes it a strong contender among the best solar energy stocks in India.

JSW Energy Ltd

A leading Indian power company, JSW Energy operates thermal, hydro, and renewable energy plants. It focuses on sustainable energy solutions, with significant investments in wind and solar power, supporting India’s energy security and decarbonisation goals.

Energy Development Company Ltd

This company is engaged in power generation through renewable energy sources, primarily hydroelectric projects. It develops, owns, and operates small and medium-sized hydroelectric plants, promoting clean energy solutions in India. As one of the top 10 renewable energy companies in India, this firm consistently demonstrates financial stability.

Adani Green Energy Ltd

A major player in India’s renewable energy sector, Adani Green Energy develops and operates large-scale solar and wind power projects. It is committed to achieving India’s ambitious renewable energy targets with its extensive green power portfolio. It remains a notable stock in the green energy share list 

WAA Solar Ltd

WAA Solar focuses on solar power generation, developing grid-connected photovoltaic (PV) projects. It plays a crucial role in India’s shift toward renewable energy by supplying clean electricity through its solar infrastructure. WAA Solar Ltd is one of the leaders among the best solar energy stocks in India.

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smallcase Green Energy Portfolios

smallcase offers readymade portfolios based on the green or renewable energy sector, that are created and managed by SEBI-registered investmnet experts. Through these portfolios, investors can analyse green energy business practices, assess initiatives for clean energy in India, and evaluate green and clean energy solutions. Additionally, they can consider emerging sectors like wind power stocks and green fuel stocks in India. Investors can also consider their environmental, social, and governance (ESG) performance to make an informed decision on top renewable energy companies in India.

Here are two popular smallcase green energy portfolios:

• Green Energy smallcase: This smallcase managed by Niveshaay comprises green energy stocks poised to benefit from the shift from fossil fuels to renewable energy sources, which will drive growth in power generation and related sectors. It includes companies involved in grid infrastructure modernisation and distribution network improvements alongside those profiting from electric mobility and recycling.

Green Energy smallcase by Niveshaay

• Electric Mobility smallcase: This smallcase, managed by Windmill Capital, comprises companies investing in the electric vehicle ecosystem and is expected to grow with the increased adoption of EVs.

Electric Mobility smallcase by Windmill Capital

• Disclosures for Green Energy smallcase
• Disclosures for Electric Mobility smallcase

What is Green Energy Stock in India?

Green energy stocks represent companies developing alternative technologies using renewable resources like sunlight, wind, heat, low-impact hydroelectric sources, and certain forms of biomass. The top renewable energy companies in India aim to minimise pollution and carbon emissions while reducing reliance on fossil fuels. Investing in green energy stocks in India aligns with the global push towards green energy. It is also a viable opportunity for investors looking to be part of the expanding green energy business and energy transition in India.

Update: Union Budget 2025-26 Allocations for the Green Energy Sector

In the Union Budget 2025–26, Finance Minister Nirmala Sitharaman substantially reinforced India’s commitment to clean energy by raising the allocation for new and renewable energy by ₹

9,251 cr. to ₹ 26,549 cr., reflecting a decisive push to reduce dependence on fossil fuels and strengthen the transition to low-carbon growth. The following section provides a concise overview of the budget’s key allocations and initiatives aimed at accelerating India’s green energy shift.

• The Ministry of New and Renewable Energy (MNRE) budget estimate for 2025-26  stands at ₹ 25,649 cr., reflecting a 39% increase compared to last year’s initial estimate of ₹ 19,100 cr.
• Rooftop solar adoption under PM Surya Ghar received a major boost in the Union Budget 2025-26 with ₹ 20,000 cr. allocated—an 80% jump from the revised estimate of ₹ 11,100 cr. in 2024-25. The scheme aims to provide up to 300 units of free electricity monthly to lower- and middle-income households while subsidising rooftop solar installations.
• For evacuating renewable power to the national grid, ₹ 600 cr. has been set aside for Green Energy Corridors (GECs) in 2025-26—matching the 2025-25 revised estimate (RE). 
• The PM-KUSUM scheme has been allocated ₹ 2,600 cr. for 2025-26, up from ₹ 2,525 cr. in 2024-25 (RE). This initiative is among the world’s largest programs to solarise agriculture pumps, directly benefiting over 35 lakh farmers by reducing diesel dependence and lowering operational costs. 
• The National Green Hydrogen Mission sees its budget doubled to ₹ 600 cr. in Union Budget 2025-26, against ₹ 300 cr. (RE) in 2024-25. Targeting an annual production of 5 million metric tons by 2030, this mission seeks to transform India into a major global producer and exporter of green hydrogen.

