ReNew Energy Global PLC

ReNew Energy Global Plc develops, builds, owns, and operates solar energy projects. It operates two segments: Wind Power and Solar Power. Wind power segment reflects the revenue earned from utility-scale wind energy projects in India and Solar power segment reflects the revenue earned from utility-scale and distributed solar energy projects in India. The company was founded by Sumant Sinha in 2011 and is headquartered in Gurugram, India.

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ReNew Power reports strong Q1 performance and aligns with global climate goals

ReNew Power's Q1 2023 earnings call highlighted the company's strong financial performance, organizational strengthening, and alignment with global climate goals. Despite challenges related to income from carbon credit sales and FX impact, the company is well-positioned to capitalize on the growing Indian renewable energy market.

RNW reports strong Q2 earnings, eyes growth in renewable energy

RNW's Q2 2023 earnings call highlighted robust financial performance, strategic partnerships, and ESG initiatives, while acknowledging challenges with outstanding payments and manpower productivity. The company is well-positioned to leverage opportunities in the renewable energy and green hydrogen sectors, supported by favorable government frameworks and funding commitments.

ReNew Energy reports solid Q3 earnings, eyes growth in green initiatives

ReNew Energy Global PLC's Q3 2023 earnings call highlighted strong financial performance, strategic strengths in the Indian renewable energy market, challenges with acquisitions and weather impacts, various growth opportunities in auctions and green initiatives, and a focus on disciplined value creation and ESG practices.

ReNew Energy Global PLC reports robust Q4 performance and outlines growth strategies for FY '24

ReNew Energy Global PLC's Q4 2023 earnings call highlighted strong financial performance, strategic initiatives in the renewable energy sector, and efforts to drive operational efficiency. The company's focus on ESG initiatives, debt refinancing, and growth projections for FY '24 position it for continued success in the market.

ReNew Energy reports robust Q1 growth amidst ESG focus

ReNew Energy Global PLC's Q1 2024 performance reflects strong growth, profitability, and a strategic focus on sustainability and manufacturing expansion.
While facing challenges such as payment delays and workforce management, the company is well-positioned to capitalize on opportunities in renewable energy and green hydrogen projects.
By addressing operational challenges, leveraging its strengths in ESG initiatives, and seizing growth opportunities, ReNew Energy is poised for continued success and expansion in the renewable energy sector.

ReNew Energy reports strong Q2 earnings, faces module supply challenges

ReNew Energy Global PLC's Q2 2024 performance reflects profitability driven by operational improvements and increased capacity.
The company's strengths lie in securing power agreements, financial discipline, and strong ESG initiatives.
Challenges include potential supply deficits, project execution bottlenecks, and asset sale gains not reflected in EBITDA.
Opportunities exist in strategic partnerships, government support for transmission expansion, and a stable project financing strategy.

ReNew Energy reports profitability, raises guidance amidst regulatory uncertainties

ReNew Energy Global PLC showcased strong financial performance, highlighted by profitability, positive cash flow, and improved operational metrics. The company's focus on wind projects and ESG initiatives, along with raised guidance for FY '24, indicate a positive outlook. Challenges include regulatory uncertainties and lower solar PLF in the quarter.

ReNew Energy exceeds earnings expectations, plans aggressive growth strategy

ReNew Energy Global PLC's Q4 FY '24 earnings call highlighted strong financial performance, ESG achievements, and growth plans. The company's focus on funding growth sustainably through asset monetization and commitment to social responsibility were key themes. Challenges include transmission charges and declining solar module prices, while opportunities lie in auction markets and higher IRRs for complex projects.

ReNew Energy Global PLC reports robust Q1 performance and growth opportunities

ReNew Energy Global PLC's Q1 FY'25 Earnings Call highlighted strong performance, emphasizing safety, ESG commitments, and disciplined bidding strategies. The company showcased strengths in safety records, gender diversity, and capital access. Challenges include managing revenue impact from lower PLFs and optimizing project performance assessments, while opportunities lie in portfolio expansion and enhancing ESG initiatives.

ReNew Energy reports robust Q2 earnings, poised for sustainable growth

ReNew Energy Global PLC's Q2 2025 earnings call reflects strong financial performance, operational efficiency, and a strategic focus on sustainability and shareholder value creation.
The company's strengths lie in its alignment with global clean energy trends, commitment to cost optimization, and positive social impact through CSR initiatives.
While facing challenges in market dynamics and operational stability, ReNew has opportunities to drive growth, margin expansion, and brand differentiation through sustainability efforts.

