Despite　the　fact　that　the　BRICS　and　N-11　economies　have　experienced　tremendous　economic　growth　in　recent　years,　but　required　energy　is　mainly　used　from　conventional　sources.　Therefore,　policy　makers　have　shifted　their　attentions　towards　promoting　the　production　and　consumption　of　renewable　energy　across　all　economic　activities.　Given　the　current　situation,　the　goal　of　this　study　is　to　investigate　the　impact　of　renewable　energy　consumption　on　the　economic　growth　of　the　BRICS　and　N-11　economies　over　1995–2019　period.　The　study　uses　Augmented　Mean　Group　and　Methods　of　Moments　Quantile　Regression　(MMQR)　for　empirical　analysis　that　confirms　the　variation　of　the　impacts　of　independent　variables　across　different　quantiles　of　economic　growth　to　accomplish　the　said　objective.　The　overall　findings　of　the　study　indicate　that　renewable　energy-led　growth　hypothesis　exists　in　BRICS　countries　in　AMG　and　at　all　quantiles　in　MMQR　but　surprisingly　it　does　not　exist　in　N-11　economies　using　both　estimations.　The　study　also　applies　[1]　heterogeneous　panel　estimation　and　found　that　growth　hypothesis　exists　in　BRICS　economies　and　conservation　hypothesis　exists　in　N-11　countries.　Relevant　policies　on　the　basis　of　obtained　results　are　also　provided　in　the　study　for　both　groups　of　the　countries.　©　2022