Newsletter
ReNew Power, one of India’s largest clean power players, has launched a ₹22,000 crore renewable energy project in Andhra Pradesh’s Anantapur, which is India’s largest green power complex at a single location.
The deets: this mega facility will generate 2.5 GW of clean energy and pack in a 1 GWh battery storage system.
- That’s enough electricity to run about 20 lakh homes, and it also has a huge battery to store that power and use it later when needed.
The project will roll out in two phases:
- Phase 1: ₹14,000 crore for 500 MW each of solar and wind, plus 1 GWh of storage.
- Phase 2: ₹8,000 crore for another 500 MW each of solar and wind.
Zoom out: South India has 86 GW of renewable potential, and Andhra Pradesh alone holds over 51 GW, with Anantapur alone leading at 20 GW. This project puts the state firmly on the green energy map.
FYI, Renew had gone public on the Nasdaq during the 2021 SPAC euphoria.