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ReNew Energy Global Plc is a decarbonization solutions company, which engages in the research and development of renewable energy sources. It operates through the following segments: Wind Power, Solar Power, Hydro Power, and Transmission Line. The Wind Power segment relates to the utility-scale wind energy projects in India. The Solar Power segment refers to the utility-scale and distributed solar energy projects in India. The Hydro Power segment focuses on hydro energy projects in India. The Transmission Line segment represents the construction and maintenance of transmission lines. The company was founded by Sumant Sinha and Vaishali Nigam Sinha in 2011 and is headquartered in Gurugram, India.

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Disappointing quarter with EPS missed by $0.09 and revenue missed by $21.4mn, despite 9M YoY results demonstrating strength in revenue growth of 23%. However, ReNew Energy Global stands out with its differentiated focus, which puts the company at a unique advantage over the long run with higher than plain vanilla return opportunities.

ReNew Energy Global: A Differentiated Long-Term Play

ReNew Energy Global Plc (NASDAQ:RNW ) Q3 2023 Earnings Conference Call February 17, 2023 8:30 AM ET Company Participants Nathan Judge - IR Sumant Sinha - Founder, Chairman & CEO Kedar Upadhye - CFO Conference Call Participants Morgan Reid - Bank of America Nikhil Nigania - Sanford C. Bernstein Justin Clare - ROTH Capital Partners Amit Bhinde - Morgan Stanley Puneet Gulati - HSBC Angie Storozynski - Seaport Research Partners Operator Thank you for standing by and welcome to the ReNew's Third Quarter Fiscal Year 2023 Earnings Conference Call.

Renew Energy Global PLC (RNW) Q3 2023 Earnings Call Transcript

ReNew Energy Global PLC (RNW) delivered earnings and revenue surprises of -87.50% and 9.77%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

ReNew Energy Global PLC (RNW) Reports Q3 Loss, Misses Revenue Estimates

GURUGRAM, India , Feb. 17, 2023 /PRNewswire/ -- ReNew Energy Global Plc ("ReNew" or "the Company") (NASDAQ: RNW) (NASDAQ: RNWWW), a leading decarbonisation solutions company, today announced its consolidated results for Q3 FY23 and nine months ended December 31, 2022. Operating Highlights: As of December 31, 2022, the Company's portfolio consisted of 13.4 GWs, a 30.2% increase year on year, of which 7.8 GWs are commissioned and 5.6 GWs are committed.

ReNew Announces Results for the Third Quarter (Q3 FY23) and Nine Months of Fiscal 2023, both ended December 31, 2022

ReNew's ESG performance rated best among electric utilities & IPPs in India and second globally GURUGRAM, India , Feb. 15, 2023 /PRNewswire/ -- ReNew Energy Global PLC, India's leading renewable energy Independent Power Producers (IPPs), has been recognized by leading financial market data provider Refinitiv for outstanding Environmental, Social and Governance (ESG) performance. The renewable energy pioneer has scored 81.22/100 on ESG performance, sitting at the top of all electric utilities & IPPs in India, and second overall globally for FY 21-22.

ReNew recognized as one of the best companies globally for ESG performance by Refinitiv

The Indian government is serious about supporting dramatic energy transition and decarbonization of the economy. Green funds in India need investable projects. With strong international institutional ownership, RNW is a good place to satisfy funding requirements.

Indian Renewables Developments Look Interesting For ReNew Energy Global

GURUGRAM, India , Feb. 10, 2023 /PRNewswire/ -- ReNew Energy Global plc ("ReNew") (NASDAQ: RNW) (NASDAQ: RNWWW), India's leading renewable energy company, today announced it will issue its third quarter (October-December 2022) fiscal year 2023 earnings report after the close of the Nasdaq on February 16, 2023. A conference call has been scheduled to discuss the earnings results at 8:30 AM ET (7:00 PM IST) on February 17, 2023.

ReNew Announces Date and Conference Call Details for Q3 FY 23 Earnings Report

GURUGRAM, India , Dec. 16, 2022 /PRNewswire/ -- ReNew Power ("ReNew" or "the Company") (NASDAQ: RNW) (NASDAQ: RNWWW), India's leading renewable energy company, today announced that it has signed a renewable energy agreement of 150 MW with Microsoft India, in one of the largest such deals in the country. As part of the arrangement, ReNew will produce 150 MW of clean energy from a recently commissioned solar site near Bikaner.

