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ReNew Energy Global plc T.RNW


Primary Symbol: RNW

Utilities Utilities - Independent Power Producers
ReNew Energy Global Plc is a decarbonization solutions company. It is a utility-scale renewable energy solutions providers in India. It 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. It operates in four segments: wind power, solar power, hydro power, and transmission line. Its wind power segment reflects the revenue earned from its utility-scale wind energy projects in India and solar power segment reflects the revenue earned from its utility-scale and solar energy projects in India and hydro power segment reflects the revenue earned from its hydro energy projects in India. Its transmission line segment include revenue from construction and maintenance of transmission lines.


NDAQ:RNW - Post by User

ReNew Energy Global plc
Bullboard Posts
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Post by Kittydayon Nov 02, 2018 10:07am
83 Views
Post# 28913638

Keep in mind...

Keep in mind...moticone 3D
The third quarter results has always been low compared to the others quarters. Here's a statement from the company which you can find on the 2018 third quarter report on SEDAR site:


Our business results fluctuate with seasonal variations, with the first and fourth quarters seeing the largest wind volumes and the second and third quarters recording higher hydro volumes. As wind forms a larger part of our renewable fleet, higher revenues and earnings are expected in the first and fourth quarters.
Bullboard Posts
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