COP27: Experts spell out need for concessional climate financing, blended finance
Nov 9th, 2022; Source: CNBC TV18
As many as 190 countries have come together at the COP27 Summit in Egypt, at a time when the world is seeing instability in the energy market, triggered by the Russia-Ukraine War. Talking about the summit, Sumant Sinha, Chairman & CEO of homegrown renewable energy company Renew Power, said durin ...ReadMore
COP 27: Can India Rise As A Climate Powerhouse? | India Development Debate | ET Now
Nov 9th, 2022; Source: Times Now
World leaders are discussing action to tackle climate change at the COP27 climate summit which is underway in Egypt. The United Nations climate summit is crucial as governments world over commit to steps to limit global temperature rises. In fact, it was UN Secretary-General Antonio Guterres who say ...ReadMore
Aug 28th, 2021; Source: Financial Express
Since the listing began with a market capitalisation of $4.5 billion, it will possibly help us raise capital easily and we also hope to lower finance cost in the long run. The green bonds will be continued for debt financing. ReNew Power recently became the first Indian renewable energy company to p ...ReadMore
Apr 7th, 2021; Source: Business Standard
The global climate mitigation movement recently received a shot in the arm with the “return of the prodigal son” – President Joe Biden steering the US back to the Paris Agreement. This comes at a time when the risk of our planet warming beyond a critical climate threshold is high, with countri ...ReadMore
Rapid growth in renewable power needed to meet demand: Sumant Sinha
Mar 25th, 2021; Source: The Hindu Business Line
Renew has become the first Indian company to list on Nasdaq using the Special Purpose Acquisition Company route. Sumant Sinha, Chairman, ReNew, spoke to BusinessLine on the way forward for the company. Excerpts: What is the reason for Nasdaq listing through SPAC compared to Indian listing? ...ReadMore
Asia At The Speed Of Light: An Interview With The Head Of ReNew
Jan 16th, 2021; Source: Mckinsey & Company
The energy transition will remake Asia, says Sumant Sinha, managing director of ReNew. ReNew is just ten years old—but a lot can happen in a decade. Today, ReNew is India’s largest renewable-energy company, with more than 110 wind and solar sites across the country. Backed by a group of prominen ...ReadMore
Goldman-Backed Renew Mulls Listing Its Shares to Fund Growth
Jan 7th, 2021; Source: Bloomberg
ReNew, India’s largest renewable energy company, is looking at an overseas listing of shares to raise funds as it invests in growth for the coming decade. “As far as our own IPO plans are concerned, it’s something we are certainly evaluating and at an appropriate time we will certainly l ...ReadMore
Will invest across renewables, solar manufacturing, transmission in 2021: Sumant Sinha, ReNew
Jan 1st, 2021; Source: ET Energyworld
The other big focus area for the firm will be commissioning of projects which are in the pipeline and nearing completion. Introduction of long-term measures including privatisation of distribution companies to improve the sector’s health are absolutely necessary now, Sumant Sinha, chairman an ...ReadMore
Book Launch | Fossil Free: Reimagining Clean Energy in a Carbon-Constrained World
Dec 10th, 2020; Source: Observer research foundation
About the book The current global energy use, with its overwhelming dependence on fossil fuels, has taken global warming to dangerous levels. Climate change is already hitting us hard, through adverse effects on global food availability, biodiversity, rising sea levels and extreme weather events, su ...ReadMore
BOOK EXCERPT: 'Fossil Free: Reimagining Clean Energy in a Carbon-Constrained World'
Nov 30th, 2020; Source: CNBCTV18.COM
There is, however, a silver lining. As we know, electricity accounts for approximately a quarter of total energy consumption. This is a growing proportion, as more consumption areas get electrified. Transportation through EVs is, of course, the most obvious one, but we can include cases in the marit ...ReadMore