Types of Green Energy Stocks

Although there are many Indian green energy companies in India NSE, we have categorised some direct green energy stocks that are listed below:

• Clean Energy Stocks: Some of the best clean energy stocks represent companies producing and providing renewable energy generation sources like solar, wind, hydro, geothermal, and bioenergy. They are among the best green energy stocks in India, and they include renewable energy penny stocks.
• Solar Energy Stocks India: The top solar stocks in India include companies involved in renewable energy that produce solar panels and provide installation services for residential and commercial projects. The list of solar energy shares in India includes some of the best energy stocks in India. 
• Wind Energy Stocks in India: The best solar stocks in India are sometimes composed of wind energy stocks in India and renewable energy companies. These companies produce wind turbines and provide installation services for onshore and offshore wind farms.
• Hydro Energy Stocks: Some of the best hydroelectric stocks in India include companies that operate hydroelectric power stations that leverage water flow to generate electricity, contributing to clean energy in India.
• Geothermal Energy Stocks: Green energy companies in India NSE also develop geothermal power plants that can generate electricity by harnessing the earth’s natural heat.
• Bioenergy: Any green energy company in India that produces biofuels like ethanol and biodiesel and operates biomass power plants. These alternative energy companies are significant in the green and clean energy sector.

Features of Green Energy Stocks in India

Here are a few key features of green energy stocks in India:

Commitment to Environmental Responsibility

Companies from the green energy stock list in India predominantly represent those that are deeply committed to environmental responsibility. These green energy companies in India firms prioritise renewable energy sources such as solar, wind, and hydropower. This commitment makes the top green energy stocks in India highly appealing to investors seeking eco-conscious investments.

Resilience to Economic Fluctuations

A notable feature of top renewable energy companies in India is their resilience to inevitable economic fluctuations. The increasing global emphasis on sustainable practices drives this resilience. For instance, the growth in solar energy related stocks highlights the steady demand for renewable energy solutions. As the world pivots towards cleaner energy alternatives, investments in the top renewable energy stocks in India offer good stability.

Government Support and Initiatives

Policies favouring clean energy companies play a pivotal role in enhancing the growth of green energy stocks in India. The regulatory backing creates a favourable environment for investors looking to participate in the list of renewable energy stocks in India, particularly in areas like solar related stocks in India. Government incentives for solar energy shares in India further add to their appeal.

Innovation and Technological Advancements

Companies on the green energy stock list are engaged in research and development of cutting-edge technologies for renewable energy solution. This includes advancements in the manufacturing of solar panels, which positions solar panel shares for substantial market gains. 

Consideration of Regulatory Landscape

Individuals investing in renewable energy stocks in India must be vigilant about the regulatory landscape. The sector is subject to policy changes and government interventions that can significantly impact the performance of these green renewable energy stocks in India.

Why Switch to Green Energy?

By adopting clean and renewable energy sources such as solar, wind, and hydropower, we can significantly reduce our carbon footprint and mitigate the effects of climate change. Investing in renewable energy stocks in India, particularly the best green energy stocks in India, can be better for our environment. With the growth of solar energy-related stocks and solar panel shares, this sector presents a viable investment opportunity.

Therefore, by switching to green energy, we can create a brighter and more sustainable energy future for ourselves and future generations. As the list of renewable energy companies in India is endless, investors can conduct thorough research and consider their risk tolerance before making any investment in the best green energy stocks in India.

