ReNew Energy Partners with Google for 150MW Solar Project in India
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 26 2025
0mins
Should l Buy RNW?
Source: Benzinga
- Partnership Agreement: ReNew Energy Global PLC has signed a long-term agreement with Google to develop a 150 megawatt solar project in Rajasthan, India, reflecting growing global confidence in India's clean energy ecosystem.
- Market Performance Decline: The company's stock has fallen approximately 28% over the past month, with a 52-week low of $5.04 and an RSI value of 27.3, indicating severe overselling and potential buying opportunities for investors.
- Price Recovery Signs: Despite downward pressure, ReNew Energy's shares rose 1.5% to close at $5.50 on Wednesday, indicating market recognition of its long-term growth potential.
- Sustainability Commitment: The co-founder of ReNew stated that this partnership not only supports India's energy transition but also helps global companies meet sustainability goals, highlighting its strategic significance.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy RNW?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on RNW
Wall Street analysts forecast RNW stock price to rise
3 Analyst Rating
2 Buy
1 Hold
0 Sell
Moderate Buy
Current: 5.350
Low
7.00
Averages
7.67
High
8.00
Current: 5.350
Low
7.00
Averages
7.67
High
8.00
About RNW
ReNew Energy Global Plc is a decarbonization solutions company. The Company is a utility-scale renewable energy solutions provider in India. Its segments include wind power, solar power, hydro power, transmission line, and manufacturing. Its wind power segment includes utility-scale wind energy projects in India. Its solar power segment includes utility-scale solar energy projects in India. Its hydro power segment includes hydro energy projects in India. Its transmission line segment includes construction and maintenance of transmission lines. Its manufacturing segment includes manufacturing of solar panels and modules. It primarily operates wind, solar, and hydro energy projects. It provides clean energy solutions and value-added energy offerings through digitalization, storage, and carbon market services. It conducts business activities relating to the generation of power through non-conventional and renewable energy sources through ReNew Power Private Limited and its subsidiaries.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Increased Market Volatility: Last week, stocks in software, real estate, financial services, and logistics faced selling pressure due to concerns over AI-related disruptions, with the Nasdaq Composite falling 0.2% and a weekly loss of 2.1%, indicating market sensitivity to AI impacts.
- Consumer Spending Data Focus: This week's highlight will be the Personal Consumption Expenditures (PCE) report on Friday, which will provide insights into consumer spending in December and inflation trends, especially following last week's unexpected slowdown in the Consumer Price Index (CPI).
- Corporate Earnings in Spotlight: Walmart (WMT) is set to release its fourth-quarter earnings on Thursday, marking the first report under new CEO John Furner, making it a key indicator of consumer spending that the market is eagerly anticipating.
- Ongoing AI Impact: As AI tools' potential effects intensify across various sectors, software stocks like Salesforce (CRM) and ServiceNow (NOW) have seen significant declines, reflecting the market's heightened vigilance regarding AI disruptions, necessitating close monitoring of future industry developments.
See More
- Earnings Report Schedule: ReNew Energy Global plc will issue its Q3 FY2026 earnings report before the US market opens on February 16, 2026, providing insights into the company's latest performance in the clean energy sector.
- Conference Call Timing: The company has scheduled a conference call at 8:30 AM EST (7:00 PM IST) on February 16, 2026, to discuss the earnings results, enhancing communication and transparency with investors.
- Clean Energy Portfolio: As of November 10, 2025, ReNew's clean energy portfolio boasts approximately 18.5 GW (including 1.1 GWh of battery energy storage systems), positioning it as a leader in the global renewable energy landscape.
- Solar Manufacturing Expansion: ReNew has a solar module capacity of 6.4 GW and a solar cell manufacturing capacity of 2.5 GW, with plans to expand solar cell production by an additional 4 GW to meet increasing market demand.
See More
- Earnings Report Announcement: ReNew Energy will issue its Q3 FY2026 earnings report before the US market opens on February 16, 2026, which is expected to provide critical financial data and operational performance insights, aiding investors in assessing the company's market performance and future outlook.
- Conference Call Details: The company will hold a conference call at 8:30 AM EST on February 16, 2026, to discuss the earnings results, with investors able to participate via toll-free numbers from various countries, enhancing interaction and transparency with stakeholders.
- Clean Energy Investment: As of November 10, 2025, ReNew's clean energy portfolio reached approximately 18.5 GW (including 1.1 GWh of battery energy storage systems), positioning the company as a leader in the renewable energy sector and showcasing its significant market influence.
- Production Capacity Expansion: ReNew also has 6.4 GW of solar module and 2.5 GW of solar cell manufacturing capacity, with plans to expand solar cell capacity by an additional 4 GW, further solidifying its competitive advantage in the clean energy market.
See More

- Announcement of Earnings Call: Renew has announced the date and details for its third quarter FY26 earnings call.
- Focus on Financial Performance: The earnings call will provide insights into the company's financial performance for the third quarter.
See More
- EPS Revision Overview: As earnings season approaches, analysts have shown a negative trend in earnings revisions for utility companies, with Companhia Energética de Minas Gerais (CIG) receiving an FM grade, indicating declining market confidence in its near-term performance.
- Bottom-Ranked Companies: Middlesex Water (MSEX), ReNew Energy Global (RNW), and UGI (UGI) all received F grades, reflecting analysts' pessimistic outlook on their profitability, which could adversely affect their stock performance.
- Other Affected Firms: Chesapeake Utilities (CPK), Enel Chile (ENIC), and Pampa Energía (PAM) also face D grades, suggesting that their earnings expectations have not met market forecasts, potentially leading to diminished investor confidence.
- Market Outlook Analysis: In the context of the 2026 market rotation, investors should monitor the performance of these utility companies to avoid potential risks in future investment decisions.
See More

- Climate Disclosure Upgrade: ReNew Energy advanced its Climate Change assessment score from 'B' in FY 2023-24 to 'A' in FY 2024-25, placing it in the top 4% of companies globally, highlighting its leadership in environmental transparency.
- Strong Water Security Rating: The company retained an 'A-' rating in CDP Water Security, indicating a consistent and comprehensive sustainability strategy across environmental priorities, further solidifying its position among global energy companies.
- Sustainability Reporting Milestone: ReNew published its second Annual Integrated Report, aligning for the first time with India's BRSR framework and releasing comprehensive Climate and Nature Action Reports in line with IFRS S2 and TNFD recommendations, showcasing its progress in sustainability disclosures.
- Investor Focus on Environmental Impact: In 2025, 640 investors representing $127 trillion in assets requested CDP to collect data on environmental impacts, underscoring the strong link between transparency and sustainable performance, with ReNew's achievements standing out in this context.
See More






