What are Solar Energy Stocks?

Solar energy stocks represent shares of companies involved in the solar power sector. These companies engage in activities such as manufacturing solar panels, developing solar power projects, providing installation services, and supplying related components. Investing in these stocks allows investors to participate in the growth of renewable energy, particularly solar power, which is a key focus in India's transition to sustainable energy sources.

How to invest in Solar Energy Stocks?

Here’s how you can invest in Solar Energy Stocks - Go to the Tickertape Stock Screener Click on 'Solar Energy Stocks'. Analyse and sort the Solar Energy Stocks using over 200+ filters—including valuation ratios, financials, technical indicators, and more—based on your investment thesis. Review the filtered list, and identify stocks that best align with your risk appetite, return expectations, and investment goals. Once you've shortlisted the stocks, click ‘Place Order’ to invest in your preferred Solar Energy Stocks. Disclaimer: Please do your own research or consult your financial advisor before investing.

What are some of the top Solar energy stocks companies listed on NSE?

Top NSE-listed Solar Energy Stocks in India include: Adani Green Energy Ltd CESC Ltd JSW Energy Ltd K.P. Energy Ltd NHPC Ltd Disclaimer: Please note that the above list is for educational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing.

What are the factors affecting Solar energy stocks prices?

Several factors influence the stock prices of solar energy companies in India: Government Policies and Incentives: Subsidies, tax benefits, and favourable policies can boost the profitability of solar companies. Technological Advancements: Innovations in solar technology can lead to cost reductions and efficiency improvements. Global Supply Chain Dynamics: Availability and prices of raw materials like silicon can impact manufacturing costs. Competition from Traditional Energy Sources: Fluctuations in fossil fuel prices can affect the competitiveness of solar energy. Economic Conditions: Macroeconomic factors, including interest rates and inflation, can influence investment in the renewable sector.

What is the future projection of Solar energy stocks?

In FY 2024–25, the country added a record 23.83 GW of solar capacity, bringing the total installed solar capacity to 105.65 GW. The government aims to achieve 500 GW of non-fossil fuel energy capacity by 2030, with solar energy expected to contribute a substantial portion. Supportive policies, declining costs, and increasing demand for clean energy are driving this growth. However, challenges such as land acquisition and grid integration need to be addressed to sustain this momentum. Disclaimer: This is only for educational purposes as the latest data is derived from major financial research reports.

How to choose Solar energy stocks for investing?

Solar energy stocks may include module manufacturers, EPC service providers, or utility-scale developers. Factors such as installed capacity, cost trends in modules, and government incentives often shape the outlook in this space, especially with India’s ambitious renewable energy targets. Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.

Do Solar energy stocks offer regular dividends?

Dividend policies vary among solar energy companies. For instance, NHPC Ltd has maintained a healthy dividend payout. However, some companies, especially those in growth phases like Adani Green Energy Ltd, may reinvest profits to fund expansion and may not offer regular dividends. Investors should review individual company announcements and historical dividend records for specifics. Disclaimer: The latest data on dividends is derived from Tickertape Stock Screener.

Is Solar energy stocks a good investment for the long term?

Supported by falling panel costs and national solar targets, solar energy has vast potential. But margins may remain tight due to competition, import reliance, and policy uncertainty on duties. Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.

Best Solar Energy Stocks in India (2025)

Solar energy stocks shine bright with falling panel costs, government support, and India’s ambitious renewable capacity targets leading the charge.

