India plots tricky path to growth and net zero
Nov 28th, 2022; Source: Financial Times
India comes to COP27 as part of an exclusive club: one of around twenty countries to have submitted updated plans for mitigating greenhouse gas emissions since the last global climate conference in Glasgow, last November. Prime minister Narendra Modi then committed to having net zero carbon emissio ...ReadMore
Tech innovation for green world need of the hour say business leaders at TERI summit
Feb 16th, 2022; Source: THEWEEK
New Delhi, Feb 16 (PTI) Technological innovation for a green world is the need of the hour, echoed business leaders on Wednesday at a session during the 21st edition of World Sustainable Development Summit organised by The Energy and Resources Institute (TERI). At a session on 'Reorienti ...ReadMore
Jan 30th, 2022; Source: Outlook
Sumant Sinha has made ReNew not just the largest pure-play renewable energy provider in the country but also the face of India’s renewables globally What began in 2014 as environmental responsibility has now turned into a necessity to save the world. Call it the Greta Thunberg effect, or whate ...ReadMore
Budget may provide booster dose to meet climate goals
Jan 27th, 2022; Source: Times of India
At a time when India is focusing on decarbonising its economy, industry is pitching for steps to encourage green mobility in the Budget, along with a transition towards the goals outlined by PM Narendra Modi as part of the United Nations COP26 climate agenda. “The union Budget this year is a hist ...ReadMore
ReNew rated among top 10 renewable power companies in the world by Sustainalytics
Dec 3rd, 2021; Source: climatesamurai
ReNew Energy Global today announced that it was ranked among the top 10 renewable power companies in the world on ESG Risk Ratings. ReNew has been rated as a ‘low risk’ company after a rigorous and thorough assessment process of its ESG risk exposure, management systems and performance. The comp ...ReadMore
ReNew Set To List On NASDAQ On August 24
Aug 18th, 2021; Source: The Economic Times
Gurgaon-based renewable energy company ReNew is set to list on Nasdaq on August 24, after RMG Acquisition Corp II’s shareholders agreed to the merger. RMG II is a blank cheque special purpose acquisition company (SPAC), through which ReNew is listing on New York’s stock exchange at a val ...ReadMore
At 100GW, India is now No. 4 in solar and wind energy capacity
Aug 14th, 2021; Source: The Times of India
India’s renewable energy capacity, excluding large hydroelectric projects, hit 100 GW (gigawatts) on Thursday, making it the world’s fourth largest in terms of total installed green energy capacity. The milestone is commendable for the world’s third-largest polluter as it has been achieved in ...ReadMore
ReNew enters hydro sector, buys L&T unit
Aug 12th, 2021; Source: Business Standard
Infrastructure major Larsen & Toubro (L&T) sold its 99-megawatt (Mw) hydro power project to ReNew Power, marking its entry in the hydro sector. Separately, ReNew, which is set to list on the New York Stock Exchange, also acquired 260 Mw/330Mwp of operating solar project in Telangana. I ...ReadMore
Clean energy jobs can drive post-Covid recovery
Oct 5th, 2020; Source: India Climate Dialogue
Renewable energy continues to create jobs worldwide and the industry has the potential to lead employment growth as countries start recovering from the Covid-19 pandemic. The global renewables sector added half a million jobs in 2019, according to the latest annual jobs report by the International R ...ReadMore
Why India may not achieve its 2022 clean energy target
Nov 3rd, 2019; Source: The Economics Times
“Payment delays and Andhra’s decision to renegotiate tariffs threaten to derail India’s clean energy plans.” India has come a long way in renewable energy in the past decade. The country’s installed capacity has risen sixfold to nearly 83 gigawatts (1 GW = 1,000 MW). And in the ...ReadMore