ReNew Power

ReNew Power to be Publicly Listed on the Nasdaq, Valued at $8Bn

Sumant Sinha led Renew Power Private Limited, the country’s leading renewable energy generator has started the process to achieve a listing at the NASDAQ market in the US via the SPAC (Special Purpose Acquisition Company) route. As of December 2020, ReNew had a total capacity of close to 10 GW of wind and solar power […]

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India’s Solar Manufacturing- A Tale of failed Government Initiatives

India’s solar manufacturing prowess, or lack of it, has been a regular cause for concern ever since the country started powering forward in capacity additions from 2016 onwards. A new report from IEEFA and JMK Analytics puts the spotlight on the sector, especially on its failure to ramp up even as demand went up domestically. […]

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The Risk In Renewables, And How To Reduce It

The Fourth Plenary session at REINVEST 2020 looked at the risks in investing in renewables in India, and ways to mitigate those risks. A panel with India’s leading renewable financiers, developers and global players narrowed down the key issues and some possible solutions. Pankaj Jain, Additional Secretary, Department of Financial Services, Ministry of Finance, moderated […]

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Access To Capital Markets Becoming a Glaring Gap For Indian Solar Firms

This week, Suzhou, China-based GoodWe inverters celebrated its listing on the Shanghai stock market, coincidentally on its 10th anniversary. For the well-known inverter firm, the pubic listing is an obvious matter of pride, besides the huge new opportunities it opens up for it.  “The IPO marks the beginning of a new chapter,” said Daniel Huang, […]

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Indian Railways Begins Talks With key Solar Industry Players

Piyush Goyal has held a meeting with stakeholders in the solar sector and discussed innovative solutions for setting up solar projects along railways tracks. As part of the Indian Railways‘ plan to become a net-zero carbon emitter by 2030, Railway Minister Piyush Goyal has held a meeting with stakeholders in the solar power sector and discussed innovative […]

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ReNew Power and UNEP Partner up to Promote Increased Access to RE

UNEP has signed a partnership agreement with ReNew Power to promote increased access to renewable energy and improved energy efficiency in India The United Nations Environment Programme (UNEP) has announced that it has signed a partnership agreement with one of India’s largest independent renewable energy companies – ReNew Power to promote increased access to renewable […]

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5 Winners in GUVNL’s 700 MW Solar Tender, Vena & Tata L1 Bidders

GUVNL’s 700 MW solar tender saw the entire capacity awarded to five bidders, with Tata Power and Vena Energy submitting the winning L1 bids of Rs 2.78/kWh. The recently concluded auctions for the Gujarat Urja Vikas Nigam Limited’s (GUVNL’s) 700 MW solar tender saw the entire capacity awarded to five bidders. With Tata Power and Vena Energy […]

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India’s Top 5 Solar Power Producers Based on Installed Capacity

In India’s energy sector which is largely dominated by coal-powered plants, we take a look at the top 5 power producers which are producing power from what India expects will take over from coal in the long term as its leading source of energy – Solar Energy. Solar energy has become the leading resource for […]

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Renew-SECI Tussle At CERC Indicates Further Trouble For Wind Energy

India’s wind energy sector has been stuttering, even as solar has managed to escape the worst of the slowdown blues. So much so that multiple developers that were invested in growing both Wind and Solar energy projects, have quietly moved away almost exclusively to solar now, other than the odd Hybrid project that comes up. […]

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