Top Solar Energy Stocks in 2025

Solar Energy Stock Screener

last updated at 9:45 PM IST

Showing 1 - 20 of 23 results

last updated at 9:45 PM IST

	NameStocks (23)↓	↓Sub-SectorSub-Sector↓	↓Market CapMarket Cap↓	↓Close PriceClose Price↓	↓PE RatioPE Ratio↓	↓1D Return1D Return↓	↓1M Return1M Return↓	↓6M Return6M Return↓	↓1Y Return1Y Return↓	↓PB RatioPB Ratio↓	↓Return on EquityReturn on Equity↓	↓ROCEROCE↓	↓Dividend YieldDiv Yield↓	↓Debt to EquityDebt to Equity↓	↓Volatility vs NiftyVolatility vs Nifty↓
1.	Reliance Industries Ltd RELIANCE	Oil & Gas - Refining & MarketingOil & Gas - Refining & Marketing	20,86,030.6620,86,030.66	1,541.501,541.50	29.9529.95	0.930.93	4.974.97	24.2324.23	-3.71-3.71	2.252.25	7.947.94	9.609.60	0.360.36	0.500.50	1.551.55
2.	NTPC Ltd NTPC	Power GenerationPower Generation	3,27,214.003,27,214.00	337.45337.45	13.9713.97	0.580.58	0.600.60	2.692.69	-10.60-10.60	1.981.98	13.1713.17	11.9211.92	2.472.47	1.441.44	1.821.82
3.	Solar Industries India Ltd SOLARINDS	Commodity ChemicalsCommodity Chemicals	1,51,272.221,51,272.22	16,717.0016,717.00	125.08125.08	-0.82-0.82	1.241.24	72.5272.52	36.8336.83	33.2533.25	30.3230.32	30.9630.96	0.060.06	0.210.21	2.552.55
4.	Tata Power Company Ltd TATAPOWER	Power Transmission & DistributionPower Transmission & Distribution	1,28,197.021,28,197.02	401.20401.20	32.2832.28	0.050.05	0.020.02	5.935.93	-7.44-7.44	3.013.01	9.819.81	9.959.95	0.620.62	1.481.48	2.162.16
5.	JSW Energy Ltd JSWENERGY	Power GenerationPower Generation	88,946.6188,946.61	509.65509.65	45.5945.59	-0.46-0.46	-2.98-2.98	-14.44-14.44	-31.33-31.33	3.063.06	7.797.79	5.775.77	0.390.39	1.731.73	2.852.85
6.	NHPC Ltd NHPC	Renewable EnergyRenewable Energy	84,820.2784,820.27	84.4484.44	28.2128.21	-0.71-0.71	-6.64-6.64	6.636.63	-18.51-18.51	1.931.93	8.468.46	7.127.12	2.262.26	0.740.74	2.312.31
7.	Waaree Energies Ltd WAAREEENER	Renewable Energy Equipment & ServicesRenewable Energy Equipment & Services	83,800.5183,800.51	2,917.002,917.00	44.8844.88	-2.05-2.05	4.464.46	5.345.34	24.7224.72	20.2020.20	41.1741.17	46.4146.41	--	0.130.13	4.354.35
8.	Torrent Power Ltd TORNTPOWER	Power Transmission & DistributionPower Transmission & Distribution	72,602.4272,602.42	1,440.801,440.80	24.2924.29	0.070.07	1.651.65	-0.87-0.87	-2.21-2.21	5.765.76	15.2215.22	16.8416.84	1.261.26	0.920.92	3.103.10
9.	SJVN Ltd SJVN	Renewable EnergyRenewable Energy	38,747.7838,747.78	98.6098.60	47.2747.27	0.150.15	-5.79-5.79	-5.41-5.41	-31.06-31.06	2.752.75	6.536.53	5.255.25	1.481.48	1.441.44	2.822.82
10.	CESC Ltd CESC	Power GenerationPower Generation	23,930.5223,930.52	180.53180.53	17.4817.48	1.081.08	5.765.76	0.730.73	4.924.92	2.002.00	11.7811.78	10.2310.23	2.512.51	1.211.21	2.722.72
11.	Waaree Renewable Technologies Ltd WAAREERTL	Renewable EnergyRenewable Energy	10,301.6510,301.65	988.20988.20	44.9544.95	-0.67-0.67	-4.15-4.15	-25.39-25.39	-51.04-51.04	44.4044.40	93.4593.45	111.84111.84	0.100.10	0.180.18	4.264.26
12.	KPI Green Energy Ltd KPIGREEN	Renewable EnergyRenewable Energy	10,122.6110,122.61	512.95512.95	31.6731.67	-0.85-0.85	-1.46-1.46	1.601.60	-16.20-16.20	12.1112.11	127.66127.66	33.7733.77	0.140.14	1.241.24	3.673.67
13.	Sterling and Wilson Renewable Energy Ltd SWSOLAR	Renewable Energy Equipment & ServicesRenewable Energy Equipment & Services	7,202.137,202.13	308.45308.45	88.4288.42	-0.44-0.44	2.572.57	-31.55-31.55	-54.92-54.92	7.547.54	-59.30-59.30	21.6721.67	--	0.540.54	3.643.64
14.	Borosil Renewables Ltd BORORENEW	HousewaresHousewares	6,858.766,858.76	515.50515.50	-98.59-98.59	3.703.70	-12.87-12.87	-5.77-5.77	-1.70-1.70	7.687.68	-5.11-5.11	-3.15-3.15	--	0.650.65	3.283.28
15.	Websol Energy System Ltd WEBELSOLAR	Renewable Energy Equipment & ServicesRenewable Energy Equipment & Services	5,418.035,418.03	1,283.701,283.70	35.0135.01	-2.98-2.98	-4.81-4.81	-29.43-29.43	127.36127.36	50.3050.30	-80.91-80.91	78.4778.47	--	1.701.70	4.274.27
16.	K.P. Energy Ltd KPEL	Renewable EnergyRenewable Energy	3,368.103,368.10	496.50496.50	29.2129.21	-1.37-1.37	-8.30-8.30	-3.98-3.98	11.8211.82	18.2618.26	37.4137.41	57.7757.77	0.100.10	0.630.63	3.963.96
17.	BF Utilities Ltd BFUTILITIE	Renewable EnergyRenewable Energy	2,949.562,949.56	783.05783.05	184.46184.46	-1.39-1.39	2.832.83	-19.36-19.36	-8.38-8.38	4.134.13	26.2526.25	1.051.05	--	1.691.69	3.883.88
18.	Solex Energy Ltd SOLEX	Industrial MachineryIndustrial Machinery	1,387.361,387.36	1,284.301,284.30	33.0233.02	1.351.35	-4.90-4.90	-3.78-3.78	12.8812.88	30.0030.00	20.8220.82	69.6269.62	0.040.04	2.082.08	3.933.93
19.	Zodiac Energy Ltd ZODIAC	Renewable Energy Equipment & ServicesRenewable Energy Equipment & Services	717.69717.69	474.55474.55	35.9435.94	-1.59-1.59	-1.39-1.39	-5.04-5.04	-37.00-37.00	15.0915.09	26.2626.26	63.5063.50	0.150.15	0.850.85	4.054.05
20.	Gensol Engineering Ltd GENSOL	Construction & EngineeringConstruction & Engineering	207.57207.57	53.9953.99	3.493.49	5.005.00	-3.98-3.98	-92.93-92.93	-94.54-94.54	0.660.66	22.8622.86	12.5812.58	--	4.824.82	4.014.01

