ReNew Power

ReNew Power is one of the largest renewable energy IPPs in India and globally. It develops, builds, owns, and operates utility-scale wind and solar energy projects, and hydro projects. As of February 1, 2022, ReNew has a total portfolio of 10.2 GW of renewable energy projects across India, including commissioned and committed projects.

See below for the Latest ReNew Power News, Analysis, Profit Results, Share Price Information, and Commentary.

ReNew switches on 1st interstate transmission project

The Koppal Transmission Scheme will be completed by June 2024.

ReNew switches on 1st interstate transmission project

The Koppal Transmission Scheme will be completed by June 2024.

ReNew Energy, Gentari to develop 5 GW renewable energy in India

The companies signed a 50:50 joint venture.

ReNew bags $7.8b to fund green energy projects

The amount will be provided by the Power Finance Corp. and Rural Electrification Corp.

ReNew Energy subsidiary raises $400m in green bonds

A high-yield issuance outside of India was opened after more than a year of hiatus.

ReNew cuts loss to $49m in Q3 FY23

Its portfolio as of 31 December 2022 is at 13.4 GW.

ReNew Power rebrands to ReNew

The company is transitioning from pure renewable IPP to an end-to-end provider of solutions.

ReNew Power to develop 300MW renewable energy project

The wind and solar hybrid project will be located in Jajpur, Odisha.

ReNew Power posts $12m net loss in Q2 FY23

Its portfolio reached 13.4GW as of 30 September.

ReNew unit, Egypt gov’t to develop green hydrogen plant

The plant will be located in the Suez Canal Economic Zone

ReNew Power aims to reach net zero by 2040

It avoided over 11 million tonnes of carbon emissions in the past year.

Amazon to develop 420MW solar projects in India

These involve three projects in Rajasthan.

ReNew Power records US$1m loss in Q123

This is down from a net profit of US$5m in the same quarter in 2022.

ReNew Power secures $1b loan for hybrid battery-enabled project

This is the largest ECB project loan in India’s renewable sector.

ReNew Power, HSBC India provide solar power to 75 schools

The partnership also includes pioneering a climate education.

ReNew refinances dollar-denominated bonds

It issued $525m bonds in 2019 that will mature in 2024.

New programme trains 1,000 women in India in solar tech

It was launched by ReNew Power, UNEP, and SEWA.

ReNew Power’s net loss reaches $213m in FY22

This included the $174m charges related to the Nasdaq Stock Market listing.