# ReNew Energy Global plc

Summary updated: 2026-10-02T12:16:51.986942Z
Canonical: https://finbar.com/research/companies/renew-energy-global-plc

## Overview

ReNew Energy Global plc is an India-focused renewable-energy and decarbonization company. Its core business is generating electricity from solar, wind, hydro and hybrid projects, alongside related activities including energy storage, green hydrogen and solar manufacturing. The company describes its purpose as working toward a fossil-free future. [1](https://www.renew.com/who-we-are)

India defines ReNew’s geographic presence: as of March 31, 2026, it reported about 12.5 GW of operating capacity, with projects across 10 Indian states. [2](https://www.renew.com/annual-integrated-report-2026) ReNew reported FY2026 total income of INR 150,635 million (about US$1.6 billion) and 3,094 permanent employees in its FY2025–26 workforce indicators. [3](https://www.renew.com/press-release/renew-announces-results-for-the-fourth-quarter-and-full-fiscal-year-reports-highest-ever-net-profit) [4](https://www.renew.com/key-performance-indicators)
[5](https://app.finbar.com/go?id=D357929)[1](https://www.renew.com/who-we-are)[2](https://www.renew.com/annual-integrated-report-2026)[3](https://www.renew.com/press-release/renew-announces-results-for-the-fourth-quarter-and-full-fiscal-year-reports-highest-ever-net-profit)[4](https://www.renew.com/key-performance-indicators)

## Products & services

ReNew manufactures solar modules, including G12R TOPCon bifacial and M10 TOPCon bifacial models. The G12R range is rated at 605–640 W, with module efficiency up to 23.69% and a bifaciality factor of 80±10%. As of March 31, 2026, the company reported solar-module manufacturing capacity of 6.4 GW and solar-cell capacity of 2.5 GW. [6](https://solarpv.renew.com/?tab=TOPCon-Modules-tab)[7](https://solarpv.renew.com/assets/pdf/sep/G12R%20TOPCon_132_July26.pdf)[3](https://www.renew.com/press-release/renew-announces-results-for-the-fourth-quarter-and-full-fiscal-year-reports-highest-ever-net-profit)

Its power offering is electricity generated from utility-scale solar, wind and hydro projects. ReNew also provides solar EPC and operations-and-maintenance services, and offers battery-storage integration with EPC and asset-management services. [8](https://app.finbar.com/go?id=P148385574)[9](https://www.renew.com/solar-energy)[10](https://www.renew.com/wind-energy)[11](https://www.renew.com/energy-battery-storage)

Other offerings include green-hydrogen development, green credits/carbon credits, and green-ammonia project development. ReNew’s official site identifies a 50 MW green-hydrogen project in Raichur, Karnataka; the green-ammonia project described with JERA is under evaluation and uses an envisaged renewable-power supply of about 500 MW. [12](https://www.renew.com/green-hydrogen)[13](https://www.renew.com/green-credits)[14](https://www.renew.com/press-release/renew-partners-with-jera-to-evaluate-joint-development-of-green-ammonia-project-in-india)

In FY2026, manufacturing power equipment accounted for approximately 31.7% of ReNew’s external-customer revenue, with renewable-power generation accounting for the remaining approximately 68.3%. These are segment figures and do not isolate solar-module sales. [15](https://app.finbar.com/go?id=T17016262)
[8](https://app.finbar.com/go?id=P148385574)[15](https://app.finbar.com/go?id=T17016262)[6](https://solarpv.renew.com/?tab=TOPCon-Modules-tab)[7](https://solarpv.renew.com/assets/pdf/sep/G12R%20TOPCon_132_July26.pdf)[3](https://www.renew.com/press-release/renew-announces-results-for-the-fourth-quarter-and-full-fiscal-year-reports-highest-ever-net-profit)[9](https://www.renew.com/solar-energy)[10](https://www.renew.com/wind-energy)[11](https://www.renew.com/energy-battery-storage)[12](https://www.renew.com/green-hydrogen)[13](https://www.renew.com/green-credits)[14](https://www.renew.com/press-release/renew-partners-with-jera-to-evaluate-joint-development-of-green-ammonia-project-in-india)

## Geographic presence

ReNew Energy Global plc’s operating footprint is concentrated in India. Its FY2026 project schedules list operating wind and solar projects in several Indian states, including Gujarat, Rajasthan, Telangana, Karnataka and Madhya Pradesh; these are examples rather than a complete state-by-state breakdown. [16](https://app.finbar.com/go?id=T17016050)[17](https://app.finbar.com/go?id=T17016051)

