ReNew Power ReNew Power Announces Its Addition to the World Economic Forum's Global Lighthouse Network of Companies Leading in the Area of Technology-Enabled, Sustainable Growth Tuesday, March 16, 2021 10:10AM IST (4:40AM GMT)
New Delhi, Delhi, India:
ReNew Power becomes World’s first clean energy company to be recognised as a Lighthouse by World Economic Forum. ReNew joins cross-sector international network of companies recognized for use of technology to grow their bottom line, without increasing their environmental footprint. ReNew joins a diverse group of Lighthouse companies from the tech, heavy industry, consumer products, healthcare and energy sectors. ReNew Power (“ReNew” or “the Company”), India’s leading renewable energy company, today announced that it has been named to the World Economic Forum’s (WEF) Global Lighthouse Network, which recognizes companies using new technologies to achieve environmentally sustainable, community supportive, profitable growth. In announcing ReNew’s appointment, the WEF specifically noted the Company’s recent investments in digital analytics and machine learning to increase the power yield, and decrease the downtime, of its solar and wind generation assets, as factors in its appointment. ReNew is one of only two Indian companies to be recognized by the Global Lighthouse Network this year.