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ReNew Energy Global ( (RNW) ) has shared an announcement.
On September 29, 2025, ReNew Energy Global Plc announced the receipt of investment proceeds from British International Investment PLC, amounting to INR 8,700 million (~US$100 million), for its solar manufacturing business. This investment will be used to construct a new 4 GW TOPCon cell facility in Dholera, Gujarat, and expand the business. BII will acquire up to a 10% shareholding in ReNew Photovoltaics, ReNew’s solar manufacturing arm, with the exact percentage contingent on the FY26 standalone EBITDA of ReNew Photovoltaics.
The most recent analyst rating on (RNW) stock is a Buy with a $8.00 price target. To see the full list of analyst forecasts on ReNew Energy Global stock, see the RNW Stock Forecast page.
Spark’s Take on RNW Stock
According to Spark, TipRanks’ AI Analyst, RNW is a Neutral.
ReNew Energy Global’s overall score is driven by strong earnings call insights and positive technical indicators. Financial performance is solid but hampered by high leverage and negative free cash flow. The stock appears overvalued, which impacts its valuation score.
To see Spark’s full report on RNW stock, click here.
More about ReNew Energy Global
ReNew Energy Global Plc operates in the renewable energy industry, focusing primarily on solar energy. The company offers solar photovoltaic modules and solar cell facilities through its subsidiary, ReNew Photovoltaics Private Limited, which has significant operations in Jaipur, Rajasthan, and Dholera, Gujarat.
Average Trading Volume: 925,381
Technical Sentiment Signal: Buy
Current Market Cap: $2.79B
Learn more about RNW stock on TipRanks’ Stock Analysis page.