RENEW ENERGY GLOBAL PLC

(RNW)
  Report
Real-time Estimate Quote. Real-time Estimate Cboe BZX - 05/24 12:05:45 pm
6.765 USD   -1.96%
05/10ReNew Energy Global plc Appoints Kedar Upadhye as CFO
CI
05/10ReNew Energy Global plc Announces Executive Changes
CI
04/28SECTOR UPDATE : Energy Stocks, Crude Oil Add to Prior Thursday Advance
MT
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Renew Power Reaches 7.4 GW of Operating Renewable Energy Capacity in Surge of On-Ground Additions

12/21/2021 | 03:54am EDT

ReNew Power announced it has commissioned the 300 MW SECI-6 solar project, pushing the company's total operating capacity to its highest level ever of 7.4 GW. Driving this growth is a record installation of 1.5 GW of renewable energy projects this fiscal year (FY22 YTD), despite challenges related to COVID-19 and supply chain disruptions. ReNew is on track to meet its goal of 8.2 GW of operating capacity by the end of FY22. In FY21, ReNew finished the year with an operating capacity of 5.6 GW. The bulk of ReNew's organic capacity addition that led it to surge past the 7 GW landmark is located in the states of Rajasthan and Gujarat. The 1.5 GW capacity addition in the current fiscal year comprises more than 1.3 GW of utility scale solar projects. These include 1.2 GW in Rajasthan, 105 MW in Gujarat, and 20 MW in Maharashtra. In wind projects, over 150 MW has been installed, including 136 MW in Karnataka and 22 MW in Gujarat. All these capacity additions in FY22 are expected to offset over 75,000 mn tCo2e of carbon emissions cumulatively. Around 1.05 GW of this organic capacity addition has a PPA with the Solar Energy Corporation of India ("SECI"), an entity owned by the Government of India, for 25 years.


© S&P Capital IQ 2021
All news about RENEW ENERGY GLOBAL PLC
05/10ReNew Energy Global plc Appoints Kedar Upadhye as CFO
CI
05/10ReNew Energy Global plc Announces Executive Changes
CI
04/28SECTOR UPDATE : Energy Stocks, Crude Oil Add to Prior Thursday Advance
MT
04/28SECTOR UPDATE : Energy Stocks, Crude Oil Rising Thursday
MT
04/07ReNew Secures Investment from Japan's Mitsui for RTC Renewable Energy Project in India
MT
04/06SECTOR UPDATE : Energy Stocks Gain Premarket Wednesday
MT
04/06ReNew Energy Global Finalizes Partnership with Mitsui for India Project
MT
04/06Mitsui to invest in ReNew Power's Round-The-Clock project
PR
04/06RENEW ENERGY GLOBAL : Mitsui to invest in ReNew Power's Round-The-Clock project
PU
04/05CAPITALGAINSREPORT : 'Need To Know' Renewable Energy Sector Microcaps in Q2 (AREC, ASTI, R..
AQ
More news
Analyst Recommendations on RENEW ENERGY GLOBAL PLC
More recommendations
Financials
Sales 2022 68 567 M 885 M 885 M
Net income 2022 -17 138 M -221 M -221 M
Net Debt 2022 357 B 4 613 M 4 613 M
P/E ratio 2022 -2,35x
Yield 2022 -
Capitalization 214 B 2 766 M 2 766 M
EV / Sales 2022 8,34x
EV / Sales 2023 7,44x
Nbr of Employees 1 219
Free-Float 52,7%
Chart RENEW ENERGY GLOBAL PLC
Duration : Period :
ReNew Energy Global plc Technical Analysis Chart | RNW | GB00BNQMPN80 | MarketScreener
Technical analysis trends RENEW ENERGY GLOBAL PLC
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 6
Last Close Price 534,73 INR
Average target price 982,26 INR
Spread / Average Target 83,7%
EPS Revisions
Managers and Directors
Sumant Sinha Chairman & Chief Executive Officer
Kailash Vaswani Chief Financial Officer
Balram Mehta Chief Operating Officer
Vanitha Narayanan Independent Director
Michelle Robyn Grew Independent Director