ReNew Power

ReNew Power

Gurugram, Haryana, India

Team size: 1001 - 5000

Sector: Energy

About ReNew Power

Founders: Sumant Sinha

Founded date: 2011


Company revenue: US$ 1 - 10 billion

Investors: Abu Dhabi Investment Authority, Asian Development Bank, Goldman Sachs, Rabobank, Yes Bank

Company stage: Other

ReNew Power is a wind energy firm based in India. Their goal is to become one of the leading renewable energy producers in India, initially focusing on purchasing and operating the majority of wind farms in India. ReNew Wind Power was founded by Sumant Sinha, with a vision to help India meet its renewable energy targets. The company has signed business framework agreements with Kenersys GmBH, Regen Powertech Pvt and Suzlon Energy Ltd. to establish and ope rate wind farms throughout India and will expand its wind portfolio by 200-300 megawatts annually. ReNew Wind Power has several wind projects under development, including a 25 megawatt wind farm in Gujarat and 60 megawatt wind farm in Maharashtra. By 2015 the company aims to reach a 1 gigawatt capacity.

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