Top Green Energy Penny Stocks in 2025
As of April 2025, total renewable energy (RE) capacity reached around 220 GW, with solar contributing 48%, wind 23%, large hydro 22%, bio 5%, and small hydro 2%. Within this broader shift toward sustainable power, green energy penny stocks have attracted attention from certain investors seeking exposure to smaller, growth-oriented companies.
Best Green Energy Penny Stocks
Monday, 18 August, 2025
| symbol | Company | ticker | slug | Sector | Market Price | 52W High | 52W Low | Market Cap (Cr.) | PE Ratio | Industry PE | PB Ratio | Div. Yield (%) | ROE (%) | 1YReturns | 3YReturns | 5YReturns | Market Cap Label | Industry Group | Industry | Sub Industry | percentageChange |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EDCO | Energy Development Company Ltd | ENERGYDEV | /stocks/energy-development-company-EDCO | Renewable Energy | 20.50 | 36.39 | 16.40 | 97.64 | -1.00 | 21.14 | 0.82 | 0.00 | -1.79 | -21.79 | 22.39 | 217.83 | Smallcap | Utilities | Independent Power and Renewable Electricity Producers | Electric Utilities | -2.20 |
| INWI | Indowind Energy Ltd | INDOWIND | /stocks/indowind-energy-INWI | Renewable Energy | 17.71 | 28.35 | 14.16 | 228.74 | 181.54 | 21.14 | 0.96 | 0.00 | 3.11 | -33.82 | 32.98 | 495.44 | Smallcap | Utilities | Independent Power and Renewable Electricity Producers | Renewable Electricity | -0.06 |
| JAPR | Jaiprakash Power Ventures Ltd | JPPOWER | /stocks/jaiprakash-power-ventures-JAPR | Renewable Energy | 18.56 | 27.70 | 12.36 | 12,755.08 | 15.68 | 21.14 | 1.04 | 0.00 | 6.84 | 5.51 | 139.48 | 508.52 | Smallcap | Utilities | Independent Power and Renewable Electricity Producers | Independent Power Producers & Energy Traders | -1.67 |
| NHPC | NHPC Ltd | NHPC | /stocks/nhpc-NHPC | Renewable Energy | 82.32 | 100.50 | 71.00 | 82,918.66 | 27.58 | 21.14 | 1.84 | 2.31 | 6.75 | -12.13 | 138.61 | 298.64 | Midcap | Utilities | Independent Power and Renewable Electricity Producers | Renewable Electricity | 0.56 |
| ORIN | Orient Green Power Company Ltd | GREENPOWER | /stocks/orient-green-power-company-ORIN | Renewable Energy | 13.17 | 23.43 | 10.96 | 1,549.14 | 39.92 | 21.14 | 1.45 | 0.00 | 4.19 | -38.05 | 62.67 | 635.90 | Smallcap | Utilities | Independent Power and Renewable Electricity Producers | Renewable Electricity | 8.43 |
| SJVN | SJVN Ltd | SJVN | /stocks/sjvn-SJVN | Renewable Energy | 91.96 | 148.84 | 80.54 | 36,238.01 | 44.21 | 21.14 | 2.58 | 1.58 | 6.53 | -35.30 | 221.54 | 311.45 | Midcap | Utilities | Independent Power and Renewable Electricity Producers | Electric Utilities | 0.78 |
| SUPR | Aerpace Industries Ltd | AERPACE | /stocks/supremex-shine-steels-SUPR | Renewable Energy | 21.42 | 60.00 | 19.33 | 329.56 | -50.09 | 21.17 | 6.41 | 0.00 | -19.45 | -50.27 | 1,668.64 | 4,913.27 | Smallcap | Capital Goods | Independent Power and Renewable Electricity Producers | Trading Companies & Distributors | -4.58 |
| SURN | Surana Solar Ltd | SURANASOL | /stocks/surana-solar-SURN | Renewable Energy Equipment & Services | 31.62 | 65.38 | 27.02 | 156.02 | -2,228.86 | 38.10 | 2.78 | 0.00 | -2.22 | -13.56 | 40.85 | 351.71 | Smallcap | Semiconductors & Semiconductor Equipment | Semiconductors & Semiconductor Equipment | Semiconductors | -0.28 |
| URJA | Urja Global Ltd | URJA | /stocks/urja-global-URJA | Renewable Energy Equipment & Services | 13.07 | 25.45 | 10.87 | 688.66 | 542.25 | 38.10 | 3.66 | 0.00 | 1.10 | -34.75 | 5.40 | 328.52 | Smallcap | Semiconductors & Semiconductor Equipment | Semiconductors & Semiconductor Equipment | Semiconductors | 1.84 |
Disclaimer: Please note that the above green energy penny stock list is for educational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing.
