Yes the word renewal is a noun. It is the act of renewing.
destruction, exhaustion
renaissance = rebirth or renewal
renewal is the transliteration of the word. New beginning is the meaning.
The likely word is "redevelopment" (renewal, rebuilding).
Renewal means to renew something such as a magazine subscription or your gym membership. To add another year to the magazine you currently get or add another year to your gym membership so you can continue to work out at your leisure. Without renewing your subscription you would no longer get that magazine. And without renewing your membership you could no longer work out at that gym.
The word "Banyuhay" originated in the Philippines. It is a Tagalog term that means rejuvenation or renewal.
Renewal #for all you apex cheaters out there(:
Urban Renewal
Spring is a season of growth and renewal. Those credits are reuired for licencse renewal. Part of our anniversary celebration will be a renewal of our wedding vows.
non-renewal
You could use Renewal in a sentence as " Your drivers licence is due for renewal".