ReNew Power buys Ostro Energy Updated On Mon, Apr 2nd, 2018 by Saurenergy This strategic investment helps ReNew Power further consolidate its position in the fast-growing, Indian clean energy sector. Clean energy firm, ReNew Power has acquired Ostro Energy for an undisclosed amount. The company said in a statement that, “This strategic investment helps ReNew Power further consolidate its position in the fast-growing, Indian clean energy sector.” Concurrent with this transaction, Canada […] Read more
Renew Power Commits Rs 13k cr Investment on Clean Energy in AP Updated On Mon, Feb 26th, 2018 by Saurenergy The move has come to develop renewable energy capacity in Andhra Pradesh and also helps in generating direct employment for 4,000 people and indirect employment for 6,000 people. Renewable energy company ReNew Power has inked a Memorandum of Understanding (MOU) with the Andhra Pradesh (AP) government during the ongoing 3-day CII Partnership Summit to invest Rs 13,000 crore over the next five years. […] Read more
ReNew Power to Invest Rs 8k cr in UP to Set Up 1,200 MW Renewable Capacity Updated On Thu, Feb 22nd, 2018 by Saurenergy The move will create 12,000 jobs in the state, including direct employment for 5,500 people and indirect employment for 6,500 people, to facilitate development of 1200 MW of renewable energy installed capacity in the state. ReNew Power Ventures has signed a Memorandum of Understanding (MOU) with the Uttar Pradesh (UP) government to invest Rs 8,000 crore for 1,200 […] Read more
Renew Power Signs MoU with Maharashtra Govt for Rs 14K Cr Investment Updated On Tue, Feb 20th, 2018 by Saurenergy As per reports, a Memorandum of Understanding (MoU) was signed at the three-day investment summit “Magnetic Maharashtra: Convergence 2018” held in the financial capital of the country. In a significant development, Indian renewable energy company ReNew Power has said it has signed a pact with the Government of Maharashtra to facilitate a proposed investment […] Read more
Saurabh Bhandari to Speak At The India Conference, Harvard Business School, Boston, USA Updated On Tue, Feb 6th, 2018 by Saurenergy Saurabh Bhandari, Founder CEO of SolarMaxx has been invited as a speaker at the India Conference 2018 in Boston, Massachusetts this February. The India Conference is one of the largest student-run conferences focusing on India in the USA. It is hosted at the Harvard Business School and Harvard Kennedy School by the graduate students of […] Read more
Uttar Pradesh to Invite Bids for 100 MW Solar Power Projects in March Updated On Wed, Jan 10th, 2018 by Saurenergy According to a senior state ministry official the bids are for solar projects on open access basis to be set up in the Bundelkhand region. Boosted by the successful implementation of solar projects in states like Karnataka and Gujarat, the Uttar Pradesh government is planning to invite bids for 100 MW of solar power projects […] Read more
Renew Power and Hareon Solar Commissions 172MW solar power plant in Dichipally, Telangana Updated On Tue, Oct 3rd, 2017 by Saurenergy This project is the largest joint-venture project between Hareon Solar and ReNew Power and was commissioned ahead of schedule. Hareon Solar and ReNew Power Ventures Pvt. Ltd. has announced the commissioning of their 172 MW (143 MWAC) solar project in Dichipally, Telangana, India. The 172 MW solar power plant spreads over approximately 1100 acres of […] Read more
Goldman Sachs-backed ReNew Power aiming at 5 GW power generation capacity in the next two yrs Updated On Mon, Sep 11th, 2017 by Saurenergy In April, ReNew Power Ventures had announced doubling its power generation capacity in a year’s time, which crossed 2 GW. ReNew Power Ventures targets to double its generation capacity to 5 GW in the next two years, a top company official said. The company has planned to add 1 GW capacity this fiscal, ReNew Power […] Read more
ReNew to Acquire Orange’s Portfolio in $950 Million Deal to Bulk Up Before IPO Updated On Wed, Jul 19th, 2017 by Saurenergy ReNew power is in in active discussions with Orange Renewable to acquire its portfolio of a little over 600 MW of predominantly wind and a smattering of solar assets for Rs 6175 crore ($950 million) of enterprise valuation, and has already submitted a non binding offer and is conducting diligence. Sumant Sinha led ReNew Power […] Read more