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Disclaimer: Please note that the above table is for informational 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 solar energy sector in India, based on publicly available information.

About Solar Sector

India’s solar energy sector is booming, reflecting the nation’s ambitious renewable energy targets. By 2030, India aims to achieve 500 GW of renewable energy capacity, with solar power playing a critical role. As the sector continues to grow, solar energy stocks in India present exciting opportunities for investors looking to capitalise on the green energy boom. However, understanding the dynamics of the solar power sector is essential in order to capitalise on this green revolution.

Overview of Top Solar Energy Stocks in India

NTPC Ltd

India’s largest power producer, NTPC is aggressively diversifying into renewables with a strong focus on solar. It aims to add over 60 GW of renewable capacity by 2032, with major investments in utility-scale solar parks, hybrid projects, and floating solar plants across India.

Solar Industries India Ltd

Primarily known for industrial explosives, Solar Industries is expanding into solar power generation and storage solutions. It’s investing in captive solar plants to power its operations sustainably, contributing to India’s renewable energy goals through internal decarbonisation and strategic solar capacity building.

Tata Power Company Ltd

Tata Power is one of India’s most diversified energy companies, with a growing solar portfolio across utility-scale projects, rooftop solutions, and solar pumps. It also manufactures solar modules and provides end-to-end EPC services, making it a key player in India’s distributed and centralised solar push.

JSW Energy Ltd

JSW Energy is rapidly scaling its green energy portfolio, with solar forming a key pillar. The company is setting up large-scale solar projects, including hybrid and storage-integrated plants, targeting 70% of its capacity to be renewable by 2030 as part of its carbon-neutral roadmap.

NHPC Ltd

While primarily a hydropower company, NHPC is making inroads into solar energy with several grid-connected solar projects. As a public sector enterprise, it plays a role in India’s energy transition by diversifying into solar while leveraging existing hydro infrastructure for renewable integration and grid balancing.

Advantages of Investing in Solar Energy Stocks

Growth Potential

As the world transitions towards renewable energy, the solar sector, including penny solar sector stocks India and large-cap solar energy shares, is expected to experience significant growth.

