Bharat RE Summit 2026 Positions India as a Credible Clean Energy Manufacturing Hub, Says ReNew Founder Sumant Sinha

The global energy landscape is experiencing a shift driven by geopolitical tensions, trade realignments, and supply-chain disruptions. These factors have reinforced the link between energy security and economic security, according to ReNew Founder and Chairman Sumant Sinha.

Speaking on the significance of the Bharat RE Summit (BRESE) 2026, Sinha noted that the event has helped strengthen international cooperation, build resilient clean energy supply chains, and position India as a credible manufacturing and technology partner.

India has demonstrated its ability to scale renewable energy at a rapid pace while developing capabilities across the entire value chain. This includes project development, power generation, solar manufacturing, and storage. Sinha stated that these engagements allow India to shape the next phase of the global energy transition rather than merely participating in it.

To transition from being a large renewable energy market to a globally competitive manufacturing hub, India needs to accelerate solar and wind deployment while investing in battery storage, pumped hydro, hybrid projects, transmission infrastructure, and round-the-clock power. Sinha emphasized that future domestic manufacturing efforts must focus on deeper value addition in solar cells, wafers, ingots, polysilicon, batteries, and critical components.

Addressing the investment required to build an integrated clean energy ecosystem, Sinha outlined three key areas where government intervention can help boost capital inflow. First, creating greater policy and regulatory certainty is essential for capital-intensive projects. Second, developing innovative financing mechanisms through blended finance, credit guarantees, concessional debt, and risk-sharing instruments can support the sector. Third, deepening domestic capital markets by encouraging participation from pension funds, insurance companies, and infrastructure funds will help channel long-term capital.

The private sector also plays a role in mobilizing investments by demonstrating financial discipline, technological innovation, and execution capabilities at scale. Sinha pointed to ReNew's recent $100 million financing arrangement with FMO, the Dutch development bank, as an example of international development finance supporting India's renewable energy ambitions.

India's experience with decentralized renewable energy models such as PM-KUSUM and PM Surya Ghar can also serve as a reference for other developing economies. Sinha suggested that while these specific models cannot be replicated entirely, their core lessons—including well-designed subsidies, accessible financing, standardized technology, and digital beneficiary platforms—can be adapted with private sector participation to provide reliable solar solutions globally.

"The renewable energy sector in India is transitioning from a consumption-led market to a manufacturing and technology powerhouse. As highlighted by industry leaders, achieving long-term growth will require consistent policy frameworks, deeper domestic capital markets, and robust private-sector execution. For businesses operating in this space, building resilient supply chains and focusing on deep value-addition will be critical to attracting sustained global institutional investment." — Dr. Shishir Gupta, Founder & CEO, StartupLanes