SUBSCRIBE NEWS LETTER

Sumant Sinha

The Bridge to 280 GW Of Solar. Corporate India Steps Up

They have the money, resilience, and execution ability that can leave an indelible impact on India’s economy; but can the country’s corporates (C&I sector) open up a new growth engine for India’s solar movement? The time, it seems, has arrived. As always in India, among the stakeholders, there will be many who will want to […]

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India Has Potential For Another 23.7 GW of Clean Energy by 2026: GWEC

The Global Wind Energy Council (GWEC) and MEC Intelligence have launched a report on “Renewing Wind Growth to Power the Energy Transition: India Wind Energy Market Outlook 2026”. This third annual edition looking at the wind energy outlook in India highlights wind energy’s critical link to India’s green energy transition. The outlook suggests that the […]

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ReNew Energy Raises $1 Billion Loan For 1300 MW RTC Project

ReNew Energy Global plc has announced that it has tied up with 12 international lenders, led by Rabobank- a Dutch multinational banking and financial services company, for the largest External Commercial Borrowings (ECB) project finance loan in the country’s renewable sector, for any single project. The US$ 1-billion loan project has been tied up through […]

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ReNew Bags 50 MW Hybrid Deal In Corporate PPA With DCM Shriram

DCM Shriram Ltd. (DCM Shriram), a leading business conglomerate with a group turnover of Rs 9,849 crore, and ReNew Power, have  announced the signing of two Captive Power Agreements (CPAs) that will see 50 MW of renewable energy supplied from ReNew’s two upcoming projects in Bhavnagar, Gujarat, to DCM Shriram’s Chlor-Alkali manufacturing facility in Bharuch […]

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ReNew Analyst Call Highlights- Module Mfg Hiked To 6 GW, Corporate PPA Market, More Backward Integration

Nasdaq listed ReNew Energy Global (ReNew Power), which announced its Q4 results for FY 22 yesterday (June 15), hosted its analyst call later in the evening. We bring you some of the key highlights from the call, where Founder, Chairman and CEO Sumant Sinha Spoke, along with new CFO Kedar Upadhye, Chief Sustainability Officer Vaishali […]

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ReNew Power Announces Adding 700 MW; Portfolio Jumps to 12.8 GW

Renewably energy player ReNew Power has announced that it has signed definitive agreements to acquire an operating wind and solar portfolio of about 528 MW. The green power capacity comprises 471 MW of wind and 56 MW of solar assets. ReNew Power has also signed a power purchase agreement (PPA) with Maharashtra’s MSEDCL for a […]

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ReNew Power Signs PPA With Meghmani Finechem For Hybrid Project

Meghmani Finechem Limited (MFL), a leading manufacturer of Chlor-Alkali and its value added derivatives, on May 28 announced that it has entered into agreements with Renew Green Energy Solutions Pvt Ltd for setting up a wind-solar hybrid power project. Meghmani Finechem has executed an Energy Subscription Agreement (ESA) and Share Subscription and Shareholder Agreement (SSSHA) […]

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US University Confers Inaugural Award On ReNew Power CEO

Columbia University’s School of International and Public Affairs (SIPA) conferred  the inaugural “Distinguished Alumni Award” on Sumant Sinha, the founder, chairman and CEO of ReNew Power. A press release issued by SIPA on May 9 reads, “Sinha, the founder, chairman, and CEO of ReNew Power, received the first Distinguished Alumni award. The awards, Alumni Association chair […]

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Japanese conglomerate Mitsui to invest in ReNew Power’s RTC project

ReNew Power on Wednesday said Japan’s trading firm Mitsui & Co will invest in the Indian firm’s round-the-clock renewable energy project aggregating 1,300 Mw and 100 MWh battery storage. ReNew Power last year signed 400 Mw round-the-clock (RTC) power purchase agreement to supply electricity to Solar Energy Corporation of India (SECI). For the 400 Mw […]

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