“Committed to lead India’s transition from fossil fuel to renewable energy”
ReNew Power, established in 2011, is one of India’s leading renewable energy company in terms of total energy generation capacity. Since commencing operations with a 25.2 MW wind project in Jasdan, Gujarat, the company has grown exponentially, and has a current renewable asset base of over 10 GW, including projects under development and in the pipeline. In October 2019, ReNew Power became the 1st RE company in India (and 10th globally) to cross 5 GW of installed capacity. In 10 years of its operation, ReNew projects have generated many jobs, directly and indirectly. In 2019-20 ReNew Power contributed nearly 1% of the total electricity generated in India and helped mitigate 0.5% of the carbon emitted in a year.
ReNew Power (Nasdaq ticker: RNW) (“ReNew”), the subsidiary of ReNew Energy Global Plc, is one of the largest renewable energy independent power producers (IPPs) in India and globally. The Company currently has an aggregate capacity of 10.3 GW* (including capacity already won in competitive bids). We have utility scale wind and solar energy projects as well as distributed solar energy projects that generate energy for commercial and industrial customers, while helping reduce India’s carbon footprint. ReNew’s current commissioned capacity represents about 1.4% of India’s total installed capacity and avoids 0.5% of India’s carbon emissions annually.
ReNew Power SOLUTIONS
ReNew Power is committed to leading India’s transition away from fossil fuels and meeting the rising demand for energy in a sustainable manner by delivering cleaner and smarter energy choices; thereby reducing India’s carbon footprint.
Utility Scale Wind
With 3.94 GW of commissioned and committed wind energy assets, ReNew Power has one of the largest portfolios of wind energy projects in the country.
Utility Scale Solar
ReNew Power is a leading solar power developer with a proven track record and a portfolio of 4.10 GW commissioned and committed utility-scale solar projects across India.
Utility Scale Firm Power
With a committed capacity of 1.70 GW, ReNew Power has strategically focused on developing a pan-India portfolio of utility-scale firm power projects.
Distributed Solar Energy
Our pan-India presence, in-house experience and world class technology make us the solar energy company of choice for small and large industrial and commercial businesses and government.
With a capacity of 99 MW, ReNew has entered into the hydropower sector which is expected to play an important role in providing innovative renewable energy solutions for ReNew’s customers.
CORPORATE SOCIAL RESPONSIBILITY
ReNew Power remains committed to making meaningful, incremental improvements to the lives of rural communities in and around our project sites, paving the way for a better society and country where the fruits of development trickle down to the bottom of the pyramid and help create a safer and better planet for the generations to come.
As a responsible corporate citizen, ReNew Power has been engaging in social responsibility initiatives since its inception in 2011. Our endeavour has been to forge strong relationships with communities and give back to the society through innovative high impact social development programmes, designed basis a rigorous assessment of their most pressing needs.
Our utility scale wind and solar energy projects are spread over eight states across India. We have hundreds of distributed solar installation sites spread across 80 cities in 18 states in India. Our portfolio as a whole provides a diversified balance of wind and solar projects.
Founder, Chairman and CEO
Sumant Sinha is the founder of ReNew India and has been ReNew India’s Chairman and CEO since 2011. Prior to founding ReNew India, Mr. Sinha served as President Finance at Aditya Birla Group and founder CEO of Aditya Birla Retail. He also held the post of Chief Operating Officer of Suzlon Energy Ltd from 2008 to 2010. Currently, Mr. Sinha serves on the advisory board of Columbia University’s School of International and Public Affairs and is a member of the Board of Governors of the Indian Institute of Technology Delhi, Indian Institute of Management, Calcutta.