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ReNew Power, founded by Mr. Sumant Sinha, in 2011, is the leading renewable energy company in India and 10th largest in terms of operational capacity, globally. A Nasdaq listed company under ticker RNW; ReNew develops, builds, owns, and operates utility-scale wind energy projects, utility-scale solar energy projects, utility-scale firm power projects, and distributed solar energy projects. With a total capacity of more than 10GW (including projects in pipeline), ReNew Power’s solar and wind energy projects are spread across 110+ sites, with a presence spanning 8 states in India, contributing to 1.4% of India’s power capacity. Consequently, this has helped to avoid 0.5% of India’s total carbon emissions and 1.1% India’s total power sector emissions. In 10 years of its operation, ReNew Power has generated almost 1 lakh jobs, directly and indirectly. The company has achieved market leadership in the Indian renewable energy industry against the backdrop of the Government of India’s policies to promote growth of this sector. ReNew’s current group of stockholders contains several marquee investors including Goldman Sachs, CPP Investments, Abu Dhabi Investment Authority, GEF SACEF and JERA. ReNew Power’s mission is to play a pivotal role in meeting India’s growing energy needs in an efficient, sustainable, and socially responsible manner. ReNew Power is committed to providing clean, safe, affordable, and sustainable energy for all and has been at the forefront of leading climate action in India.
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