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Compare Avaada vs ReNew

Customers evaluate the quality of Avaada's products using the following success metrics.

Overview

Avaada Logo

Avaada is 15 yrs old and is based in India.

Avaada is a clean and sustainable energy company that focuses on solar module manufacturing, electrolyzer manufacturing, and green ammonia production. Its services include building infrastructure for solar modules, green energy solutions, green hydrogen, and other derivatives, electrolyzer manufacturing, and more. The company was founded in 2009 and is based in Mumbai, India.

ReNew Logo

ReNew is 13 yrs old and is based in India.

ReNew (NASDAQ: RNW) is a renewable energy company that focuses on solar & wind-energy projects. The company provides solutions in the areas of clean energy, value-added energy offerings through digitalization, storage, and carbon markets. It sells its power to state electricity boards and large industrial companies in India. It was formerly known as ReNew Power. The company was founded in 2011 and is based in Gurugram, India.

Founded Year

2009
2011

Country

India
India

Demo Video

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Leadership

T.R. Kishor Nair (Chief Operating Officer)

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Vaishali Nigam Sinha (Founder)

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Funding

Avaada last raised $1.3B on 6/26/2023.
ReNew last raised $2.15M on 12/29/2021.

Stage

Private Equity - II
PIPE

Total Raised

$2.314B
$2.931B

Investors

Brookfield Asset Management, Global Power Synergy

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Mahindra, RMG Acquisition II

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Product

Why Avaada beats ReNew

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    Benefits

    • Long term access
    • Reliability of supply
    • Procurement cost

    Products

    • Solar Energy

      For utilities and Industrial clients, to meet their power requirement

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    Customers

    Avaada did not submit their products in their Analyst Briefing

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    Known Partners

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    Why They Buy

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