ReNew Energy Global Q3 Earnings Call Highlights

Asked whether ReNew plans to manufacture BESS, Sinha said the company has not “actively looked at” battery manufacturing. He cited the lack of import restrictions on batteries and cells from China, rapid technology shifts in batteries requiring specialized expertise, and the view that cell manufacturing is largely driven by electric vehicle demand—an end market ReNew is not targeting.In discussing economics, Sinha said solar has historically delivered higher returns than wind due to long-term capex reductio ...