ReNew Energy Global (NASDAQ:RNW) is an independent power producer specializing in the development, construction, ownership and operation of utility-scale renewable energy projects. Headquartered in Gurugram, India, the company focuses on onshore wind farms, solar photovoltaic plants and hybrid energy systems, often paired with battery energy storage to enhance grid stability and dispatch flexibility. ReNew Energy Global markets electricity under long-term power purchase agreements, serving utilities, distribution companies and corporate offtakers.
The company’s core business activities encompass site identification, project design, procurement, construction management and ongoing asset management. ReNew leverages strategic partnerships with engineering, procurement and construction contractors, alongside proprietary data analytics and operational best practices, to optimize plant performance and drive cost efficiencies. In addition to power generation, the firm offers operations and maintenance services, ensuring sustained output and reliability across its portfolio.
While ReNew’s primary footprint is in India, where it has commissioned multiple gigawatts of renewable capacity, the company has also begun expanding internationally. In recent years, ReNew has pursued development opportunities in the United States, targeting markets such as Texas for solar and wind projects. This geographic diversification supports the company’s goal of building a global clean-energy platform resilient to regional market dynamics.
Founded in 2011 by Sumant Sinha, who serves as chairman and chief executive officer, ReNew Energy Global has grown from a domestic startup into one of India’s largest renewable energy operators. Under Sinha’s leadership, the company emphasizes sustainable growth, technological innovation and strategic alliances, aiming to play a leading role in the global transition to low-carbon power generation.
