In Short : ReNew plans to invest ₹4,200 crore to set up a 6.5 GW solar ingot and wafer manufacturing facility in Andhra Pradesh. The project aims to strengthen domestic solar manufacturing and reduce import dependence. It aligns with India’s push for self-reliance in the renewable sector while boosting supply chain resilience and supporting long-term […]
ReNew Raises $95 Million Equity Investment to Accelerate Clean Energy Expansion – EQ
In Short : ReNew has secured $95 million in equity funding from a consortium led by LeapFrog Investments. The investment will support the company’s renewable energy growth, strengthen its balance sheet, and accelerate clean energy deployment, reinforcing its position as a key player in India’s transition toward a sustainable and low-carbon energy future. In Detail […]
ReNew Prepares $500 Million Bond Issue to Accelerate Global Clean Energy Expansion – EQ
In Short : ReNew is planning a $500 million bond issuance to strengthen its financial position and support the expansion of its renewable energy portfolio. The proposed fundraising reflects strong investor confidence in clean energy assets and highlights the growing role of global capital markets in financing large-scale renewable projects and sustainability-driven infrastructure. In Detail […]
Global Capital Flows into India’s Clean Energy Market as ReNew Raises $600 Million Through GIFT City Bonds – EQ
In Short : ReNew has secured $600 million through a bond issuance routed via GIFT City, underscoring rising global investor confidence in India’s renewable energy sector. The transaction highlights the growing role of GIFT City as an international finance hub while providing ReNew with long-term capital to support expansion, refinancing, and the scaling of clean […]
Karnataka Showcases Renewable Energy Strengths to ReNew at Davos – EQ
In Short : Karnataka presented its renewable energy capabilities and investment potential to ReNew during engagements at Davos, highlighting the state’s strong policy framework, resource availability, and infrastructure readiness. The outreach aimed to attract large-scale clean energy investments, strengthen partnerships, and position Karnataka as a preferred destination for renewable energy development and long-term sustainability-driven growth. […]
SEMBCORP TO ACQUIRE 100% OF RENEW SUN BRIGHT STRENGTHENING ITS INDIA RENEWABLES PORTFOLIO – EQ
Gurugram – Sembcorp Industries (Sembcorp) through its wholly- owned subsidiary, Sembcorp Green Infra Private Limited, has entered into a share purchase agreement with ReNew Private Limited to acquire 100% ownership of ReNew Sun Bright Private Limited (ReNew Sun Bright), for a total consideration 1 of approximately S$246 million2. ReNew Sun Bright owns and operates a […]
ReNew Posts Robust Q1 FY26 Results with Net Profit Jump to ₹513.1 Crore – EQ
In Short : ReNew Energy posted a consolidated net profit of ₹513.1 crore in Q1 FY26, marking a sharp jump from the previous year. The company attributed the growth to higher power generation, capacity expansion, and improved operational efficiency. Revenue also surged, reflecting strong demand for clean energy. ReNew continues to strengthen its leadership in […]
ReNew Announces Major ₹22,000 Crore Hybrid Energy Project in Andhra Pradesh – EQ
In Short : ReNew Energy Global is investing ₹22,000 crore in a 2.8 GW hybrid renewable energy project in Andhra Pradesh’s Anantapur district. The project includes 1.8 GW solar, 1 GW wind, and a 2 GWh battery storage system. It will create around 1,500 jobs and supports India’s clean energy goals, with phased development and […]
ReNew Inaugurates Largest Single-Location Solar Project of 1.3 GWP in Rajasthan – EQ
In Short : ReNew Energy has inaugurated India’s largest single-location solar project in Jaisalmer, Rajasthan, with a 1.3 GWp capacity. Spanning 3,500 acres, the plant will generate 2,490 million units annually, powering 500,000 households. The project utilizes 100% indigenously manufactured solar panels, aligning with the ‘Make in India’ initiative. It will offset 2.3 million tonnes […]
ReNew Announces Results for the Third Quarter of Fiscal Year 2025 (Q3 FY25); Registers 26% Increase in Operating Capacity – EQ
In Short : ReNew Energy Global reported a 25.5% year-over-year rise in commissioned capacity, reaching 10.7 GW by December 31, 2024. Q3 FY25 revenue increased 10% to ₹2,119.8 crore, while net loss widened to ₹387.9 crore. The company also received a non-binding acquisition offer from a consortium including CPP Investments and ADIA, signaling potential future […]