ReNew Power has set up Gujarat’s first wind-solar hybrid project at the Chlor-Alkali unit of Grasim Industries Limited in Vilayat, Bharuch, in southern Gujarat. The first phase of the hybrid project, with 17.6 MW commercial-scale wind-solar, has recently commenced operations and is expected to generate ~80 million units of renewable energy every year, mitigating ~75,000 tCO2e (carbon emissions) annually. The partnership will expand further with an additional 16.68 MW, which will be commissioned in the next financial year (FY23), as part of the second phase.
The project is being developed by ReNew Green Solutions (RGS), the B2B arm of ReNew Power. Both the parties have entered into a 25-year PPA, which will see the project supply power for the plant at Vilayat, Bharuch, via an Open Access mechanism. Once both phases are commissioned with a combined capacity of 34.28 MW, the partnership is expected to generate a total of approximately 160 million units of renewable electricity annually, mitigating a cumulative ~150,000 tCO2e (carbon emission) a year (The tCO2e value has been calculated as per CEA database version 16). Both phases together have a total investment of INR ~3.82 billion (~$51 million) through an equity partnership.
Speaking on the project, Mayank Bansal, Chief Commercial Officer, ReNew Power, said, “With corporates increasingly harnessing renewable energy, ReNew aims to develop around 250 MW of wind-solar hybrid projects in Gujarat for commercial & industrial consumers, like we have just done at Vilayat, Bharuch.”