ReNew Power signs 150 MW Agreement with Microsoft

Renew Energy Global PLC (NASDAQ:RNW ) Q2 2023 Earnings Conference Call November 16, 2022 8:30 AM ET Company Participants Nathan Judge - IR Sumant Sinha - Founder, Chairman & CEO Kedar Upadhye - Group CFO Vaishali Sinha - Chair, ReNew Foundation & Chief Sustainability Officer Conference Call Participants Justin Clare - ROTH Capital Partners Nikhil Nigania - Sanford C. Bernstein & Co. Puneet Gulati - HSBC Amit Bhinde - Morgan Stanley Operator Thank you for standing by, and welcome to the ReNew Power Second Quarter 2023 Earnings Conference Call.

Renew Energy Global PLC (RNW) Q2 2023 Earnings Call Transcript

ReNew Energy Global PLC (RNW) delivered earnings and revenue surprises of -142.86% and 2.17%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

ReNew Energy Global PLC (RNW) Reports Q2 Loss, Misses Revenue Estimates

GURUGRAM, India , Nov. 15, 2022 /PRNewswire/ -- ReNew Energy Global Plc ("ReNew" or "the Company") (Nasdaq: RNW) (Nasdaq: RNWWW), India's leading renewable energy company in terms of total commissioned capacity, today announced its consolidated results for Q2 FY23 ended September 30, 2022. Sumant Sinha, Chairman and CEO, ReNew, said "ReNew continues to lead the energy transition in India and during the quarter, we signed 1 GW of purchase power agreements as a preferred partner for carbon-mitigation solutions.

ReNew Announces Results for the Second Quarter of Fiscal Year 2023 (Q2 FY23), ended Sept 30, 2022

GURUGRAM, India, Nov. 8, 2022 /PRNewswire/ -- ReNew Energy Global plc ("ReNew" or "the Company") (NASDAQ: RNW) (NASDAQ: RNWWW), India's leading renewable energy company, today announced it will issue its second quarter (July-September 2022) fiscal year 2023 earnings report after the close of the Nasdaq on November 15, 2022. A conference call has been scheduled to discuss the earnings results at 8:30 AM ET (7:00 PM IST) on November 16, 2022.

ReNew Announces Date and Conference Call Details for Q2 FY 23 Earnings Report

24/7 power in India from renewables plus batteries is implemented at small and commercial scale. There is huge upside for this emerging opportunity. ReNew Energy Global is a major renewables player in India with a JV with Fluence on energy storage and management. Fluence has also setup a major Technology Centre in India.

ReNew Energy Global: Big Upside For Participating In Indian Renewables Growth

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ReNew Energy Global Plc (NASDAQ:RNW ) Q1 2023 Earnings Conference Call August 19, 2022 8:30 AM ET Company Participants Nathan Judge - Investor Relations Sumant Sinha - Founder, Chairman and Chief Executive Officer Kedar Upadhye - Chief Financial Officer Vaishali Nigam Sinha - Chief Sustainability Officer Conference Call Participants Kody Clark - Bank of America Justin Clare - ROTH Capital Partners Operator Thank you for standing by and welcome to the ReNew Energy First Quarter 2023 Earnings Call. All participants are in a listen-only mode.

ReNew Energy Global Plc (RNW) CEO Sumant Sinha on Q1 2023 Results - Earnings Call Transcript

GURUGRAM, India , Aug. 18, 2022 /PRNewswire/ -- ReNew Energy Global Plc ("ReNew" or "the Company") (Nasdaq: RNW, RNWWW), India's leading renewable energy company in terms of total commissioned capacity, today announced its consolidated results for Q1 FY23 ended June 30, 2022.     Operating Highlights: As of June 30, 2022, the Company's portfolio consisted of 12.9 GWs, a 30.3% increase year on year, of which 7.6 GWs are commissioned and 5.3 GWs are committed.

ReNew Power Announces Results for the First Quarter of Fiscal Year 2023 (Q1 FY23), ended June 30, 2022

Oversubscribed 1.4X, highlighting ReNew's strong financial profile Consortium of 12 international lenders, including seven first-time project lenders to ReNew Largest renewable project with 1,300-MW capacity; unique project with Round-the-Clock (RTC) power supply, battery-enabled hybrid capacity Single-largest project finance facility for single Indian renewable energy project at highly competitive pricing GURUGRAM, India , Aug. 17, 2022 /PRNewswire/ -- ReNew Energy Global plc ("ReNew" or "the Company") (NASDAQ: RNW) (NASDAQ: RNWWW), India's leading clean energy company, today announced that it has tied up with 12 international lenders, led by Rabobank, for the largest External Commercial Borrowings (ECB) project finance loan in the country's renewable sector, for any single project. As ReNew rapidly builds its total portfolio, this US$ 1-billion loan has been tied up through a special purpose vehicle and will be deployed for its hybrid Round-the-Clock (RTC) battery-enabled project.

