You are viewing a preview of this job. Log in or register to view more details about this job.

Global Green Scholars Program Internship

ReNew Power Limited
Email

About ReNew

ReNew is a leading decarbonisation solutions company listed on Nasdaq (RNW, RNWWW). ReNew is committed to leading India’s energy transition and has, over the years, built a green energy portfolio of about 15.6 GW, one of the largest globally. 

 

The company operates 150+ sites spread across 10 states in India. It provides decarbonisation solutions through a mix of green hydrogen, intelligent (data–driven) solutions, energy storage, manufacturing, and carbon markets. 

During 2023–24, ReNew achieved an important milestone of 10 GW of gross renewable energy assets, becoming one of the fastest-growing clean energy companies globally. The company contributes ~10 percent of India’s total solar and wind energy generation, and has the country’s largest wind portfolio of 4.7 GW, representing 10.5% of India’s total wind energy capacity. 

 

An integral part of the global energy system, ReNew’s projects have helped generate more than 130,000 jobs, both directly and indirectly. ReNew generated 17,385 GWh during FY23, enough to power 5 million Indian households annually, and helped India avoid 0.5% of its annual carbon emissions. The company has twice been recognised as a Global Lighthouse by the World Economic Forum for advancing Fourth Industrial Revolution (4IR) technologies at scale and achieving greater impact on the ground.

ReNew has been leveraging digital technologies to accelerate the transition to green energy and address the unique requirements of the B2B segment as the market leader. The company is exploring opportunities in international markets and has signed a framework agreement with the Egyptian government to set up a green hydrogen production facility near the Suez Canal. 

Marquee global corporations are today partnering with ReNew to meet their sustainability targets. The company is developing a 210 MW solar energy project for Amazon as part of its first utility–scale renewable energy project in India. It has also signed an agreement with Microsoft India to produce 150 MW of clean energy. 

ReNew is backed by a pool of high–profile global investors. The Canada Pension Plan Investment Board is now the majority shareholder in the company. Other key institutional investors include the Abu Dhabi Investment Authority (ADIA) and Japanese energy producer JERA. 

As a responsible corporate citizen, ReNew works closely with communities to create a positive impact at the grassroots level. ReNew has committed to being a net–zero company by 2040, and its social initiatives have impacted over 1 million lives. ReNew has been ranked among the top 7 renewable power companies in the world and among the top 10 global utility firms by Morningstar Sustainalytics. The company has been rated as a top performer on ESG performance by Refinitiv, sitting at the top of all electric utilities and independent power producers in India and second overall globally for FY 21–22. 

Over the years, ReNew has been decorated with major industry awards. It was recognised among the top 10 companies globally by Fortune Magazine’s ‘Change the World’ list. The company also received the Clean Energy Transition Award at the Reuters Responsible Business Awards 2020 and was identified as one of India’s best workplaces in the Oil, Gas, and Energy category by Best Places to Work in 2021. ReNew was featured in the inaugural ‘Top 15 Climate Tech Companies to Watch’ list by the MIT Technology Review. In 2023, ReNew was the only clean energy company from the Global South to receive the Sustainable Market Initiative’s Terra Carta Seal. In December of the year, the company was presented with the ‘Energy Transition Changemaker’ award by the COP28 Presidency for developing and deploying the country’s first round–the–clock power project.

 


 

 

GLOBAL GREEN SCHOLARS PROGRAM

 

The Global Green Scholars Program (GGSP) is a prestigious student program at ReNew that was launched in 2017. It is specifically designed to attract talented and passionate individuals from leading universities worldwide who have a strong interest in renewable energy and sustainability. The primary objective of the program is to foster diversity and facilitate the exchange of innovative ideas among the participating students. 

 

Details

The selection process for Global Green Scholars Program typically starts from the month of November-December where info session is being organized for each of regular campuses. Post this screening and interviews of interested applicants is done. The GGSP Internship starts from first week of June and goes till end of July (Two months program). 

 

The program offers selected students a unique opportunity to engage in hands-on learning experiences, live industry projects in functions like Strategy, CEO Office, Storage, International Business, Bidding, Finance, Sustainability, CSR, etc. that are specifically tailored to their interests and career aspirations. There are several initiatives like leadership connect, sessions by leading experts, external seminars, site immersion, cultural immersion, to list a few that enable the participants to build a robust network, gain insights from industry leaders, gain valuable practical knowledge, enhance their understanding of renewable energy technologies, and develop skills necessary to address the challenges of sustainability and potentially explore future career opportunities in the renewable energy sector. 

