ReNew Energy Global plc (NASDAQ:RNW)

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  • Docoof: $RNW Crossed above and stayed above the 200d today. On Aug 22, BofA reiterated its Buy rating and raised the pt to $9.00 (from $8.00). ReNew Power is an Indian Renewable Independent Power Producer (IPP) with 3.8 GW and 3.7 GW of installed wind and solar capacity, respectively, as of August 17, 2022. Additionally, RNW has 7.1 GW of committed capacity comprised of 2.2GW wind, 3.3GW of solar. Additionally, ReNew owns 100 MW of hydro power.
  • marklesparkle:
  • marklesparkle: @marklesparkle $RNW DUH me
  • tnt: $RNW new issue clean energy pushing higher out of volatility squeeze now transitioning to volatility expansion. $20 seems like a nice round dollar target from here.
  • tnt: $RNW new issue renewable solar and wind energy company looks ready to push higher out of recent consolidation.
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Stock Price $5.81
Change 2.65%
Volume 702,157

ReNew Energy Global PLC, through its subsidiary operates as a renewable energy IPP, contributing to India's energy transition journey (Independent Power Producer). It has utility-scale wind and solar energy projects as well as distributed solar energy projects that generate energy for commercial and industrial customers while helping reduce India's carbon footprint.

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