GURUGRAM, India : ReNew Energy Global Plc (“ReNew” or “the Company”) (Nasdaq: RNW, RNWWW), a leading decarbonization solutions company, today announced its consolidated unaudited IFRS results for the three month period ended June 30, 2023. Operating Highlights: As of June 30, 2023, the Company’s portfolio consisted of 13.7 GWs, a 6.3% increase year on year, […]
ReNew Announces Appointment of Three Independent Directors – EQ Mag
New Board members to replace retiring Directors Will increase gender diversity of the Independent Board Gurgaon : ReNew Energy Global Plc (“ReNew”) (Nasdaq: RNW, RNWWW), India’s leading renewable energy company and a preferred decarbonisation partner, announced on Monday that the Board of Directors has appointed Ms. Paula Gold-Williams, Ms. Nicoletta Giadrossi and Mr. Philip Graham […]
ReNew decarbonizes mobility and mining in Karnataka – EQ Mag
Flags off 70 MW of solar and wind renewable energy projects in Karnataka Emerges preferred partner for decarbonization for Toyota Kirloskar Motor and Sandur Manganese & Iron Ores to meet their sustainability goals The clean energy projects will help reduce 150 kilotons of CO2 emissions per year Gurugram : Advancing its focus on energy decarbonization, […]
Renewable energy major ReNew to transform into decarbonisation specialist – EQ Mag
ReNew aims to tap into opportunities in green hydrogen, value-added energy solutions like solar manufacturing, digitalisation, energy storage and carbon markets Leading renewable energy company ReNew is going to fast transform into decarbonisation solutions specialist within a few years, mainly tapping opportunities in green hydrogen, value-added energy solutions like solar manufacturing, digitalisation, energy storage and […]
Hybrid energy project likely to start by 2024, says Jindal Stainless MD – EQ Mag
The 300 MW hybrid project in partnership with ReNew is expected to commence operation in the next 18 months, Jindal Stainless Managing Director Abhyuday Jindal has said. In December 2022, Jindal Stainless Ltd (JSL) partnered with ReNew to develop the proposed 300 MW hybrid energy project. When asked about the timeline of the project, Jindal […]
ReNew Announces Results for the Third Quarter (Q3 FY23) and Nine Months of Fiscal 2023, both ended December 31, 2022 – EQ Mag
ReNew Energy Global Plc (“ReNew” or “the Company”) (Nasdaq: RNW, RNWWW), a leading decarbonisation solutions company, today announced its consolidated results for Q3 FY23 and nine months ended December 31, 2022. Operating Highlights: As of December 31, 2022, the Company’s portfolio consisted of 13.4 GWs, a 30.2% increase year on year, of which 7.8 GWs […]
ReNew to sell 1GW plants at $1bn enterprise value – EQ Mag
New Delhi: ReNew Energy Global Plc is looking to sell 1 gigawatt of its operational clean energy capacity at an enterprise value of around $1 billion as part of the company’s capital recycling strategy, two people aware of the development said. The assets on offer include solar and wind assets and have an equity value […]
ReNew ties-up ~US$ 1-billion ECB consortium loan for largest singleproject funding in Indian RE sector – EQ Mag Pro
Oversubscribed 1.4X, highlighting ReNew’s strong financial profile Consortium of 12 international lenders, including seven first-time project lenders to ReNew Largest renewable project with 1,300-MW capacity; unique project with Round-the-Clock (RTC) power supply, battery-enabled hybrid capacity Single-largest project finance facility for single Indian renewable energy project at highly competitive pricing Gurugram, India : (“ReNew” or “the […]
ReNew to invest $8 billion to set up green hydrogen plant in Egypt – EQ Mag Pro
ReNew joins several Indian companies tapping the prospects in green hydrogen, which is considered crucial to decarbonise hard-to-abate heavy industries ReNew Power has signed a preliminary agreement with the Egyptian government to invest as much as $8 billion (over Rs 63,000 crore) to produce green hydrogen in the African country, according to the chairman of […]
ReNew to acquire 528-MW renewable assets; signs PPA with Maha Govt to supply green energy
New Delhi : ReNew Power on Thursday said it is acquiring wind and solar assets totalling 527.9 megawatts (MW) in various states. It has also entered into an agreement with the Maharashtra government for the supply of 200 MW of green power, the company said in a statement. ReNew said, “It has signed definitive agreements […]