Connexion

ReNew inaugurates 400 MW solar project in Rajasthan

ReNew has inaugurated a 400 MW solar project in Rajasthan, part of a 600 MW PPA signed with SECI for 25 years. The project will reduce annual CO2 emissions by around 1.4 million tonnes.
Projet solaire de 400 MW

Partagez:

ReNew recently launched a 400 MW solar project in the Rajasthan region.
This development is part of a 600 MW Power Purchase Agreement (PPA) with the Solar Energy Corporation of India Limited (SECI).
Located on 2,000 acres in the Pokran and Bhaniyana tehsils of Jaisalmer district, the project is expected to generate around 1,331 million units of electricity per year.
The PPA tariff is set at Rs 2.18/kWh, offering a competitive energy solution for the region.

Environmental and social impact

The project aims to reduce around 1.4 million tonnes of CO2 emissions annually, making a significant contribution to environmental sustainability.
At the same time, ReNew is carrying out various water conservation initiatives in water-scarce districts such as Jaisalmer, providing water to over 700 underprivileged families.
Construction of the project has also generated jobs and will continue to do so during the operational phase, benefiting local communities through long-term land lease agreements.

ReNew’s commitment and prospects

Sumant Sinha, Founder, Chairman and CEO of ReNew, expressed his pride at the rapid completion of the project, which will be able to power 300,000 homes.
Currently, 4000 MW of ReNew’s approximately 10 GW gross operating capacity is located in Rajasthan, with investments of over Rs 21,000 crores.
ReNew plans to increase its portfolio beyond 10 GW in the coming years, reaffirming its commitment to the state’s energy development.

Connecting and using Solar Modules

The project is connected to Rajasthan Rajya Vidyut Prasaran Nigam Limited’s (RVPNL) Jaisalmer-II (Bhensara), making it the largest solar project connected to RVPNL.
SECI has also signed a Power Sale Agreement (PSA) with Rajasthan Urja Vikas Nigam Limited (RUVNL) for the same duration.
The solar modules used for this project are manufactured by ReNew in Jaipur, aligning this initiative with the Indian government’s Atmanirbhar Bharat Abhiyan campaign.
ReNew continues to position itself as a key player in India’s energy transition, with initiatives aimed at improving energy efficiency and promoting energy independence through innovative and sustainable projects.

  • Populaires ​
Kremlin Warns of Global Impact from New Russian Oil Price Cap
Shell plans additional 12 million tonnes of LNG capacity by 2030
Rosatom claims USD 2.9 billion from Finland’s Fortum and Outokumpu
U.S. LNG Exports Drive Natural Gas Prices Higher
Proxima Fusion secures €130 million to accelerate its stellarator project
T1 Energy invests $850mn in photovoltaic industrial unit in Texas
T1 Energy commits $850 million to build a five-gigawatt photovoltaic facility in Texas, selecting Yates Construction and benefiting from local tax incentives, with 1,800 jobs anticipated by the end of 2026.
Goldbeck Solar finishes 90 MWp Postomino plant, ties into Polish grid
The German solar developer has completed the 90-megawatt-peak Postomino photovoltaic park in north-western Poland, integrating it with an existing wind farm’s high-voltage line in a cable-pooling arrangement set to supply electricity to about 32,000 homes.
EDF launches a floating solar plant with 70,000 panels in Isère
EDF Renouvelables plans a floating solar plant in Isère by 2027, featuring 70,000 panels integrated with an existing hydroelectric dam, targeting an annual production of 60 GWh.
Scatec secures $479mn financing for major solar project in Egypt
Scatec ASA finalises financing for its hybrid solar-battery Obelisk project in Egypt, securing $479.1 million from international financial institutions for a planned capacity of 1.1 GW solar and 100 MW storage.
Neoen and Engie Await Government Approval to Relaunch Giant Solar Plant
The 800 MW Horizeo photovoltaic project spanning 680 hectares in Gironde awaits governmental authorization linked to France’s Zero Net Artificialization (ZAN) objective to advance permits submitted in early 2024.
Global solar tracker market reaches 111 GWdc in 2024, says Wood Mackenzie
Global photovoltaic tracker shipments rose 20% in 2024, driven by India and Saudi Arabia, pushing the United States to a less dominant market position.
Astronergy secures first global order for its ASTRO N8 modules
Chinese manufacturer Astronergy will supply its ASTRO N8 photovoltaic modules for a solar project developed in Spain by engineering firm GES Siemsa, marking a strategic advance in the European market.
SMEG launches construction of 6 MWc solar power plant in Mâcon
SMEG and the City of Mâcon have started construction of a 6 MWc solar power plant on a former landfill site, with commissioning scheduled for early 2026.
Corsica Sole launches 5.4 MWc solar power plant on rehabilitated site in Lorraine
Producer Corsica Sole is inaugurating a 5.4 MWc photovoltaic plant in Cirey-sur-Vezouze on a former industrial site, with 8,700 panels and an estimated annual output of 6.1 GWh.
Kashgar reaches 10.2 GW of installed solar capacity and builds a new energy hub
The Kashgar region has connected over 10 GW of solar projects to the grid, representing more than three-quarters of its total power capacity, initiating the development of a new power system in southern Xinjiang.
Soltage secures $260mn to accelerate solar projects in the United States
U.S.-based Soltage raises $260mn to support the construction of 250 MW in solar and storage projects within a development pipeline exceeding 2 GW.
Origis Energy secures $530mn financing for two solar projects in the United States
Origis Energy has closed financing for the Wheatland project in Indiana as part of a $530mn portfolio, in partnership with MUFG and several financial institutions.
German solar revenues drop 37% due to negative power prices
Germany’s solar capture price fell to a five-year low in May, driven by rising negative price hours and excess photovoltaic capacity.
Albioma commissions five solar plants in French Guiana totalling 1.4 MWc capacity
Albioma Solaire Guyane has commissioned five photovoltaic plants totalling 1.4 MWc, spread across Mana and Macouria, to strengthen local electricity supply in a region isolated from the national grid.
NOA and Standard Bank close financing for 349 MW Khauta South solar project
South African group NOA and Standard Bank have finalised the financing of the 349 MW Khauta South solar site, now the largest developed on a single site in South Africa.
Enfinity Global signs contracts for 420 MW of solar in Italy with US-based firm
Enfinity Global signed new power purchase agreements for a 420 MW solar portfolio with a US technology company operating in Italy, reinforcing its position in the Italian energy market.
United States adds 8.6 GW of solar capacity despite legislative threats
The American solar sector saw strong industrial growth in Q1, but tax and trade uncertainties could hinder its momentum and affect local investments.
Top ten solar manufacturers ship 500 GW in 2024 despite $4bn losses
Global solar leaders doubled shipments in one year, but combined losses of $4 billion highlight intense margin pressure in the sector.
U.S. Solar Growth Slows Under Political Pressure from Washington
Growth in the U.S. solar sector is expected to slow by 2030 due to political shifts in Washington directly impacting tax incentives and imposing tariffs on essential materials, creating sectoral uncertainty.
Pine Gate signs 586 MW deal with Waaree for US-made solar modules
The $176 million agreement between Pine Gate Renewables and Waaree Solar Americas strengthens the US solar supply chain with locally manufactured modules.

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

© XMARKET PUBLISHING

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS