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.

Earnings data Q1 2023

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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.

NEW DELHI--(BUSINESS WIRE)---- $RNW #Europeanbank--ReNew and Societe Generale sign MoU for USD 1 Billion to broaden collaboration on energy transition projects.

ReNew and Societe Generale sign MoU for USD 1 Billion to broaden collaboration on energy transition projects

Brookfield Renewable Partners

iShares Global Clean Energy ETF

As the global push for sustainability gains momentum, investors are eyeing renewable energy stocks to buy. Currently, an increasing number of nations are committing to tripling installed renewable energy generation capacity by 2030 in pursuit of the 1.5°C climate goal.

Renewable Energy Risers: 3 Stocks Powering the Global Green Shift

GURGAON, India--(BUSINESS WIRE)---- $RNW #CleanEnergy--ReNew, India's leading renewable energy company, has announced the signing of five Power Purchase Agreements totaling ~2.2 GW of RE capacity.

ReNew Signs 2.2 GW of PPAs Boosting its Clean Energy Portfolio to 15.6 GW

GURGAON, India--(BUSINESS WIRE)---- $RNW #CUF--ReNew partners with JERA to evaluate joint development of Green Ammonia Project in India.

ReNew partners with JERA to evaluate Joint Development of Green Ammonia Project in India

NEW DELHI--(BUSINESS WIRE)---- $RNW #CO2emissions--ReNew announced it has completed construction of 1.94 GW of RE assets in FY24, taking the cumulative capacity set up by the company to over 10 GW.

ReNew Crosses 10 GW of Gross Renewable Energy Assets

Enphase Energy

Fluence Energy

The world is undeniably dependent on nonrenewable fossil fuels for energy. The fact that fossil fuels will eventually run out is a significant issue at hand.

Big Oil's New Rivals: 3 Clean Energy Stocks Leading the Charge

ReNew Energy Global: The Indian Renewables Opportunity Is Opening Up

ReNew Energy Global Plc (RNW) Q3 2024 Earnings Call Transcript

ReNew Energy Global PLC (RNW) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to loss of $0.15 per share a year ago.

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

GURUGRAM, India--(BUSINESS WIRE)---- $RNW #IFRS--ReNew Energy Global Plc today announced its unaudited consolidated IFRS results for Q3 FY24 and nine months ended December 31, 2023.

ReNew Announces Results for the Third Quarter and Nine Months of Fiscal Year 2024: Increases the bottom end of Adjusted EBITDA guidance for FY24 by 2%

GURUGRAM, India--(BUSINESS WIRE)---- $RNW #Nasdaq--ReNew will issue its third quarter (October-December 2023) fiscal year 2024 earnings report before the Nasdaq opens on February 20, 2024.

ReNew Announces Date and Conference Call Details for Q3 FY 24 Earnings Report

GURUGRAM, India--(BUSINESS WIRE)---- $RNW #IndiaGreenEnergy--ReNew Energy Global plc on Friday announced the refinancing of Non-Convertible Debentures (NCDs) worth INR 23,910 million.

ReNew Refinances US$ 325 Million Debt Three Months Ahead of Maturity

GURUGRAM, India--(BUSINESS WIRE)---- $RNW #IndiaGridTrust--ReNew announced on Monday that it has signed a Share Purchase Agreement with India Grid Trust to sell a 300 MW solar project in Rajasthan.

ReNew Signs Contract to Sell 300 MW Solar Project at a Valuation of $199 Million

Constellation Energy Corp

NEXTracker Inc

The International Energy Agency projects cumulative world renewable capacity to reach more than 4500 gigawatts (GW) at the end of 2024. This should encourage one to buy stocks like CEG, RNW and NXT.

3 Renewable Energy Stocks Poised to Beat the Market in 2024

GURUGRAM, India--(BUSINESS WIRE)---- $RNW #COP28--ReNew's Round-the-Clock Power Project was felicitated at a dedicated ceremony at Expo City Dubai.

COP28 Presidency Recognises ReNew as Clean Energy Transition Changemaker

GURUGRAM, India--(BUSINESS WIRE)---- $RNW #ADB--The MoU was signed at COP28 by ReNew Chairman Sumant Sinha & Suzanne Gaboury, ADB Director General, Private Sector Operations.

ReNew Signs MoU with Asian Development Bank for US$ 5.3 billion

Central Garden & Pet Company

Enlight Renewable Energy Ltd

NVIDIA

After beating quarterly earnings estimates on Monday, here are three stocks to consider as these companies look poised to take market share in their respective industries.

3 Stocks to Watch After Impressive Earnings Beats This Week

Denison Mines

Northeast Community Bancorp

Tim SA

Denison Mine Corp (DNN), TIM (TIMB), ReNew Energy Global (RNW) and Northeast Community Bancorp (NECB) have been selected as the breakout stocks for today.

4 Best Breakout Stocks to Invest in for Solid Returns

The mean of analysts' price targets for ReNew Energy Global PLC (RNW) points to a 26% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts Think ReNew Energy Global PLC (RNW) Could Surge 25.95%: Read This Before Placing a Bet

ReNew Energy Global Plc (NASDAQ:RNW ) Q2 2024 Earnings Conference Call November 20, 2023 8:30 AM ET Company Participants Nathan Judge - Head of IR Sumant Sinha - Founder, Chairman, and CEO Kailash Vaswani - CFO Vaishali Nigam Sinha - Co-Founder and Chairman, Sustainability Conference Call Participants Puneet Gulati - HSBC Justin Clare - ROTH MKM Nikhil Nigania - Bernstein Angie Storozynski - Seaport Operator Thank you for standing by, and welcome to the ReNew's Second Quarter Fiscal Year '24 Earnings Report. All participants are in a listen-only mode.

ReNew Energy Global Plc (RNW) Q2 2024 Earnings Call Transcript

GURUGRAM, India--(BUSINESS WIRE)---- $RNW #EBITDA--ReNew Energy Global Plc today announced its consolidated unaudited IFRS results for the three-month period ended September 30, 2023.

ReNew Announces Results for Second Quarter and Half Year Results for Fiscal Year 2024: US$81 million PAT for H1 FY24, Raises EBITDA Guidance for FY24

GURUGRAM, India--(BUSINESS WIRE)---- $RNW #CentralTransmissionUtility--ReNew successfully commissions its first Interstate Transmission Scheme (ISTS) project following investment from Norfund and KLP.

ReNew Successfully Commissions Its First Interstate Transmission Scheme (ISTS) Project Following Investment From Norfund and KLP

GURUGRAM, India--(BUSINESS WIRE)---- $RNW #ConferenceCall--ReNew today announced it will issue its second quarter fiscal year 2024 earnings report before opening of the Nasdaq on November 20, 2023.

ReNew Announces Date and Conference Call Details for Q2 FY 24 Earnings Report

GURUGRAM, India--(BUSINESS WIRE)---- $RNW #CSRprogrammes--ReNew Energy Global Plc today released its Sustainability Report for FY22-23, titled ‘Driving Decarbonisation'.

ReNew Releases Third Sustainability Report: Driving Decarbonisation

The world of energy stocks is going through changes nearly every week. The swings in the price of oil are sending further shocks that investors are only beginning to digest as part of a new normal.

News for ReNew Energy Global PLC Stock (RNW)