ReNew

ReNew Power is one of India's largest independent renewable energy producers, developing, owning, and operating utility-scale wind, solar, and hybrid energy projects. Founded in 2011 and headquartered in Gurugram, ReNew supplies clean electricity to state and central utilities, industrial consumers, and C&I clients, positioning itself as a full-stack clean energy transition partner across India.

ReNew's core competency lies in developing and operating large-scale wind, solar PV, hybrid renewable, and round-the-clock (RTC) power projects integrating battery energy storage. It leverages advanced resource assessment tools, proprietary energy management systems, and hybrid project engineering to deliver firm, dispatchable renewable power — a critical differentiator in India's grid reliability landscape.

ReNew is primarily an IPP (Independent Power Producer), not a equipment manufacturer. Its operational and under-construction portfolio spans several gigawatts of renewable capacity across India, with a pipeline targeting significant scale. It partners with leading OEMs for turbines, modules, and BESS procurement rather than in-house manufacturing.

ReNew primarily sells power through long-term Power Purchase Agreements with SECI, NTPC, and state DISCOMs across India. It is expanding its C&I and open-access business for direct industrial buyers. Internationally, ReNew is building a profile around green hydrogen exports targeting Europe and Middle Eastern offtakers.

ReNew deploys AI-powered asset performance management platforms to monitor wind turbines and solar plants in real time, reducing downtime and optimising generation. Predictive maintenance algorithms, drone-based O&M inspections, and digital SCADA systems enhance fleet efficiency across its geographically dispersed portfolio, lowering operational costs and improving capacity utilisation factors at scale.

ReNew is among India's top three private renewable IPPs by operational capacity, distinguished by its hybrid and RTC project expertise, NASDAQ listing providing global capital access, and an early-mover position in green hydrogen — though it faces intense competition from better-capitalised rivals like Adani Green.