ReNew, among the largest clean energy companies globally, completed construction of 1.94 GW of RE assets in FY24, taking the cumulative capacity set up by the company to over ten GW. Accounting for assets sold, the company’s revenue generating capacity stands at 9.52 GW as on March 31, 2024. The company added 1,174 MW of solar and 768 MW of wind energy during FY24. This is one of the highest ever capacity additions of wind energy among all companies in India, in a single year.
In FY24, ReNew contributed approximately ten percent of India’s total solar and wind energy generation. The company has India’s largest wind portfolio of 4.7 GW, representing 10.5 percent of India’s total wind energy capacity.
As per the press release, in 2023-24, ReNew won auctions to supply 4.8 GW (PPA) RE capacity, accounting for 10.1 percent of the total capacity for which tenders were concluded during the year. Looking ahead, this would enable the company to double our RE asset portfolio to 20 GW by 2027/28.
