Renew Energy Global PLC is a leading renewable energy company focusing on clean power solutions, including wind, solar, and hydro projects. Headquartered in the UK, the company plays a significant role in advancing sustainable energy adoption globally. With a strong portfolio of renewable energy assets, it aims to reduce carbon footprints while supporting green energy transitions in key markets. Renew Green Energy Share Price on NSE as of 19 December 2024 is $6.94. Here will provide you more details on Renew Green Energy Share Price Target 2024, 2025, 2026 to 2030.
RENEW ENERGY GLOBAL PLC: Market Overview
- Previous close: $7.04
- Open: $7.02
- Today’s high: $7.14
- Today’s low: $6.89
- 52W low: $5.1501
- 52W high: $7.79
- EPS(TTM): 0.06
- Market cap: 1.7 B
Renew Green Energy Share Price Chart
Renew Green Energy Share Price Target Tomorrow 2024 To 2030
Renew Green Energy Share Price Target Years | Share Price Target |
2024 | $8 |
2025 | $10 |
2026 | $12 |
2027 | $16 |
2028 | $18 |
2029 | $20 |
2030 | $22 |
Renew Green Energy Share Price Target 2024
Renew Green Energy share price target 2024 Expected target could be$8. Here are 4 Key Factors Affecting Growth for “Renew Green Energy Share Price Target 2024”:
- Expansion of Renewable Energy Projects: Renew Green Energy’s growth is strongly linked to its ability to expand its portfolio of wind, solar, and hydro projects. The completion of new energy installations will increase its market share and revenue potential.
- Government Policies and Incentives: Favorable government policies, such as renewable energy subsidies, tax incentives, and green energy regulations, can boost the company’s growth. Changes in regulations and support mechanisms will significantly impact their expansion plans.
- Technological Advancements: The adoption of innovative energy solutions and efficiency improvements in renewable technologies can reduce operational costs and enhance profitability, driving growth for Renew Green Energy.
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Global Market Demand for Clean Energy: The increasing global shift towards sustainable and clean energy sources due to environmental concerns and carbon reduction goals will likely result in higher demand for the company’s renewable energy solutions, fueling growth.
Renew Green Energy Share Price Target 2025
Renew Green Energy share price target 2025 Expected target could be $10. Here are 4 Key Factors Affecting Growth for “Renew Green Energy Share Price Target 2025”:
- International Expansion: Renew Green Energy’s growth in 2025 will depend on its ability to expand into new international markets where renewable energy demand is rising. Entering emerging economies with growing energy needs will provide significant growth opportunities.
- Strategic Partnerships and Mergers: Forming alliances with other industry leaders or engaging in mergers and acquisitions could strengthen Renew Green Energy’s market position, enhance technological capabilities, and accelerate growth in 2025.
- Sustainability and ESG Focus: The company’s commitment to environmental, social, and governance (ESG) initiatives could attract socially conscious investors and increase its appeal in the renewable energy sector, driving growth.
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Energy Storage and Grid Integration: Progress in energy storage solutions and grid integration will allow Renew Green Energy to offer more reliable and scalable energy solutions. This technological advancement will be key to sustained growth as energy storage becomes a crucial part of renewable energy systems.
Renew Green Energy Share Price Target 2030
Renew Green Energy share price target 2030 Expected target could be $22. Here are 4 Risks and Challenges for “Renew Green Energy Share Price Target 2030”:
- Regulatory and Policy Changes: Changes in government policies or energy regulations could negatively impact the renewable energy sector. Stringent regulations, delays in approvals, or unfavorable tax policies could affect Renew Green Energy’s ability to expand and grow by 2030.
- Technological Disruptions: Rapid advancements in alternative energy technologies or new, more efficient methods of energy generation could lead to obsolescence or increased competition. Staying ahead of technological trends and continuing innovation will be critical to maintaining a competitive edge.
- Supply Chain and Material Shortages: Any disruptions in the supply chain, particularly related to key materials such as solar panels, batteries, or wind turbine components, could impact production timelines and costs. These challenges could hinder Renew Green Energy’s ability to meet demand in the long term.
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Climate and Environmental Risks: The company’s operations, particularly those related to energy generation, could be affected by climate change or extreme weather events. Natural disasters or unpredictable weather patterns may lead to interruptions in production or damage to infrastructure, affecting overall growth prospects.
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