ReNew Power (ReNew), a renewable energy company, has commissioned 300 MW SECI-6 solar project, pushing the company’s total operating capacity to its highest level ever of 7.4 GW.
The company has installed a record 1.5 GW of renewable energy projects in FY22 YTD, despite challenges related to COVID-19 and supply chain disruptions.
The company is on track to meet its goal of 8.2 GW of operating capacity by the end of FY22.
In FY21, the company has 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 seven GW landmark is located in the states of Rajasthan and Gujarat.
The 1.5 GW capacity addition in FY22 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. All these capacity additions in FY22 are expected to offset over 75,000 mn tCo2e of carbon emissions cumulatively.
Around 1.05 GW of this organic capacity addition has a PPA with the Solar Energy Corporation of India (SECI), an entity owned by government of India, for 25 years.
The company recently announced a partnership with L&T for developing green hydrogen capacity.
