ReNew Solar Power
ReNew Solar Power is identified in the evidence as the source of an operating solar portfolio in India; the evidence does not state its ownership structure. [1][2] The portfolio comprises 1.4 GWp of operating solar capacity and six project SPVs, with projects in Rajasthan and Karnataka. [1][3]
In August 2026, RPSG’s CESC renewable platform Purvah Green Power said it would acquire ReNew Solar Power’s portfolio for Rs 4,859 crore enterprise value. [1][2] The acquisition covers the operating solar portfolio, with more than 90% of its capacity contracted with SECI and a 25-year PPA tenure. [1]
Before the transaction, Purvah had 3.4 GWp of contracted capacity; the acquisition would raise that to 4.8 GWp. [1] RPSG’s stated target is to build a 10 GW renewable-energy platform, and the acquisition was described as advancing that target. [1][2] The evidence reports the transaction in August 2026 and describes it as an acquisition to be completed, not as a completed deal. [1][2]
ReNew Solar Power has appeared in 12 distinct RetailIntel stories in Aug 2026, most often under retail company and most frequently linked to Kolkata and Mumbai.
Latest: RPSG Group and Macquarie are final bidders for Welspun New Energy, valued near Rs 2,000 crore (24 Aug 2026). Earlier, RPSG’s CESC renewable platform Purvah will acquire ReNew Solar Power’s 1.4 GWp operating portfolio for Rs 4,859 crore, lifting contracted capacity to 4.8 GWp and accelerating the group’s target of building a 10 GW (11 Aug 2026). Earlier, RPSG Group's CESC renewable platform Purvah Green Power will acquire ReNew Solar Power's 1.4 GWp operating portfolio for Rs 4,859 crore enterprise value, accelerating the group’s renewable capacity build-out (11 Aug 2026).
Key figures reported: WNEL enterprise value: about Rs 2,000 crore (24 Aug 2026); Operational renewable capacity: 45 MW (24 Aug 2026); Gujarat wind-solar hybrid project under construction: 245 MW (24 Aug 2026); Rs 4,859 crore enterprise value (11 Aug 2026).
Brands most often mentioned alongside ReNew Solar Power: Purvah Green Power, CESC, RP-Sanjiv Goenka Group, Solar Energy Corporation of India, Brookfield, Inox Clean Energy.
Most-cited sources on ReNew Solar Power: ET Small Business (2 stories), The Hindu BusinessLine (2 stories) and Business Standard · Companies (1 story).
- Stories on record: 12
- First seen 10 Aug 2026 · Latest 24 Aug 2026
- Themes: retail company
- Cities: Kolkata, Mumbai
- Sources cited above: 24 Aug 2026 · 11 Aug 2026 · 11 Aug 2026
Latest signals mentioning ReNew Solar Power
- RPSG Group, Macquarie in final race for Welspun New Energy at ~₹2,000 crore EV
- RPSG acquires ReNew’s 1.4 GWp solar portfolio for Rs 4,859 crore
- RPSG’s CESC unit to acquire ReNew’s 1.4 GWp solar portfolio for ₹4,859 crore
- RPSG’s CESC to acquire ReNew’s 1.4 GWp solar portfolio for Rs 4,859 crore
- RPSG’s Purvah Green Power to buy ReNew’s 1.4 GWp solar portfolio for ₹4,859 crore
- CESC to acquire ReNew’s 1.4 GW solar portfolio for ₹4,859 crore
- RPSG-backed Purvah Green Power buys 1.4 GWp ReNew solar portfolio for ₹4,859 crore
- CESC targets 10 GW renewables, adds 1.4 GWp solar portfolio
- CESC unit Purvah Green to buy ReNew Solar’s 1.4 GW portfolio for ₹4,859 crore
- CESC unit Purvah Green to buy ReNew Solar’s 1.4 GW portfolio for ₹4,859 crore
- RPSG’s Purvah Green to buy ReNew’s 1.4 GW solar portfolio for ₹4,834 crore