Fourth most attractive renewable market CAGR of 17.28 percent Installed renewable energy capacity is 86.75GW

Investments in the clean energy space

According to the FDI data recorded by DPIIT, FDI inflows in the Indian non-conventional energy sector between April 2000 and March 2020 stood at USD 9.2 billion. Investments in FY 2019-20 stood at USD 1.34 billion.

Energy Graph

Categories and Applications in Enerygy Sector

Clean Enerygy
Enerygy Efficiency
Energy Storage

Winners

Aloe E-Cell Private Limited Team

Winner | Clean Energy

Aloe E-Cell Private Limited Team

DIPP41901

Aloe E-Cell has created the world's first 100% eco-friendly and non-hazardous 1.5V AA size batteries, using aloe vera as a replacement in the dry cell batteries of clocks, flashlights, toys, etc. It’s built at a 10% cheaper cost and with 1.5 times more durability. Aloe E-Cell also provides farmers with an alternate stable income source.

Product summary

Aloe E-Cell have created 1.5V AA size batteries with their unique selling proposition focussed on eco-friendliness and biodegradability. This product is easily scalable as the cost of customer acquisition is quite low and can easily penetrate into the total addressable market by launching a series of products.

Impact

  • Aims for a 71.6% reduction in environmental pollution caused by the usage of batteries.
  • Could mean a 97% reduction in disease statistics caused by the usage of dry cell batteries.
  • Will save the Indian economy USD 109 billion every year on dry cell raw materials.

Website

https://www.aloeecell.com

Esyasoft Technologies Private Limited Team

Winner | Energy Efficiency

Esyasoft Technologies Private Limited

DIPP52065

Esyasoft Technologies provides Smart Grid IoT solutions and advanced analytics for public utilities like energy, water and gas. Backed by an end-to-end Integrated Smart Grid platform, it transforms these legacy utilities, improving the energy efficiency of the transmission and distribution systems. Consumers are also provided with a mobile app offering transparency into their energy consumption in real-time.

Product summary

Esyasoft offers a meter data management system (MDM), energy efficiency consumption monitoring system, renewable energy integration, usage and theft analytics, forecasts, and more. All of this by being the first to introduce machine learning and deep learning analytics into a smart grid platform.

Impact

  • They are currently catering to 1 million consumers in India alone.
  • Deployed in India’s largest successful smart metering project in Indore, increasing billing efficiency by 22%.
  • In the CESU project, the utility realized a 34% improvement in collection efficiency, around USD 14 Million in a single year.

Website

https://www.esyasoft.com

All Finalists

Name of Startup Category City State
ALOE ECELL PRIVATE LIMITED Clean Energy Lucknow Uttar Pradesh
NAVALT SOLAR AND ELECTRIC BOATS PVT LTD Clean Energy Kochi Kerala
H2E POWER SYSTEMS PRIVATE LIMITED Clean Energy Pune Maharashtra
HEXPRESSIONS MEGATECH PRIVATE LIMITED Clean Energy Jaipur Rajasthan
INGO ELECTRIC PRIVATE LIMITED Clean Energy Bengaluru Karnataka
TECSO CHARGE ZONE PRIVATE LIMITED Clean Energy Vadodara Gujarat
CYGNI ENERGY PVT LTD Clean Energy Hyderabad Telangana
ESYASOFT TECHNOLOGIES PRIVATE LIMITED Energy Efficiency Bengaluru Karnataka
REZONENT MICROCHIPS PRIVATE LIMITED Energy Efficiency Thrissur Kerala
INPHASE POWER TECHNOLOGIES PVT LTD Energy Efficiency Bengaluru Karnataka
RESONANT ELECTRONICS PVT LTD Energy Efficiency New Delhi Delhi
ENERGEIA MICROGRID PRIVATE LIMITED Energy Efficiency New Delhi Delhi
DIVSOFT SOLUTIONS INDIA PRIVATE LIMITED Energy Efficiency Kolkata West Bengal
DESIGN2OCCUPANCY SERVICES LLP Energy Efficiency Jaipur Rajasthan
CELLPROP PRIVATE LIMITED Energy Storage Bengaluru Karnataka
IMBUO EXPLORATIONS PRIVATE LIMITED Energy Storage Bengaluru Karnataka
VIRYA BATTERIES PRIVATE LIMITED Energy Storage Mumbai Maharashtra
AGASTI TANK WORKS PRIVATE LIMITED Energy Storage Mumbai Maharashtra
Other Sectors