ReNew signs MoUs worth $7.8 billion for green energy projects
Power Finance Corp. (PFC) and Rural Electrification Corp. (REC) committed debt funding of $3.9 billion each.
ReNew commissions 70 MW of C&I wind-solar projects
ReNew has commissioned a 42.8 MW renewable energy project for consumption by Sandur Manganese & Iron Ores and another 27.2 MW for Toyota Kirloskar Motor.
WattPower signs 1.2 GW string inverters supply deal with ReNew
Pavit Gandhi, sales director at WattPower Systems, told pv magazine that WattPower Systems will supply 1 GW of string inverters by December 2023 and the balance by March 2024 for ReNew’s multiple renewable energy projects.
India’s solar report card for FY 2022-23
India installed 9.8 GW of utility-scale solar and 2.2 GW of rooftop PV capacity in the twelve months ending March 31, 2023.
People on the move: Longi Hydrogen and Hygenco
Gaurav Gaba has joined Longi Hydrogen as sales director. Shashank Adlakha is starting a new position as a chief operating officer at Hygenco -The Hydrogen Company.
ReNew raises $400 million via green bonds
The developer said the funds raised would go towards refinancing its existing dollar debt and funding various growth initiatives.
ReNew repaid over $1 billion to offshore bondholders in FY2023
The amount repaid included the most recent amortization of $180 million this month.
Indosol, Reliance win production-linked incentives for poly-to-module manufacturing
Eleven companies have emerged winners in the second round of production-linked incentive scheme for high-efficiency solar modules. Out of these, Indosol, Reliance, and First Solar have won incentives for fully integrated manufacturing capacities.
Adani to develop 15 GW of renewable energy projects in Andhra Pradesh
Adani Group has committed to building 15 GW of renewable power projects in Andhra Pradesh, while Reliance announced its 10 GW solar plans for the state. Avaada, Greenko, Indosol, and ReNew have also pledged massive investments into the state’s renewables sector.
Airtouch Solar signs $3 million cleaning robot deal with ReNew
Israel-based Airtouch Solar has signed a $3 million deal with Indian developer ReNew for the supply and maintenance of PV panel cleaning robots.
