In Short : Renew Power, one of India’s leading renewable energy companies, plans to invest Rs 44,000 crore (approximately $6 billion) by the fiscal year 2026. CEO Sumant Sinha announced this significant investment, highlighting the company’s commitment to expanding its renewable energy portfolio. The investment will support the development of new wind, solar, and energy […]
Mumbai: ReNew Power Shows Interest To Invest ₹18,000 Crore In Nagpur – EQ Mag
When commissioned, the plant will usher in a new change in Vidarbha region and will become the solar backbone of the country. ReNew Power, a Nasdaq listed Global Renewable Energy company, has expressed interest to invest $2.2 billion (₹18,000 crore ) to set up one of the largest metallurgical grade silicon, polysilicon and ingot-wafer manufacturing […]
Maha govt, Renew Power sign MoU for Rs 20k cr project in Nagpur – EQ Mag
Mumbai : The Maharashtra government and Renew Power Ltd on Friday signed a Memorandum of Understanding to set up[ a Rs 20,000 crore renewable energy project in Nagpur. An official statement said the project will come up on an area of 500 acres and will lead to creation of 8000-10000 direct and indirect jobs. An […]
WattPower inks fame agreement with Renew Power to supply 1.2 GW of string inverters by Dec 2023 – EQ Mag
New Delhi [India] : WattPower, a leading provider of innovative energy solutions, announced a ground-breaking deal with ReNew Power, India’s leading renewable energy company. The agreement entails the supply of 1.2 Giga Watts (GW) of string inverters, making it one of the largest deals in the solar inverter industry. With a contract value of close […]
ReNew ranks among top renewable power & utility companies globally for ESG, says Sustainalytics – EQ Mag
GURUGRAM, India : ReNew Energy Global Plc (“ReNew”; Nasdaq: RNW, RNWWW) has been ranked among the top seven renewable power companies in the world and among the top 10 global utility firms by Morningstar Sustainalytics. Sustainalytics’ ESG Risk Ratings measure a company’s exposure to industry-specific material Environmental, Social, and Governance risks. After a thorough and […]
ReNew To Explore Investment Opportunities In Hydrogen Segment: Chairman Sumant Sinha – EQ Mag
As ReNew expands its line of business, it will look at investment opportunities in the green hydrogen sector ReNew will explore investment opportunities in the green hydrogen space as the clean energy firm is expanding its business portfolio, its chairman Sumant Sinha said on Monday. Sinha made the remarks on the sidelines of an event […]
ReNew unveils new brand identity as it reinforces leadership in providing decarbonisation solutions – EQ Mag
From ReNew Power to ReNew– The Future of Energy Company to lead Net-Zero transition across the broader energy ecosystem Gurugram : ReNew Power, one of the leading decarbonisation companies, has made a strategic decision to rebrand itself as ReNew. The new brand identity reflects the company’s transition from being a pure-play renewable Independent Power Producer […]
Union Budget 2023 | Reaction quote from Sumant Sinha, Chairman and CEO, ReNew Power – EQ Mag
“We welcome the budget proposals presented by the Hon’ble Finance Minister. The focus of the budget on expanded support for infrastructure investment, growth of small industry and agriculture sectors, while committing to fiscal consolidation, strikes the right balance. In the context of overall geopolitical and economic outlook, the outlay of Rs. 35,000 crore for energy […]
Davos 2023: India’s ReNew Power exploring Egypt green hydrogen project – EQ Mag
DAVOS, Switzerland : India’s ReNew Power, a unit of New York-listed ReNew Energy Global Plc is studying opportunities to expand into green hydrogen in India, Egypt and elsewhere, its chairman and CEO said on Monday. The firm, which now generates nearly 1.8% of India’s total electricity annually, has a total capacity of 13 Gigawatts (GW) […]
ReNew setting up solar cell, module units at Rs 2,000 cr investment in Raj, Guj; explores opportunities in UP – EQ Mag
ReNew Power is investing Rs 2,000 crore to set up solar cell and module manufacturing units in Gujarat and Rajasthan, its Chairman Sumant Sinha said. The company is also exploring investment opportunities in Uttar Pradesh to expand presence in the country, Sinha, who is also the founder and CEO of ReNew, told PTI. The country […]