ReNew Energy Global plc RNW

Company Overview

ReNew Energy Global plc (ReNew) is a leading renewable energy company focused on the development, ownership, and operation of utility-scale clean energy projects. The company operates primarily in the renewable energy and power generation industries, with a core emphasis on wind, solar, and hybrid renewable solutions, alongside a growing presence in energy storage. ReNew generates revenue mainly through long-term power purchase agreements (PPAs) with government-backed entities and commercial and industrial customers, providing predictable and contracted cash flows.

Founded in 2011, ReNew was established to address India’s growing demand for clean and reliable energy. The company scaled rapidly through organic project development and acquisitions, becoming one of the largest renewable energy producers in India. In 2021, ReNew completed a business combination that resulted in its listing on NASDAQ under the ticker RNW, providing access to international capital markets and supporting its long-term growth strategy.