Major investors in Indian solar projects

India has become a hotbed for solar investments over the past few years, with several domestic and international investors eyeing the country’s vast renewable energy potential. In this blog article, we will explore five major investors in the Indian solar market and their investment strategies.

1. Adani Group

Adani Group is one of the largest renewable energy players in India and has a significant presence in the solar market. The company has set a target of 25 GW of renewable energy capacity by 2025 and has already invested heavily in solar projects across the country. Adani’s investment strategy is focused on acquiring and developing large-scale solar projects, both through organic growth and acquisitions. The company has also been aggressively bidding for solar projects in government auctions and has secured several contracts in recent years.

2. SoftBank Group

SoftBank Group is a Japanese conglomerate with significant investments in the Indian solar market. The company has invested in several large-scale solar projects in the country, including a joint venture with Bharti Enterprises and Taiwan’s Foxconn Technology Group to build a $20 billion solar project in the state of Andhra Pradesh. SoftBank’s investment strategy is focused on acquiring and developing large-scale solar projects and has also been investing in energy storage solutions.

3. Goldman Sachs

Goldman Sachs is a leading global investment bank with a significant presence in the Indian solar market. The company has invested in several solar projects across the country, including a 250 MW solar project in the state of Andhra Pradesh. Goldman Sachs’ investment strategy in the Indian solar market is focused on acquiring and developing large-scale solar projects and has also been investing in energy storage solutions.

4. Brookfield Asset Management

Brookfield Asset Management is a Canadian alternative asset manager with significant investments in the Indian solar market. The company has invested in several solar projects across the country, including a 450 MW solar project in the state of Rajasthan. Brookfield’s investment strategy in the Indian solar market is focused on acquiring and developing large-scale solar projects and has also been investing in energy storage solutions.

5. Actis

Actis is a UK-based private equity firm with a significant presence in the Indian solar market. The company has invested in several solar projects across the country, including a 250 MW solar project in the state of Andhra Pradesh. Actis’ investment strategy in the Indian solar market is focused on acquiring and developing mid-sized solar projects and has also been investing in energy storage solutions.

Table summarizing major investors in Indian solar market: