In Short : ReNew Energy has inaugurated India’s largest single-location solar project in Jaisalmer, Rajasthan, with a 1.3 GWp capacity. Spanning 3,500 acres, the plant will generate 2,490 million units annually, powering 500,000 households. The project utilizes 100% indigenously manufactured solar panels, aligning with the ‘Make in India’ initiative. It will offset 2.3 million tonnes […]
ReNew Announces Results for the Third Quarter of Fiscal Year 2025 (Q3 FY25); Registers 26% Increase in Operating Capacity – EQ
In Short : ReNew Energy Global reported a 25.5% year-over-year rise in commissioned capacity, reaching 10.7 GW by December 31, 2024. Q3 FY25 revenue increased 10% to ₹2,119.8 crore, while net loss widened to ₹387.9 crore. The company also received a non-binding acquisition offer from a consortium including CPP Investments and ADIA, signaling potential future […]
Davos 2025: ReNew to expand renewable energy capacity to 25GW by 2027, says CEO Sumant Sinha – EQ
In Short : At Davos 2025, ReNew CEO Sumant Sinha announced plans to expand the company’s renewable energy capacity to 25GW by 2027. The initiative aligns with India’s push for clean energy and sustainability. ReNew aims to achieve this target through investments in solar, wind, and hybrid projects, strengthening its position as a leader in […]
ReNew inks pact with Anzen to sell 300 MW operational solar asset in Raj – EQ
In Short : ReNew Energy Global has signed a deal to sell its 300 MW solar power plant in Rajasthan to Anzen India Energy Yield Plus Trust for $176 million. The plant, operational for three years, operates under a 25-year power purchase agreement. ReNew is also set to receive $17 million in earn-out payments, optimizing […]
ReNew to Power Akshaya Patra Kitchens with Solar Energy – EQ
In Short : ReNew Power has partnered with Akshaya Patra Foundation to power its kitchens with solar energy. This collaboration aims to reduce the foundation’s carbon footprint while providing sustainable energy for its meal distribution program. The initiative aligns with ReNew Power’s commitment to promoting clean energy solutions, supporting Akshaya Patra’s efforts to provide nutritious […]
ReNew Signs 437.6 MW Green Attribute Contract with Microsoft – EQ
In Short : ReNew Power has signed a 437.6 MW green attribute contract with Microsoft, marking a significant collaboration in renewable energy. This agreement will support Microsoft’s sustainability goals by providing clean energy through renewable sources. The contract underscores both companies’ commitment to reducing carbon emissions and promoting green energy initiatives, contributing to a more […]
ReNew energizes Rajasthan with 400 MW solar launch, targets full 600 MW by October – EQ
In Short : ReNew has energized Rajasthan with the launch of a 400 MW solar project and aims to achieve the full 600 MW capacity by October. This initiative is part of the company’s efforts to enhance renewable energy production and support sustainable development in the region. In Detail : The solar power plant is […]
ReNew inks MoU with Societe Generale for USD 1 billion finance support – EQ
In Short : ReNew has signed a Memorandum of Understanding (MoU) with Societe Generale for USD 1 billion in finance support. This agreement will bolster ReNew’s efforts in expanding its renewable energy projects, enhancing its capacity to drive sustainable energy initiatives. In Detail : To leverage their respective expertise to strengthen the collaboration on utility-scale […]
ReNew Signs 2.2 GW of PPAs Boosting its Clean Energy Portfolio to 15.6 GW – EQ
In Short : ReNew has signed power purchase agreements (PPAs) for 2.2 GW, significantly expanding its clean energy portfolio to 15.6 GW. This milestone highlights the company’s continued growth and commitment to renewable energy, contributing to India’s sustainable energy transition and addressing climate change. In Detail : Our first FDRE PPA signed with SJVN for […]
Jera, ReNew to explore green ammonia production in India – EQ
In Short : “Jera and ReNew collaborate to explore green ammonia production in India, signaling a joint effort to promote sustainable energy solutions and advance the country’s renewable energy agenda.” In Detail : Japanese power utility Jera Co and Indian renewable energy company ReNew Energy Global Plc (NASDAQ:RNW) will assess the potential for jointly producing […]