Start again with a newer system (5)
I believe the answer is:
renew
'start again' is the definition.
(I've seen this before)
I don't understand how the rest of the clue works.
Can you help me to learn more?
(Other definitions for renew that I've seen before include "Extend eg library loan" , "Extend (subscription)" , "Restore, resume" , "Renovate" , "what regeneration will do" .)