Renew Group

What Renew Group does

Renew Group is a Singapore-headquartered, privately-held for-profit company founded in 2012 that describes itself as investing in innovative products based on proven technologies. The company operates a workforce of 251-500 employees and concentrates its operational activity in South Asia, specifically India, through its wholly-owned core operating subsidiary, ReNew Surya Ojas Private Limited. The subsidiary was established to develop hybrid renewable power plants that combine solar and wind generation with battery energy storage systems; its flagship asset is a hybrid renewable power plant in Karnataka, India capable of delivering up to 300 MW to the grid.

The company's product architecture is utility-scale renewable generation oriented toward peak-demand power supply, positioning it within the broader global peaking power plant market, which third-party sources project to grow from $120.17 billion in 2025 to $162.97 billion in 2030 at a 6.3% CAGR. The integration of solar, wind, and battery storage is intended to provide dispatchable renewable energy to address variability and peak-load requirements. The company's own website (renewgpl.com) was not loadable in the source extraction, and the firm's broader product portfolio, customer relationships, management team, funding history, revenue base, and ownership structure are not disclosed in the available material.

Renew Group's revenue mechanics and business model are not evidenced in the source data — there is no pricing information, no customer list, no disclosed revenue figure, and no go-to-market detail. Based on industry norms, utility-scale renewable generators of this size typically monetize through long-term Power Purchase Agreements (PPAs) with state-owned or central electricity distribution companies in India, but this is not directly confirmed for Renew Group. The ownership structure is similarly opaque: no investors, founders, parent entities, or control dynamics are referenced, representing a material data gap for diligence purposes.

Name

Renew Group

Website

https://renewgpl.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

251–500 employees

Short description

Renew Group is a Singapore-based private company founded in 2012 that invests in proven-technology products, operating a 251-500 employee workforce primarily through its Indian subsidiary ReNew Surya Ojas, which develops utility-scale hybrid renewable power plants combining solar, wind, and battery storage.

Ownership category

akta.pro rank

Product category

Renewable Power Generation

NAICS

Solar Electric Power Generation (221114), Wind Electric Power Generation (221115)

SIC

Electric Services (4911)

akta.pro primary industry

Hybrid Wind Power Plants (Wind+Solar+Storage Co-located) (EUACAFAH)

akta.pro secondary industries

Hybrid PPAs (Renewables + Storage) & Firm Renewable Products (EUAGADAI), Commissioning, Testing & Energization Services (Pre-Commissioning, Grid Code Compliance) (EUAMAFAK)

Keywords

• Renewable power generation
• Hybrid energy systems
• Solar wind storage
• Peaking power plants
• Battery energy storage

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Supply Chain, Operations, Personnel, Technology or R&D

Core offering

Renew Group, through its wholly-owned subsidiary ReNew Surya Ojas Private Limited, develops hybrid renewable power plants that combine solar and wind energy generation with battery energy storage systems. The company's current operating asset is a hybrid renewable power facility in Karnataka, India capable of delivering up to 300 MW of power to the grid.

Product overview

Renew Group operates through ReNew Surya Ojas Private Limited, developing hybrid renewable power plants that integrate solar and wind energy generation with battery energy storage systems. The company focuses on delivering renewable energy solutions for peak demand scenarios, with current operations including a hybrid facility in Karnataka, India capable of delivering up to 300 MW to the grid.

Differentiator

Problem solved

Functional benefit

Products and services

• Hybrid Renewable Power Plant (Karnataka, India) A hybrid renewable power facility in Karnataka, India combining solar and wind energy generation with battery energy storage systems, delivering up to 300 MW of power to the grid.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Expansion highlights2 records

Direct peers

• ReNew Power: India's largest renewable energy independent power producer with multi-GW portfolio of solar, wind, and hybrid projects. Direct competitor for hybrid renewable tenders and offtake contracts in the same Indian market.
• Adani Green Energy: One of the largest renewable IPPs in India with significant hybrid and round-the-clock (RTC) renewable projects. Directly comparable as a hybrid renewable developer competing for the same SECI and state tenders.
• Greenko Group: Indian renewable IPP with significant hybrid pumped-storage and integrated renewable projects. Operates in the same hybrid renewable niche with similar technology stack (solar/wind + storage) and Indian market focus.
• Azure Power: India-focused renewable energy IPP developing utility-scale solar and wind projects. Comparable as a smaller-scale Indian developer pursuing similar project types and customer segments.
• Hero Future Energies: Indian renewable energy developer with portfolio spanning solar, wind, and hybrid projects. Comparable scale and market positioning as a private IPP pursuing similar technology mix.
• Innergex Renewable Energy: Canadian independent renewable power producer with portfolio including wind, solar, and battery storage hybrid projects. Comparable as a smaller-scale renewable IPP pursuing integrated solar+wind+storage configurations.

Broad incumbents

• Tata Power Renewable Energy: Renewable arm of Tata Power, one of India's largest integrated power utilities. Develops utility-scale solar, wind, and hybrid projects with established balance sheet and PPA execution capabilities.
• JSW Energy: Indian power company actively expanding renewable and hybrid generation capacity. Competes with Renew Group for renewable project development opportunities and offtake contracts.
• Engie: Global energy major with significant renewable generation portfolio including hybrid solar+storage projects globally and in India. Provides benchmark for international renewable IPP operations and capital structure.
• NextEra Energy Resources: World's largest generator of wind and solar energy with extensive battery storage portfolio. Comparable as a global leader in hybrid renewable generation, though operating primarily in North America.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/renewgpl

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Renew Group