ReNew Energy Global Plc and clean energy provider Gentari have made a crucial move towards expanding their renewable energy capacity, agreeing on key terms for a joint venture (JV) in clean energy solutions. The agreement was exchanged between Sushil Purohit, CEO of Gentari, and Sumant Sinha, CEO of ReNew, with a plan to invest in […]
Fluence, a US-based energy storage technology and services provider, is joining forces with Indian renewable energy company ReNew Power to establish a joint venture (JV) to boost the energy storage sector in India. The 50:50 JV will serve a market estimated to reach 27GW/108GWh by the end of this decade, as per India’s Central Electricity […]
Larsen & Toubro (L&T) has agreed to sell its 100% stake in the 99MW Singoli Bhatwari hydroelectric project in Uttarakhand to Renew Power Private Limited for INR 985 crores. The run of the river hydroelectric power plant is owned by Larsen & Toubro’s subsidiary L&T Uttaranchal Hydropower Limited (LTUHPL). Its acquirer will be Renew Power’s […]
Indian renewable energy company ReNew Power has commissioned a 105MW solar power plant in Patan District, Gujarat. The Patan solar power plant is underpinned by a 25-year power purchase agreement (PPA) with the Gujarat Urja Vikas Nigam Limited (GUVNL). Under the long term PPA, the ReNew Power project will supply clean electricity to Gujarat at […]