Mumbai-based company ranks #11 overall in APeC, with 1,513 MWdc of solar assets under O&M at the end of 2025
Inspire Clean Energy Pvt. Ltd. (ICE), an independent solar PV asset management and Operations & Maintenance (O&M) company, has been ranked #4 among Independent Service Providers (ISPs) and #11 overall among solar PV O&M service providers in Asia Pacific excluding China (APeC) in Wood Mackenzie’s Global Solar PV O&M Service Provider Dynamics 2026 report. The ranking is based on ICE’s O&M portfolio of 1,513 MWdc at the end of 2025.
The ranking reflects a decade of steady, sustained growth, built on disciplined field execution, long-term client relationships and in-house monitoring and automation capability.
Anandaraj R., Co-Founder & CEO, Inspire Clean Energy, said “Ranking fourth among independent O&M providers in Asia Pacific is the outcome of ten years of groundwork. Our growth has been laminar, not turbulent – from a single 100 kWp site in 2015 to over 1.5 GW across eight states today, built one site, one client and one team at a time. As an independent provider, our incentive is aligned with only one outcome – the plant’s generation. We will keep investing in remote governance, data analytics and field automation, because that is where long-term asset returns are protected. I thank our customers for their trust and our site teams, who deliver these numbers every day.”
The ranking comes as India’s O&M market scales rapidly. According to the report, India’s assessed solar PV O&M market reached 47.2 GWdc at the end of 2025, up 14.2 GWdc (43%) year on year, making it the second-largest national O&M market globally after the United States. Indian providers hold five of the top six positions in the APeC rankings, and O&M vendors across APeC added 16 GWdc (29%) during the year.
As India’s installed base grows, plant availability, preventive maintenance and lifecycle performance are becoming the primary levers of asset value. ICE combines on-ground O&M teams with centralised remote monitoring and its own software and automation tools to maximise uptime and generation for solar asset owners.
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Dear Anandaraj,
Hearty congratulations on Inspire Clean Energy being ranked #4 among Independent Service Providers and #11 overall in Asia Pacific (excl. China) in Wood Mackenzie’s Global Solar PV O&M Service Provider Dynamics 2026 report!
What struck me most is not just the 1,513 MWdc figure – it’s how you got there. Going from a single 100 kWp site in 2015 to over 1.5 GW across eight states, built “one site, one client, one team at a time,” is a masterclass in patient, compounding execution. Your phrase “laminar, not turbulent” growth captures exactly the kind of discipline that builds durable businesses rather than fleeting headlines.
I especially admire your clarity on independence: “our incentive is aligned with only one outcome – the plant’s generation.” That’s not a tagline; it’s an operating philosophy. In a market where India’s solar O&M base grew a staggering 43% in a single year, staying anchored to generation outcomes — rather than chasing portfolio size – is what separates a long-term asset partner from a vendor.
Congratulations to you and the entire Inspire team. The site teams who “deliver these numbers every day” deserve enormous credit, and so do you for building the culture that makes it possible. Here’s to the next decade of protecting asset returns – one plant at a time.
Warm regards,
Shailendra