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Home » ReNew Commits $2.5B to Build One of India’s Largest Hybrid Renewable Projects
ESG & Sustainability

ReNew Commits $2.5B to Build One of India’s Largest Hybrid Renewable Projects

omc_adminBy omc_adminMay 16, 2025No Comments3 Mins Read
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$2.5B investment to deliver 2.8 GW of renewable energy combining solar, wind, and storage in Andhra Pradesh.

Boost to India’s 2030 clean energy goals, with 100% Made-in-India components and advanced, waterless solar tech.

1,500 jobs and long-duration energy storage to support peak-hour demand and investor confidence in AP’s energy sector.

ReNew Energy Global will invest INR 22,000 crore ($2.5 billion) to develop one of India’s largest hybrid renewable energy (RE) projects in Andhra Pradesh’s Anantapur district.

The facility will generate 2.8 GW of power—1.8 GW from solar, 1 GW from wind—and include a 2 GWh battery energy storage system (BESS), enabling the plant to dispatch clean power for up to four peak-demand hours daily.

“The state of Andhra Pradesh presents an attractive mix of investor-friendly policies, excellent transmission connectivity, and abundant availability of solar and wind resources,“ said Sumant Sinha, Founder, Chairman, and CEO of ReNew. “We are highly optimistic about developing large-scale renewable capacity in the state to contribute to the Hon’ble Prime Minister’s commitment of achieving 500 GW of non-fossil electricity by 2030.”

Sumant Sinha, Founder, Chairman, and CEO of ReNew

The phased project will begin with 587 MWp of solar and 250 MW of wind capacity, plus a 415 MWh BESS. Power purchase agreements (PPAs) for this phase are already signed. The remainder will follow in future development stages.

Aligned with the Make in India initiative, the solar panels will be 100% domestically produced from ReNew’s manufacturing units in Jaipur and Dholera. Advanced solar tracking systems and waterless robotic panel cleaning will optimize energy generation while reducing water use.

RELATED ARTICLE: TenneT Raises €1.1 Billion Through Green Hybrid Bond Issuance for Renewable Energy Projects

The project is expected to create approximately 1,500 direct and indirect jobs and advance Andhra Pradesh’s clean energy targets—78.5 GW solar, 35 GW wind, and 25 GWh BESS capacity.

Shri Nara Lokesh, Andhra Pradesh’s Minister for IT and Renewable Energy, called the initiative a turning point:
“This project is directly aligned with Andhra Pradesh’s Integrated Clean Energy Policy and contributes to India’s 500 GW non-fossil fuel goal by 2030. We are building not just capacity, but also credibility and global investor confidence.”

Shri Nara Lokesh, Andhra Pradesh’s Minister for IT and Renewable Energy

ReNew currently operates 717 MW of wind and 60 MW of solar capacity across 10 sites in Andhra Pradesh. Its national and global renewable portfolio totals 17.4 GW as of February 2024, making it India’s largest renewable company after Adani Green.

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