Technical renew includes product renew,facility renew,method

Technical renew includes product renew,facility renew,method renew and raw material renew.
我的疑问是renew是动词,怎么可以与名词搭配成一个短语,尤其是technical renew(technical是形容词)如果把renew 换成update或者是innovation意思有变?感谢你的时间,