Publications
Publications
- February 2024
- HBS Case Collection
ReNew (B): A New Direction
By: Gunnar Trumbull and Malini Sen
Abstract
The global renewables sector was in a slump, but the Indian market was booming. India’s largest renewable electricity generator, ReNew, faced a dilemma: it traded on the Nasdaq in New York, but saw huge opportunity in the Indian market. In response, CEO Sumant Sinha was broadening the company’s mission and activities to become a decarbonization solutions provider. The new scope included green hydrogen, manufacturing, storage, and contract power agreements. As India’s decarbonization accelerated, has Sumant made the right choices?
Keywords
Energy Generation; Renewable Energy; Entrepreneurship; Forecasting and Prediction; Trends; Transformation; Private Ownership; Environmental Sustainability; Mission and Purpose; Expansion; Market Entry and Exit; Energy Industry; Asia; India
Citation
Trumbull, Gunnar, and Malini Sen. "ReNew (B): A New Direction." Harvard Business School Supplement 724-032, February 2024.