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Stock impact report

ReNew Crosses 10 GW of Gross Renewable Energy Assets

ReNew Energy Global plc - Class A Shares (RNW) 
Company Research Source: Business Wire
ReNew is among the fastest clean energy companies to achieve the 10 GW milestone.The Company is one of the leading solar and wind energy producers in India, contributing approximately 10 percent of India’s overall RE generation. NEW DELHI--(BUSINESS WIRE)--ReNew (the “Company”), among the largest clean energy companies globally, announced on Wednesday that it has completed construction of 1.94 GW of RE assets in FY24, taking the cumulative capacity set up by the company to over 10 GW. Accounting for assets sold, the Company’s revenue generating capacity stands at 9.52 GW as on March 31, 2024. The Company added 1,174 MW of solar and 768 MW of wind energy during FY24. This is one of the highest ever capacity additions of wind energy among all companies in India, in a single year.In FY24, ReNew contributed approximately 10 percent of India’s total solar and wind energy generation. The Company has India’s largest wind portfolio of 4.7 GW, representing 10.5 percent of India’s total wind Show less Read more
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