 

GGSP seeks out students who possess exceptional academic and co-curricular achievements, ensuring that only the brightest and most dedicated individuals are selected for the program. These students are chosen based on their stellar records, which reflect their commitment to their studies and their active involvement in extracurricular activities related to renewable energy and sustainability. Historically, we have had 30 GGSP scholars from universities like Stanford University, Princeton University, University of Columbia, University of Wellesley, Harvard University, etc.  

 

Please note that the internship is offline and based at our Corporate Office in Gurgaon.


 

 

GGSP INTERNSHIP OPPORTUNITIES

 

A. Department Name: Corporate Communications

Project Overview:

Project Title: Comprehensive 360-degree Analysis of ReNew's Brand Positioning Aligned with Targeted Customer Segments

Deliverables

  1. Competition Mapping: Analyze ReNew's advocacy and industry positioning among key customer segments, specifically B2G and B2B stakeholders.
    1. Competitor information
    2. Secondary research

 

  1. Need-Gap Analysis: Identify current market trends and uncover key opportunities and positioning narratives within the global and Indian energy transition landscape.
    1. Qualitative Analysis – Assess brand awareness, equity, sentiment, engagement levels, and market share.
    2. Sentiment Analysis – Compare brand sentiment with top three global and Indian peers.

 

  1. Differentiation Strategy: Develop ReNew's positioning strategy across four main verticals: Media, Social Media, Public Relations, and Advocacy.
    1. Define specific "WHAT" actions to enhance ReNew’s unique brand presence.
  2. Roadmap Design: Outline 2-3 strategic differentiation initiatives for future implementation, focusing on the "HOW" of effective brand positioning.

 

B. Department Name: Energy Markets

Project Overview: 

Operations Research/Data Science/Economics (Power Sector) - Knowledge of large energy or optimization models, production cost models such as GAMS, PLEXOS, AURORA, BID3, SDDP good to have

Roles & Responsibilities: 

  1. Broad understanding of Power System, parameters impacting demand, commercial and operational understanding of the sector, supply side power-mix – techno-commercial understanding of at least one source (i.e., coal, hydro, gas, etc.) other than renewables (solar, wind, ESS)
  2. Knowledge of electricity/demand forecasting using econometric methods and historic trend analysis
  3. Understands ongoing energy transition, energy economics & sector dynamics
  4. Strong analytical skills and demonstrated experience in using structured methods and data analysis to derive market insights, data backed opinions
  5. MS Excel skills preferred and exposure to Power BI or Tableau good to have

 

C. Department Name: International Business Development (IB)

Project Overview: 

  1. Carbon Market Research: Conduct detailed research on international carbon markets, pricing trends, carbon credit standards, and regulations in APAC, Europe, and other key regions.
  2. Certification Processes: Track and understand the certification and verification processes required for carbon credit projects, ensuring compliance with global standards like CDM, VCS, and Gold Standard.
  3. Client Acquisition: Identify and engage potential buyers of carbon credits, such as corporations, governments, and NGOs.
  4. Sales and Marketing: Develop marketing materials and sales strategies to promote ReNew's carbon credit projects.
  5. Regulatory Analysis: Monitor and analyze carbon market policies, government regulations, and compliance mechanisms in key international markets.
  6. Carbon Offtake Strategy: Support the development of carbon offtake strategies for ReNew’s clients, contributing to achieving their decarbonization goals.
  7. Stakeholder Engagement: Collaborate with international stakeholders, including certification bodies, regulatory authorities, and carbon offset buyers.
  8. Reporting & Analysis: Prepare reports on carbon credit opportunities, risks, and market forecasts to support decision-making for ReNew’s business expansion in the carbon market.

 

D. Department Name: International Business Development (IB)

Project Overview: 

  1. Market Research: Conduct comprehensive research on global green fuel trends, policies, and technologies, focusing on key regions like APAC, Europe, and the Middle East.
  2. Policy Analysis: Track and analyze regulatory frameworks, incentives, and compliance standards related to green fuels and hydrogen in targeted international markets.
  3. Proposal Development: Prepare comprehensive proposals and presentations for potential end customers and Assist in identifying potential partnerships, collaborations, and investment opportunities in the green fuels sector.
  4. Business Case Development: Support the development of business cases for green fuel investments, identifying growth opportunities for ReNew in international markets.
  5. Stakeholder Engagement: Assist with engagement efforts with key international stakeholders, including government agencies, industry bodies, and potential partners.
  6. Reporting: Prepare and present regular updates, reports, and insights on the green hydrogen sector, including trends, risks, and market opportunities.

