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 […]
ReNew partners with JERA to evaluate Joint Development of Green Ammonia Project in India – EQ
In Short – A collaborate on Green Ammonia Project assessment in India, marking a significant step towards sustainable energy initiatives, promising environmental benefits and fostering renewable energy adoption in the region. In Details – GURGAON, India-ReNew Energy Global plc (“ReNew” or “the Company”) (Nasdaq: RNW, RNWWW), India’s leading renewable energy company, said on Thursday […]
ReNew constructs 1.94 GW of renewable energy assets, hits 10 GW in capacity – EQ
In Short – ReNew’s impressive milestone: 1.94 GW in renewable energy assets constructed, reaching a total capacity of 10 GW. A significant stride towards sustainable energy solutions, showcasing commitment to a greener future. In Details – Clean energy firm ReNew on Wednesday said it has completed construction of 1.94 GW of renewable assets in FY24, […]
ReNew Announces Results for the Third Quarter and Nine Months of Fiscal Year 2024: Increases the bottom end of Adjusted EBITDA guidance for FY24 by 2% – EQ
Gurugram, India — ReNew Energy Global Plc (“ReNew” or “the Company”) (Nasdaq: RNW, RNWWW), a leading decarbonization solutions company, today announced its unaudited consolidated IFRS results for Q3 FY24 and nine months ended December 31, 2023. Operating Highlights: As of December 31, 2023, the Company’s portfolio consisted of 13.8 GWs, of which ~8.5 GWs are […]