About NewEnergie
NewEnergie is an Energy & Utilities company based in Mumbai (India) founded in 1993. Provider of renewable energy solutions, offering solar trackers, EV charging systems, and home automation systems. Its Indian entity Newenergie Renewables Limited reported revenue of ₹81.04 Cr. NewEnergie offers products and services including Solar Trackers, Battery Energy Storage, Corro Protekt, and GreenShift. Its focus areas include Energy, Solar Energy, Solar Products and Multi-Products. Its competitors include Borosil Renewables, Servoteh and Nessa; 1 of its 3 listed competitors has raised funding.
Company details
NewEnergie Renewables was established in 1993 in Mumbai, India. Operations center on renewable energy, energy efficiency, and home automation sectors. Solar trackers, EV charging systems, and power control systems are supplied to support reduced energy use. Services extend to customers seeking lower carbon emissions, with a base in the Indian market.
- Headquarters Mumbai, India
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website newenergie.co.in
- Social LinkedIn Facebook
- Legal Name Newenergie Renewables Limited
- Date of Incorporation 24 May, 2005
- Jurisdiction Navi Mumbai, Maharashtra, India
- Annual Revenue₹81.04 Cr
FY 2025 · +64% YoY
- Net Profit₹2.61 Cr
FY 2025 · 3% margin
- EBITDA₹7.99 Cr
FY 2025 · 10% margin
- Latest Funding Round$56.47K (USD), Grant
Sep 2015
- Investors
Associated legal entities of NewEnergie
NewEnergie operates through Newenergie Renewables Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Newenergie Renewables Limited CIN U35105MH2005PLC153482 | Active | 24 May 2005 | Navi Mumbai, Maharashtra | ₹81.0 Cr | 56 | 4 | View details |
Products & Services of NewEnergie
NewEnergie offers a comprehensive portfolio of products and services, including Solar Trackers, Battery Energy Storage, Corro Protekt, and GreenShift.
Advanced systems for efficient solar panel tracking and energy optimization.
24x7 solutions for storing and managing renewable energy sources.
Anti-corrosion coatings to protect renewable energy infrastructure.
Rooftop solar and EV charging setups for sustainable energy access.
Funding Insights of NewEnergie
- Total Rounds 1
- Last Round Grant — $56,465
- First Round $56,465
(Sep 2015)
- Investors Count 1
All 1 funding rounds of NewEnergie with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2015 | $56,465 | Grant | – | – |
1 investors in total: 1 institutional.
Investors in NewEnergie
NewEnergie has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for NewEnergie
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Board of directors of Newenergie Renewables Limited (NewEnergie)
Newenergie Renewables Limited is the primary company behind NewEnergie. The board of Newenergie Renewables Limited currently have 4 directors; the longest-serving is Satinder Baldevraj Aggarwal, appointed in 2005. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Satinder Baldevraj Aggarwal DIN 01363339 | Managing Director | 24 May 2005 | 21 yrs 5 mo | Newenergie Renewables Limited |
| Bhavana Satinder Aggarwal DIN 01079245 | Director | 24 May 2005 | 21 yrs 5 mo | Newenergie Renewables Limited |
| Brijesh Narendra Gupta DIN 08469815 | Director | 14 Feb 2025 | 1 yr 8 mo | Newenergie Renewables Limited |
| Vishesh Aggarwal DIN 10928703 | Whole-time director | 14 Feb 2025 | 1 yr 8 mo | Newenergie Renewables Limited |
People of NewEnergie
1 people are tracked at NewEnergie (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Managing Director | Leadership |
Complete people profiles for NewEnergie
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Financials of NewEnergie
Figures of Newenergie Renewables Limited, the primary company behind NewEnergie, for FY 2025. Revenue was ₹81.04 Cr (+64% year on year). Net profit was ₹2.61 Cr (3% margin). EBITDA was ₹7.99 Cr (10% margin). Revenue has grown at a compounded annual rate of -4% over three years and +26% over five years.
- ₹81.04 CrRevenue · FY 2025 · +64% YoY
- ₹2.61 CrNet profit · 3% margin
- ₹7.99 CrEBITDA · 10% margin
- ₹20.6 LakhPaid-up capital
- 56Employees (provident fund records)
- -4%Revenue CAGR, 3 years
- +26%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Newenergie Renewables Limited are on its company page.
Detailed financial statements for NewEnergie
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Timeline of NewEnergie
2 dated milestones of NewEnergie across 22 years, from founding to its latest funding, stage changes and deals.
- Founded NewEnergie is founded.
- Funding First funding round of $56K.
Competitors of NewEnergie
NewEnergie has 3 listed competitors in our database, 1 of them funded. They include Borosil Renewables, Servoteh and Nessa.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| borosilrenewables.com | 1962 | Mumbai, India | 762 | Solar glass is manufactured by Borosil Renewables for photovoltaic applications. | ||
| servotech.in | 2004 | Delhi, India | 178 | Manufacturer of EV chargers, solar inverters, solar panels, batteries, servo stabilizers, UPS, and LEDs | ||
| nessa.in | 2008 | Ahmedabad, India | $95,277 | 84 | Offers solar consumer goods |
Detailed competitors of NewEnergie
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Web traffic of NewEnergie
The website of NewEnergie (newenergie.co.in) receives about 1.2K visits a month.
- Monthly visits1.2K
▲ 63.8% vs previous month
Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as NewEnergie (Renewable & Sustainable Energy) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 |
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Complete news archive for NewEnergie
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Frequently Asked Questions about NewEnergie
NewEnergie was founded in 1993 and raised its 1st funding round 22 years after it was founded.
NewEnergie is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind NewEnergie, Newenergie Renewables Limited, reported revenue of ₹81.04 Cr for FY 2025, up 64% year on year.
NewEnergie Renewables was established in 1993 in Mumbai, India. Operations center on renewable energy, energy efficiency, and home automation sectors. Solar trackers, EV charging systems, and power control systems are supplied to support reduced energy use. Services extend to customers seeking lower carbon emissions, with a base in the Indian market.
NewEnergie's top competitors include Servoteh, Borosil Renewables and Nessa.
NewEnergie offers Solar Trackers, Battery Energy Storage, Corro Protekt, and GreenShift.
NewEnergie has 1 investor. Key investors include European Union.
NewEnergie operates through Newenergie Renewables Limited.
The legal entities of NewEnergie currently have 4 directors, including Brijesh Narendra Gupta, Satinder Baldevraj Aggarwal, Bhavana Satinder Aggarwal and others.