Suzuki Motor has started purchasing wind and solar energy from ReNew Power for its Gujarat facility as part of its effort to lower around 6 per cent of the Japanese automaker’s global carbon dioxide emissions. […]
ReNew Power has inked definitive agreements to acquire more than 500 MW of operating wind and solar assets. The acquisition would reportedly comprise operating wind and solar assets totaling 471.65 MW and 56.25 MW respectively, […]
In Davos, the Maharashtra energy department and ReNew Power, one of India’s largest renewable energy businesses, signed an agreement of Rs 500 billion for renewable energy projects in the state over the next six to […]
ReNew Power, India’s leading renewable energy company, has announced a strategic partnership with Mitsui & Co Limited, a global general trading and investment organisation. Mitsui will acquire 49 per cent of the stake in ReNew […]
Indian Oil Corporation Limited, Larsen & Toubro (L&T), a construction and IT/TS services conglomerate, and ReNew Power have announced the signing of a binding term sheet for the formation of a joint venture (JV) company […]
Nitin Sabikhi is a professional with over 16 years of experience in marketing, business development, strategy, energy policy, and the renewables and electricity markets. Currently, he is head, markets, ReNew Power. He was also a […]
ReNew Power has sold 138 MWp of its distributed rooftop solar portfolio to Fourth Partner Energy, a rooftop solar energy company, for Rs 6.72 billion. As per a company statement, after accounting for an outstanding […]
Fluence, a global market leader in energy storage products, services, and digital applications for renewables and storage, and ReNew Power have announced a partnership to form a new company to meet the needs of local […]
Ishan Nagpal, lead, policy and regulatory, ReNew Power, has expertise in policy advocacy, regulatory affairs and business development in the renewable energy space. He has been working on new initiatives such as hydrogen, storage and […]
ReNew Power, established in 2011, commenced operations with a 25.2 MW wind power project in Jasdan, Gujarat. Since then, the company has grown rapidly, backed by strong investors, and has emerged as one of India’s […]
Larsen & Toubro (L&T) and ReNew Power have formed a partnership to capitalise on India’s growing green hydrogen market. L&T and ReNew will jointly develop, own, execute, and operate green hydrogen projects in India under […]
ReNew Power has commissioned 250 MW interstate transmission system (ISTS)-connected photovoltaic solar power project in Jaisalmer, Rajasthan. The project has a total generation capacity of 300 MW which was won by ReNew Power in Tranche-III […]
Larsen & Tourbo (L&T) concluded the divestment of its 100 per cent stake in 99 MW (3 x 33) of hydroelectric power plants at Singoli-Bhatwari in Uttarakhand. As per the terms of the agreement, the […]
ReNew Power has completed its merger with RMG Acquisition Corporation II (RMG II). The merger has allowed ReNew Power to gain access to the listing and trading of its shares on Nasdaq. Subsequently, the company’s […]
The solar power segment has remained resilient to disruptions caused by the pandemic. In recent months, the Ministry of New and Renewable Energy (MNRE) has worked extensively to promote domestic manufacturing, introducing basic customs duty […]
Over the past decade, renewable energy financing has gone through various ups and downs depending on the investor sentiment. However, through all of this, private equity (PE) has remained one of the most dominant sources […]
Taking advantage of the huge push to renewable energy development over the past decade, a number of companies set up clean energy ventures. Supported by an influx of foreign capital, these ventures have grown in […]
Dr Varun Sivaram is a physicist, chief technology officer of India’s largest renewable energy firm ReNew Power Limited and a senior research scholar at Columbia University’s Center for Global Energy Policy. Dr Sivaram’s previous roles […]
The Indian renewable energy industry was, till not so long ago, a largely fragmented market. Of late however, it has been witnessing significant consolidation, with a series of mergers and acquisitions taking place. Moreover, with […]
Solar Energy Corporation of India’s (SECI) latest wind project auction of 2,000 MW interstate transmission system (ISTS)-connected capacity, the largest so far in the country, attracted the lowest winning bid of Rs 2.44 per kWh […]
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