ReNew

ReNew E-Fuels is developing a green ammonia plant with a production capacity of 1.2 mmtpa (million metric tonnes per annum) in the Indian state of Odisha.

NTPC Green Energy, ReNew, Avaada, JSW Energy, Welspun Godavari GH2, INOX Air Products, and Larsen & Toubro Green Energy have committed huge investments in setting up green hydrogen production capacities in the Indian state of Maharashtra.

IndiGrid has executed the share purchase agreement to acquire ReNew Solar Urja Pvt Ltd from ReNew Solar Power, which operates a 300 MW (AC) solar project in Rajasthan. The acquisition is to be done a total enterprise value of INR 1,650 crore ($199 million) including net working capital and cash.

Solarpack (Anboto Solar), Apraava Energy, Avaada and ReNew have emerged winners in NTPC’s 1.5 GW solar PV auction.

Avaada, ReNew, Sprng Energy, and Solarcraft (Blupine) have emerged winners in Solar Energy Corp. of India’s 1 GW solar PV auction.

ReNew has signed a memorandum of understanding with the Asian Development Bank for the financing of renewable energy, manufacturing, carbon offset, and green hydrogen projects between 2023 and 2028.

The project will help in the evacuation of 1.5 GW of renewable energy from the Koppal area of Karnataka.

Seven developers secured a cumulative 1.184 GW in SJVN auction for the supply of 1.5 GW of firm and dispatchable power. The winning developers will build renewable power projects supplemented with energy storage system to ensure the power supply.

Airtouch Solar manufactures and sells its autonomous, water-free PV panel cleaning products and services in Israel and India. The company has won significant orders for its recently launched Airtouch AT 4.0 solution with leading Indian developers including Adani Green Energy and ReNew.

The Indian renewable energy developer recorded a net profit of INR 2,983 million ($ 36 million) for the three-month period ended June 30, 2023, compared to a net loss of INR 104 million in the corresponding period last year.