ReNew Energy

India | Finance | News

ReNew narrows Q3 loss to Rs 198 million; income up 48%
By February 18, 2026February 18, 2026

ReNew Energy Global Plc reported a net loss of Rs 198 million (US$ 2 million) for the third quarter of fiscal year 2026, compared with a loss of Rs 3,879 million (US$ 43 million) in the same period last year. Total income for the quarter increased 48% year-on-year to Rs 31,372 million (US$ 349 million), supported by higher operational capacity, improved wind plant load factors and external sales from solar module and cell manufacturing. For…

Read More ReNew narrows Q3 loss to Rs 198 million; income up 48%
India | News | Renewable Energy

ReNew Energy secures $331 million ADB loan for hybrid project
By November 12, 2025November 12, 2025

ReNew Energy has received $331 million in debt financing from the Asian Development Bank (ADB) to develop a large-scale clean energy project in Andhra Pradesh. The financing includes up to $291 million in local currency from ADB’s ordinary capital resources and $40 million from the ADB-administered Leading Asia’s Private Infrastructure Fund 2. The loan forms part of a $477 million financial package, with the remaining $146 million expected to be mobilised by ADB through other…

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India | Finance | News

ReNew Energy net profit declines 5%, Torrent Power and others post strong Q2 growth
By November 12, 2025November 12, 2025

ReNew Energy reported a 5.3% year-on-year drop in its consolidated net profit to Rs 467.5 crore for the September quarter (Q2 FY26), compared to Rs 493.9 crore in the same period last year. The company’s total income, however, rose to Rs 3,855.7 crore from Rs 2,988.7 crore, driven by higher revenues across its operating segments. According to the company, net profit for Q2 FY26 stood at Rs 4,675 million (USD 53 million) against Rs 4,939…

Read More ReNew Energy net profit declines 5%, Torrent Power and others post strong Q2 growth
India | News | Renewable Energy

Sembcorp to acquire 300 MW ReNew solar project in Rajasthan
By October 10, 2025October 28, 2025

Sembcorp Industries, through its subsidiary Sembcorp Green Infra Private Limited (SGIPL), has signed an agreement to acquire ReNew Sun Bright Private Limited from ReNew Private Limited for approximately S$246 million. According to the company, the transaction will be financed through a mix of internal funds and external borrowings. It is expected to close in the first half of 2026, pending regulatory and other standard approvals. After the deal is completed, Sembcorp’s total renewable energy portfolio…

Read More Sembcorp to acquire 300 MW ReNew solar project in Rajasthan
India | News

ReNew secures Rs 8.7 billion from BII for solar cell manufacturing
By May 8, 2025May 8, 2025

ReNew Energy Global has secured an investment of Rs 8.7 billion from British International Investment (BII) in its subsidiary, ReNew Photovoltaics. This is BII’s first investment in India’s solar manufacturing sector and involves the acquisition of a minority stake in the subsidiary. The funding will be used to build a new 4 GW TOPCon solar cell facility in Dholera, Gujarat. Once complete, ReNew’s total manufacturing capacity will rise to 6.4 GW of solar modules and…

Read More ReNew secures Rs 8.7 billion from BII for solar cell manufacturing