 

E. Department Name: Program Management Office

Project Overview: 

Utilize Artificial Intelligence (AI) and Large Language Models (LLMs) for predictive analytics during the asset creation phase.

Key Responsibilities

  1. Assist in developing AI and LLM models to analyze data and predict outcomes for asset creation projects.
  2. Collaborate with cross-functional teams to identify data sources and integrate predictive analytics into workflows.
  3. Conduct data cleaning, preprocessing, and feature engineering to enhance model performance.
  4. Support the deployment of AI solutions, ensuring alignment with project timelines and objectives.
  5. Analyze results and prepare reports to provide actionable insights to stakeholders.
  6. Stay updated on the latest AI and LLM technologies to recommend improvements to current practices.

 

Skills & Experience Required

  1. Proficiency in AI and LLM modeling techniques.
  2. Strong analytical and problem-solving skills with a focus on predictive analytics.
  3. Familiarity with programming languages such as Python and frameworks like TensorFlow or PyTorch.
  4. Knowledge of data preprocessing, feature engineering, and model evaluation metrics.
  5. Excellent communication skills to present complex concepts effectively.

 

F. Department Name: Corporate finance 

Project Overview: 

  1. Assist in cash flow forecasting, liquidity management, and investment optimization within the Treasury team.
  2. Support the evaluation of financing options and risk management activities, including foreign exchange and interest rate hedging.
  3. Conduct market and financial analysis for mergers, acquisitions, and strategic investment opportunities.
  4. Prepare valuation models, presentations, and reports for potential deals and partnerships.
  5. Assist in due diligence activities, including financial data validation and risk assessment for transactions.
  6. Collaborate with internal teams to ensure compliance with corporate policies and regulatory requirements.
  7. Research and analyze trends to identify strategic opportunities for asset acquisition or divestiture.
  8. Support cross-functional teams in capital structuring and financial planning activities.

 

Skills and Qualifications:

  1. Currently pursuing a degree in Finance, Business Administration, Economics, or a related field.
  2. Proficiency in financial modelling, Excel, and basic understanding of corporate finance concepts.
  3. Strong analytical, communication, and problem-solving skills.
  4. Ability to work in a fast-paced, team-oriented environment.

 

G. Department Name: Digital (Digital Security)

Project Overview: 

Conduct a comparative study of emerging cybersecurity solutions and provide research-based inputs to enhance the organization’s cyber strategy.

Key Responsibilities

1. Research and analyze emerging cybersecurity solutions, tools, and technologies.

2. Compare the features, benefits, and limitations of various security products.

3. Provide insights and recommendations to improve the organization's cybersecurity posture.

4. Collaborate with stakeholders to understand how security technologies are deployed and utilized within the organization.

5. Assist in developing strategies to revitalize and strengthen the cyber defense framework.

6. Stay updated on the latest trends and advancements in cybersecurity.

 

Skills Required

1. Understanding of how organizations deploy and use technology for business operations.

2. Knowledge of security products, technologies, and their applications.

3. Strong analytical and research skills to evaluate and compare solutions.

4. Excellent communication skills to present findings effectively.

5. Eagerness to learn and contribute to cybersecurity initiatives in a dynamic environment.

 

H. Department Name: Digital (Information Technology)

Roles and Responsibilities

1. Conduct research to identify digital penetration opportunities in the EPC (Engineering, Procurement, and Construction) and manufacturing industries.

2. Analyze business processes and recommend digital transformation solutions to enhance efficiency.

3. Explore and evaluate the latest digital tools and technologies relevant to EPC/manufacturing operations.

4. Collaborate with cross-functional teams to understand existing workflows and propose technology-driven improvements.

5. Assist in implementing and testing digital solutions for pilot projects.

6. Prepare reports and presentations to share insights and recommendations with stakeholders.

 

Skills Required

1. Understanding of digital technologies and IT applications.

2. Analytical and problem-solving skills to assess business needs and suggest solutions.

3. Basic knowledge of digital transformation trends in the EPC/manufacturing sectors.

4. Effective communication and collaboration skills.

5. Eagerness to learn and contribute to digital innovation initiatives.

 

How to Apply: Send your resumes to summer-internship@renew.com