SUBSCRIBE
PROFILE

ReNew Energy invests Rs22,000 crore in 2.8 GW hybrid project in India

ReNew Energy Global commits Rs22,000 crore ($2.57bn) to develop a 2.8 GW solar-wind hybrid power plant in Andhra Pradesh.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25£/month*

*billed annually at 99£/year for the first year then 149,00£/year ​

Unlimited access • Archives included • Professional invoice

SUBSCRIBE - 99£/year

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2£/month*
then 14.90£ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

Indian producer ReNew Energy Global has announced an investment of Rs22,000 crore ($2.57bn) for the construction of a hybrid renewable energy project in the state of Andhra Pradesh. The development will have a combined capacity of 2.8 gigawatts, including 1.8 GW from solar energy and 1 GW from wind power, the company confirmed on May 17.

A response to peak demand

The facility will be designed to supply electricity for up to four hours daily during periods of high demand. This strategic positioning aims to meet consumption peaks while leveraging complementary renewable resources. No commissioning date has been announced at this stage, but the group highlighted the importance of this project to its domestic portfolio.

ReNew Energy Global currently ranks second among renewable energy producers in India, behind Adani Green. The company operates in ten Indian states and manages a global portfolio totalling 17.4 GW as of February 14.

Acceleration amid a catch-up phase

This investment comes as the country intensifies efforts to make up for delays in meeting its energy targets. India, which missed its goals in 2022, is seeking to accelerate capacity additions in the non-fossil sector. According to Global Energy Monitor, the country must double its installations over the next five years to reach the national objective of 500 GW in non-fossil capacity by 2030.

Recent figures show that investments in the renewable energy sector have seen a significant increase over the past year. However, current growth remains below the pace required to meet the government’s timelines.

Strategic positioning in a competitive market

The Andhra Pradesh initiative could strengthen ReNew Energy’s competitiveness in a rapidly consolidating market. Combining solar and wind technologies allows better management of intermittency and increased flexibility in grid supply. The company has not disclosed the technology partners or suppliers involved in the project.

“This project marks a significant step in our growth strategy,” said a ReNew Energy official, quoted by KNN India on May 17.

  • Popular on energynews.pro
CPV secures $1.1bn funding for 1,350 MW gas-fired power plant in Texas
Sinopec and BASF align their product carbon footprint accounting methods
Eos Energy secures 228 MWh strategic order from Frontier Power
Dominion Energy raises third-quarter 2025 earnings guidance on stronger results
Alternō launches sand battery technology in Japan with two thermal storage systems
Takeei converts 1.5 MWAC solar plant to FIP scheme in Japan
Takeei Energy & Park begins operating its first asset under the feed-in-premium scheme, marking a milestone in the group’s investment strategy in the renewable energy sector.
George Gordon First Nation finalises 32.4 MW solar project in Saskatchewan
An unprecedented partnership with the Canada Infrastructure Bank enables George Gordon First Nation to fully own a solar plant powering a potash mine in Saskatchewan.
Zelestra secures $60mn tax equity financing for Jasper solar power plant
Zelestra has closed a $60mn tax equity deal with Stonehenge Capital to support its 81 MW solar project in Indiana, set to become operational in Q4 2025.
JA Solar to supply over 100 MW of modules to 5B for Western Australia project
JA Solar has signed a strategic agreement with Australia's 5B to supply over 100 MW of photovoltaic modules for a large-scale solar project in Western Australia.
energyRe secures $370mn for solar projects in South Carolina
energyRe secured $370mn in financing from several international banks to support the construction of a solar portfolio set to supply electricity to approximately 36,000 households.
Volkswagen secures 400 GWh of Guarantees of Origin from Enfinity in Italy
Enfinity Global has signed a ten-year agreement with VW Kraftwerk GmbH for the annual supply of 40 GWh of Guarantees of Origin from its photovoltaic power plants in Italy.
We Recycle Solar and Nations Roof partner to recycle commercial solar rooftops in the US
We Recycle Solar and Nations Roof launch a joint offer to manage rooftop solar panel recycling and upgrade energy infrastructure on commercial buildings across the US.
Renewable America completes 9.4 MW solar and storage portfolio in California
The Foster Clean Power project in Humboldt County combines 9.4 MW of solar capacity and 10 MWh of battery storage under a power purchase agreement with Redwood Coast Energy Authority.
Stardust Solar reaches operating breakeven with record revenue of $1.78M
Stardust Solar reports its first-ever positive EBITDA, driven by a 99% jump in quarterly revenue and a record inflow of signed contracts.
GreenYellow invests €100mn in Poland to strengthen its C&I portfolio
GreenYellow is expanding its presence in Poland with a €100mn ($106mn) investment plan to grow its photovoltaic capacity, develop energy storage, and deploy energy efficiency solutions for industrial and commercial businesses.
Korkia and Evolution Power secure approval for 250 MW solar project in the UK
The UK government has authorised the construction of the Stonestreet Green Solar project, combining 150 MWp of solar capacity and 100 MW of battery storage, marking a major step for Korkia and Evolution Power’s infrastructure portfolio.
TotalEnergies and Aljomaih secure 400 MW solar project in Saudi Arabia
The Franco-Saudi consortium has won a 25-year contract to develop a 400 MW photovoltaic plant in the Hail region, as part of Saudi Arabia’s national renewable energy programme.
Marubeni and Aeon sign 200MW PPA framework by FY2028
Marubeni Power Retail will supply Aeon with up to 200MW of solar power via an off-site PPA framework, with delivery set to begin this fiscal year and scale up progressively through 2028.
Clenergy restructures leadership to support global and Australian growth
Clenergy has appointed Haydn Fletcher and Samir Jacob to strategic positions to strengthen its operations in Australia and internationally, amid targeted commercial expansion.
Nextracker Arabia to begin solar systems production in Saudi Arabia by 2026
Abunayyan Holding and US-based Nextracker launch an industrial joint venture in Riyadh to locally produce large-scale solar equipment for Saudi Arabia and the MENA region.
ENGIE North America signs 600 MW solar deal with Meta in Texas
ENGIE North America has signed new power purchase agreements with Meta for a 600 MW solar project in Texas, bringing their renewable energy partnership in the US to over 1.3 GW.
OPES Solar Mobility opens a solar panel factory for vehicles in Germany
OPES Solar Mobility launches Europe's first factory for flexible vehicle solar panels in Zwenkau, targeting truck, bus and utility vehicle markets across several continents.
UAE launches $6bn project for 1GW of continuous renewable energy
Abu Dhabi has begun construction on the world’s first gigascale solar and battery storage project, capable of delivering 1GW of baseload renewable power, with operations expected by 2027.
Shanghai Electric signs 342 MW deal with Econergy in Romania
Shanghai Electric has signed phase II of the Parau photovoltaic project with Econergy, expanding its Romanian solar portfolio to 550 MW.
Swift Solar deploys first perovskite solar panels for US military operations
Swift Solar has installed its perovskite solar panels on a military site for the first time, as part of a US Department of Defense exercise testing energy resilience for critical infrastructure.

All the latest energy news, all the time

Annual subscription

8.25£/month*

*billed annually at 99£/year for the first year then 149,00£/year ​

Unlimited access - Archives included - Pro invoice

START - 99£/year

Monthly subscription

Unlimited access • Archives included

5.2£/month*
then 14.90£ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.