RENEW POWER’S CAPACITY ADDITION WILL HELP AVOIDING HUGE AMOUNT OF CARBON EMISSIONS

Representative image from pixabay

ReNew Power, India’s leading renewable energy company, has commissioned the 300 MW SECI-6 solar project, pushing the company’s total operating capacity to its highest level ever of 7.4 GW. Driving this growth is a record installation of 1.5 GW of renewable energy projects this fiscal year (FY22 YTD), despite challenges related to COVID-19 and supply chain disruptions. ReNew is on track to meet its goal of 8.2 GW of operating capacity by the end of FY22. In FY21, ReNew finished the year with an operating capacity of 5.6 GW.

The bulk of ReNew’s organic capacity addition that led it to surge past the 7 GW landmark is located in the states of Rajasthan and Gujarat. The 1.5 GW capacity addition in the current fiscal year comprises more than 1.3 GW of utility scale solar projects. These include 1.2 GW in Rajasthan, 105 MW in Gujarat, and 20 MW in Maharashtra. In wind projects, over 150 MW has been installed, including 136 MW in Karnataka and 22 MW in Gujarat.

Speaking about the capacity addition, Chairman and CEO of ReNew, Sumant Sinha, said, “ReNew continues to be at the heart of India’s transformation as a clean energy leader.
The major organic addition of 1.5 GW of renewable energy projects this fiscal year and
the fact that we have crossed 7 GW of commissioned capacity shows we are well on track to achieve our aspirational goal of 18 GW by FY25.”

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