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SunSource Energy

Simplifying Energy Transition

SunSource Energy is India’s leading Commercial & Industrial (C&I) focused Solar Power company with presence across key states of the country We simplify the energy transition journey of corporations in India. Developing, building and operating the solar power projects is in our DNA. As a preferred energy transition partner, we at SunSource Energy manage the entire lifecycle of each project- from financing and development to asset management.

SunSource Energy, a part of SHV Energy Family

SHV Energy is a leading global distributor of off-grid energy with 30 million customers across 4 continents. It is a wholly owned subsidiary of SHV, a global 127-year-old family business with a portfolio of companies in over 60 countries. SunSource Energy is proud to bring the stability, global view and long-term approach of SHV to India and other regions of focus.

  • 26 Millions Customers
  • 25 Countries
  • 13,000 Employees

Our Story

2010

Start of SunSource Energy

SunSource Energy was founded in 2010, when two solar engineers, Kushagra Nandan and Adarsh Das, joined hands and decided to come back to India after spending a decade in the US solar market. With a long-term vision of becoming a solar IPP, SunSource Energy started its operations as a solar engineering services provider.

2013

Leading the way

Being clear about the future role of solar PPAs, the founders executed one of the first private distributed Solar PPAs in India. In the same year, SunSource Energy developed one of India’s Mini Grid projects for a school in the state of Uttar Pradesh

2018

NEEV Fund invests in SunSource Energy

Neev Fund, a private equity fund backed by India’s largest bank and the UK Government invested in SunSource Energy. This enabled SunSource Energy’s transition to an Independent Power Producer, expanding its presence in solar PPA offerings, both on-site (Behind The Meter) and off-site (Open Access). 

2021

SHV Energy Acquires Majority Stakes

Amidst global pandemic and a nationwide lockdown, SunSource Energy joined the SHV Energy family of companies, starting a new era in the companies’ journey.

2022

Expands Open Access Development

SunSource Energy develops its Open Access project in the state of Uttar Pradesh and acquires 28 MWp solar project in Karnataka

2024

15 years and Counting

Conquering various Indian States, SunSource Energy spans across  20+ states in India moving toward the 1GW goal by 2027.

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Awards & Accolades

Driving change with purpose and values for a better tomorrow

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