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Stock impact report

Burgeoning powerhouse surges to forefront of key energy sector: 'On a roll' [Yahoo! Finance]

ReNew Energy Global plc - Class A Shares (RNW) 
Company Research Source: Yahoo! Finance
ReNew Energy Global, a Nasdaq-listed power producer, recently posted strong first-quarter results for fiscal year 2026. Revenue climbed 65% year-on-year, and profits after tax jumped more than 13 times. The gains were fueled by a 23% boost in renewable capacity, alongside new contributions from solar module and cell manufacturing, per Seeking Alpha. The company now operates more than 11 gigawatts of clean power and is expanding across solar, wind, and storage. Analysts say the integrated model, which combines development, manufacturing, and storage, gives ReNew an advantage over competitors in India's fast-moving market. India itself is driving the momentum. The country has already reached 50% of its installed electricity capacity from non-fossil fuels, five years ahead of its Paris Agreement pledge. Clean power additions totaled 22 gigawatts in just the first half of 2025, a 57% increase over the previous year, per Seeking Alpha. With a national target of 500 GW by 2030, there i Show less Read more
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