The company’s registered office is in London, UK, while its principal operational office is in Gurugram, Haryana, India. [18](https://app.finbar.com/go?id=P148365169)
[16](https://app.finbar.com/go?id=T17016050)[16](https://app.finbar.com/go?id=T17016050)[16](https://app.finbar.com/go?id=T17016050)[16](https://app.finbar.com/go?id=T17016050)[16](https://app.finbar.com/go?id=T17016050)[17](https://app.finbar.com/go?id=T17016051)[17](https://app.finbar.com/go?id=T17016051)[17](https://app.finbar.com/go?id=T17016051)[17](https://app.finbar.com/go?id=T17016051)[18](https://app.finbar.com/go?id=P148365169)

## Business segments

For FY2026, ReNew Energy Global plc reported two operating segments: “Generation and sale of renewable power,” covering renewable electricity generation and sales, and “Manufacturing of power equipment,” predominantly solar panels and modules. Wind, solar and hydro activities are grouped within generation. Transmission-line projects, software solutions and other services are among activities reported outside the two reportable segments. [19](https://app.finbar.com/go?id=P148368745)[20](https://app.finbar.com/go?id=P148368746)[21](https://app.finbar.com/go?id=P148368747)

FY2026 external-customer revenue was INR 88,196 million from generation and INR 40,846 million from manufacturing. These represented approximately 66.7% and 30.9%, respectively, of the INR 132,196 million total disclosed across reportable and non-reportable segments; non-reportable activities contributed INR 3,154 million, or about 2.4%. [15](https://app.finbar.com/go?id=T17016262)
[19](https://app.finbar.com/go?id=P148368745)[20](https://app.finbar.com/go?id=P148368746)[21](https://app.finbar.com/go?id=P148368747)[15](https://app.finbar.com/go?id=T17016262)[15](https://app.finbar.com/go?id=T17016262)

## Company history

ReNew was founded by Sumant Sinha in 2011 and commissioned its first wind project, a 25.2 MW facility in Gujarat, in 2012. It crossed 1 GW of installed capacity in 2016 and 2 GW the following year. [22](https://www.renew.com/corporate-profile) [23](https://www.renew.com/press-release/renew-crosses-10-gw-of-gross-renewable-energy-assets) In 2018, ReNew acquired Ostro Energy, adding a portfolio of more than 1.1 GW and substantially expanding its renewable-energy assets. [24](https://www.renew.com/cms/public/storage/pages//wp-content/uploads/2021/06/ReNew-Power-Acquires-Ostro-Energy.pdf)

In 2021, ReNew Power completed a business combination with RMG Acquisition Corporation II, becoming ReNew Energy Global plc; its shares began trading on Nasdaq in August. [25](https://www.renew.com/cms/public/storage/pages/wp-content/uploads/2021/06/RMG-II-ReNew-Power-Transaction-Announcement-Press-Release-Feb-2021.pdf) [26](https://www.renew.com/cms/public/storage/pages//wp-content/uploads/2021/08/ReNew-Power-Completes-Business-Combination-with-RMG-Acquisition-Corporation-II.pdf) In 2022 it announced acquisitions of operating wind and solar assets, and in 2023 it adopted the ReNew brand as its business expanded beyond renewable-power generation. [27](https://www.renew.com/cms/public/storage/pages/wp-content/uploads/2022/06/FINAL_Press-Release_ReNew-adds-over-700-MW-taking-total-portfolio-to-12.8-GW_2-June-2022-002.pdf) [28](https://www.renew.com/events/renew-unveils-new-brand-identity-as-it-reinforces-leadership-in-providing-decarbonisation-solutions) ReNew reported crossing 10 GW of gross renewable assets in 2024; in FY2026 it commissioned about 2.4 GW of capacity. [23](https://www.renew.com/press-release/renew-crosses-10-gw-of-gross-renewable-energy-assets) [29](https://www.renew.com/press-release/renew-commissions-2-4-gw-of-renewable-energy-capacity-in-fy2026)
[22](https://www.renew.com/corporate-profile)[23](https://www.renew.com/press-release/renew-crosses-10-gw-of-gross-renewable-energy-assets)[24](https://www.renew.com/cms/public/storage/pages//wp-content/uploads/2021/06/ReNew-Power-Acquires-Ostro-Energy.pdf)[25](https://www.renew.com/cms/public/storage/pages/wp-content/uploads/2021/06/RMG-II-ReNew-Power-Transaction-Announcement-Press-Release-Feb-2021.pdf)[26](https://www.renew.com/cms/public/storage/pages//wp-content/uploads/2021/08/ReNew-Power-Completes-Business-Combination-with-RMG-Acquisition-Corporation-II.pdf)[27](https://www.renew.com/cms/public/storage/pages/wp-content/uploads/2022/06/FINAL_Press-Release_ReNew-adds-over-700-MW-taking-total-portfolio-to-12.8-GW_2-June-2022-002.pdf)[28](https://www.renew.com/events/renew-unveils-new-brand-identity-as-it-reinforces-leadership-in-providing-decarbonisation-solutions)[29](https://www.renew.com/press-release/renew-commissions-2-4-gw-of-renewable-energy-capacity-in-fy2026)[22](https://www.renew.com/corporate-profile)[23](https://www.renew.com/press-release/renew-crosses-10-gw-of-gross-renewable-energy-assets)[24](https://www.renew.com/cms/public/storage/pages//wp-content/uploads/2021/06/ReNew-Power-Acquires-Ostro-Energy.pdf)[25](https://www.renew.com/cms/public/storage/pages/wp-content/uploads/2021/06/RMG-II-ReNew-Power-Transaction-Announcement-Press-Release-Feb-2021.pdf)[26](https://www.renew.com/cms/public/storage/pages//wp-content/uploads/2021/08/ReNew-Power-Completes-Business-Combination-with-RMG-Acquisition-Corporation-II.pdf)[27](https://www.renew.com/cms/public/storage/pages/wp-content/uploads/2022/06/FINAL_Press-Release_ReNew-adds-over-700-MW-taking-total-portfolio-to-12.8-GW_2-June-2022-002.pdf)[28](https://www.renew.com/events/renew-unveils-new-brand-identity-as-it-reinforces-leadership-in-providing-decarbonisation-solutions)[29](https://www.renew.com/press-release/renew-commissions-2-4-gw-of-renewable-energy-capacity-in-fy2026)

