ReNew Power

In March 2026, ReNew Energy Global secured an equity investment of around Rs. 839.60 crore (US$ 95 million) from a consortium led by LeapFrog Investments, along with co-investors EMCAF and Carlyle AlpInvest. The investment will be utilised to expand its commercial and industrial (C&I) renewable energy platform, which has a committed capacity of around 2.5 GW across multiple states. The funding reflects strong investor confidence in India’s growing corporate renewable energy market.

In December 2025, ReNew Energy Global signed a long-term agreement with Google to develop a 150 MW solar project in Rajasthan, with commissioning planned in 2026. The project is expected to generate around 425,000 MWh of clean electricity annually, equivalent to powering over 3,60,000 households, with Google procuring the energy attributes to support its decarbonisation goals. The partnership expands ReNew’s commercial and industrial portfolio to 2.7 GW, reinforcing its position in corporate renewable energy solutions.

As of November 13, 2025, ReNew Energy Global Plc committed to invest approximately Rs. 82,000 crore (US$ 9.37 billion) in Andhra Pradesh to develop a 6 GW photovoltaic ingot-wafer plant, a 2 GW pumped hydro project, a 3,00,000 tonnes-per-annum green ammonia facility and 5 GW of hybrid renewable energy projects, expanding the state’s green energy infrastructure and creating over 10,000 jobs.

ReNew Energy Global Plc will invest around Rs. 22,000 crore (US$ 2.5 billion) to set up a 2.8 GW hybrid renewable energy project in Anantapur, Andhra Pradesh. The project will include 1.8 GWp solar, 1 GW wind, and a 2 GWh battery storage system, making it one of India’s largest single-location RE complexes.

ReNew Secures Rs. 845 crore (US$ 100 million) Marquee Investment from British International Investments (BII) to boost India’s Solar Manufacturing Ecosystem

On November 8, 2023, Renew Power announced its plan to invest Rs 44,000 crore (US$ 5.29 billion) by FY’26, adding 9 GW of capacity. The investment, split between wind and solar projects, aims to secure power purchase agreements (PPAs) for 5.5 GW by FY’24-’25, with bids won for an additional 3.5 GW.

In October 2023, ReNew was recognised in MIT Technology Review’s Top 15 Climate Tech Companies to Watch. 

In September 2023, ReNew announced the launch of its Clinton Global Initiative (CGI) Commitment to Action by tackling two of the toughest barriers to the renewable energy transition— clean energy production and youth education. 

On July 6, 2023, ReNew Energy Global Plc and Gentari Sdn Bhd announced a 50:50 joint venture to develop 5 GW of solar, wind, and energy storage projects in India. This partnership, facilitated by Gentari Renewables India Pte. Ltd., aligns with Petronas' goal to build 40GW of renewable energy capacity. The venture reflects ReNew's ambitious capital expenditure plan and accelerates both companies' decarbonization objectives.

ReNew Energy Global has been ranked among the top seven renewable power companies in the world and among the top 10 global utility firms by Morningstar Sustainalytics. Sustainalytics’ ESG Risk Ratings measure a company’s exposure to industry-specific material Environmental, Social, and Governance risks.

Renew Raises US$ 400 million Through Issuance Of Green Bonds, Sees Strong Demand from Global Investors.

ReNew is recognized as one of the best companies globally for ESG performance by Refinitiv.

In February 2023, ReNew Power rebranded itself as ReNew and announced that the new identity reflects the company’s transition from being a pure-play renewable independent power producer to an end-to-end provider of solutions across the decarbonisation spectrum.

In October 2022, ReNew Energy Global PLC announced its ESG targets including a commitment to hit net zero emissions by the year 2040 through its latest sustainability report for FY 2021-22.

In February 2022, ReNew Power completed Gujarat's first wind-solar hybrid project of 17.6 MW at Grasim Industries Ltd's Chlor-Alkali facility in Vilayat, Bharuch. The first phase of the hybrid project includes 17.6 MW of commercial-scale wind-solar power, which just went live. This will produce 80 million units of renewable energy per year while reducing carbon emissions by 75,000 tCO2e per year.

In September 2021, ReNew Power announced that it has commissioned a 250 MW solar project in Jaisalmer district, Rajasthan.

In August 2021, ReNew Power acquired two operating renewable energy portfolios in India — 260MW/330MWp solar projects in the state of Telangana and a 99MW hydropower facility in Uttarakhand. The combined value of the acquisition was roughly Rs. 28.5 billion (US$ 384.0 million).

In June 2021, ReNew Power announced an agreement with the Precourt Institute for Energy’s ‘StorageX Initiative’ for the development of new energy storage system technology.

In May 2021, ReNew Power announced a plan to build a solar cell and module manufacturing capacity in Gujarat.

In April 2021, the company announced that it has commissioned a 105-megawatt (MW) solar generation project in Gujarat.

In April 2021, the company announced its goal to achieve net-zero greenhouse gas emissions by 2050.

In April 2021, the company announced that it has commissioned a 110-megawatt (MW) solar-generation project in Rajasthan.

ReNew Power announced that it has commissioned a 300-megawatt (MW) wind power generation facility in Gujarat.

ReNew Power was named in the World Economic Forum's (WEF) Global Lighthouse Network, which honours firms using emerging technologies to achieve environmentally sustainable, community-friendly and productive development.

In August, ReNew Power and the UN Environment Programme (UNEP) inked an agreement to promote access to renewable energy and improve energy efficiency.

ReNew Power will invest Rs. 2,000 crore (US$ 271.99 million) in manufacturing solar cells in India

Acquired artificial intelligence and machine learning start-up Climate Connect

Entered in agreement with South Korea-based GS E&C to execute its 300 MW solar power plants in Rajasthan

At Vidya School, a 5.12kW solar-rooftop system was inaugurated which was installed by ReNew Power

Received World Quality Congress Awards 2019 for Best Solar Utility of the Year and Best Solar Innovation

ReNew Power announced the commissioning of its 300 MW solar plant at Pavagada Solar Park in Karnataka.

Achieved a total operational capacity of 3.92 GW.

Acquired OEPL and KCT with an operational portfolio of 858.10 MW and 103.10 MW respectively.

Acquired the assets of Vikram Solar Group.

Became the first renewable energy IPP in India to reach 1 GW of renewable commissioned capacity.

Doubled operational capacity and achieved a total commissioned capacity of 986.90 MW.

Became the first renewable energy independent power producer (“IPP”) of India to raise Rupee denominated masala bonds.

Commissioned their first large distributed solar energy project with a capacity of 860 kWp.

Investments by GSW, ADB and GEF in the form of equity.

Commissioned their first utility-scale wind energy project with 25.2MW capacity.