Government Support

Government policies and incentives are pivotal in boosting the solar energy business, enhancing the growth prospects of companies in this field. Recent measures favouring solar energy shares in India further underscore its promising future.

Sustainability

Solar energy is a sustainable and environmentally friendly option, making investment in solar energy an appealing choice for those who value ecological responsibility. This aligns with global efforts to combat climate change while fostering growth in the solar energy business.

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Risks Associated With Investing in Solar Energy Stocks

Market Volatility

The solar sector can be subject to significant market volatility, influenced by various factors including policy changes and technological advancements.

Technological Risks

Rapid technological changes can render existing technologies obsolete, impacting solar energy companies India that fail to innovate.

Regulatory Changes

Changes in government policies and regulations can impact the solar energy stocks performance of solar energy shares. Staying updated on policy developments is essential for mitigating these risks.

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Frequently Asked Questions on Solar Energy Stocks

What are Solar Energy Stocks?
Solar energy stocks represent shares of companies involved in the solar power sector. These companies engage in activities such as manufacturing solar panels, developing solar power projects, providing installation services, and supplying related components. Investing in these stocks allows investors to participate in the growth of renewable energy, particularly solar power, which is a key focus in India's transition to sustainable energy sources.
How to invest in Solar Energy Stocks?
Here’s how you can invest in Solar Energy Stocks -
1. Go to the Tickertape Stock Screener
2. Click on 'Solar Energy Stocks'.
3. Analyse and sort the Solar Energy Stocks using over 200+ filters—including valuation ratios, financials, technical indicators, and more—based on your investment thesis.
4. Review the filtered list, and identify stocks that best align with your risk appetite, return expectations, and investment goals.
5. Once you've shortlisted the stocks, click ‘Place Order’ to invest in your preferred Solar Energy Stocks.
Disclaimer: Please do your own research or consult your financial advisor before investing.
What are some of the top Solar energy stocks companies listed on NSE?
Top NSE-listed Solar Energy Stocks in India include:
Disclaimer: Please note that the above list is for educational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing.
What are the factors affecting Solar energy stocks prices?
Several factors influence the stock prices of solar energy companies in India:
1. Government Policies and Incentives: Subsidies, tax benefits, and favourable policies can boost the profitability of solar companies.
2. Technological Advancements: Innovations in solar technology can lead to cost reductions and efficiency improvements.
3. Global Supply Chain Dynamics: Availability and prices of raw materials like silicon can impact manufacturing costs.
4. Competition from Traditional Energy Sources: Fluctuations in fossil fuel prices can affect the competitiveness of solar energy.
5. Economic Conditions: Macroeconomic factors, including interest rates and inflation, can influence investment in the renewable sector.
What is the future projection of Solar energy stocks?
In FY 2024–25, the country added a record 23.83 GW of solar capacity, bringing the total installed solar capacity to 105.65 GW. The government aims to achieve 500 GW of non-fossil fuel energy capacity by 2030, with solar energy expected to contribute a substantial portion. Supportive policies, declining costs, and increasing demand for clean energy are driving this growth. However, challenges such as land acquisition and grid integration need to be addressed to sustain this momentum.

Disclaimer: This is only for educational purposes as the latest data is derived from major financial research reports.
How to choose Solar energy stocks for investing?
Solar energy stocks may include module manufacturers, EPC service providers, or utility-scale developers. Factors such as installed capacity, cost trends in modules, and government incentives often shape the outlook in this space, especially with India’s ambitious renewable energy targets.

Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.
Do Solar energy stocks offer regular dividends?
Dividend policies vary among solar energy companies. For instance, NHPC Ltd has maintained a healthy dividend payout. However, some companies, especially those in growth phases like Adani Green Energy Ltd, may reinvest profits to fund expansion and may not offer regular dividends. Investors should review individual company announcements and historical dividend records for specifics.

Disclaimer: The latest data on dividends is derived from Tickertape Stock Screener.
Is Solar energy stocks a good investment for the long term?
Supported by falling panel costs and national solar targets, solar energy has vast potential. But margins may remain tight due to competition, import reliance, and policy uncertainty on duties.

Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.

Disclaimer: This article is for informational purposes only. The content of the article including securities/investment products mentioned if any, should not in any manner be construed as an investment advice, recommendation, offer, solicitation to buy/hold/sell any securities/investment products. The securities quoted if any, are for illustration only and are not recommendatory. Investment in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered financial advisor before investing.