At ReNew, we are delighted to announce a significant milestone in our journey towards renewable energy leadership. We have achieved the remarkable milestone of generating over 10 gigawatts (GW) of renewable energy capacity, a testament to our commitment to driving positive change and shaping a greener future for generations to come. During the financial year 2023-24, ReNew added 1.9 GW of RE assets, comprising 1,174 MW of solar and 768 MW of wind power, leading the company to surpass the 10 GW landmark.
ReNew now stands among the world's top 10 renewable energy companies (excluding China), solidifying our position as a global leader in the sector
Our contribution to India's total solar and wind energy generation stands at approximately 10%, reflecting our significant impact on the nation's energy landscape.
The Company has India’s largest wind portfolio of 4.7 GW, representing 10.5 percent of India’s total wind energy capacity.
With a diversified portfolio encompassing solar, wind, and hybrid projects spread across 150+ RE sites in 10 Indian states, we are well-positioned to provide Round-The-Clock (RTC) power to the national grid, ensuring reliable and sustainable energy supply.
With a capacity close to 10 GW, ReNew will generate 21 billion units of clean electricity - enough to power 5.9 million households, and avoid 17 million tonnes of CO2 emissions annually. During the past seven years, ReNew helped avoid around 72 million tonnes of carbon emissions.
Through our social initiatives, we have positively impacted the lives of over 1 million individuals, underscoring our commitment to creating shared value and driving socio-economic development.
Our efforts have been recognized on a global scale, with the World Economic Forum (WEF) acknowledging ReNew as a Global Lighthouse for our industry-leading practices and contributions to sustainable development.
We are incredibly proud of the work we have done to reach this milestone. ReNew continues to be at the heart of India's transformation as a clean energy leader and our ambitions now are even bigger. We will double the amount of clean energy we generate over the next few years, while continuing our work to be completely carbon neutral as a company by 2040.
Prime Minister Narendra Modi has laid out a bold vision of trebling India’s renewable energy capacity by the end of the decade, and we are committed to ensuring that India becomes a global leader in clean energy.
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