Green Energy vs Renewable Energy

Green energy refers to renewable energy sources that produce minimal pollution. While people often use “green energy” and “renewable energy” interchangeably, there’s a crucial distinction. While all green energy sources are renewable, not all renewable sources are entirely green. For instance, solar power is both green and renewable, while burning wood is renewable but not green, as it contributes to air pollution. Green energy is a subset of renewable energy, and it plays a crucial role in the clean energy stocks in India.

How to Identify Green and Renewable Energy Investments?

Identifying truly sustainable energy companies requires a thorough understanding of the company, its operations, and its environmental impact. Here are some steps to follow when evaluating new energy stocks:

• Focus on Renewable Energy Sources: Research companies that derive a significant portion of their revenue from renewable energy sources such as solar, wind, hydroelectric, or geothermal power. They can be found in the top 10 renewable energy stocks in India or even the top 20 renewable energy stocks.
• Carbon Footprint: New energy companies prioritising reducing greenhouse gas emissions through energy efficiency measures or carbon offset programs demonstrate a commitment to environmental responsibility. This is crucial when evaluating solar energy stocks list or any other solar related stocks.
• Regulatory Compliance: Companies following strict environmental laws are less likely to face legal and financial repercussions in the future. This is particularly important for green energy sector stocks in India, including Indian solar stocks, where government policies can significantly impact a company’s performance.
• Track Record of Innovation: Companies that invest in research and development to improve energy efficiency or develop new renewable energy solutions are better positioned for long-term growth. Many of these companies are listed among the top 10 renewable energy stocks in India, especially those specialising in solar power stocks.
• Industry Leadership and Partnerships: Collaboration with other green energy firms, government agencies, or research institutions can accelerate innovation and market penetration. 

Why Invest in Green Energy Stocks?

Global energy demand is on a steady upward trajectory, projected to surge by almost 50% by 2050, fueled by emerging economies and developing nations. Simultaneously, scientists warn of escalating temperatures attributed to greenhouse gasses like carbon dioxide. The looming rise of over two degrees Celsius prompts nations to explore alternatives to fossil fuels, creating a market niche for investors keen on green energy opportunities. This section is for informational purposes only, and not a recommendation.

How to Invest in the Top Green Energy Stocks in India?

The following approach can be adapted when considering investments in the renewable energy sector, including the best energy stocks in India.

• Research Green Energy Stocks: Investigate the top 10 renewable energy stocks in India or even the top 20 renewable energy stocks to understand their market positions. These lists can provide insight into the leaders in the renewable energy sector stocks.
• Evaluate Stock Prices and Analytics: Review the list of green energy shares based on their 5-year average return on investment and their prices to gauge market valuations.
• Select Stock Types: Choose clean energy stocks based on your investment goals and risk tolerance. The best green hydrogen stocks in India typically range from mid-cap to high-cap, with varying returns and risks.
• Analyse Financial Health and Position: Examine financial reports, market performance, and growth prospects of your chosen green energy firms. This analysis will help you understand their stability and future potential.
• Use Advanced Tools: Leverage tools like the Tickertape Stock Screener to create a personalised ‘Custom Universe’ for renewable energy stocks. The Tickertape Stock Screener has over 200 filters. Investors may refine their criteria and build a focused list for insightful analysis, targeting the best solar panel stocks in India.

These steps provide a structured approach to identifying promising green energy stocks. It makes it easier to understand and engage with this market.

