ReNew has announced the commissioning of 750 MW of a 1 GW solar project in Rajasthan. The remaining 225 MW is set for completion by January 2025.
The project is being constructed using solar panels manufactured by ReNew in Jaipur, Rajasthan, and Dholera, Gujarat, as part of the Make in India initiative.
ReNew has secured three separate power purchase agreements (PPAs) with Solar Energy Corp. of India (SECI) for the project capacity. The power generated from the project will be supplied to the state.
“ReNew’s current investment of around INR 21,000 crore ($2.5 billion) across completed and under-construction projects in the state is set to scale up manifold. This is in line with the MoU that the company signed previously with the Government of Rajasthan for an investment of INR 62,000 crore by 2030. This will make ReNew one of the largest private-sector investors in the state,” stated the company.
ReNew’s solar panel manufacturing facilities in Jaipur and Dholera produce 17,000 solar panels daily using advanced automation technologies, supporting large-scale utility projects and urban rooftops. These facilities have generated over 1,500 direct jobs and an equivalent number of indirect opportunities.
ReNew has reached a total RE portfolio of 10+ GW across commissioned, under-construction, and pipeline projects in Rajasthan, of which 4+ GW is operational.
The company’s current pipeline stands at over 23 GW, including the contracted renewable energy portfolio, storage systems, and wins in auctions. It has reached 10.4 GW of cumulative operational capacity as of November 2024.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.