Note: The data on this list of green energy penny stocks is dynamic in nature and subject to real-time changes. This data is derived from Tickertape Stock Screener on 14th August 2025 using the following parameters:
- Sector Filter: Companies related to the green and renewable energy sector
- Price Threshold: Stocks currently trading below ₹100 per share.
- Sorting Basis: Companies are sorted by Market Capitalisation (highest to lowest).
Readymade Portfolios in the Green Energy Sector
The MMG Green Energy & EV smallcase, managed by Money Guru, includes stocks from the EV and green energy sector.
The Green Energy Theme smallcase is managed by Niveshaay and is a portfolio of stocks that will benefit from energy transition from fossil fuel-based sources to renewable sources.
- Disclosure for MMG Green Energy & EV smallcase
- Disclosure for Green Energy smallcase
What Are Green Energy Penny Stocks?
Green energy penny stocks are shares of small-cap companies engaged in renewable power generation, energy storage, or related technologies, trading at a relatively low price, often under ₹100 per share. These companies may operate in segments like solar panel manufacturing, wind turbine components, biomass solutions, or small hydro projects.
Overview of the Top Green Energy Penny Stocks in India
- Suzlon Energy Ltd: Suzlon makes wind turbines and manages design, installation, and maintenance. Its recovery comes from debt restructuring, new orders, and India’s push for more wind power.
- NHPC Ltd: NHPC produces electricity from hydro projects across India. It earns steady revenue, benefits from government support, and is adding solar projects.
- SJVN Ltd: SJVN builds and runs hydro and solar projects. It plans large renewable installations and cross-border energy trade to grow with India’s clean energy targets.
- Jaiprakash Power Ventures Ltd: The company, once focused on thermal power, is expanding into hydro and other renewable energy. This shift supports India’s move to low-carbon power.
- Orient Green Power Company Ltd: Orient Green works in biomass and wind energy with projects across India. It focuses on decentralised green power and efficient operations.
Budget Updates for the Green Energy Sector
- Green Energy Push – The government increased the allocation for the clean energy sector by ₹9,251 cr. to a total of ₹26,549 cr. for 2025–26
- MNRE Funding – The Ministry of New and Renewable Energy budget is ₹25,649 cr., up from ₹19,100 cr. last year
- PM-KUSUM Scheme – This scheme helps farmers use solar irrigation pumps and renewable energy systems, with the allocation rising to ₹2,600 cr. from ₹2,525 cr.
- National Green Hydrogen Mission – Under this mission, the funding for producing clean hydrogen for heavy industries and transport doubled to ₹600 cr. from ₹300 cr.
How to Invest in Green Energy Penny Stocks?
Here is how you can invest in green energy penny stocks in India:
- Open a demat/trading/stockbroker account. You can open a demat account with smallcase!
- Conduct thorough research into the best opportunities from the green energy penny stock list that interest you. Investors can use tools like the Tickertape Stocks Screener to do this. The screener offers 200+ built-in filters to choose from, allowing investors to explore penny stocks related to green energy based on various metrics.
- Place a ‘Buy’ Order on the top green energy penny stocks of your choosing.
Benefits of Investing in Green Energy Penny Stocks
- Exposure to a Growing Sector: India’s renewable energy sector is growing steadily, supported by government targets and rising demand for clean power. Penny stocks in green energy sector provide a way to participate in this sector with relatively small capital
- Policy and Regulatory Support: Favourable government policies, subsidies, and incentives for renewable projects can improve margins and create new business opportunities for green energy companies.
