Suzlon Completes Sale of Two Subsidiaries to ReNew Power Updated On Wed, Apr 10th, 2019 by Saurenergy Suzlon Energy has announced that it has completed the sale of two of its subsidiaries to Ostro Power, a wholly owned subsidiary of ReNew Power for Rs 29.8 crore. The two subsidiaries are the Shreyas Solarfarms limited and Aalok Solar farms Limited, which own a combined 30 MW capacity of solar power projects in Rajasthan. […] Read more
ReNew Power Concludes $375 Mn Green Bond Issue Updated On Wed, Mar 13th, 2019 by Saurenergy The capital raised through the green bond issue will be utilised for refinancing of outstanding external commercial borrowings and as Capex in eligible green projects. ReNew Power Limited, one of India’s largest renewable energy Independent Power Producer (IPP) has successfully concluded a green bond issue of US$ 375 million. The five-year non-call two notes were […] Read more
ReNew Power Secures Additional Debt Funding of $350 Mn From OPIC Updated On Thu, Feb 21st, 2019 by Saurenergy The IPP has secured a fresh debt financing of up to USD 350 million from the US Government’s development finance institution. ReNew Power, one of India’s largest renewable energy Independent Power Producer (IPP) in terms of total energy generation capacity, has secured a fresh debt financing of up to USD 350 million from the Overseas […] Read more
Siemens Gamesa to Supply 567 MW to Renew Power for 2 Wind Projects Updated On Fri, Feb 1st, 2019 by Saurenergy As per the deal, which is said to be one of the largest announced in the country, the wind turbine maker will provide the infrastructure needed to install and operate both wind power facilities to Indian IPP. Spanish wind turbines maker Siemens Gamesa Renewable Energy (SGRE) secured a new order from ReNew Power, India’s one […] Read more
ReNew Power Selects GE for 300 MW Gadhsisa Wind Farm Updated On Fri, Dec 21st, 2018 by Saurenergy The wind farm with a proposed installed capacity of 300 MW will be GE Renewable Energy’s largest full turnkey project in India, the statement said. US wind turbines major GE Renewable Energy has been selected by India’s ReNew Power to procure 120 GE 2.5-132 turbines for Gadhsisa Wind Farm in Gujarat, according to a statement […] Read more
ReNew Power’s Edu-Hub Project in Varanasi Awarded Five Star SVAGRIHA Rating Updated On Thu, Dec 13th, 2018 by Saurenergy Edu-Hub is an initiative undertaken by ReNew Power to support talented rural children and youth, by promoting digital literacy. ReNew Power’s Edu-Hub Project in Varanasi has been awarded the coveted Five Star SVAGRIHA Rating by the Green Rating for Integrated Habitat Assessment (GRIHA) Council. Edu-Hub is an initiative undertaken by ReNew Power to support talented […] Read more
Renew Power Partners with CII in its ‘Clean Air Better Life’ Initiative for Punjab Updated On Fri, Oct 26th, 2018 by Saurenergy Under this program, the company has committed to support 500 farmers from Ludhiana district and provide them access to climate smart technological solutions for farm residue management. India’s one of the leading renewable energy IPP, ReNew Power has collaborated with Confederation of Indian Industries (CII) in its ‘Clean Air Better Life’ initiative to help Punjab farmers; with alternative stubble […] Read more
ReNew Power Wins 3MW Floating Solar PV Project at Visakhapatnam Updated On Mon, Oct 22nd, 2018 by Saurenergy In total, this project is estimated to generate around 4.2 million units of power annually, offsetting over 3,960 tonnes of carbon emissions every year. India’s one of the leading renewable energy IPP, ReNew Power has won the tender for developing a 3 MW floating solar PV project in Visakhapatnam, Andhra Pradesh. When commissioned, this project […] Read more
Radite Energy Secured 26 MW Solar Project from Renew Power KTK Pawagada Updated On Sat, Oct 20th, 2018 by Saurenergy In a significant development, Gurgaon based Radite Energy Secured 26 MW Solar Project from Renew Power KTK Pawagada. Radite Energy is already doing two projects at same location(Azure 75 MW and 15 Avada ). Company confirmed this is first order from Renew power they are going to execute. This is one of the biggest order that […] Read more
