Oversubscribed 1.4X, highlighting ReNew’s strong financial profile Consortium of 12 international lenders, including seven first-time project lenders to ReNew Largest renewable project with 1,300-MW capacity; unique project with Round-the-Clock (RTC) power supply, battery-enabled hybrid capacity Single-largest project finance facility for single Indian renewable energy project at highly competitive pricing Gurugram, India : (“ReNew” or “the […]
ReNew to invest $8 billion to set up green hydrogen plant in Egypt – EQ Mag Pro
ReNew joins several Indian companies tapping the prospects in green hydrogen, which is considered crucial to decarbonise hard-to-abate heavy industries ReNew Power has signed a preliminary agreement with the Egyptian government to invest as much as $8 billion (over Rs 63,000 crore) to produce green hydrogen in the African country, according to the chairman of […]
ReNew to acquire 528-MW renewable assets; signs PPA with Maha Govt to supply green energy
New Delhi : ReNew Power on Thursday said it is acquiring wind and solar assets totalling 527.9 megawatts (MW) in various states. It has also entered into an agreement with the Maharashtra government for the supply of 200 MW of green power, the company said in a statement. ReNew said, “It has signed definitive agreements […]
ReNew’s total portfolio rises close to 20% to over 12 GW
ReNew’s total portfolio rises close to 20% to over 12 GW For More Detail Click On Below Link :
IOC, L&T, ReNew join hands for green hydrogen business – EQ Mag Pro
Indian Oil Corporation (IOC) and L&T have additionally signed a pact to form a joint venture with equity participation to manufacture and sell electrolyzers used in the production of green hydrogen. India’s top oil firm IOC, engineering and construction giant Larsen & Toubro and renewable energy company ReNew Power on Monday came together to form […]
IndianOil, L&T and ReNew to form JV for development of Green Hydrogen Business – EQ Mag Pro
IndianOil & L&T to also form JV to manufacture Electrolyzers. GURUGRAM, India : In a bid to enable India’s decarbonization push, Indian Oil Corporation Ltd., (IndianOil), the country’s top refiner and fuel retailer, Larsen & Toubro (L&T), India’s premier engineering & construction conglomerate, and ReNew Power (“ReNew”) (NASDAQ: RNW) (NASDAQ: RNWWW), India’s leading renewable energy […]
ReNew rated among top 10 renewable power companies globally by Sustainalytics on ESG – EQ Mag Pro
ReNew Energy Global plc (“ReNew” or “the Company”) (NASDAQ: RNW), today announced that it was ranked in the top 10 renewable power companies among 78 companies in the world on ESG Risk Ratings. ReNew has been rated as a ‘low risk’ company after a rigorous and thorough assessment process of its ESG risk exposure, management […]
L&T and ReNew announce partnership to focus on the Green Hydrogen business in India – EQ Mag Pro
Larsen & Toubro (L&T) and ReNew Power on Thursday signed an agreement to tap $2 billion green hydrogen business opportunities in two years in India and the neighbouring countries, S N Subrahmanyan, CEO and MD of Larsen & Toubro said. Under this agreement, L&T and ReNew will jointly develop, own, execute and operate green hydrogen […]
ReNew expects to commission 10.2 GW renewable energy capacity by FY23
ReNew expects to have its 10.2 GW portfolio operational by the end of FY23 which also includes 3.8 GW of committed capacity i.e. which has a PPA/LOA (Power Purchase Agreements/Letter of Award) or for which the company has a binding acquisition agreement. New Delhi: Renewable energy firm ReNew Power is looking to commission its 10.2 […]
Grasim to Acquire 26% Stake in Renew Surya Uday
Also enters into power purchase agreement with Renew Surya Uday Grasim Industries has executed a share purchase subscription and shareholders’ agreement with Renew Green Energy Solutions (Promoter) & Renew Surya Uday (Power Producer) and Power Purchase Agreement with Renew Surya Uday (Power Producer). The purpose of entering into the agreement is to operate and maintain […]