(Information sent by the signatory company)

GURUGRAM, India, Dec. 16, 2022 /PRNewswire/ -- ReNew Power ("ReNew" or "the Company") (NASDAQ: RNWW) (NASDAQ: RNWWW), India's leading renewable energy company, today announced signing a 150 MW renewable energy deal with Microsoft India, one of the largest deals of its kind in the country.

As part of the deal, ReNew will produce 150 MW of clean energy from a recently commissioned solar site near Bikaner. This agreement means that companies around the world, including India, are increasingly integrating renewable energy into all their operations, and this partnership further paves the way for innovative models that will accelerate the energy transition.

Commenting on the deal, Sumant Sinha, Chairman and CEO of ReNew Power, said: "ReNew Power is delighted and proud to partner with Microsoft, known for its environmental sensitivity, sustainable business practices and as a global climate leader in the corporate world.This transaction will contribute to Microsoft's ambition to move to 100% renewable energy supply by 2025. For its part, ReNew is committed to being a catalyst for the global energy transition and will continue to offer innovative solutions to companies to support their climate goals.

Dr. Rohini Srivathsa, Country CTO of Microsoft India, commented on the partnership: "Microsoft strives to run on 100% renewable energy by 2025 and become carbon negative by 2030. We are delighted to partner with ReNew Power to meet our sustainability goals and help our customers and partners on their sustainability journey."

About ReNew

ReNew is one of the largest independent renewable energy electricity producers in India and the world. ReNew develops, builds, owns and operates wind, solar and hydroelectric projects to supply energy to utilities as well as businesses. As of September 30, 2022, ReNew had a total gross pipeline of ~13.4 GW of renewable energy projects across India, including commissioned and committed projects. For more information visit www.renewpower.in and follow us on LinkedIn, Facebook, Twitter and Instagram.

Press inquiries:

Shilpa NaraniShilpa.narani@renewpower.in

Investor inquiries:

Nathan JudgeSubhadip MitraAnunay Shahiir@renewpower.in

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