EverSource investments span across the sectors involved with decarbonization of energy.

Ayana Renewable Power Private Limited

Ayana Renewable Power has been launched to develop utility-scale renewable energy generation projects across India with a target to build 6GW+ platform across the next 5 years. Ayana shall achieve its platform targets through greenfield development and value accretive acquisitions for rapid scale-up. With a management team that has a track record of successful execution of renewable energy projects, Ayana is well placed to play an essential role in India’s ambition to build 175 GW of renewable energy capacity.


In doing so, it will help meet the objective of ensuring transition to low carbon power generation, creating job opportunities in the renewable power sector and contributing towards the development of communities near locations where its power projects will be set up.

For more information, please visit www.ayanapower.com

Radiance Renewables Private Limited

Radiance Renewables Private Limited (“Radiance”), incorporated in 2018, is a developer of renewable energy solutions for commercial, industrial and residential customers, helping them to simultaneously save money and achieve their sustainability goals. Radiance Renewables integrates in-house development, operational management and asset financing expertise to optimise life cycle cost of ownership and competitiveness. It aims to develop 1.5 GW of solar, wind or storage capacity in the next three to five years under a build-own-operate-transfer (BOOT or OpEx) model.


Radiance is poised to play a pivotal role in achieving this target of 40 GWs rooftop solar power and is committed to contribute towards the overall aim of 175 GWs renewable energy capacity.

For more information, please visit www.radiancerenewables.com

GreenCell Mobility Private Limited

GGEF has incubated GreenCell Mobility with the vision to be a pan-India shared electric mobility player, by leveraging proven global experience, developments in e-mobility technology and Government of India’s strong push for electrification of transportation in India. GreenCell Mobility will own and operate shared EVs, initially e-buses. It aims to become the leading provider of end to end, on demand shared green transportation.

For more information, please visit www.greencellmobility.com

EverEnviro Resource Management Private Limited

EverEnviro Resource Management Private Limited (EverEnviro) is a waste management platform set up by Green Growth Equity Fund (GGEF) in 2019. EverEnviro aims to be a market leader in various types of waste management businesses such as urban municipal waste (MSW), hazardous waste, industrial waste, and e-waste with plans to implement leading waste management technologies and leverage the power of IoT and other Industry 4.0 technologies for increasing efficiencies. The initial focus is on MSW with a target to buy assets / build projects in areas such as Land Remediation, Collection & Transportation, Construction & Demolition, Waste to Energy, Bio-CNG, and Dry Waste Processing.