ReNew ties-up US$ 1-billion ECB consortium loan for largest single-project funding in Indian RE sector

GURUGRAM, India , Aug. 12, 2022 /PRNewswire/ -- ReNew Energy Global plc ("ReNew" or "the Company") (Nasdaq: RNW) (Nasdaq: RNWWW), India's leading renewable energy company, today announced it will issue its first quarter fiscal year 2023 earnings report after the close of the market on August 18, 2022. A conference call has been scheduled to discuss the earnings results at 8:30 a.m.

ReNew Announces Date and Conference Call Details for Q1 FY 23 Earnings Report

GURUGRAM, India , July 27, 2022 /PRNewswire/ -- ReNew Energy Global Plc ("ReNew" or "the Company") (NASDAQ: RNW) (NASDAQ: RNWWW) announced that it has filed its annual report on form 20-F for the financial year ended March 31, 2022, with the Securities and Exchange Commission of the United States. The annual report on form 20-F can be accessed on the Investor Relations Section of ReNew's website at https://investor.renewpower.in/ and on the website of the U.S. Securities and Exchange Commission at www.sec.gov.

ReNew Energy Global Plc files its Annual Report on Form 20-F for Financial Year ended March 31, 2022

Refinancing slashes interest cost by 200 basis points Redeems US$ 525 million of outstanding bonds through longer-term financing GURUGRAM, India , July 12, 2022 /PRNewswire/ -- ReNew Energy Global plc ('ReNew' or 'the Company') (NASDAQ: RNW) (NASDAQ: RNWWW), India's leading renewable energy company, announced today that it has successfully refinanced its 2024 maturity dollar-denominated bonds with amortising project debt from an Indian nonbank financial company, becoming the first Indian renewable energy company to do so. ReNew issued bonds ('RPVIN 6.67% 24s' or 'Bonds') worth US$ 525 million in 2019, which were set to mature in 2024.

ReNew Becomes First Indian Renewable Energy Company To Refinance Dollar-Denominated Bonds

GURUGRAM, India , July 11, 2022 /PRNewswire/ -- ReNew Energy Global Plc ("ReNew" or "the Company") (NASDAQ: RNW) (NASDAQ: RNWWW) today announced that it will hold its first Annual General Meeting (AGM) of shareholders in London, United Kingdom, on August 19, 2022. The Company will propose resolutions at the AGM to (i) receive the U.K. Companies Act annual accounts and reports of the Company for the financial year ended March 31, 2022, (ii) to approve the directors' remuneration report of the Company for the financial year ended March 31, 2022, (iii) to approve directors' remuneration policy of the Company, (iv) to (ix) to approve the appointment of non-executive independent directors: Ram Charan; Manoj Singh; Robert S.

ReNew Energy Global Plc to hold its first Annual General Meeting on August 19, 2022

ReNew Energy Global plc (NASDAQ:RNW ) Q4 2022 Earnings Conference Call June 15, 2022 8:30 AM ET Company Participants Nathan Judge - Investor Relations Sumant Sinha - Founder, Chairman and Chief Executive Officer Kedar Upadhye - Chief Financial Officer Vaishali Sinha - Chief Sustainability Officer, ReNew & Chair, ReNew Foundation Kailash Vaswani - President, Finance Conference Call Participants Justin Clare - ROTH Capital Partners Kody Clark - Bank of America Nikhil Nigania - Alliance Bernstein Operator Thank you for standing by and welcome to the ReNew Energy Fourth Quarter Full Year 2022 Earnings Conference Call. All participants are in a listen-only mode.

ReNew Energy Global plc (RNW) CEO Sumant Sinha on Q4 2022 Results - Earnings Call Transcript

GURUGRAM, India , June 14, 2022 /PRNewswire/ -- ReNew Energy Global plc ("ReNew" or "the Company") (Nasdaq: RNW, RNWWW), India's leading renewable energy company, today announced its consolidated results for Q4 FY22 and the fiscal year ended March 31, 2022. Operating Highlights The commissioned capacity of the Company rose by 0.13 GWs during Q4 FY22.

ReNew Announces Results for the Fourth Quarter (Q4 FY22) and Fiscal Year 2022, both ended March 31, 2022

GURUGRAM, India , June 8, 2022 /PRNewswire/ -- ReNew Energy Global plc ("ReNew" or "the Company") (NASDAQ: RNW) (NASDAQ: RNWWW), India's leading renewable energy company, today announced it will issue its fourth quarter (January-March 2022) earnings report for FY22 after the close of the market on June 14, 2022. A conference call has been scheduled to discuss the earnings results at 8:30 AM EDT (6:00 PM IST) on June 15, 2022.

News for ReNew Energy Global PLC Stock (RNW)