Utility-scale renewable energy generation (wind and solar)
Strategic Profile
ReNew's total utility-scale committed capacity is contracted under power purchase agreements (PPAs) with an average duration of more than 24 years, with many contracts held by central government agencies such as the Solar Energy Corporation of India (SECI) and NTPC Limited. The company offers decarbonization solutions including green hydrogen, intelligent data-driven solutions, energy storage, solar manufacturing, and carbon credits.
Cyborg Score Rationale
ReNew Power is India's largest renewable energy IPP in terms of commissioned capacity. The company benefits from long-term government contracts, diversified renewable portfolio, and strong equity backing, though it faces execution risks in meeting its growth targets and market competition in India's expanding renewable sector.
Top Insights
ReNew's portfolio of approximately 20.2 GW (as of May 2026) includes ~10 GW of commissioned capacity powering around 6.0 million homes in India.
ReNew was listed on NASDAQ on August 24, 2021 under the symbol 'RNW'.
ReNew's solar and wind energy projects contribute to 1.9% of India's power capacity spread across 150+ sites and 18 Indian states.
Beyond renewable energy generation, ReNew offers decarbonization solutions including green hydrogen, energy storage, and solar manufacturing capabilities.
Named Competitors
Adani Green Energy — India's largest listed renewable energy company
Tata Power Renewable Energy — Renewable energy solutions from Tata Group
JSW Energy — Diversified renewable and thermal energy producer
NTPC Green Energy — Government renewable energy subsidiary
Recent Developments
(May 2026) Portfolio reached approximately 20.2 GW with ~10 GW commissioned capacity
(March 2026) New Development Bank financing for ReNew Peak Power hybrid renewable project with 250 MW wind, 435 MW solar, and 415 MWh battery storage
(December 2025) Operational capacity reached 11.4 GW with Q3 FY26 revenue of Rs. 3,137.2 crore
Open the full interactive ReNew Power Private Limited report
Strategic research, analyst-debate audio, full Cyborg Score breakdown across 11 dimensions, and saved-company audio playlists.