ReNew Energy Global

Indian renewable energy company

Follow ReNew Energy Global on Notably News to receive short updates to your email — rarely!

2024 ReNew reported a net profit of Rs. 414 crore (over $49 million) for the fiscal year.
2023 Received the Sustainable Market Initiative's Terra Carta Seal award and recognized as an Energy Transition Changemaker by the COP28 Presidency for deploying the country's first round-the-clock power project.
2023 Norway's Climate Investment Fund (Norfund) and pension fund KLP invested Rs. 900 million in ReNew's transmission project in Karnataka.
2023 ReNew reached 10 GW of gross renewable energy assets and generated 17,385 GWh of electricity.
2023 Goldman Sachs completely exited the company, ending its investment involvement.
February 2023 ReNew Power rebranded itself as ReNew Energy Global plc, marking a significant corporate transformation and international positioning.
2022 Recognized by the Economic Times with an award.
2022 ReNew helped India avoid 0.5% of its annual carbon emissions and generated 14,263 GWh of clean electricity, powering around 4 million Indian households.
2022 ReNew signed an agreement to establish a green hydrogen plant in Egypt.
August 24 2021 ReNew Energy Global was listed on NASDAQ under the symbol 'RNW' after merging with RMG Acquisition Corporation II.
2020 Received multiple awards including Stevie International Business Awards for Chairman of the Year and Energy Company of the Year, and the Clean Energy Transition Award at Reuters Responsible Business Awards.
2020 ReNew became the first renewable energy company to be named to the World Economic Forum's Global Lighthouse Network.
2020 ReNew announced plans to manufacture solar cells and modules in India, with a planned capacity of 2 GW.
2019 Won Stevie International Business Awards for Energy Entrepreneur of the Year and Energy Sector Innovation of the Year.
2019 ReNew raised $450 million through dollar bonds to retire existing debt and received a $100 million investment from Abu Dhabi Investment Authority (ADIA) via rights issue.
2019 ReNew Energy Global partnered with Korean company GSE&C to jointly develop the SECI-4 renewable energy project in Rajasthan.
2017 Received the Forbes India Leadership Award.
2017 JERA, a joint venture between Tokyo Electric Power and Chubu Electric Power, became an equity holder in ReNew Energy Global.
2017 Commissioned India's largest solar farm with a capacity of 510 MW in Telangana.
2016 ReNew became the first renewable energy company to raise rupee-denominated masala bonds, expanding its financial strategies.
2016 First company in the Indian renewable sector to reach 10 GW installed capacity.
2016 Became the first Indian renewable energy company to achieve 1 GW capacity.
2014 ReNew entered the Indian solar market by commissioning its first distributed solar project.
2014 Inaugurated first wind project of 25.2 MW in Jasdan, Gujarat, with Narendra Modi (then Chief Minister) officiating the launch.
2011 Sumant Sinha founded ReNew Energy, launching the renewable energy company.
September 2011 Goldman Sachs invested in ReNew Energy, providing significant financial backing to the new company.

This contents of the box above is based on material from the Wikipedia article ReNew Energy Global, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.

See Also