Risks of Investing in Green Energy Stocks

Here are a few risks of investing in green power stocks in India, including renewable energy shares and wind power stocks:

• Heavy Reliance on Thermal Energy: India’s predominant reliance on thermal energy is rooted in the widespread availability and cost-effectiveness of fossil fuels. The transition to alternative energy sources is a gradual process, challenging the possibility of an immediate shift.
• Renewable Energy Production and Distribution Challenges: Beyond renewable energy shares, challenges extend to the maintenance, distribution, and storage of these green shares’ resources. Green sources are constrained by their intermittent nature, which affects even the best power stocks in India.
• Demand-Supply Gap and Peak Energy Requirements: Addressing the demand-supply gap proves challenging, especially considering India’s higher energy requirements in the evening. This imbalance affects even the best renewable energy stock in India.
• Intermittency of Renewable Sources and Seasonal Variations: Solar and wind energy availability is subject to natural conditions, with sunlight limited to daytime and wind patterns influenced by geography and climate. This can be a risk factor for even the best renewable energy company in India.
• Cost Inefficiencies in Green Energy Solutions for Storage: While efficient energy storage, mainly through batteries, could be a solution, the current cost-effectiveness of this method remains a barrier. 

Benefits of Investing in Green Energy Stocks

Investing in clean energy stocks in India can be a smart and exciting way to help the environment while potentially earning a profit.

• Growing Industry: The clean energy industry or wind energy stocks are rapidly increasing. Thus, investing in it can result in high returns. Many of these alternative energy stocks are featured in the green energy share list with price, making it easier for investors to evaluate their potential.
• Sustainable: Clean energy sources will continue to generate power in upcoming years, increasing the demand for solar power company in India shares. Sustainable energy stocks are expected to grow with rising global demand.
• Reduced Carbon Footprint: Clean energy helps reduce carbon emissions, which is good for the planet. Investing in Indian renewable energy stocks, including wind power stocks, contributes to a greener future. 
• Green Job Creation: The clean energy industry creates new job opportunities, contributing to economic growth. Many of these arise from companies included in the green energy share list or major renewable energy shares in India.
• Diversification: Investing in these stocks diversifies your renewable energy portfolio, reducing risks and increasing returns. This provides a more balanced approach to investment in green energy.
• Positive Impact: By investing in clean energy stocks, you support Indian green energy companies, including solar energy companies on the NSE, that positively impact the environment and society.

Who Should Explore Renewable Energy Stocks in India?

Investing in clean and renewable energy stocks in India for those passionate about the environment, sustainability, and reducing carbon emissions. Above all, these green energy penny stocks in India offer an opportunity to explore companies prioritising eco-friendly practices and renewable technology. 

Investors must research and/or consult their financial advisors on the green energy stocks price listed in the green energy stocks list before investing in any stock. 

Factors to Consider Before Investing in Green Energy Stocks

• Government Policies: Investors can analyse the impact of government policies, incentives, and subsidies on the growth of the best green energy stocks in India. Such policies can significantly affect the performance of green energy stocks NSE and other exchanges.
• Innovation: This is particularly important when evaluating top green energy companies in India, which often lead the way in technological advancements within the green energy sector.
• Competition: Evaluate the competition and market trends in the green energy industry, including wind energy stocks in India and green fuel stocks. Investing in companies with a competitive advantage may provide better returns, especially those in the top green energy stocks in India.
• ESG Performance: While looking at the best renewable energy stocks in India, consider the company’s environmental, social, and governance (ESG) performance. This is a strong indicator of long-term sustainability. 
• Risk: Investors can assess the risks associated with investing in top energy stocks in India, including regulatory and potential technology risks. This assessment is crucial when considering the green energy stocks list, where market dynamics can rapidly shift.
• Long-Term Perspective: Investing in the best renewable energy stocks in India requires a long-term perspective, as the industry is still evolving. Including green energy penny stocks in India can be part of a diversified approach that balances risk and growth potential.

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To Wrap It Up…

To conclude, India’s green energy and renewable stocks industry is a growing sector with immense potential. However, you don’t have to choose individual companies to invest in India’s green energy and renewable stocks. Nonetheless, at smallcase, we have a basket of the best-performing companies created by professionals and backed by tons of research. You can easily invest in green energy stocks in India from the best renewable energy stocks listed on the smallcase app or website. So, go green with smallcase today!

Frequently Asked Questions About Green Energy Stocks

Stocks Under Budget

If you are looking for stocks under a particular price range, here’s the collection of stocks under a specifc budget:

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