## Sources

1. [www.renew.com](https://www.renew.com/who-we-are)
2. [www.renew.com](https://www.renew.com/annual-integrated-report-2026)
3. [www.renew.com](https://www.renew.com/press-release/renew-announces-results-for-the-fourth-quarter-and-full-fiscal-year-reports-highest-ever-net-profit)
4. [www.renew.com](https://www.renew.com/key-performance-indicators)
5. [ReNew Energy Global plc — Full financial report (2026 Y)](https://app.finbar.com/go?id=D357929)
6. [solarpv.renew.com](https://solarpv.renew.com/?tab=TOPCon-Modules-tab)
7. [solarpv.renew.com](https://solarpv.renew.com/assets/pdf/sep/G12R%20TOPCon_132_July26.pdf)
8. [ReNew Energy Global plc — Full financial report (2025 Y)](https://app.finbar.com/go?id=P148385574)
9. [www.renew.com](https://www.renew.com/solar-energy)
10. [www.renew.com](https://www.renew.com/wind-energy)
11. [www.renew.com](https://www.renew.com/energy-battery-storage)
12. [www.renew.com](https://www.renew.com/green-hydrogen)
13. [www.renew.com](https://www.renew.com/green-credits)
14. [www.renew.com](https://www.renew.com/press-release/renew-partners-with-jera-to-evaluate-joint-development-of-green-ammonia-project-in-india)
15. [ReNew Energy Global plc — Full financial report (2026 Y)](https://app.finbar.com/go?id=T17016262)
16. [ReNew Energy Global plc — Full financial report (2026 Y)](https://app.finbar.com/go?id=T17016050)
17. [ReNew Energy Global plc — Full financial report (2026 Y)](https://app.finbar.com/go?id=T17016051)
18. [ReNew Energy Global plc — Full financial report (2026 Y)](https://app.finbar.com/go?id=P148365169)
19. [ReNew Energy Global plc — Full financial report (2026 Y)](https://app.finbar.com/go?id=P148368745)
20. [ReNew Energy Global plc — Full financial report (2026 Y)](https://app.finbar.com/go?id=P148368746)
21. [ReNew Energy Global plc — Full financial report (2026 Y)](https://app.finbar.com/go?id=P148368747)
22. [www.renew.com](https://www.renew.com/corporate-profile)
23. [www.renew.com](https://www.renew.com/press-release/renew-crosses-10-gw-of-gross-renewable-energy-assets)
24. [www.renew.com](https://www.renew.com/cms/public/storage/pages//wp-content/uploads/2021/06/ReNew-Power-Acquires-Ostro-Energy.pdf)
25. [www.renew.com](https://www.renew.com/cms/public/storage/pages/wp-content/uploads/2021/06/RMG-II-ReNew-Power-Transaction-Announcement-Press-Release-Feb-2021.pdf)
26. [www.renew.com](https://www.renew.com/cms/public/storage/pages//wp-content/uploads/2021/08/ReNew-Power-Completes-Business-Combination-with-RMG-Acquisition-Corporation-II.pdf)
27. [www.renew.com](https://www.renew.com/cms/public/storage/pages/wp-content/uploads/2022/06/FINAL_Press-Release_ReNew-adds-over-700-MW-taking-total-portfolio-to-12.8-GW_2-June-2022-002.pdf)
28. [www.renew.com](https://www.renew.com/events/renew-unveils-new-brand-identity-as-it-reinforces-leadership-in-providing-decarbonisation-solutions)
29. [www.renew.com](https://www.renew.com/press-release/renew-commissions-2-4-gw-of-renewable-energy-capacity-in-fy2026)

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