ReNew commits ₹22,000 crore to 2.8 GW Andhra Pradesh hybrid project

ReNew Energy Global announced a ₹22,000 crore ($2.5 billion) investment to build a 2.8 GW hybrid renewable project in Andhra Pradesh's Anantapur district, combining solar, wind, and battery storage. The project advances India's domestic clean-energy manufacturing and grid-stability goals, reinforcing ESG compliance pathways for power consumers and financiers.

ReNew's ₹22,000 crore ($2.5 billion) project in Anantapur district will generate 2.8 GW combining 1.8 GW solar, 1 GW wind, and a 2 GWh battery energy storage system. The first phase includes 587 MWp solar, 250 MW wind, and 415 MWh of battery storage, with power purchase agreements already in place. Remaining capacity rolls out in subsequent phases under Andhra Pradesh's Integrated Clean Energy Policy, which targets 78.5 GW solar, 35 GW wind, and 25 GWh BESS long term.

Andhra Pradesh's power sector, local communities, and ESG-focused power consumers and financiers are the primary beneficiaries. Under "Make in India," all solar modules will be 100% domestically manufactured at ReNew's Jaipur and Dholera facilities, reducing import dependency. Solar tracking and waterless robotic cleaning will maximise output while conserving water. The project will generate an estimated 1,500 direct and indirect jobs and meet up to four hours of peak load daily through long-duration storage.

Power consumers and financial institutions seeking greener supply chains should monitor phased rollout and grid-reliability gains as India transitions to a decentralised, demand-responsive system. ReNew currently operates 777 MW of renewable capacity in Andhra Pradesh, and its national and international portfolio stood at 17.4 GW as of February 2024, making it India's second-largest renewable developer after Adani Green. The integration of clean generation with storage offers a blueprint for India's decarbonisation roadmap.

Key figure — Project investment: ₹22,000 crore ($2.5 billion) for 2.8 GW hybrid capacity