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 Power posts $12m net loss in Q2 FY23

Its portfolio reached 13.4GW as of 30 September.

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.

ReNew Power increases RE portfolio by 700MW

This brings the company’s total portfolio to 12.8GW.

ReNew Power appoint new CFO

The company also hired a new general counsel and a chief growth officer.

ReNew Power’s portfolio grows 20% in Q1 2022

The company now has around 12GW in its portfolio.

ReNew Power, Mitsui partner to develop India's first round-the-clock project

The RTC project consists of three wind farms, one solar and battery storage farm.

IndianOil, L&T, ReNew Power to form JV for green hydrogen development

Initial focus of the JV will be the sectors where hydrogen is mainly used.

ReNew Power sinks deeper to INR12.57b for nine months of FY2022

This is higher than the INR4.09b loss seen in the same period in 2021.

ReNew Power sets up first wind-solar hybrid project in Gujarat

The first phase of the project has a 17.6MW capacity.