India's Renewables Expansion Threatened by Poor Weather Data [Financial Post (Toronto, Ontario, Canada)]
ReNew Energy Global plc - Class A Shares (RNW)
Company Research
Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly. India needs to upgrade the way it monitors weather so its clean energy infrastructure can reach its full potential, according to industry leaders. “Our understanding of weather is not as good as it needs to be,” Amit Singh, chief executive of Adani Green Energy Ltd., said at the annual BloombergNEF Summit in New Delhi on Thursday. Low weather station density and infrequent measurements have contributed to wind farms' lackluster performance in India, he said. An inability to accurately forecast the weather makes it difficult to optimize renewable energy production and can influence safety and profitability of projects, said Yogesh Patil, CEO of forecaster Skymet W
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RNW
News
- ReNew Energy Global Plc (NASDAQ: RNW) had its price target lowered by analysts at Roth Mkm from $8.00 to $7.50. They now have a "buy" rating on the stock.MarketBeat
- ReNew Announces Results for the Third Quarter of Fiscal Year 2025 (Q3 FY25); Registers 26% Increase in Operating Capacity [Yahoo! Finance]Yahoo! Finance
- ReNew Announces Results for the Third Quarter of Fiscal Year 2025 (Q3 FY25); Registers 26% Increase in Operating CapacityBusiness Wire
- ReNew Announces Date and Conference Call Details for Third Quarter FY25 Earnings [Yahoo! Finance]Yahoo! Finance
- ReNew Announces Date and Conference Call Details for Third Quarter FY25 EarningsBusiness Wire
RNW
Sec Filings
- 3/10/25 - Form 6-K
- 2/18/25 - Form 6-K
- 12/23/24 - Form 6-K
- RNW's page on the SEC website