13 February 2023
ReNew Power, one of the leading decarbonisation companies, has made a strategic decision to rebrand itself as ReNew.
The new brand identity reflects the company’s transition from being a pure-play renewable Independent Power Producer to an end-to-end provider of solutions across the decarbonisation spectrum. In line with its strategy to focus on the overall clean energy eco-system, ReNew has been leading the development of emerging decarbonisation solutions like green hydrogen, energy storage, carbon markets, and solar manufacturing, and is poised to further the Net-Zero transition goals of enterprises. The Company has been a pioneer in leveraging digital technologies to accelerate the transition to green energy and address the unique requirements of the B2B segment in India, where it enjoys market leadership. ReNew’s new identity will reinforce its position as a leader in the energy services space and also a global brand with strong roots in India.
Speaking on the occasion, Sumant Sinha, Chairman and CEO, ReNew, said, “ReNew aims to provide solutions that will enable companies and countries to make a rapid, urgent and ethical transition towards clean energy. ReNew’s endeavour is to build on its renewable energy business, and widen its offerings across the spectrum, that support decarbonisation within the context of the future of energy”.
According to industry estimates, global power consumption is likely to triple by 2050 as electrification and living standards grow. De-carbonisation will play a critical role in meeting sustainable development goals (SDGs) and strengthen the global action against climate change.
Over the past decade, ReNew has helped steer India’s journey towards renewables by amplifying solar and wind power generation. Visually, ReNew’s new identity retains most key elements of what the company does and is representative of its focus on helping build a fossil-free world and furthering a transition that is just and inclusive.