- Diversification Opportunity: Green energy penny stocks offer a way to diversify into solar, wind, and the renewable sector, adding exposure to a future-focused industry.
- Alignment with Sustainability Goals: Investing in these stocks supports companies contributing to India’s clean energy transition. This aligns investment goals with broader environmental priorities in India as well as globally.
Risks of Investing in Green Energy Penny Stocks
- High Volatility: Penny stocks can experience sharp price swings due to low trading volumes, which makes them more susceptible to speculation compared to established large-cap stocks.
- Limited Financial Strength: Small and micro green energy companies may have limited capital, which can strain operations during economic slowdowns or project delays.
- Regulatory Dependency: A large part of the growth of green energy companies relies on favourable government policies and subsidies. Any changes in regulations or delays in clearances can affect project execution and revenues.
- Execution Challenges: Small companies may face hurdles in completing projects on time due to funding constraints, supply chain issues, or a lack of technical expertise.
- Liquidity Considerations: These stocks often have lower trading volumes, which can make buying or selling shares more challenging and may cause larger price swings.
Factors to Consider Before Investing in Green Energy Penny Stocks
- Business Model: Green energy companies may work in equipment manufacturing, project development, or direct power generation. Knowing how a company earns its revenue helps assess whether its segment has strong long-term growth prospects.
- Policy Impact: Changes in government incentives, renewable targets, or tariff rules can alter growth and profitability. Companies benefit when policy support is consistent and aligned with clean energy goals.
- Project Pipeline: The size and pace of upcoming projects often signal future growth. Firms that deliver projects efficiently can secure a stronger market position.
- Financial Stability: Renewable energy projects often require large capital investments. A company with strong financial health can fund new projects, manage operating costs, and deliver existing projects on time without facing cash flow issues.
To Wrap It Up…
Green energy stocks represent a sector with long-term growth drivers such as clean energy adoption, supportive government policies, and rising corporate sustainability goals. However, since companies in this space often operate with high capital requirements and are influenced by regulatory shifts, it’s essential to assess their business model, financial stability, project execution track record, and consult a financial advisor before making any investment decision.
Investors can also explore the readymade model portfolio based on the Green Energy Theme on smallcase that includes top picks from the sector that will benefit from the Renewable Energy sector development. These stocks are carefully selected by SEBI-registered experts after considering various factors.
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Among the 500+ expert-curated portfolios, here are a few popular smallcases among new investors:
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Frequently Asked Questions About Green Energy Penny Stocks
1. What are green energy penny stocks?
Penny stocks in green energy sector are shares of small-cap or microcap companies involved in renewable energy production or related services, typically trading at lower share prices, below ₹100.
2. Why are green energy penny stocks gaining popularity?
They offer affordable entry into the renewable energy sector, which is benefiting from climate initiatives, policy support, and rising demand for clean energy.
3. How can I track the performance of green energy penny stocks in India?
You can monitor them via NSE/BSE listings, renewable energy indices, and company announcements on earnings and project updates. You can also use Tickertape Stock Screener to track their performance based on various parameters.
4. Do green energy penny stock companies pay dividends?
Some Green energy penny stocks have paid dividends in the past, such as NHPC Ltd, SJVN Ltd, and Energy Development Company Ltd. However, past dividend payments don’t guarantee future dividend payouts.
5. Are green energy penny stocks suitable for long-term investment?
Whether Green energy penny stocks are suitable for long-term investment or not depends on various factors such as market conditions, company performance, and sector trends. It’s important to do thorough research or consult a financial advisor before investing in green energy penny stocks.
Explore the Popular Stock Collections:
Thematic Stocks:
Keep yourself informed and up-to-date on a variety of thematic sectors by reading the articles below:
Indices and Market Movers:
Stocks Under Budget:
If you are looking for stocks under a particular price range, here’s the collection of stocks under a specifc budget:
