Ace Renewtech

Chennai, India Founded: 2017 • Age: 9 yrs
Offers solar PV design, engineering, construction management, and maintenance services for clients.

About Ace Renewtech

Ace Renewtech is an Energy & Utilities company based in Chennai (India) founded in 2017. It offers solar PV design, engineering, construction management, and maintenance services for clients. It operates on a B2B model. The company has 34 employees. Its Indian entity Ace Renewtech Engineering Private Limited reported revenue of β‚Ή209 Cr. Ace Renewtech offers products and services including Design and Engineering, Construction Management, and Operations and Maintenance. Its focus areas include Energy, Renewable Energy, Solar PV and Operations and Maintenance. Its competitors include SolarCity, Sunnova, Sunrun, SunPower and SolarSquare and 4 more; 8 of its 9 listed competitors have raised funding.

Company details

ACE Renewtech Engineering specializes in solar photovoltaic projects, providing design, detailed engineering, and optimization services to balance costs and technology. They handle construction management, ensuring on-time commissioning and quality, while offering operations and maintenance for the projects lifecycle. Based in Chennai, India, they work with developers, EPC contractors, and investors, drawing on over 30 years of expertise to deliver sustainable energy solutions.

Key Metrics
  • Annual Revenue
    ₹209 Cr

    FY 2025 · +24% YoY

  • Net Profit
    ₹9.98 Cr

    FY 2025 · 5% margin

  • EBITDA
    ₹14.62 Cr

    FY 2025 · 7% margin

  • Employee Count
    34

Products & Services of Ace Renewtech

Ace Renewtech offers a comprehensive portfolio of products and services, including Design and Engineering, Construction Management, and Operations and Maintenance.

Design and Engineering
Consulting

Services for designing and optimizing solar PV projects with cost balance.

Construction Management
Project Management

Oversight of solar project construction for timely and quality execution.

Operations and Maintenance
Maintenance Services

Ensuring optimal performance of solar PV systems throughout their lifecycle.

Board of directors of Ace Renewtech Engineering Private Limited (Ace Renewtech)

Ace Renewtech Engineering Private Limited is the primary company behind Ace Renewtech. The board of Ace Renewtech Engineering Private Limited currently have 2 directors; the longest-serving is Subramanian Karthikeyan, appointed in 2021. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Subramanian Karthikeyan
DIN 08179917
Director17 Feb 20215 yrs 7 moAce Renewtech Engineering Private Limited
Pramasivam Ashok Kumar Praveen Kumar
DIN 06701545
Director17 Feb 20215 yrs 7 moAce Renewtech Engineering Private Limited

Financials of Ace Renewtech

Figures of Ace Renewtech Engineering Private Limited, the primary company behind Ace Renewtech, for FY 2025. Revenue was ₹209 Cr (+24% year on year). Net profit was ₹9.98 Cr (5% margin). EBITDA was ₹14.62 Cr (7% margin). Revenue has grown at a compounded annual rate of +75% over three years.

  • ₹209 CrRevenue · FY 2025 · +24% YoY
  • ₹9.98 CrNet profit · 5% margin
  • ₹14.62 CrEBITDA · 7% margin
  • ₹46.5 LakhPaid-up capital
  • 34Employees (provident fund records)
  • +75%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Ace Renewtech Engineering Private Limited are on its company page.

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Detailed financial statements for Ace Renewtech

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Competitors of Ace Renewtech

Ace Renewtech has 9 listed competitors in our database, 8 of them funded. They include SolarCity, Sunnova, Sunrun, SunPower and SolarSquare, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
solarcity.com2006San Mateo, United States$1.28B–
Solar power systems are designed, financed, and installed for clients.
sunnova.com2010Houston, United States$1.54B644
Solar services are provided to residential and commercial customers.
sunrun.com2007San Francisco, United States$296.98M8,360
Solar energy services are provided to residential customers nationwide.
sunpower.com1985San Jose, United States$171.73M1,889
Silicon-based solar PV modules are manufactured for diverse applications.
solarsquare.in2015Mumbai, India$61.07M1,463
Provider of solar panel installation services
3degreesinc.com2007San Francisco, United States$9.98M182
Clean energy consulting and services are offered to support sustainability.
vivintsolar.com2011Lehi, United States–2,357
Provider of solar installation and designing services for residential
holaluz.com2010Barcelona, Spain$4.33M–
Power retailing company
oorjasolutions.org2016Delhi, India$2.51M–
Solar-powered irrigation and tech services for farmers are provided.
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Detailed competitors of Ace Renewtech

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Top companies in Renewable Energy Platforms

10 companies that operate in the same segment as Ace Renewtech (Renewable Energy Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Silicon-based solar PV modules are manufactured for diverse applications.
1985San Jose, California, United StatesUSD 171.73 MUSD 300 M600
Manufacturer of smart solar inverters
2006Herzliya, Central District, IsraelUSD 96.8 MUSD 1.18 B5,630
Solar panel tracking software is provided for monitoring and control.
2013Fremont, California, United StatesUSD 42.63 MUSD 3.56 B1,300
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture
2010Pune, Maharashtra, IndiaUSD 76.38 MUSD 56.11 M702
Iron-air energy storage systems are developed for renewable energy projects.
2009Somerville, Massachusetts, United StatesUSD 1.88 B––
Full-end solar services are provided to residential and commercial sectors.
2009Charleston, South Carolina, United StatesUSD 670.36 M––
Micro-inverters and energy storage systems are manufactured for solar applications.
2006Fremont, California, United StatesUSD 100.07 MUSD 1.47 B2,780
Producer and supplier of green hydrogen
2017Nantes, Pays De La Loire, FranceUSD 96.93 MUSD 11.48 M199
Online platform for funding solar projects
2015New York, New York, United StatesUSD 503.95 M–30
Provider of hydrogen production and storage solutions
1927Oslo, Oslo, Norway–USD 95.55 M409
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Frequently Asked Questions about Ace Renewtech

Ace Renewtech was founded in 2017.

Ace Renewtech is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

Ace Renewtech has 34 employees.

The primary company behind Ace Renewtech, Ace Renewtech Engineering Private Limited, reported revenue of β‚Ή209 Cr for FY 2025, up 24% year on year.

ACE Renewtech Engineering specializes in solar photovoltaic projects, providing design, detailed engineering, and optimization services to balance costs and technology. They handle construction management, ensuring on-time commissioning and quality, while offering operations and maintenance for the projects lifecycle. Based in Chennai, India, they work with developers, EPC contractors, and investors, drawing on over 30 years of expertise to deliver sustainable energy solutions.

Ace Renewtech's top competitors include SunPower, Sunrun and Sunnova.

Ace Renewtech offers Design and Engineering, Construction Management, and Operations and Maintenance.

Ace Renewtech operates through Ace Renewtech Engineering Private Limited.

The legal entities of Ace Renewtech currently have 2 directors, including Subramanian Karthikeyan, Pramasivam Ashok Kumar Praveen Kumar.

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